25 Selected Performance Indicators                          
                             
                             
  Universal Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 2.10 2.30 2.25 2.18 2.06 2.03 2.05 2.02 1.96 1.90 1.89 1.69  
  Past Due Loans 94,688,143.85 103,743,021.56 103,721,136.86 100,799,322.16 95,506,781.20 95,958,802.61 96,267,164.06 96,902,281.12 94,236,977.18 93,489,266.68 94,486,972.59 89,140,062.76  
  Total Loan Portfolio (TLP), gross  4,510,042,247.99 4,509,806,599.99 4,603,186,772.08 4,627,857,603.66 4,639,074,477.48 4,726,627,830.02 4,705,966,674.86 4,790,473,656.79 4,816,694,677.12 4,917,817,197.36 5,000,229,119.39 5,266,690,774.41  
  RL to TLP 0.57 0.55 0.55 0.55 0.54 0.53 0.53 0.49 0.52 0.50 0.48 0.46  
  Restructured Loans (RL), gross 25,842,624.73 25,023,859.78 25,493,205.53 25,267,557.08 25,065,613.27 25,064,273.92 24,972,061.44 23,325,066.02 24,911,376.70 24,791,711.90 24,042,953.71 24,367,280.59  
  TLP, gross  4,510,042,247.99 4,509,806,599.99 4,603,186,772.08 4,627,857,603.66 4,639,074,477.48 4,726,627,830.02 4,705,966,674.86 4,790,473,656.79 4,816,694,677.12 4,917,817,197.36 5,000,229,119.39 5,266,690,774.41  
  Loan Loss Reserves (LLR) to TLP 2.60 2.63 2.58 2.58 2.60 2.54 2.57 2.54 2.45 2.41 2.37 2.17  
  Allowance for Credit Losses (ACL) - TLP 117,102,491.68 118,518,365.25 118,534,044.24 119,242,739.35 120,663,431.42 120,217,541.71 120,965,404.98 121,880,083.51 118,075,858.74 118,426,285.07 118,618,844.36 114,477,095.18  
  TLP, gross  4,510,042,247.99 4,509,806,599.99 4,603,186,772.08 4,627,857,603.66 4,639,074,477.48 4,726,627,830.02 4,705,966,674.86 4,790,473,656.79 4,816,694,677.12 4,917,817,197.36 5,000,229,119.39 5,266,690,774.41  
  Gross NPL Ratio 1.89 1.88 1.88 1.89 1.84 1.80 1.86 1.82 1.78 1.73 1.71 1.55  
  Gross Non-Performing Loans (NPL) 85,070,280.91 84,851,450.88 86,705,977.20 87,643,924.02 85,402,460.60 84,855,207.02 87,725,098.12 87,347,528.25 85,834,249.88 85,104,472.28 85,568,086.25 81,779,405.68  
  TLP, gross  4,510,042,247.99 4,509,806,599.99 4,603,186,772.08 4,627,857,603.66 4,639,074,477.48 4,726,627,830.02 4,705,966,674.86 4,790,473,656.79 4,816,694,677.12 4,917,817,197.36 5,000,229,119.39 5,266,690,774.41  
  Gross NPL Ratio, net of IBL 1.94 1.93 1.93 1.94 1.87 1.83 1.90 1.86 1.82 1.77 1.75 1.60  
  Gross NPL, net of NP IBL 84,376,136.76 84,156,982.58 86,036,028.09 87,000,948.26 84,776,114.74 84,229,764.44 87,099,453.77 86,722,674.72 85,208,695.91 84,479,167.50 84,942,539.74 81,181,745.69  
  (1) Gross NPL 85,070,280.91 84,851,450.88 86,705,977.20 87,643,924.02 85,402,460.60 84,855,207.02 87,725,098.12 87,347,528.25 85,834,249.88 85,104,472.28 85,568,086.25 81,779,405.68  
  (2) Non-performing IBL 694,144.15 694,468.30 669,949.11 642,975.77 626,345.85 625,442.57 625,644.36 624,853.53 625,553.97 625,304.77 625,546.51 597,659.98  
  TLP, gross net of IBL 4,356,197,790.97 4,352,063,558.44 4,459,088,417.89 4,495,739,564.16 4,527,408,525.07 4,593,797,448.37 4,578,997,941.59 4,652,434,893.25 4,687,631,528.06 4,769,906,368.18 4,854,788,300.51 5,086,876,126.19  
  (1) TLP, gross 4,510,042,247.99 4,509,806,599.99 4,603,186,772.08 4,627,857,603.66 4,639,074,477.48 4,726,627,830.02 4,705,966,674.86 4,790,473,656.79 4,816,694,677.12 4,917,817,197.36 5,000,229,119.39 5,266,690,774.41  
  (2) Interbank Loans Receivables (IBL) 153,844,457.02 157,743,041.55 144,098,354.19 132,118,039.49 111,665,952.41 132,830,381.65 126,968,733.27 138,038,763.54 129,063,149.06 147,910,829.19 145,440,818.87 179,814,648.23  
  Net NPL Ratio 0.40 0.36 0.40 0.40 0.34 0.33 0.38 0.35 0.37 0.36 0.37 0.38  
  NPL, net of Specific ACL 17,859,568.23 16,214,332.88 18,365,854.84 18,625,166.53 15,804,008.80 15,617,725.68 17,654,679.73 16,819,701.24 17,865,862.72 17,573,836.87 18,678,412.90 20,064,787.13  
  (1) Gross NPL 85,070,280.91 84,851,450.88 86,705,977.20 87,643,924.02 85,402,460.60 84,855,207.02 87,725,098.12 87,347,528.25 85,834,249.88 85,104,472.28 85,568,086.25 81,779,405.68  
  (2) Specific ACL 67,210,712.68 68,637,118.00 68,340,122.36 69,018,757.49 69,598,451.80 69,237,481.34 70,070,418.39 70,527,827.00 67,968,387.16 67,530,635.41 66,889,673.35 61,714,618.55  
  TLP, gross  4,510,042,247.99 4,509,806,599.99 4,603,186,772.08 4,627,857,603.66 4,639,074,477.48 4,726,627,830.02 4,705,966,674.86 4,790,473,656.79 4,816,694,677.12 4,917,817,197.36 5,000,229,119.39 5,266,690,774.41  
  NPL Coverage Ratio 137.65 139.68 136.71 136.05 141.29 141.67 137.89 139.53 137.56 139.15 138.63 139.98  
  ACL - TLP 117,102,491.68 118,518,365.25 118,534,044.24 119,242,739.35 120,663,431.42 120,217,541.71 120,965,404.98 121,880,083.51 118,075,858.74 118,426,285.07 118,618,844.36 114,477,095.18  
  Gross NPL 85,070,280.91 84,851,450.88 86,705,977.20 87,643,924.02 85,402,460.60 84,855,207.02 87,725,098.12 87,347,528.25 85,834,249.88 85,104,472.28 85,568,086.25 81,779,405.68  
  NPA to Gross Assets  1.88 1.87 1.84 1.86 1.80 1.76 1.77 1.72 1.68 1.66 1.65 1.54  
  Non-Performing Assets (NPA) 168,285,791.04 167,786,287.28 169,053,090.48 169,351,188.34 165,343,911.46 164,361,525.91 166,588,969.87 162,860,834.91 160,550,705.58 159,300,196.01 159,996,127.46 155,408,576.60  
  (1) Gross NPL 85,070,280.91 84,851,450.88 86,705,977.20 87,643,924.02 85,402,460.60 84,855,207.02 87,725,098.12 87,347,528.25 85,834,249.88 85,104,472.28 85,568,086.25 81,779,405.68  
  (2) ROPA, gross 83,215,510.13 82,934,836.40 82,347,113.27 81,707,264.31 79,941,450.86 79,506,318.89 78,863,871.75 75,513,306.67 74,716,455.70 74,195,723.73 74,428,041.21 73,629,170.92  
  (a) Real and Other Properties Acquired (ROPA) 77,090,105.44 76,877,442.65 76,227,354.63 75,502,738.86 73,557,794.07 73,045,338.45 72,398,405.51 69,062,485.17 68,781,010.71 68,327,372.47 68,586,037.04 67,619,862.16  
  (b) Non-Current Assets Held for Sale 1,891,844.28 1,675,362.78 1,645,121.92 1,567,258.85 2,090,483.72 2,084,878.65 2,036,274.63 2,013,354.23 1,663,923.68 1,643,236.94 1,652,635.54 1,547,868.43  
  (c) Non-Performing Sales Contract Receivables (SCR) 4,233,560.41 4,382,030.97 4,474,636.72 4,637,266.61 4,293,173.07 4,376,101.80 4,429,191.61 4,437,467.26 4,271,521.31 4,225,114.31 4,189,368.63 4,461,440.32  
  Gross Assets 8,951,903,256.17 8,972,842,725.66 9,195,506,336.40 9,103,305,979.38 9,164,230,347.43 9,355,595,283.17 9,402,062,118.17 9,479,838,217.36 9,581,131,105.01 9,608,792,210.09 9,717,469,894.55 10,085,124,096.91  
  (1) Total Assets 8,805,865,098.02 8,828,482,120.08 9,051,224,386.39 8,958,430,343.94 9,017,925,401.17 9,210,090,078.58 9,255,952,505.00 9,334,151,767.24 9,439,120,169.10 9,466,686,280.57 9,574,894,845.16 9,946,850,100.25  
  (2) Allowance on NPA 146,038,158.15 144,360,605.58 144,281,950.01 144,875,635.44 146,304,946.27 145,505,204.58 146,109,613.17 145,686,450.12 142,010,935.92 142,105,929.52 142,575,049.40 138,273,996.66  
  NPA Coverage Ratio 86.78 86.04 85.35 85.55 88.49 88.53 87.71 89.45 88.45 89.21 89.11 88.97  
  Allowance on NPA 146,038,158.15 144,360,605.58 144,281,950.01 144,875,635.44 146,304,946.27 145,505,204.58 146,109,613.17 145,686,450.12 142,010,935.92 142,105,929.52 142,575,049.40 138,273,996.66  
  NPA 168,285,791.04 167,786,287.28 169,053,090.48 169,351,188.34 165,343,911.46 164,361,525.91 166,588,969.87 162,860,834.91 160,550,705.58 159,300,196.01 159,996,127.46 155,408,576.60  
  Distressed Assets Ratio 3.99 3.95 3.90 3.87 3.78 3.69 3.75 3.60 3.55 3.45 3.39 3.14  
  Distressed Assets 183,360,539.39 181,746,950.32 182,821,523.91 182,643,198.75 178,781,943.85 177,800,569.78 179,685,832.39 175,501,215.47 173,772,577.77 172,415,956.20 172,155,393.61 167,936,356.36  
  NPA 168,285,791.04 167,786,287.28 169,053,090.48 169,351,188.34 165,343,911.46 164,361,525.91 166,588,969.87 162,860,834.91 160,550,705.58 159,300,196.01 159,996,127.46 155,408,576.60  
  RL, Performing 15,074,748.35 13,960,663.05 13,768,433.43 13,292,010.42 13,438,032.39 13,439,043.87 13,096,862.52 12,640,380.55 13,221,872.19 13,115,760.19 12,159,266.15 12,527,779.76  
  TLP, gross  4,510,042,247.99 4,509,806,599.99 4,603,186,772.08 4,627,857,603.66 4,639,074,477.48 4,726,627,830.02 4,705,966,674.86 4,790,473,656.79 4,816,694,677.12 4,917,817,197.36 5,000,229,119.39 5,266,690,774.41  
  Total ROPA 88,663,878.41 88,589,749.40 88,323,476.71 88,032,939.67 86,229,630.09 85,618,583.93 84,801,980.83 81,326,804.13 80,717,842.67 80,230,252.18 80,393,459.02 79,857,529.11  
  (1) ROPA, gross 83,215,510.13 82,934,836.40 82,347,113.27 81,707,264.31 79,941,450.86 79,506,318.89 78,863,871.75 75,513,306.67 74,716,455.70 74,195,723.73 74,428,041.21 73,629,170.92  
  (2) Performing SCR 5,448,368.27 5,654,913.00 5,976,363.43 6,325,675.36 6,288,179.23 6,112,265.04 5,938,109.08 5,813,497.46 6,001,386.97 6,034,528.45 5,965,417.82 6,228,358.20  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 27.00 27.25 27.89 25.89 25.87 26.84 26.96 25.86 26.40 25.76 25.51 25.88  
  Cash and Due from Banks   1,840,725,134.83 1,856,947,625.32 1,954,904,450.51 1,790,871,140.34 1,798,698,976.44 1,906,655,724.77 1,914,511,614.72 1,854,265,872.61 1,908,884,717.71 1,866,582,963.88 1,868,915,713.34 1,977,589,277.10  
  Deposits 6,816,382,574.93 6,813,322,128.18 7,009,626,466.87 6,916,547,731.62 6,952,695,506.31 7,104,574,056.35 7,101,575,735.95 7,171,023,594.55 7,229,878,283.85 7,245,720,611.53 7,325,934,253.15 7,641,862,592.27  
  (2) Liquid Assets to Deposits Ratio 55.84 56.14 56.25 55.24 55.81 56.07 56.78 56.21 56.65 55.60 55.12 54.35  
  Liquid Assets, sum of: 3,805,989,579.35 3,824,662,930.41 3,942,674,463.52 3,820,817,307.16 3,880,319,112.98 3,983,480,097.92 4,032,443,157.42 4,031,012,446.93 4,095,752,295.79 4,028,408,694.20 4,038,364,368.50 4,153,317,330.28  
  (1) Cash and Due from Banks 1,840,725,134.83 1,856,947,625.32 1,954,904,450.51 1,790,871,140.34 1,798,698,976.44 1,906,655,724.77 1,914,511,614.72 1,854,265,872.61 1,908,884,717.71 1,866,582,963.88 1,868,915,713.34 1,977,589,277.10  
  (2) Financial Assets, net (excl. equity investments) 1,965,264,444.52 1,967,715,305.10 1,987,770,013.01 2,029,946,166.81 2,081,620,136.54 2,076,824,373.15 2,117,931,542.70 2,176,746,574.32 2,186,867,578.09 2,161,825,730.32 2,169,448,655.16 2,175,728,053.18  
  Deposits 6,816,382,574.93 6,813,322,128.18 7,009,626,466.87 6,916,547,731.62 6,952,695,506.31 7,104,574,056.35 7,101,575,735.95 7,171,023,594.55 7,229,878,283.85 7,245,720,611.53 7,325,934,253.15 7,641,862,592.27  
  (3) Loans (gross) to Deposits 66.16 66.19 65.67 66.91 66.72 66.53 66.27 66.80 66.62 67.87 68.25 68.92  
  Loans (gross) 4,510,042,247.99 4,509,806,599.99 4,603,186,772.08 4,627,857,603.66 4,639,074,477.48 4,726,627,830.02 4,705,966,674.86 4,790,473,656.79 4,816,694,677.12 4,917,817,197.36 5,000,229,119.39 5,266,690,774.41  
  Deposits 6,816,382,574.93 6,813,322,128.18 7,009,626,466.87 6,916,547,731.62 6,952,695,506.31 7,104,574,056.35 7,101,575,735.95 7,171,023,594.55 7,229,878,283.85 7,245,720,611.53 7,325,934,253.15 7,641,862,592.27  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.38 1.37 1.31 1.21  
  Annualized Net Profit or Loss  119,035,573.76 120,634,146.98 117,680,363.60 115,262,833.33  
  Average Assets 8,644,087,612.61 8,789,109,653.96 8,951,714,595.43 9,546,139,147.48  
  Total Assets (last year) 8,236,950,838.83 8,368,129,229.33 8,464,309,021.77 9,145,428,194.71  
  Total Assets (current year) 9,051,224,386.39 9,210,090,078.58 9,439,120,169.10 9,946,850,100.25  
  (2) Return on Equity (ROE) 11.97 11.64 11.13 10.64  
  Annualized Net Profit or Loss  119,035,573.76 120,634,146.98 117,680,363.60 115,262,833.33  
  Average Capital 994,861,604.13 1,036,641,282.87 1,057,772,703.51 1,082,800,793.97  
  Total Capital (last year) 917,118,004.57 943,011,527.30 974,258,350.93 1,058,708,019.31  
  Total Capital (current year) 1,072,605,203.69 1,130,271,038.45 1,141,287,056.10 1,106,893,568.64  
  (3) Earning Asset Yield 3.82 3.84 3.90 3.79  
  Annualized Interest Income 303,777,508.35 311,805,261.68 321,885,922.79 332,114,756.45  
  Average Earning Assets 7,946,644,353.89 8,118,549,925.16 8,261,266,617.90 8,768,454,393.31  
  Earning Assets (last year) 7,580,908,519.03 7,717,004,556.56 7,800,198,699.02 8,360,001,311.73  
  Earning Assets (current year) 8,312,380,188.76 8,520,095,293.76 8,722,334,536.79 9,176,907,474.89  
  (4) Funding Cost 0.93 0.96 0.99 0.96  
  Annualized Interest Expense 66,946,119.21 70,547,045.75 74,080,779.83 77,180,136.29  
  Average Interest Bearing Liabilities 7,225,517,432.55 7,342,467,836.10 7,492,642,254.33 8,059,163,644.79  
  Interest Bearing Liabilities (last year) 6,871,265,859.83 6,994,670,091.05 7,095,041,601.18 7,687,007,681.20  
  Interest Bearing Liabilities (current year) 7,579,769,005.27 7,690,265,581.14 7,890,242,907.48 8,431,319,608.38  
  (5) Interest Spread 2.90 2.88 2.91 2.83  
  (3) Earning Asset Yield 3.82 3.84 3.90 3.79  
  (4) Funding Cost 0.93 0.96 0.99 0.96  
  (6) Net Interest Margin 2.98 2.97 3.00 2.91  
  Annualized Net Interest Income 236,842,083.42 241,217,973.71 247,810,753.76 254,916,995.98  
  Average Earning Assets 7,946,644,353.89 8,118,549,925.16 8,261,266,617.90 8,768,454,393.31  
  (7) Cost to Income Ratio 59.77 59.86 60.71 62.78  
  Annualized Non-Interest Expenses 213,268,646.98 215,854,411.17 218,047,042.14 221,793,026.76  
  Annualized Total Operating Income 356,807,766.41 360,623,465.91 359,150,751.47 353,264,675.71  
  (8) Net Interest Income to Total Operating Income 66.38 66.89 69.00 72.16  
  Annualized Net Interest Income  236,842,083.42 241,217,973.71 247,810,753.76 254,916,995.98  
  Annualized Total Operating Income 356,807,766.41 360,623,465.91 359,150,751.47 353,264,675.71  
  (9) Non-interest Income to Total Operating Income 33.62 33.11 31.00 27.84  
  Annualized Non-Interest Income 119,965,682.99 119,405,492.20 111,339,997.70 98,347,679.73  
  Annualized Total Operating Income 356,807,766.41 360,623,465.91 359,150,751.47 353,264,675.71  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 14.78 15.18 15.00 14.27  
  Capital Adequacy Ratio - Conso 15.98 16.28 16.01 15.32  
  Total Capital Accounts to Total Assets 12.29 12.29 11.85 12.57 12.59 12.27 12.39 12.27 12.09 12.35 12.10 11.13