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SECURITIES AND EXCHANGE COMMISSION Metro Manila, Philippines FORM 23AREVISED INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 23 of the Securities Regulation Code1.

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How to fill out indirect beneficial ownership

01

Gather all the necessary information about the indirect owners of the business entity.

02

Identify the specific details required for the indirect beneficial ownership form, such as name, address, percentage of ownership, and relationship to the business entity.

03

Fill out the form accurately and completely, ensuring that all information provided is correct and up-to-date.

04

Review the form for any errors or missing information before submitting it to the relevant authority or organization.

Who needs indirect beneficial ownership?

01

Individuals or entities that have ownership interests in a business entity but do not have direct control over it may need to fill out indirect beneficial ownership forms.

02

These forms are typically required by regulatory authorities, financial institutions, or other entities to ensure transparency and compliance with applicable laws and regulations.

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What is indirect beneficial ownership?

Indirect beneficial ownership refers to the ownership interest held by one entity through another entity.

Who is required to file indirect beneficial ownership?

Entities that have ownership interests in other entities and meet certain threshold requirements are required to file indirect beneficial ownership.

How to fill out indirect beneficial ownership?

To fill out indirect beneficial ownership, entities must provide information about their ownership interests in other entities, including the percentage of ownership and the relationship between the entities.

What is the purpose of indirect beneficial ownership?

The purpose of indirect beneficial ownership is to provide transparency and accountability in ownership structures, particularly in identifying the ultimate owners of an entity.

What information must be reported on indirect beneficial ownership?

Entities must report information such as the name of the entity in which they hold ownership interests, the percentage of ownership, and the relationship between the entities.

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