East West Banking Corporation (PSE: EW) (“EastWest” or the “Bank”) announced the final terms of its stock rights offering (SRO) of up to 833,333,333 common shares (the “Rights Shares”), at ₱10.80 per share. The offering is expected to raise gross proceeds of up to ₱9.0 billion.

Eligible shareholders as of the record date of November 19, 2026 will be entitled to subscribe to one (1) Rights Share for every 2.70 common shares held as of record date.

The ex-rights date is November 18, 2026. The offer period will begin at 9:00 a.m. on November 23, 2026, and end at 12:00 noon on November 27, 2026, Manila time. The Rights Shares are expected to be listed on the PSE on December 7, 2026.

The Bank’s principal shareholders, Filinvest Development Corporation (“FDC”) and FDC Ventures, Inc. (“FVI”) have each undertaken to subscribe in full to their respective entitlements. The FDC group has further undertaken, through a wholly owned subsidiary, to take up any Rights Shares that remain unsubscribed after the Institutional Offer, subject to the terms of the offering.

Proceeds from the offering will be used to support the Bank’s strategic growth objectives and future expansion plans, including the scaling up of its wealth and priority banking propositions, investing in transformative digital technologies, and funding loan growth across key retail and business segments. The proceeds may also be used for the Bank’s general corporate purposes and financing requirements.

"We want to be the bank that serves our customers at every stage of their financial journey, from everyday banking to their first investment and lasting legacy," said Jerry G. Ngo, Chief Executive Officer of EastWest. "This capital allows us to keep building a consumer, wealth and digital franchise that stays on its growth path."

AB Capital & Investment Corporation is the Issue Manager and Sole Underwriter. Stock Transfer Service, Inc. is the Stock Transfer Agent and Receiving Agent.

The Rights Shares are being offered in reliance on applicable exemptions from registration under Section 10 of the Securities Regulation Code and have not been registered with the Securities and Exchange Commission. Eligible shareholders are advised to refer to the Bank’s Prospectus and the Procedures and Implementing Guidelines for the Stock Rights Offering, available at www.eastwestbanker.com, for the full terms of the SRO.