CR05599-2019

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporatedisclosures, 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 tothe Corporate Information Officer of the disclosing party.

Petron CorporationPCOR

PSE Disclosure Form 17-7 - Statement of Changes in Beneficial Ownership of Securities

References: SRC Rule 23 and Section 17.5 of the Revised Disclosure Rules

Name of ReportingPerson Mary Ann M. Neri

Relationship ofReporting Person toIssuer

Assistant Vice President - Marketing

Description of the Disclosure

Please see attached letter dated August 31, 2019, together with the advisement letter and the SEC Form 23-B of Ms.Mary Ann M. Neri who has resigned as Assistant Vice President - Marketing of the Company effective August 31, 2019,as filed with the Securities and Exchange Commission on September 5, 2019.

Filed on behalf by:

Name Jhoanna Jasmine Javier-Elacio

Designation Legal Manager and Assistant Corporate Secretary

September 5, 2019 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 6th Floor, PSE Tower 28th Street corner 5th Avenue BGC, Taguig City

Attention: Ms. Janet A. Encarnacion Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 29th Floor, BDO Equitable Tower 8751 Paseo de Roxas Makati City 1226 Attention: Atty. Joseph B. Evangelista Head - Issuer Compliance and Disclosure Department

Gentlemen:

Please find attached advisement letter and Statement of Changes in Beneficial Ownership of Securities (SEC Form 23-B) of Ms. Mary Ann M. Neri who has resigned as Assistant Vice President – Marketing of the Company effective August 31, 2019, which we filed with the Securities and Exchange Commission today.

Very truly yours,

JOEL ANGELO C. CRUZ VP - General Counsel & Corporate Secretary

3 1 1 7 1

P E T R O N

C O R P O R A T I O N

S M C H E A D O F F I C E C O M P L E X 4 0 S A N

M I G U E L A V E. M A N D A L U Y O N G C I T Y

1 2 3 1 0 5 2 1

Dept. Requiring this Doc.

Total No. of Stockholders

Remarks = pls. use black ink for scanning purposes

C O V E R S H E E T

S. E. C. Registration Number

(Company's Full Name)

( Business Adress: No. Street City / Town / Province )

ATTY. JOEL ANGELO C. CRUZ 886-3888Contact Person Company Telephone Number

Month Day FORM TYPE Month Day

LETTER

Amended Articles Number/Section

Total Amount of Debt Outstanding: P279,754 Million (as of June 30, 2019-CONSO)

Fiscal Year Annual Meeting

Secondary License Type, if Applicable

N/A

(for 2019)

145,568 (as of June 30, 2019)

Certificates of Permit to Offer Securities for Sale dated 1994, 1995, 1996, 2010, 2014, 2016, 2018 and 2019

Document I. D. Cashier

S T A M P S

Domestic Foreign

To be accomplished by SEC Personnel concerned

Fiscal Numer LCU