ABS-CBN Corporation is the biggest media conglomerate in the Philippines, dominating three main

platforms: television, radio, and online media.

ABS-CBN traces its beginnings to the merger of two broadcast networks after World War II: Alto
Broadcasting System and Chronicle Broadcasting Network.

ABS was owned by then president Elpidio Quirino’s younger brother Antonio, who bought into Bolinao
Electronics Corporation, a company owned by Jewish-American businessman James Lindberg that
assembled radio-transmitting equipment. Lindenberg applied for and got the very first television
franchise in the Philippines, and, on October 23, 1953, ABS aired the first full-blown TV broadcast in the
country as DZAQ-TV.

CBN, on the other hand, stands for Chronicle Broadcasting Network and was owned by Eugenio Lopez Sr.
of the Lopez family that also owned the broadsheet Manila Chronicle.

Lopez bought ABS from the Quirinos on February 24, 1957. ABS-CBN came into existence, and was the
first Philippine network to broadcast in color.

Lopez was the elder brother of Fernando Lopez who served as Elpidio Quirino’s vice president from 1949
to 1953 and Ferdinand Marcos’ vice-president until 1972, when Marcos declared martial law and took
control of all media, including ABS-CBN and the Manila Chronicle which then ceased operations.

ABS-CBN resumed commercial operations after the People Power Revolution in 1986 when then
President Corazon Aquino, through an executive order, gave the Lopezes back the businesses that
Marcos seized from them 14 years earlier, including ABS-CBN and other companies.

On March 1, 1987, Channel 2 was relaunched as “The Star Network” and has since then produced
content that appeals to the Filipino viewing public.

Today, ABS-CBN Corporation has P38.278 billion ($817 million) declared revenue as of December 31,
2015 with the bulk of its income coming from its broadcast operations followed by its cable and satellite
operations. It has presence on TV via ABS-CBN 2, sports station Sports+Action, and regional channels. On
radio, there is DZMM on the AM band and 101.9 on the FM band, while online platform is abs.cbn.com.
The company continues to produce printed material with ABS-CBN Publishing Incorporated, a magazine
and book publisher.ABS-CBN forms a duopoly in the Philippine media landscape together with its closest
competitor, GMA Network Incorporated, with the two giants capturing 80.72 percent of the television
audience in the Philippines.

ABS-CBN Corporation https://philippines.mom-rsf.org/en/owners/companies/detail/company//abs-cbn-

corporation
1953- After setting up a transmitter tower in San Juan and importing 300 TV sets, Alto Broadcasting
System (ABS) on October 23 airs a party that ABS co-owner Tony Quirino hosts at his home in Sitio Alto,
San Juan.

Quirino buys into Bolinao Electronics, the five-year-old firm of James Lindenberg which supplies radio
equipment to Filipino broadcasters. Bolinao Electronics was then renamed Alto,Broadcasting System
after Tony Quirino and his wife Aleli.

1957- Eugenio H. Lopez Sr., owner of Chronicle Broadcasting Network (CBN), acquires Alto Broadcasting
System (ABS) on February 24.

1961- On June 14, Eugenio “Geny” Lopez Jr. realizes his dream of “bridges on the air” with the initial
telecast of DYCB-TV Channel 3 Cebu.

1966- ELJ forges an agreement between Radio Corporation of America and ABS-CBN/Bolinao for the
establishment of its first color TV broadcast in the Philippines.

1967- Broadcasts Philippine TV’s first marathon election coverage on November 14.

“Halalan ‘67” airs poll results and updates for 36 hours straight.

1968- Begins to use live satellite transmissions from abroad, with events like the funeral of Robert
Kennedy in June and the US presidential elections.

Inaugurates its new Broadcast Center on Bohol Avenue on December 18.

1969- Delivers its “Man on the Moon” coverage, the country’s first telecast of an event via satellite; the
network airs live satellite feeds and news updates.

1970- Increases its color programming to eight hours a week. Until mid-1970, it is the only TV network
broadcasting in color.

1972- ABS-CBN and its affiliate stations are seized and its owners forcibly ejected after the country is
placed under martial law.

1986- On September 16, ABS-CBN resumes broadcasting.

1987- Relaunched as “The Star Network,” the network leaps from cellar dweller to No. 1 in less than six
months.

1988- Starts to broadcast via domestic satellite system.

1991- The Talent Center is established to develop a stable of new stars for the network.

1992- Regional stations begin producing programs for the local audience.

1993- Star Cinema debuts with “Adan Ronquillo.”

1994- Eugenio Lopez III is named ABS-CBN president, while Eugenio Lopez Jr. becomes chairman. The
Filipino Channel (TFC) is launched in April.

1996- In May, ABS-CBN launches the Sarimanok News Network, later renamed ABS-CBN News Channel
(ANC).

1997- Eugenio Lopez III takes the reins to become ABS-CBN chairman and CEO.

ABS-CBN Foundation Inc. puts up Bantay Bata 163, which makes a significant contribution in the efforts
to stop child abuse.

1998- Reaches 97% of the country’s TV households and 88% of the land area.

1999- Reaches 93% of TV households via a network of 35 TV stations and 2,000 affiliates. Embarks on
digitalization.

2002- In June, the ABS-CBN International division spins off into a wholly owned subsidiary as ABS-CBN
Global Limited. Ends the year with a 42.7% audience share nationwide, making it the country’s No. 1
network.

2007- Launches the DZMM TeleRadyo cable TV channel, merging the radio and television media.

2008- Charo Santos-Concio becomes the company’s fifth president. Goes tapeless in its TV production in
and out of the studios.

2009- Through Boto Mo, I-Patrol Mo, the world learns about the Maguindanao/Ampatuan massacre. It
was a Boto Patroller who first sent a picture from the crime scene to ABS-CBN. ANC is the first to break
the news. The “Bro, Ikaw ang Star ng Pasko” Christmas station ID becomes a household sensation.

2010- Generates unprecedented profits of P3.2 billion, almost double the net income recorded in 2009.
Changes its corporate name to ABS-CBN Corporation, dropping “Broadcasting” in response to the
changes in the media landscape.

Pioneers the use of the broadcast technology augmented reality, which combines computer-generated
imagery with live video in real time, in its “Halalan 2010” coverage.

The 10.10.10. Run for the Pasig River breaks the world record for the most participants in a footrace
with 116,086 runners.

2011- Launches the Choose Philippines travel website through the resources of the ABS-CBN Regional
Network Group.

Announces that it is set to build state-of-the-art soundstages and backlots that will enable the Kapamilya
network to meet its expansion plans and its growing needs to serve the viewing public.
DZMM marks its 25th anniversary with the yearlong “SilveRadyo” campaign.

2012- Launches the Jeepney TV archive channel on SKY, and the iWantv service and TFC.tv

Sky Cable Corporation acquires Destiny Cable, strengthening its hold as the number one cable TV service
provide in the Philippines.

“TV Patrol” celebrates its 25th anniversary.

Creates the ABS-CBN Philharmonic Orchestra, with First Philippine Holdings Corporation.

ABS-CBN President Charo Santos-Concio becomes CEO, while Eugenio Lopez III remains chairman of the
board.

ABS-CBN Convergence enters into a network sharing agreement with Globel Telecom to deliver mobile
service via ABS-CBNmobile.

Announces its new venture-- Kidzania theme park

Mounts the first ever Grand Kapamilya Weekend-- a historical two-day event majorly held at the QC
Circle, Marikina Sports Center and Smart Araneta Coliseum

Unites approximately 90,000 participants in the five-city advocacy run “One Run, One Philippines: Isang
Bayan Para sa Kalikasan”

Partners with one of the largest home shopping companies in the world-- the Korean-based CJ O
Shopping Corporation for O Shopping that began broadcasting on October 16.

2014- Receives the highest credit rating from Philippine Rating Services Corp. (PhilRatings) for its
proposed P10 billion bond issuance.

Launches ABS-CBN Sports+Action Channel 23, the newest free-to-air television channel that features
action-packed local and international sporting events.

Launches its new corporate logo using the Gotham font as its new corporate typeface.

Lists its P6 billion worth of retail bonds on the Philippine Dealing and Exchange Corp.

Inaugurates the ABS-CBN Lingkod Kapamilya’s Tulong Center.

Bags a Gold Stevie Award in the Company of the Year – Media & Entertainment category and the
People’s Choice Stevie Award for Favorite Company in the Media & Entertainment category at the 11th
Annual International Business Awards.

Wins a Grand Stevie Award and a Gold Stevie Award in the Services Company of the Year category for
the Philippines and a Gold Stevie Award in the Woman of the Year category for all Asia Pacific nations
(except Australia and South Korea) for its president and CEO Charo Santos-Concio at the Asia Pacific
Stevie Awards.
Kapisanan ng mga Brodkaster ng Pilipinas honors ABS-CBN chairman Eugenio Lopez III with the Lifetime
Achievement Award at the 22nd Golden Dove Awards.

Launches the ABS-CBN University-- a corporate university that provides practical business knowledge,
managerial competencies, and task-oriented education to Kapamilya employees.

2015- Antonio “March” S. Ventosa is appointed as Sky Cable Corporation chief operating officer.

Launches ABS-CBN HD, becoming the first free-to-air TV channel to broadcast in High Definition.

Launches its Multi-Channel Network called Chicken Pork Adobo.

Carlo L. Katigbak is appointed chief operating office of ABS-CBN.

Ushers in the digital television age in the Philippines with the launch of ABS-CBN TVplus.

2016- “Super Parental Guardians” surpasses “Beauty and the Bestie” in ticket sales worldwide to
become the top-grossing Filipino film as of 2016.

“The World Tonight” newscast celebrates its 50th anniversary.

Sales of TVplus boxes reach 2 million in November since the launch in February 2015.

SKY rolls out its One SKY product bundles, which integrate its cable TV, internet, and video-on-demand
services.

Holds its first Digital Trade Event where it launched an innovative digital marketing tool for advertisers.

Launches the ANC Leadership Series forum with business icon Richard Branson as speaker

Sky Cable Corporation rolls out its direct broadcast satellite television service under the brand SKYdirect.

The late Eugenio “Geny” Lopez Jr. is recognized with a posthumous award by the Philippine Cable
Television Association during its annual convention.

Malou Santos is appointed as chief operating officer of Star Creatives of ABS-CBN.

Ma. Soccoro “Cory” Vidanes is named chief operating officer of Broadcast of ABS-CBN.

Carlo L. Katigbak is named President and CEO of ABS-CBN.

2017-“ Dahil May Isang Ikaw” (Corazones Cruzados) airs in Colombia’s biggest free-to-air TV Network
Caracol.

Begins cinema operations of CityMall in Imus, Cavite.

Launches the ABS-CBN Regional Channel to reach the global Filipino audience in North America,
Oceania, Europe, Africa, Middle East, and the rest of Asia through cable, satellite, and digital platforms.
Launches the “Kapamilya, Thank You” customer loyalty program that offers rewards to Kapamilyas for
their patronage of ABS-CBN products and services.

SKY launches Star Cinema Pay-Per-View Channel, which will show fresh movie releases by Star Cinema
bundled with other Star Cinema hits.

Launches KTX (ktx.abs-cbn.com), an online booking portal granting easier access for Kapamilya shows,
events, and studio tours.

Launches Filipino language news website Patrol.PH.

2018- ABS-CBN News is lone PH website on world's top 25 Facebook publishers in December 2018.

Unveils sound stages on December 12 as part of 65th year of television celebrations.

ABS-CBN News' YouTube channel reaches 5 million subscribers.

Star Cinema's "The Hows Of Us" becomes highest-grossing Philippine film to date with gross earnings of
more than Php800 million.

Expands digital TV broadcast in Batangas via ABS-CBN TVplus on November 10.

Launches new streaming service "iWant" on November 17.

ABS-CBN TVplus launches five new channels: Asianovela Channel, Movie Central, MYX, Jeepney TV, and
O Shopping.

Makes it to the list of "Best Companies to Work for in Asia" given by HR Asia.

Wins international Gold Quill Award for outstanding TV studio audience experience.

Receives the YouTube Diamond Creator Award for being the first YouTube channel in the Philippines to
reach 10 million subscribers.

ABS-CBN News hits 3 billion views on YouTube.

Sales of TVplus boxes reach 5 million.

SKYdirect, the direct-to-home pay TV service of SKY, hits 500,000-subscriber mark.

ABS-CBN Corporation’s Board of Directors elects Eugenio “Gabby” Lopez III as chairman emeritus and
Martin “Mark” Lopez as chairman of the board.

Launches “Metro Channel,” the cable television counterpart of premium lifestyle brand, Metro Kidzania
Manila welcomes its one-millionth visitor.

Launches new cable sports channel LIGA on SKY to offer premium sports content to viewers.
Breaks box-office with the highest grossing Filipino film of all-time with “Gandarrapido: The Revenger
Squad” of Star Cinema earning Php 571 million.

2019- ABS-CBN Hits 20M subscribers on YouTube in August.

iWant signs the ASEAN Subscription Video-on-Demand Industry Content Code in August.

Star Cinema’s “Hello, Love, Goodbye” makes history as highest grossing PH film of all time in August.

ABS-CBN brings Japan’s technosport HADO to the Philippines in August.

ABS-CBN TVplus’ launches INFOplus, a public service feature to give real-time alerts on weather, traffic,
and disaster, in July.

ABS-CBN Tvplus sells 8M in July since its launch in 2015.

Launches TVplus Go, a digital broadcast mobile receiver in June.

Launches News Mobile App in June.

ABS-CBN TVplus' CineMo launches "TrabaHanap" job search website in May.

Forms joint venture with The Chosen Bun Inc. for food and beverage business in April.

Forms joint venture with IBayad Online Ventures for customer and merchant e-wallet / e-money
services in April.

Forms joint venture with Ever Bilena Cosmetics Inc. for manufacturing, production and sale of cosmetic

products in April.

Ventures in theater production via a 1 year, 3 production partnership with Ten Bridges Media Corp.
(Atlantis Theatrical) as part of experience business expansion beginning in March.

ABS-CBN TVplus sells 7M units in February since its launch in 2015.

ABS-CBN Books brand is launched in January.

Lopez Holdings Corporation (LPZ), formerly Benpres Holdings Corporation, was incorporated in 1993 by
the Lopez family to serve as the holding company for investments in major development sectors such as
broadcasting and cable; telecommunications; power generation and distribution; and banking. It added
to its portfolio, investments in other basic service sectors but has since sold its interest in banking, toll
roads, information technology, property development and health care delivery. Its current interests are
in power generation, especially in the development of clean, indigenous and/or renewable energy
sources and in multimedia communications, including broadcast, cable and telecom.

8 Lopez-owned companies are public

By The Manila Times https://www.manilatimes.net/2016/08/14/business/columnists-business/8-lopez-

owned-companies-are-public/279909/279909/

1. LOPEZ Holdings Corp. (LHC) has 4,600,798,964 outstanding common shares of which Lopez Inc. owns
2,430,603,242 common shares, or 52.83 percent. PCD Nominee holds 1,344,728,822 common shares, or
29.228 percent, for Filipinos and 612,217,388 common shares, or 13.31 percent, for foreigners.

López Holdings Corporation (formerly Benpres Holdings Corporation) is a Filipino conglomerate

founded by the brothers Eugenio López, Sr. and Fernando López, Sr.. It has substantial holdings in the
public service and utilities sector in the Philippines and serves as the López family's publicly listed
holding company for investments in major development sectors such as broadcasting and cable;
telecommunications; power generation and distribution; manufacturing; and property development.
It added to its portfolio investments in other basic service sectors but has also since sold its interest in
banking, toll roads, information technology, and health care delivery.

2. FIRST Philippine Holdings Corp. (FPHC) reported in a filing 553,943,031 outstanding common shares
and 3.6 billion outstanding preferred shares. As of March 15, its ownership profile showed Filipinos and
non-Filipinos owned 484,359,297 common shares, or 87.44 percent, and 69,583,734 common shares, or
12.56 percent.

The same filing as of March 15 listed Lopez Holdings as FPHC’s largest Filipino stockholders with
257,505,381 common shares, or 46.49 percent while PCD Nominee Corp. held 164,134,184 common
shares, or 29.6246 percent, for “various” Filipinos and 67,414,883 common shares, or 12.1677 percent,
for non-Filipinos.

First Philippine Holdings Corporation (FPH) was incorporated and registered with the Securities and
Exchange Commission on June 30, 1961. The Company's principal activities consist of investments in
real and personal properties including, but not limited to, shares of stocks, notes, securities and
entities in the power generation, real estate development, manufacturing and construction, financing
and other service industries.
FPH's operating businesses are organized and managed separately according to the nature of the
products and services, with each segment representing a strategic business unit that offers different
products and serves different markets. The Company's major business segments are in power
generation, real estate development, manufacturing, and construction and other services. FPH's other
activities consist of pipeline service, construction, drilling and sale of merchandise.

3. FIRST Gen Corp (FGen). has 3,660,943,557 outstanding common shares of which FPHC owns
2,424,990,159 shares, or 66.24 percent. PCD Nominee holds 1,189,104,472 common shares for the
public of which 817,935,924, or 22.34 percent, and 371,168,548, or 10.14 percent, are owned by
Filipinos and foreigners, respectively. In addition, Deutsche Bank-Manila holds 204,526,741 common
shares, or 5.59 percent, for foreigners.

FPHC also owns all of FGen’s voting preferred shares totaling 1,468,553,892 while limiting the Filipino
public investor to the ownership of 61.654 million non-voting preferred shares, or 31.24 percent. In a
footnote to this ownership profile, FGen said 61.654 million non-voting preferred shares are “inclusive
of 16,754,930 shares of FPH.”

FGen has a total of 5,129,497,449 outstanding voting shares divided into 3,660,943,557 common shares
and 1,468,553,892 voting preferred shares. Of the total, First Holdings controls 3,893,544,051 voting
shares, or 75.905 percent.

First Gen was incorporated on December 22, 1998 as a subsidiary of First Philippine Holdings
Corporation (FPH), one of the oldest and largest conglomerates in the Philippines, that has interests in
power generation, power distribution, infrastructure, manufacturing, and property development.

4. ENERGY Development Corp. has authorized capital stock of 27 billion common shares with P1 par
value; 15 billion voting preferred shares with P0.01 par value, and 300 million non-voting preferred
shares with P10 par value. Of this capital stock, 18.745 billion common shares, and 9.375 billion voting
preferred shares are outstanding.

Energy Development Corporation is a global geothermal energy industry pioneer and the recognized
world leader in wet steam field technology. EDC is the Philippines’ largest vertically-integrated
geothermal developer, delivering 1,457.8MW of clean and renewable energy to the country.

6. Rockwell Land Corp.’s outstanding capital stock of 8,866,762,198 voting shares are divided into
6,116,762,198 common shares with P1 par value and 2.75 billion voting preferred shares. Of this voting
stock, FPHC holds 5,296,015,375 common shares, or 59.73 percent, and 2.75 billion voting preferred
shares, or 100 percent. PCD Nominee holds 563,361,512 common shares, or 9.21 percent, for Filipinos,
and 91,613,870 common shares, or 1.49 percent, for foreigners.

Of Rockwell’s 8,866,762,198 voting shares, FPHC holds 8,046,015,375 shares, or 90.744 percent. In its
public ownership report, Rockwell listed FPHC as owner of 5,296,015,375 common shares, or 86.58
percent, leaving the public with 782,184,818 common shares, or 12.79 percent. Company insiders hold
38,562,005 common shares, or 0.63 percent. (Note. When added, the percentages exceed 100 percent
because of rounding of numbers.

The Rockwell Land story began in 1995 with the transformation of an unused thermal power plant
into a thriving, self-sustained community. Now known as the Rockwell Center, this flagship
development was the first of several exceptional communities, which serve as the benchmark for
living, leisure and business.

As a member of the Lopez Group of Companies, Rockwell Land continues to raise the standard for
living spaces by creating a community that seamlessly blends residences, work spaces and lifestyle
hubs. All of these are made with the Rockwell signature of innovation, exclusivity and unparalleled
quality.

7. ABS-CBN Corp. has 872,123,642 outstanding common shares and 1 billion outstanding voting
preferred shares for total voting stock of 1,872,123,642 shares. Of the common shares, Lopez Inc. and
ABS-CBN Holdings Corp. hold 480,933,747 shares, or 55.15 percent of common and 25.6 percent of total
voting shares while 373,017,369 common shares, or 42.77 percent of common shares and 19.92 percent
of total voting shares. The former also holds 987,130,246 preferred shares, or 98.73 percent.

In an ownership filing, PCD Nominee, according to ABS-CBN, holds 373,017,369 common shares, which
“represent shares covered by Philippine Deposit Receipts issued by ABS-CBN Holdings.”

ABS-CBN Corporation (ABS) is a media and entertainment organization in the Philippines. The
Company is primarily involved in television and radio broadcasting as well as in the production of
television and radio programming for domestic and international audiences and other related
businesses.

ABS produces a variety of entertainment programs in multiple genres and news programs that are
aired on free-to-air television. The Company is also a radio broadcaster, operating 19 radio stations
throughout the key cities of the Philippines. ABS provides news and entertainment programming for
nine channels on cable TV. The Company also owns cinema and music production and distribution
outfits in the country and brings its content to worldwide audiences via cable, satellite, online, and
mobile.

8. ABS-CBN Holdings Corp. has 400 outstanding shares of which 200 shares, or 50 percent, are owned by
Lopez Inc. Oscar M. Lopez, Manuel M. Lopez, Presentacion L. Psinakis, and Eugenio Lopez 3rd own 40
shares each, or 10 percent each.

ABS-CBN Holdings Corporation was incorporated in the Philippines on March 30, 1999 as Worldtech
Holdings Corporation, for the primary purpose of investing, purchasing and holding real and personal
properties, including but not limited to, shares of stock, bonds, debentures, notes, evidences of
indebtedness or other securities or obligations. On September 16, 1999, the Securities and Exchange
Commission approved the change in the Company’s corporate name to ABS-CBN Holdings Corporation
(the Company).
The Company has not conducted any business other than in connection with the issuance of PDRs, the
performance of obligations under the PDRs and the acquisition and holding of shares of ABS-CBN
Broadcasting Corporation (ABS-CBN) in respect of PDRs issued.

http://lopez-holdings.ph/portfolio

Lopez Holdings Corporation (formerly Benpres Holdings Corporation) was incorporated in 1993 by the
Lopez family of the Philippines to serve as the holding company for investments in major development
sectors such as power generation and distribution, broadcasting and cable ; telecommunications, and
banking. It added to its portfolio, investments in other basic service sectors but has since sold its direct
interest in banking, toll roads, information technology, property development , cable and health care
delivery.

9. Sky Cable Corporation (controlled by ABS-CBN Corporation ): The largest cable operator and pioneer
of high definition television in the country, offering value added broadband internet and voice over
internet protocol.

SKY Cable Corporation is the pay television and broadband arm of ABS-CBN, the Philippines’ leading
media and entertainment company.

Since introducing cable television to Filipinos in 1990, it has become a frontrunner in pay TV and
broadband services that offer rich content that entertain, educate, inspire, and offer experiences to
Filipinos, whom it considers as its Kapamilyas.

Today, it serves Filipinos through various products under SKYdirect, SKY Fiber, and SKYcable.

SKYcable is a Pay TV service offering HD cable TV with top-notch programming and the widest
selection of channels on offer by any cable provider; and SKY Fiber, a high-speed broadband for the
home and beyond.

SKYdirect, now in over one million homes nationwide, brings SKY’s superior brand of cable
entertainment options to more areas, beyond the urban centers via direct-to-home television
technology.

First Philec Corporation and subsidiaries are First Philex Nexolon Corporation and First Philec Solar
Corporation controlled by First Philippine Holdings Corporation ) : The intermediate holding company
for lean manufacturing that includes in its portfolio the country’s pioneer in transformer manufacturing.

First Philec Inc. is a pioneer and the leader in transformer solutions in the Philippines. It has been the
preferred solutions provider to the country’s power utilities, commercial and industrial businesses for
more than 45 years. The company is also the largest manufacturer of amorphous transformers in
Southeast Asia. Like every company under First Philippine Holdings, we are powered by good.