PHILEX MINING CORPORATION List of Top 100 Stockholders As of December 31, 2017

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1 PHILEX MINING CORPORATION List of Top 100 Stockholders As of December 31, 2017 Count Name Holdings 1 ASIA LINK B.V. 1,023,275,990 2 SOCIAL SECURITY SYSTEM 992,679,729 3 PCD NOMINEE CORPORATION FILIPINO 841,879,778 4 TWO RIVERS PACIFIC CORP. 738,871,510 5 KIRTMAN LIMITED 242,011,062 6 MAXELLA LIMITED 239,479,900 7 PCD NOMINEE CORPORATION NON FILIPINO 189,364,596 8 ARTINO LIMITED 37,822,400 9 THE FIRST NATIONAL INVESTMENT CO., INC. 12,195, MAKATI SUPERMARKET CORP. 8,353, ESTATE OF EUDALDO BOIX 5,025, PHILIPPINE REMNANTS CO. INC. 4,875, PANGILINAN MANUEL V. 4,655, PAO FRANK 3,639, ESTATE OF EUDALDO BOIX & PETRA HERNANDO 3,093, PAULINO DE UGARTE &/OR ELENA E. DE UGARTE 3,068, REIF CAROL JOAN 2,974, PETTYFER ROBIN JOHN 2,644, ESTATE OF JOSE TAN YAN DOO 2,569, SY VICTOR G. 2,437, LUCIO W. YAN &/OR CLARA YAN 2,437, SKYSIDE DEVELOPMENT CORP. 2,355, ACK CONSTRUCTION INC. 2,339, HANG SENG (NOMINEE) LTD 2,323, PHILIPPINE REMNANTS CO. INC. 2,283, CABATU ANTONIO 2,205, SUNTAY REMEDIOS 1,923, ALPHA SHELTER CORPORATION 1,893, FRANCISCO RODOLFO A. 1,719, LEE AURORA 1,672, MERCURY GROUP OF COMPANIES INC. 1,635, HONGKONG & SHANGHAI BANKING 1,561, TORTORICI EDWARD A. 1,485, DE ELIZALDE MARI CARMEN ROXAS 1,457, EL-MAVIC INVESTMENT & DEVELOPMENT CORP. 1,419, AUSTIN JR. EULALIO B. 1,360, CHING TIONG KENG 1,346, ESTATE OF LUDWIG JESSELSON 1,296, V & O CO. INC. 1,270, ROSKO ABIGAN OR HERMAN OR JASON GO ABIGAN 1,250, V & O CO. INC. 1,242, M S WIEN & CO 1,237,739

2 43 LEUNG HING LAU 1,228, M E HOLDING CORPORATION 1,193, CHUA ANASTACIA 1,188, CHING CYNTHIA D. 1,186, MERRILL LYNCH PIERCE FENNER & SMITH INC. 1,154, AURORA LAND PROJECTS 1,146, U. N. I. DEVELOPMENT CORP 1,145, CHEN CUA MARK 1,119, ROMAN CATHOLIC ARCHBISHOP OF ZAMBOANGA 1,116, MODEST INVESTMENT CO LTD 1,111, ASUNCION LOPEZ GONZALEZ / LOPEZ REALTY 1,099, LIM PHILIP S. 1,096, LEHMAN RICHARD J. 1,044, CUA BENITO S. 1,040, ESTATE OF MARIA BOIX TERRADELLAS 1,037, HUANG KATHERINE 1,036, THE PHILIPPINE AMERICAN INVESTMENTS CORPORATION 1,023, LAO ELENA T. 1,011, CHEN CUA CELESTE 996, CHEN CUA CHARLOTTE 996, CHEN CUA GENEVIEVE 996, CHEN CUA MILLICENT 996, CHUANG LIPTON 982, CHUA MARIANO 976, WEEKLEY C. A. 969, LEUNG SIU HONG 964, LEJANO CONSTRUCTION INC. 943, ESTATE OF DY SUY GUAN 939, C.S.P. DEVELOPMENT ENTERPRISES & CO. INC 923, VELASCO ALICE 877, ESTATE OF ESTEBAN BOIX TERRADELLAS 868, RICO FINANCE & CREDIT CORP 861, JOHNNY LATTANZIO & JUNE LATTANZIO JT TEN 851, JOHNNY LATTANZIO & JUNE LATTANZIO TEN COM 846, BEAR STEARNS & CO. 839, CALCAP 826, ISLAND METAL MANUFACTURING CORP. 819, ESTATE OF CHAN KIM FOR 813, JUANITO CHAN &/OR SUSANA CHAN 795, JANNEY MONTGOMERY SCOTT LLC 791, TAN MIGUEL 784, TUGBANG RAMON R. 768, DENTRADE INC. 762, LAO PHOEBE 755, LI FOOK SHIU 752, LIM JUAN D. 751, FRANK CONSALVO & JEANNETTE CONSALVO JTWROS 743, PREMIUM SECURIITES INC. A/C # , DOMINION DEV. & INVESTMENT. INC. 729, TEAH KIM 724,078

3 93 CEDE & COMPANY 723, ERNESTO OPPEN INC. 701, ESTATE OF SON KENG PO 698, ALBERT F. DEL ROSARIO &/OR MARGARET GRETCHEN V.D.R 675, ESTATE OF PATRICK CHU 668, TANSENGCO & COMPANY INC. 668, QUALITY INVESTMENTS & SECURITIES CORP. 667, ESTATE OF ROSA BOIX TERRADELLAS 660,728 Total Top 100 Shareholders: 4,451,458,118 Total Outstanding Shares: 4,940,399,068 Certified by: STOCK TRANSFER SERVICE, INC. Transfer Agent RICHARD D. REGALA, JR. General Manager

4 1 of 4 BENEFICIAL OWNER REPORT Company Code - PX & Company Name - PHILEX Business Date: December 29, 2017 UPCC SECURITIES CORP. 881,890 A & A SECURITIES, INC. 14,060,125 ABACUS SECURITIES CORPORATION 35,788,377 PHILSTOCKS FINANCIAL INC 9,912,303 A. T. DE CASTRO SECURITIES CORP. 2,900,055 ALL ASIA SECURITIES MANAGEMENT CORP. 6,436 ALPHA SECURITIES CORP. 3,303,358 BA SECURITIES, INC. 1,375,332 AP SECURITIES INCORPORATED 4,782,603 ANSALDO, GODINEZ & CO., INC. 7,334,574 AB CAPITAL SECURITIES, INC. 11,161,820 SARANGANI SECURITIES, INC. 40,864 SB EQUITIES,INC. 15,204,226 ASIA PACIFIC CAPITAL EQUITIES & SECURITIES CORP. 832,012 ASIASEC EQUITIES, INC. 3,008,074 ASTRA SECURITIES CORPORATION 2,151,310 CHINA BANK SECURITIES CORPORATION 42,935 BELSON SECURITIES, INC. 6,935,878 BENJAMIN CO CA & CO., INC. 541,784 B. H. CHUA SECURITIES CORPORATION 4,654,132 JAKA SECURITIES CORP. 362,422 BPI SECURITIES CORPORATION 24,632,064 CAMPOS, LANUZA & COMPANY, INC. 8,975,202 SINCERE SECURITIES CORPORATION 580,855 CENTURY SECURITIES CORPORATION 53,894 BDO NOMURA SECURITIES INC 479,324 CITISECURITIES, INC. 4,923,552 TRITON SECURITIES CORP. 7,370,134 PHILEO ALLIED SECURITIES (PHILIPPINES), INC. 6,422 IGC SECURITIES INC. 6,041,729 CUALOPING SECURITIES CORPORATION 547,564 DBP-DAIWA CAPITAL MARKETS PHILPPINES, INC. 76,625 DAVID GO SECURITIES CORP. 6,461,586 DIVERSIFIED SECURITIES, INC. 1,299,627 E. CHUA CHIACO SECURITIES, INC. 14,269,550 EQUITABLE SECURIITES (PHILS.) INC. 9,745 EAST WEST CAPITAL CORPORATION 548,713 EASTERN SECURITIES DEVELOPMENT CORPORATION 12,613,413 EQUITIWORLD SECURITIES, INC. 555,139 EVERGREEN STOCK BROKERAGE & SEC., INC. 5,972,051 FIRST ORIENT SECURITIES, INC. 1,181,213 FIRST INTEGRATED CAPITAL SECURITIES, INC. 723,836 F. YAP SECURITIES, INC. 1,366,079 AURORA SECURITIES, INC. 760,701 GLOBALINKS SECURITIES & STOCKS, INC. 6,074,025 JSG SECURITIES, INC. 1,947,062 GOLDSTAR SECURITIES, INC. 10,185,861

5 2 of 4 GUILD SECURITIES, INC. 449,104 HDI SECURITIES, INC. 3,743,965 H. E. BENNETT SECURITIES, INC. 1,238,415 HK SECURITIES, INC. 3,016 I. ACKERMAN & CO., INC. 1,502,017 I. B. GIMENEZ SECURITIES, INC. 934,214 INVESTORS SECURITIES, INC, 4,968,074 IMPERIAL,DE GUZMAN,ABALOS & CO.,INC. 1,090,218 INTRA-INVEST SECURITIES, INC. 1,731,668 ASIAN CAPITAL EQUITIES, INC. 40,708 J.M. BARCELON & CO., INC. 826,966 VALUE QUEST SECURITIES CORPORATION 8,850 STRATEGIC EQUITIES CORP. 843,901 LARRGO SECURITIES CO., INC. 4,824,261 LIPPO SECURITIES, INC. 946 LITONJUA SECURITIES, INC. 987,917 LOPEZ, LOCSIN, LEDESMA & CO., INC. 528,959 LUCKY SECURITIES, INC. 1,928,433 LUYS SECURITIES COMPANY, INC. 807,039 MANDARIN SECURITIES CORPORATION 5,563,177 MARINO OLONDRIZ Y CIA 2,495 COL Financial Group, Inc. 36,652,536 DA MARKET SECURITIES, INC. 1,893,115 MERCANTILE SECURITIES CORP. 3,717,326 MERIDIAN SECURITIES, INC. 5,603,616 MDR SECURITIES, INC. 789,532 DEUTSCHE REGIS PARTNERS, INC. 168,636 MOUNT PEAK SECURITIES, INC. 26,267 NEW WORLD SECURITIES CO., INC. 324,428 NIEVES SECURITIES, INC. 512,809 OPTIMUM SECURITIES CORPORATION 2,366,198 RCBC SECURITIES, INC. 5,651,223 PAN ASIA SECURITIES CORP. 1,238,206 PAPA SECURITIES CORPORATION 10,393,163 MAYBANK ATR KIM ENG SECURITIES, INC. 14,186,589 PLATINUM SECURITIES, INC. 120,776 PNB SECURITIES, INC. 1,270,023 PREMIUM SECURITIES, INC. 3,465,084 PRYCE SECURITIES, INC. 345 SALISBURY BKT SECURITIES CORPORATION 1,581,481 QUALITY INVESTMENTS & SECURITIES CORPORATION 14,035,005 R & L INVESTMENTS, INC. 226,449 ALAKOR SECURITIES CORPORATION 359,815 R. COYIUTO SECURITIES, INC. 4,923,447 REGINA CAPITAL DEVELOPMENT CORPORATION 7,217,076 R. NUBLA SECURITIES, INC. 30,810,210 AAA SOUTHEAST EQUITIES, INCORPORATED 135,684 R. S. LIM & CO., INC. 7,664,324 RTG & COMPANY, INC. 1,316,593 S.J. ROXAS & CO., INC. 1,047,839 SECURITIES SPECIALISTS, INC. 1,169,183 FIDELITY SECURITIES, INC. 121,386 SUMMIT SECURITIES, INC. 5,675,958

6 3 of 4 STANDARD SECURITIES CORPORATION 9,990,464 SUPREME STOCKBROKERS, INC 68,725 TANSENGCO & CO., INC. 3,059,604 THE FIRST RESOURCES MANAGEMENT & SECURITIES CORP. 4,802,337 TOWER SECURITIES, INC. 28,266,630 TRANS-ASIA SECURITIES, INC. 105,144 APEX PHILIPPINES EQUITIES CORPORATION 17,400 TRENDLINE SECURITIES CORPORATION 65,630 TRI-STATE SECURITIES, INC. 848,992 UCPB SECURITIES, INC. 5,427,002 UOB KAY HIAN SECURITIES (PHILS.), INC. 178,192 E.SECURITIES, INC. 129,677 VENTURE SECURITIES, INC. 1,143,960 VICSAL SECURITIES & STOCK BROKERAGE, INC. 15,000 FIRST METRO SECURITIES BROKERAGE CORP. 36,534,619 WEALTH SECURITIES, INC. 6,542,495 WESTLINK GLOBAL EQUITIES, INC. 582,160 BERNAD SECURITIES, INC. 3,122,399 WONG SECURITIES CORPORATION 858,224 YAO & ZIALCITA, INC. 10,868,822 YU & COMPANY, INC. 9,592,804 BDO SECURITIES CORPORATION 98,176,961 PCCI SECURITIES BROKERS CORP. 2,602,964 EAGLE EQUITIES, INC. 1,341,803 GOLDEN TOWER SECURITIES &, INC. 500,292 SOLAR SECURITIES, INC. 16,965,876 G.D. TAN & COMPANY, INC. 1,389,121 CLSA PHILIPPINES, INC. 36,157 DW CAPITAL INC. 32,350,775 PHILIPPINE EQUITY PARTNERS, INC. 10,307,252 UNICAPITAL SECURITIES INC. 3,777,746 SunSecurities, Inc. 1,174,094 COHERCO SECURITIES, INC. 38,252 ARMSTRONG SECURITIES, INC. 846,045 KING'S POWER SECURITIES, INC. 851,959 TIMSON SECURITIES, INC. 7,084,100 BANCO DE ORO - TRUST BANKING GROUP 134,796,219 CHINA BANKING CORPORATION - TRUST GROUP 20,000 CITIBANK N.A. 97,355,688 DEUTSCHE BANK MANILA-CLIENTS A/C 29,209,576 DEUTSCHE BANK MANILA-CLIENTS A/C 1,436,200 GOVERNMENT SERVICE INSURANCE SYSTEM 1,642,000 THE HONGKONG AND SHANGHAI BANKING CORP. LTD. -CLIENTS' ACCT. 5,233,642 THE HONGKONG AND SHANGHAI BANKING CORP. LTD. -CLIENTS' ACCT. 2,900,000 THE HONGKONG & SHANGHAI BANKING CORP. LTD. -OWN ACCOUNT 347,605 THE HONGKONG & SHANGHAI BANKING CORP. LTD. -OWN ACCOUNT 940 AB CAPITAL & INVESTMENT CORP. - TRUST & INVESTMENT DIV. 40,738 ASIA UNITED BANK - TRUST & INVESTMENT GROUP 317,006 UNITED COCONUT PLANTERS LIFE ASSURANCE CORPORATION 1,000,273 PNB TRUST BANKING GROUP 100,000 PHILEX MINING CORPORATION 301 RCBC TRUST & INVESTMENT DIVISION 267,308 RCBC TRUST & INVESTMENT DIVISION - VARIOUS TAXABLE ACCTS 22,100

7 4 of 4 STANDARD CHARTERED BANK 8,738,032 MBTC - TRUST BANKING GROUP 8,527,928 SOCIAL SECURITY SYSTEM 128,234,799 TOTAL 1,159,479,173 If no written notice of any error or correction is received by PDTC within five (5) calendar days from receipt hereof, you shallbe deemed to have accepted the accuracy and completeness of the details indicated in this report. This document is computer generated and requires no signature.

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