July 2014

Robust core business boosts BDO 1H14 net income to P11.05

billion

BDO Unibank, Inc. (BDO) posted P11.05 billion in net income for 1H14, coming mainly from
sustainable core earnings. While this is 22 percent lower compared to last year due to
extraordinary trading gains booked in 1H 2013, it represents a 19 percent growth on a core
operating basis.

The Bank continues to register sustainable profits as net interest income grew by 24 percent to
hit P24.7 billion, on the back of a 21 percent growth in customer loans. BDOs gross customer
loans currently stands at P975.1 billion.

On the other hand, total deposits ended at P1.37 trillion, equivalent to a 35 percent year-on-year
growth rate. With 17 new branches as of 2Q14, the Banks continued branch expansion enabled
it to sustain CASA growth and effectively reduce its cost of funds.

Trading & FX gains reached P4.2 billion for 1H14, while fee-based income expanded to P8.3
billion. Operating expenses meanwhile amounted to P24.2 billion. BDOs pre-provision
operating profit (PPOP) remains solid as it recorded a first half figure of P14.7 billion.

With a benign credit environment, the Banks asset quality remains resilient with NPL ratio at
1.6 percent while its current coverage ratio stands at 174 percent.

BDO continues to be well capitalized with a total capital adequacy ratio (CAR) of 14.5 percent,
and common equity tier 1 (CET1) ratio of 13.1 percent under the current Basel III environment.
These ratios are well above the regulatory minimum of 10 percent, and 8.5 percent respectively.

As the Philippine economy copes with changes in the political, global and environmental
landscapes, BDO continues to build on its primary business strengths in order to capitalize on
new opportunities and further solidify its market leadership.

About BDO

BDO is a full-service universal bank which provides a wide range of corporate, commercial and
retail banking services. These services include traditional loan and deposit products, as well as
treasury, trust banking, investment banking, private banking, cash management, leasing and
finance, remittance, insurance, retail cash cards and credit card services.

BDO has one of the largest distribution networks, with more than 830 operating branches and
over 2,300 ATMs nationwide. It also has a branch in Hong Kong as well as 13 overseas
remittance and representative offices in Asia, Europe, North America and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits, capital and trust funds
under management based on published statements of condition as of March 31, 2014. For more
information, please visit www.bdo.com.ph.