BDO Leasing and Finance : Update on Corporate Actions/Material Transactions/Agreements

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Mar 3, 20222. SEC Identification Number 978693. BIR Tax Identification No. 000-486-0504. Exact name of issuer as specified in its charter BDO Leasing and Finance, Inc.5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office No. 12 ADB Avenue, Ortigas Center, Mandaluyong CityPostal Code15548. Issuer's telephone number, including area code (632) 8688-12889. Former name or former address, if changed since last report --10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	2,162,475,312

11. Indicate the item numbers reported herein Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

BDO Leasing and Finance, Inc.BLFI PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure

Agreement for the Sale of Shares in BDO LEASING AND FINANCE, INC.

Background/Description of the Disclosure

The previously disclosed agreement dated 24 January 2020 between BDO Unibank, Inc. and its subsidiary, BDO Capital & Investment Corporation, with third party buyers for the sale of shares in BDO LEASING AND FINANCE, INC. (BDOLF) lapsed on 24 January 2021 for failure to comply with the closing conditions on account of the non-resolution by the Securities and Exchange Commission (SEC) of BDOLF's request for reconsideration of SEC's Suspension Order, which was filed two years ago on 24 February 2020, and the trading suspension of BDOLF's shares in the PSE. BDO is now contemplating keeping BDOLF, repurposed as a holding company, for its own investment purpose or, depending on the terms of outstanding offers, pursue the sale of its shares with other prospective buyers. We trust this addresses your request for clarification. Thank you and best regards.

Other Relevant Information

N/A

Filed on behalf by:

Name	Elmer Serrano
Designation	Corporate Information Officer