The Management Team

Age: 57
Citizenship: Filipino
Date of First Appointment: May 21, 2018
Tenure: 4 years

Committee Memberships:
Chairman  – Board Executive Committee

Member    – Board Environmental, Social, and Corporate Governance Committee
– Board Risk and Reputation Management Committee

Present Positions:

• Director/President and Chief Executive Officer – Aboitiz Equity Ventures Inc.*
• Chairman of the Board – Aboitiz Power Corporation*, Aboitiz Foundation, Inc., Aboitiz Infracapital, Inc., Aboitiz Land, Inc., CRH Aboitiz Holdings, Inc., Filagri Holdings, Inc., Manila-Oslo Renewable Enterprise, Inc., Republic Cement Services, Inc., SN Aboitiz Power – Benguet, Inc.
• Director/President and Chief Executive Officer – Aboitiz & Company, Inc.*
• Chairman/Director/President and Chief Executive Officer – Aboitiz Renewables, Inc.
• Director/President – AEV CRH Holdings, Inc.
• Director – Aboitiz Construction International, Inc., Aboitiz Construction, Inc., AboitizPower International Pte. Ltd., AEV International Pte Ltd., Apo Agua Infrastructura, Inc., Lima Land, Inc., Pilmico Animal Nutrition Corporation, Pilmico Foods Corporation, Pilmico International Pte Ltd, Republic Cement & Building Materials, Inc., Therma Luzon, Inc., Therma South, Inc., Unity Digital Infrastructure Inc., Union Bank of the Philippines, Inc., and UnionDigital Bank, Inc.

Previous Positions:

• Executive Vice President and Chief Operating Officer – Aboitiz Equity Ventures Inc.* (2015 – 2019)
• Senior Vice President – Aboitiz Equity Ventures Inc.* (2015)
• First Vice President – Aboitiz Equity Ventures Inc.* (2014 – 2015)

Educational and Professional Background:

• Bachelor of Science Degree in Business Administration, Major in Finance from Gonzaga University, Spokane, U.S.A

Mr. Aboitiz is not connected with any government agency or instrumentality.

Age: 68
Citizenship: Filipino
Date of First Appointment: May 10, 1999
Tenure: 22 years

Committee Memberships:

Chairman – Board Risk and Reputation Management Committee

Member    – Board Environmental, Social, and Corporate Governance Committee

– Board Executive Committee

– Board Cyber and Information Security Committee

Present Positions:

• Chairman of the Board – Aboitiz Equity Ventures Inc.*
• Vice Chairman of the Board of Directors – Aboitiz & Company, Inc.

Previous Positions:

• Vice Chairman of the Board of Directors – Aboitiz Power Corporation*

Educational and Professional Background:

• Bachelor of Science in Business Administration, Major in Economics, from Gonzaga University, Spokane, Washington, U.S.A.

Mr. Aboitiz is not connected with any government agency or instrumentality.

Age: 56
Citizenship: Filipino
Date of First Appointment: N.A.
Tenure: 0 year

Previous Positions:

• President and Chief Executive Officer – Pilipinas Shell Petroleum Corporation* (2016 – 2021)
• Vice President-Global Retail Network based in Singapore – Shell’s Global Downstream Business (2013 – 2018)
• Vice President of Retail Sales and Operations East based in Singapore – Shell’s Global Downstream Business (2009 – 2013)
• Vice President for Supply – East based in Singapore – Shell’s Global Downstream Business (2007 – 2009)
• Vice President for Downstream Management Consultancy based in London – Shell’s Global Downstream Business
• Business Assistant to the Executive Director based in London – Shell’s Global Downstream Business
• Shell’s Scenario Planning Team based in London – Shell International (1995)
• Refinery Engineer – Pilipinas Shell Petroleum Corporation* (1987)

Educational and Professional Background:

• Bachelor of Science in Mechanical Engineering (Cum Laude) from the University of the Philippines
• Master’s Degree in Business Administration (with High Distinction) from the University of Michigan
• Romero attended a variety of management development courses at the London Business School and the Wharton Business School.

Mr. Romero is not a director of any other publicly-listed company. Mr. Romero is not connected with any government agency or instrumentality.

Age: 71
Citizenship: Filipino
Date of First Appointment: April 26, 2021
Tenure: 1 year

Committee Memberships:

Member    – Board Environmental, Social, and Corporate Governance Committee
– Board Audit Committee
– Board Risk and Reputation Management Committee
– Board Related Party Transactions Committee
– Board Cyber and Information Security Committee

Present Positions:

• Independent Director – Aboitiz Equity Ventures Inc.*
• Senior Adviser – Morgan Stanley & Co
• Founder and Chairman – Globe Capital Partners LLC, U.S.A.
• Independent Director – Easycall Communications Philippines, Inc., Philippines
• Advisory Board Member – Anneberg Foundation Trust at Sunnylands, U.S.A
• Advisory Council Member – The International Institute for Strategic Studies, London
• Advisor – APEC Business Advisory Council

Previous Positions:

• Managing Director – Credit Suisse First Boston, New York City, U.S.A & London, U.K (1989 -1998)
• Director, International – Dillon Read & Company, New York City, U.S.A (1986 – 1988)
• Vice President – Morgan Stanley International, London, U.K (1981 – 1986)
• Associate – Morgan Stanley & Co. New York City, U.S.A (1997 – 1981)
• Advisory to the Treasury Department – Bangko Sentral ng Pilipinas (1984 – 1985)

Educational and Professional Background:

• Bachelor of Arts, Major in Communication Arts, from Maryknoll College
• Master of Business Administration from the Columbia University in New York, U.S.A.
• Executive Management Program from Stanford University in Palo Alto California, U.S.A.

Ms. De Asis is not connected with any government agency or instrumentality.

Age: 67
Citizenship: Filipino
Date of First Appointment: April 26, 2021
Tenure: 1 year

Committee Memberships:

Chairman  – Board Environmental, Social, and Corporate Governance Committee
– Board Related Party Transactions Committee

Member    – Board Audit Committee
– Board Risk and Reputation Management Committee

Present Positions:

• Lead Independent Director – Aboitiz Equity Ventures Inc.*
• Chairman of the Board of Directors – ALFM Family of Funds, Philippine Stock Index Fund, Inc.
• Vice Chairman & Founding Fellow – Foundation for Economic Freedom
• Director – Bank of the Philippine Islands*, Globe Telecom, Inc.*
• Independent Director – PHINMA, Inc., RFM Corporation
• Managing Director – Lazaro Bernardo Tiu & Associates, Inc.
• Advisor – GlobalSource Partners
• Member – World Bank Philippine Advisory Group

Previous Positions:

• Lead Independent Director – Aboitiz Power Corporation*
• Chairman – Federation of ASEAN Economic Societies
• President – Philippine Economics Society
• Undersecretary for International Finance – Department of Finance
• Alternate Executive Director – Asian Development Bank
• Independent Director – BPI Capital Corporation, BPI/MS Insurance Corporation, BPI-Philam Life Assurance Corporation
• Trustee & Member – Philippine Institute for Development Studies
• Advisor to Executive Director – World Bank, International Monetary Fund
• Deputy Chief – Philippine Delegation to the General Agreement on Tariffs and Trade (World Trade Organization)
• Finance Attaché – Philippine Mission to the United Nations
• Faculty Member – College of Business Administration of the University of the Philippines
• Member, Panel of Conciliators – International Centre for Settlement of Investment Disputes
• Various positions – National Power Corporation, Philippine National Bank

Educational and Professional Background:

• Bachelor of Science in Business Economics (magna cum laude) from the University of the Philippines
• Master’s Degree in Development Economics from Williams College in Williamstown, Massachusetts, U.S.A.

Mr. Bernardo is not connected with any government agency or instrumentality.

Mr. David Jude L. Sta. Ana, 51 years old, Filipino, was appointed Senior Vice President and Chief External Affairs Officer last October 1, 2018. Prior to his appointment, he was First Vice President for Government Relations since September 1, 2016.

Mr. Sta. Ana brings to the Group his experience in broadcast, digital, and print media, with focus on major news coverage, crisis management, planning, and operations. Prior to joining AEV, he was the Head for News Operations of TV5 Network, Inc. where he handled the day to day operations of the Philippines’ third largest television network, including news gathering and content generation for its television, radio and digital platforms. Mr. Sta. Ana also served as news director handling the control, operational and administrative responsibilities for news gathering for two of the country’s major broadcast organizations, namely ABS-CBN Broadcasting Corporation and GMA Network, Inc., both publicly-listed companies.

Mr. Sta Ana earned his Bachelor’s Degree in Journalism from the University of the Philippines – Diliman. He also completed the Newsroom Operation and Newsroom Management Training conducted by the U.S. Radio and Television News Directors Association in Los Angeles, California, U.S.A. He is not connected with any government agency or instrumentality. He is

also not a director of any publicly-listed company.

Ms. Susan V. Valdez, 58 years old, Filipino, is the Senior Vice President and Chief Human Resources Officer of AEV effective January 1, 2019. She held various executive positions at AEV for the past seven years; namely, Senior Vice President and Chief Corporate Services Officer, Chief Reputation and Risk Management Officer and Chief Reputation Officer. Ms. Valdez is the Senior Vice President and Chief Reputation and Risk Management Officer of AboitizPower, a publicly-listed company. She is an ex-officio member of AEV Board Corporate Governance Committee since January 1, 2019 and AboitizPower Board Risk & Reputation Committee since May 21, 2012. She is currently President and Trustee of Aboitiz Foundation and WeatherPhilippines. Before joining AEV in September, 2011, she held various executive positions for 15 years in Aboitiz Transport Systems Corporation (ATSC) (now 2GO Group, Inc., a publicly-listed company), as Chief Finance Officer, Chief Information Officer, and Chief Operating Officer of its freight and supply chain business units. Ms. Valdez s a Certified Public Accountant, and graduated cumlaude from St. Theresa’s College with a degree of Bachelor of Science in Commerce, Major in Accounting. She earned her Master’s degree in Business Management from the University of the Philippines, and completed a program on Management Development at Harvard Business School. She is not connected with any government agency or instrumentality. She is not a director of any publicly-listed company.

Mr. Manuel Alberto R. Colayco was appointed as the Company’s Corporate Secretary and Chief Compliance Officer on 1 March 2018. Concurrently, he has been Senior Vice President and Chief Legal Officer of the Company since October 1 2019, and Corporate Secretary of AboitizPower since 1 March 2018. Mr. Colayco has practiced in the areas of corporate law, mergers and acquisitions, joint ventures, securities regulation, corporate and financial restructuring, and litigation. Prior to joining the Aboitiz Group, Mr. Colayco acted as an independent legal consultant providing professional advice, representation, and transactional assistance to private companies and individuals. His previous work experience includes General Counsel for AGP International Holdings Ltd. and Atlantic, Gulf & Pacific Company of Manila, Inc. from August 2013 to December 2014; Executive Director and Assistant General Counsel of J.P. Morgan Chase Bank N.A. from July 2010 to August 2013; and Vice President and Legal Counsel of DKR Oasis (Hong Kong) LLC, a private investment management firm, from August 2007 until March 2010. He was an Associate at Skadden, Arps, Slate, Meagher &Flom, LLP from 2000 to 2007, and at Romulo Mabanta Buenaventura Sayoc & De Los Angeles from 1996 to 2000.

Mr. Colayco earned his undergraduate and Juris Doctor degrees from the Ateneo de Manila University, and a Master of Laws degree from the New York University School of Law, U.S.A. He is a member in good standing of the Integrated Bar of the Philippines and the New York State Bar. He is not connected with any government agency or instrumentality. He is also not a director of any publicly listed company

Age: 65
Citizenship: Filipino
Date of First Appointment: May 9, 1994
Tenure: 27 years

Committee Memberships:

– Member    – Board Audit Committee
– Board Risk and Reputation Management Committee
– Board Executive Committee

Present Positions:

• Director – Aboitiz Equity Ventures Inc.*
• Director – Endeavor Philippines
• Chairman of the Board of Directors – Union Bank of the Philippines*
• Board Observer – Aboitiz & Company*

Previous Positions:

• President and Chief Executive Officer – Aboitiz Equity Ventures Inc.* (2009 – 2019)
• Director / Chairman of the Board – Aboitiz Power Corporation*
• Executive Vice President and Chief Operating Officer – Aboitiz Equity Ventures Inc.* (1994 – 2008)
• Trustee – Philippine Disaster Recovery Foundation and Asian Institute of Management

Educational and Professional Background:

• Bachelor of Science Degree in Business Administration, Major in Accounting and Finance, from Gonzaga University, Spokane, Washington, U.S.A.
• Honorary Doctorate Degree in Management from the Asian Institute of Management.
• Awardee – Management Man of the Year by the Management Association of the Philippines (2011)
• Awardee – Entrepreneur of the Year by Ernst & Young (2011).

Mr. Aboitiz is not connected with any government agency or instrumentality.

Age: 57
Citizenship: Filipino
Date of First Appointment: May 21, 2018
Tenure: 4 years

Committee Memberships:
Chairman  – Board Executive Committee

Member    – Board Environmental, Social, and Corporate Governance Committee
– Board Risk and Reputation Management Committee

Present Positions:

• Director/President and Chief Executive Officer – Aboitiz Equity Ventures Inc.*
• Chairman of the Board – Aboitiz Power Corporation*, Aboitiz Foundation, Inc., Aboitiz Infracapital, Inc., Aboitiz Land, Inc., CRH Aboitiz Holdings, Inc., Filagri Holdings, Inc., Manila-Oslo Renewable Enterprise, Inc., Republic Cement Services, Inc., SN Aboitiz Power – Benguet, Inc.
• Director/President and Chief Executive Officer – Aboitiz & Company, Inc.*
• Chairman/Director/President and Chief Executive Officer – Aboitiz Renewables, Inc.
• Director/President – AEV CRH Holdings, Inc.
• Director – Aboitiz Construction International, Inc., Aboitiz Construction, Inc., AboitizPower International Pte. Ltd., AEV International Pte Ltd., Apo Agua Infrastructura, Inc., Lima Land, Inc., Pilmico Animal Nutrition Corporation, Pilmico Foods Corporation, Pilmico International Pte Ltd, Republic Cement & Building Materials, Inc., Therma Luzon, Inc., Therma South, Inc., Unity Digital Infrastructure Inc., Union Bank of the Philippines, Inc., and UnionDigital Bank, Inc.

Previous Positions:

• Executive Vice President and Chief Operating Officer – Aboitiz Equity Ventures Inc.* (2015 – 2019)
• Senior Vice President – Aboitiz Equity Ventures Inc.* (2015)
• First Vice President – Aboitiz Equity Ventures Inc.* (2014 – 2015)

Educational and Professional Background:

• Bachelor of Science Degree in Business Administration, Major in Finance from Gonzaga University, Spokane, U.S.A

Mr. Aboitiz is not connected with any government agency or instrumentality.

Age: 56
Citizenship: Filipino
Date of First Appointment: April 25, 2022
Tenure: 0 year

Previous Positions:

• President and Chief Executive Officer – Pilipinas Shell Petroleum Corporation* (2016 – 2021)
• Vice President-Global Retail Network based in Singapore – Shell’s Global Downstream Business (2013 – 2018)
• Vice President of Retail Sales and Operations East based in Singapore – Shell’s Global Downstream Business (2009 – 2013)
• Vice President for Supply – East based in Singapore – Shell’s Global Downstream Business (2007 – 2009)
• Vice President for Downstream Management Consultancy based in London – Shell’s Global Downstream Business
• Business Assistant to the Executive Director based in London – Shell’s Global Downstream Business
• Shell’s Scenario Planning Team based in London – Shell International (1995)
• Refinery Engineer – Pilipinas Shell Petroleum Corporation* (1987)

Educational and Professional Background:

• Bachelor of Science in Mechanical Engineering (Cum Laude) from the University of the Philippines
• Master’s Degree in Business Administration (with High Distinction) from the University of Michigan
• Romero attended a variety of management development courses at the London Business School and the Wharton Business School.

Mr. Romero is not a director of any other publicly-listed company. Mr. Romero is not connected with any government agency or instrumentality.

Age: 71
Citizenship: Filipino
Date of First Appointment: April 26, 2021
Tenure: 1 year

Committee Memberships:

Member    – Board Environmental, Social, and Corporate Governance Committee
– Board Audit Committee
– Board Risk and Reputation Management Committee
– Board Related Party Transactions Committee
– Board Cyber and Information Security Committee

Present Positions:

• Independent Director – Aboitiz Equity Ventures Inc.*
• Senior Adviser – Morgan Stanley & Co
• Founder and Chairman – Globe Capital Partners LLC, U.S.A.
• Independent Director – Easycall Communications Philippines, Inc., Philippines
• Advisory Board Member – Anneberg Foundation Trust at Sunnylands, U.S.A
• Advisory Council Member – The International Institute for Strategic Studies, London
• Advisor – APEC Business Advisory Council

Previous Positions:

• Managing Director – Credit Suisse First Boston, New York City, U.S.A & London, U.K (1989 -1998)
• Director, International – Dillon Read & Company, New York City, U.S.A (1986 – 1988)
• Vice President – Morgan Stanley International, London, U.K (1981 – 1986)
• Associate – Morgan Stanley & Co. New York City, U.S.A (1997 – 1981)
• Advisory to the Treasury Department – Bangko Sentral ng Pilipinas (1984 – 1985)

Educational and Professional Background:

• Bachelor of Arts, Major in Communication Arts, from Maryknoll College
• Master of Business Administration from the Columbia University in New York, U.S.A.
• Executive Management Program from Stanford University in Palo Alto California, U.S.A.

Ms. De Asis is not connected with any government agency or instrumentality.

Age: 67
Citizenship: Filipino
Date of First Appointment: April 26, 2021
Tenure: 1 year

Committee Memberships:

Chairman  – Board Environmental, Social, and Corporate Governance Committee
– Board Related Party Transactions Committee

Member    – Board Audit Committee
– Board Risk and Reputation Management Committee

Present Positions:

• Lead Independent Director – Aboitiz Equity Ventures Inc.*
• Chairman of the Board of Directors – ALFM Family of Funds, Philippine Stock Index Fund, Inc.
• Vice Chairman & Founding Fellow – Foundation for Economic Freedom
• Director – Bank of the Philippine Islands*, Globe Telecom, Inc.*
• Independent Director – PHINMA, Inc., RFM Corporation
• Managing Director – Lazaro Bernardo Tiu & Associates, Inc.
• Advisor – GlobalSource Partners
• Member – World Bank Philippine Advisory Group

Previous Positions:

• Lead Independent Director – Aboitiz Power Corporation*
• Chairman – Federation of ASEAN Economic Societies
• President – Philippine Economics Society
• Undersecretary for International Finance – Department of Finance
• Alternate Executive Director – Asian Development Bank
• Independent Director – BPI Capital Corporation, BPI/MS Insurance Corporation, BPI-Philam Life Assurance Corporation
• Trustee & Member – Philippine Institute for Development Studies
• Advisor to Executive Director – World Bank, International Monetary Fund
• Deputy Chief – Philippine Delegation to the General Agreement on Tariffs and Trade (World Trade Organization)
• Finance Attaché – Philippine Mission to the United Nations
• Faculty Member – College of Business Administration of the University of the Philippines
• Member, Panel of Conciliators – International Centre for Settlement of Investment Disputes
• Various positions – National Power Corporation, Philippine National Bank

Educational and Professional Background:

• Bachelor of Science in Business Economics (magna cum laude) from the University of the Philippines
• Master’s Degree in Development Economics from Williams College in Williamstown, Massachusetts, U.S.A.

Mr. Bernardo is not connected with any government agency or instrumentality.

Mr. Manuel R. Lozano has been Senior Vice President, Chief Financial Officer and Chief Corporate Information Officer of the Company since 18 May 2015. He is also an Ex-Officio Member of the Board Risk and Reputation Management Committee since 18 May 2015, and of the Executive Committee since 21 May 2018. Mr. Lozano holds various positions within the Aboitiz Group. He is currently the (i) Chairman of the Board and Chief Executive Officer of Lima Water Corporation; (ii) Treasurer of Aboitiz Construction, Inc., Aboitiz Construction International, Inc., CRH Aboitiz Holdings, Inc., DDLS Aboitiz Inc., and Metaphil, Inc.; (iii) Chief Financial Officer and Treasurer of Apo Agua Infrastructura, Inc; (iv) Trustee and Treasurer of Aboitiz Foundation; (v) Director and Treasurer of Aboitiz InfraCapital, Inc., Aboitiz Airports Advisory Services Corporation, AEV CRH Holdings, Inc., AEV
Properties, Inc., Seateach Incorporated Aboitiz Impact Ventures, Inc.; (vi) Director and Vice President of AEV Aviation; (vii) Director of Pilmico Animal Nutrition Corporation, Pilmico Foods Corporation, Republic Cement and Building Materials, Inc., Union Bank of the
Philippines, Cebu Praedia Development Corporation, AEV International Pte Ltd., Archipelago Insurance Pte Ltd.; and (viii) Alternate Director of Pilmico International Pte. Ltd. (Pilmico International), Pilmico Aqua Pte. Ltd. and AboitizPower International.

Mr. Lozano was First Vice President, Chief Financial Officer and Corporate Information Officer of AboitizPower from 2014 to 2015; and was First Vice
President – Chief Financial Officer of AboitizPower Generation from 2008 to 2013. Before joining the Aboitiz Group, he was the Chief Financial Officer and a director of Paxys, Inc., a publicly listed company, focused on the business process outsourcing industry and other IT-related sectors within the Asia Pacific region. He was also a director of Corporate Finance and Investment at NGL Pacific Ltd., a Regional Operating Headquarter related to the Usaha Tegas group of Malaysia. He also held various positions in financial institutions including Jardine Fleming and CLSA.

He earned his Bachelor of Science in Business Administration degree from the University of thePhilippines – Diliman and his Master’s Degree in
Business Administration from the Wharton School of the University of Pennsylvania, U.S.A. He is not connected with any government agency or instrumentality.

Mr. Christopher P. Beshouri was appointed Executive Director – Chief Strategy Officer on October 3, 2018. He brings to the Group his experience in corporate strategy, business planning, strategic partnership and investments, and performance management. He has almost three decades of experience in banking, energy, telecommunications, retail, and business process outsourcing across multiple jurisdictions in Asia. Before joining the Company, Mr. Beshouri headed the VICSAL Development Corporation from 2013 to 2018. He was Independent Director of GT Capital Holdings, Inc. from 2013 to 2017.

He also held various top management positions at McKinsey and Company as President and Chief Executive Officer for Philippines from 2005 to 2013, Chief of Staff for Asia from 2004 to 2005, and Associate Principal from 1997 to 2004. He also served in the United States Treasury as a Senior Financial Economist and Director from 1989 to 1997, focusing on financial markets and banking regulations, and he also taught financial markets and banking at Georgetown University, U.S.A.

Mr. Beshouri earned his Bachelor of Arts degree (Dual Major in Economics and Public Policy) from the Michigan State University, U.S.A and his Master’s degree in Public Affairs from Princeton University, U.S.A.

He is not connected with any government agency or instrumentality. He is not a director of any publicly listed company.

Mr. Manuel R. Lozano has been Senior Vice President, Chief Financial Officer and Chief Corporate Information Officer of the Company since 18 May 2015. He is also an Ex-Officio Member of the Board Risk and Reputation Management Committee since 18 May 2015, and of the Executive Committee since 21 May 2018. Mr. Lozano holds various positions within the Aboitiz Group. He is currently the (i) Chairman of the Board and Chief Executive Officer of Lima Water Corporation; (ii) Treasurer of Aboitiz Construction, Inc., Aboitiz Construction International, Inc., CRH Aboitiz Holdings, Inc., DDLS Aboitiz Inc., and Metaphil, Inc.; (iii) Chief Financial Officer and Treasurer of Apo Agua Infrastructura, Inc; (iv) Trustee and Treasurer of Aboitiz Foundation; (v) Director and Treasurer of Aboitiz InfraCapital, Inc., Aboitiz Airports Advisory Services Corporation, AEV CRH Holdings, Inc., AEV
Properties, Inc., Seateach Incorporated Aboitiz Impact Ventures, Inc.; (vi) Director and Vice President of AEV Aviation; (vii) Director of Pilmico Animal Nutrition Corporation, Pilmico Foods Corporation, Republic Cement and Building Materials, Inc., Union Bank of the Philippines, Cebu Praedia Development Corporation, AEV International Pte Ltd., Archipelago Insurance Pte Ltd.; and (viii) Alternate Director of Pilmico International Pte. Ltd. (Pilmico International), Pilmico Aqua Pte. Ltd. and AboitizPower International.

Mr. Lozano was First Vice President, Chief Financial Officer and Corporate Information Officer of AboitizPower from 2014 to 2015; and was First Vice President – Chief Financial Officer of AboitizPower Generation from 2008 to 2013. Before joining the Aboitiz Group, he was the Chief Financial Officer and a director of Paxys, Inc., a publicly listed company, focused on the business process outsourcing industry and other IT-related sectors within the Asia Pacific region. He was also a director of Corporate Finance and Investment at NGL Pacific Ltd., a Regional Operating Headquarter related to the Usaha Tegas group of Malaysia. He also held various positions in financial institutions including Jardine Fleming and CLSA.

He earned his Bachelor of Science in Business Administration degree from the University of thePhilippines – Diliman and his Master’s Degree in Business Administration from the Wharton School of the University of Pennsylvania, U.S.A. He is not connected with any government agency or instrumentality.

Mr. Robert McGregor is Executive Director – Chief Investments Officer of the Company since October 3, 2018. He is concurrently Executive Director – Chief Investments Officer of AboitizPower, a publicly listed company, a position he has held since June 1, 2018. He joined the Company as Senior Vice President – Chief Strategy Officer in May 2014 before his appointment as Executive Director – Chief Investments Officer in 2018.

Mr. McGregor brings with him a wealth of experience in management, investment banking and private equity investing with almost 39 years of experience in energy markets. He has extensive experience in corporate strategy, marketing and business planning in oil, gas and electricity industries in the United Kingdom. He moved to Hong Kong in 1997 and enjoyed an 11-year career in regional investment banking, before moving to Singapore to take up partnership in Actis, an emerging-market private equity firm.

In 2012, he returned to Hong Kong with Hongkong and Shanghai Banking Corporation as an investment banker. Mr. McGregor completed his Honours Degree in Applied Chemistry from The University of Strathclyde, United Kingdom and obtained his Master’s Degree in Business Administration from the same university.

He is not connected with any government agency or instrumentality. He is not a director of any publicly listed company.

Age: 68
Citizenship: Filipino
Date of First Appointment: May 10, 1999
Tenure: 22 years

Committee Memberships:

Chairman – Board Risk and Reputation Management Committee

Member    – Board Environmental, Social, and Corporate Governance Committee

– Board Executive Committee

– Board Cyber and Information Security Committee

Present Positions:

• Chairman of the Board – Aboitiz Equity Ventures Inc.*
• Vice Chairman of the Board of Directors – Aboitiz & Company, Inc.

Previous Positions:

• Vice Chairman of the Board of Directors – Aboitiz Power Corporation*

Educational and Professional Background:

• Bachelor of Science in Business Administration, Major in Economics, from Gonzaga University, Spokane, Washington, U.S.A.

Mr. Aboitiz is not connected with any government agency or instrumentality.

Age: 65
Citizenship: Filipino
Date of First Appointment: May 9, 1994
Tenure: 27 years

Committee Memberships:

– Member    – Board Audit Committee
– Board Risk and Reputation Management Committee
– Board Executive Committee

Present Positions:

• Director – Aboitiz Equity Ventures Inc.*
• Director – Endeavor Philippines
• Chairman of the Board of Directors – Union Bank of the Philippines*
• Board Observer – Aboitiz & Company*

Previous Positions:

• President and Chief Executive Officer – Aboitiz Equity Ventures Inc.* (2009 – 2019)
• Director / Chairman of the Board – Aboitiz Power Corporation*
• Executive Vice President and Chief Operating Officer – Aboitiz Equity Ventures Inc.* (1994 – 2008)
• Trustee – Philippine Disaster Recovery Foundation and Asian Institute of Management

Educational and Professional Background:

• Bachelor of Science Degree in Business Administration, Major in Accounting and Finance, from Gonzaga University, Spokane, Washington, U.S.A.
• Honorary Doctorate Degree in Management from the Asian Institute of Management.
• Awardee – Management Man of the Year by the Management Association of the Philippines (2011)
• Awardee – Entrepreneur of the Year by Ernst & Young (2011).

Mr. Aboitiz is not connected with any government agency or instrumentality.

Age: 57
Citizenship: Filipino
Date of First Appointment: May 21, 2018
Tenure: 4 years

Committee Memberships:
Chairman  – Board Executive Committee

Member    – Board Environmental, Social, and Corporate Governance Committee
– Board Risk and Reputation Management Committee

Present Positions:

• Director/President and Chief Executive Officer – Aboitiz Equity Ventures Inc.*
• Chairman of the Board – Aboitiz Power Corporation*, Aboitiz Foundation, Inc., Aboitiz Infracapital, Inc., Aboitiz Land, Inc., CRH Aboitiz Holdings, Inc., Filagri Holdings, Inc., Manila-Oslo Renewable Enterprise, Inc., Republic Cement Services, Inc., SN Aboitiz Power – Benguet, Inc.
• Director/President and Chief Executive Officer – Aboitiz & Company, Inc.*
• Chairman/Director/President and Chief Executive Officer – Aboitiz Renewables, Inc.
• Director/President – AEV CRH Holdings, Inc.
• Director – Aboitiz Construction International, Inc., Aboitiz Construction, Inc., AboitizPower International Pte. Ltd., AEV International Pte Ltd., Apo Agua Infrastructura, Inc., Lima Land, Inc., Pilmico Animal Nutrition Corporation, Pilmico Foods Corporation, Pilmico International Pte Ltd, Republic Cement & Building Materials, Inc., Therma Luzon, Inc., Therma South, Inc., Unity Digital Infrastructure Inc., Union Bank of the Philippines, Inc., and UnionDigital Bank, Inc.

Previous Positions:

• Executive Vice President and Chief Operating Officer – Aboitiz Equity Ventures Inc.* (2015 – 2019)
• Senior Vice President – Aboitiz Equity Ventures Inc.* (2015)
• First Vice President – Aboitiz Equity Ventures Inc.* (2014 – 2015)

Educational and Professional Background:

• Bachelor of Science Degree in Business Administration, Major in Finance from Gonzaga University, Spokane, U.S.A

Mr. Aboitiz is not connected with any government agency or instrumentality.

Age: 64
Citizenship: Filipino
Date of First Appointment: May 9, 1994
Tenure: 24 years (until 2017)

Committee Memberships:
Chairman  – Board Cyber and Information Security Committee
Member    – Board Executive Committee

Present Positions:

• Director – Aboitiz Equity Ventures Inc.*
• Chairman of the Board and/or Director – PETNET, Inc, City Savings Bank, Inc., Pilmico Foods Corporation, Concepcion Industrial Corporation*
• Chairman of the Board – Philippine Payments Management, Inc., Fintech Philippines Association, Inc., Distributed Ledger Technology Association of the Philippines, Inc., Union Digital Bank
• Vice Chairman – Union Bank of the Philippines*
• Board of Trustees – The Insular Life Assurance Co., Ltd., Philippine Trade Foundation, Inc.
• Member – Management Association of the Philippines, Makati Business Club, World Presidents Organization

Previous Positions:

• Director – Aboitiz Equity Ventures Inc.* (1994 – 2017)
• Member of Board Audit Committee – Aboitiz Equity Ventures Inc.*(2006 – 2017)
• Member of Board Risk and Reputation Management Committee – Aboitiz Equity Ventures Inc.*(2009 – 2017)
• Chairman and Chief Executive Officer – Union Bank of the Philippines* (1993 – 2017)
• Managing Partner-Global Finance Country Executive – Investment Banking – Citibank, N.A. (1990 – 1993)
• Country Executive-Investment Banking – Citibank, N.A. (1988 – 1990)
• Treasury Marketing Unit Head – Citibank, N.A. (1985 – 1988)
• Relationship Manager for various local, corporate multinational, and public sectors customers – Citibank, N.A. (1979 – 1985)
• Executive Assistant to Asia Pacific Human Resource Executive – Citibank, N.A. (1978 – 1979)
• Management Trainee – Citibank, N.A. (1977 – 1978)

Educational and Professional Background:

• Member of the Claustro de Profesores and Doctor of Humanities Degree (Honoris Causa) from the University of Santo Tomas (UST)
• Economics Honors Program (Magna Cum Laude) from Ateneo de Manila University.

Mr. Ortiz is not connected with any government agency or instrumentality.

Age: 67
Citizenship: Filipino
Date of First Appointment: May 15, 2017
Tenure: 4 years

Committee Memberships:

Member    – Board Risk and Reputation  Management Committee

– Board Executive Committee

Present Positions:

• Vice Chairman of the Board – Aboitiz Equity Ventures Inc.*
• Chairman of the Board of Directors – Aboitiz & Company, Inc.*
• Trustee and Chairman – Ramon Aboitiz Foundation, Inc.

Previous Positions:

• Vice Chairman of the Board – Aboitiz Power Corporation* (1998 – 2019)
• Vice Chairman of the Board – City Savings Bank, Inc. (2015 – 2016)
• President and Chief Executive Officer – City Savings Bank, Inc. (2001 – 2014)
• Senior Vice President – Aboitiz Equity Ventures Inc.* (2004 – 2015)

Educational and Professional Background:

• Bachelor of Science in Business Administration from Gonzaga University, Spokane, Washington, U.S.A.

Mr. Aboitiz is not connected with any government agency or instrumentality.

Mr. Christopher P. Beshouri was appointed Executive Director – Chief Strategy Officer on October 3, 2018. He brings to the Group his experience in corporate strategy, business planning, strategic partnership and investments, and performance management. He has almost three decades of experience in banking, energy, telecommunications, retail, and business process outsourcing across multiple jurisdictions in Asia. Before joining the Company, Mr. Beshouri headed the VICSAL Development Corporation from 2013 to 2018. He was Independent Director of GT Capital Holdings, Inc. from 2013 to 2017.

He also held various top management positions at McKinsey and Company as President and Chief Executive Officer for Philippines from 2005 to 2013, Chief of Staff for Asia from 2004 to 2005, and Associate Principal from 1997 to 2004. He also served in the United States Treasury as a Senior Financial Economist and Director from 1989 to 1997, focusing on financial markets and banking regulations, and he also taught financial markets and banking at Georgetown University, U.S.A.

Mr. Beshouri earned his Bachelor of Arts degree (Dual Major in Economics and Public Policy) from the Michigan State University, U.S.A and his Master’s degree in Public Affairs from Princeton University, U.S.A.

He is not connected with any government agency or instrumentality. He is not a director of any publicly listed company.

Mr. Manuel R. Lozano has been Senior Vice President, Chief Financial Officer and Chief Corporate Information Officer of the Company since 18 May 2015. He is also an Ex-Officio Member of the Board Risk and Reputation Management Committee since 18 May 2015, and of the Executive Committee since 21 May 2018. Mr. Lozano holds various positions within the Aboitiz Group. He is currently the (i) Chairman of the Board and Chief Executive Officer of Lima Water Corporation; (ii) Treasurer of Aboitiz Construction, Inc., Aboitiz Construction International, Inc., CRH Aboitiz Holdings, Inc., DDLS Aboitiz Inc., and Metaphil, Inc.; (iii) Chief Financial Officer and Treasurer of Apo Agua Infrastructura, Inc; (iv) Trustee and Treasurer of Aboitiz Foundation; (v) Director and Treasurer of Aboitiz InfraCapital, Inc., Aboitiz Airports Advisory Services Corporation, AEV CRH Holdings, Inc., AEV
Properties, Inc., Seateach Incorporated Aboitiz Impact Ventures, Inc.; (vi) Director and Vice President of AEV Aviation; (vii) Director of Pilmico Animal Nutrition Corporation, Pilmico Foods Corporation, Republic Cement and Building Materials, Inc., Union Bank of the Philippines, Cebu Praedia Development Corporation, AEV International Pte Ltd., Archipelago Insurance Pte Ltd.; and (viii) Alternate Director of Pilmico International Pte. Ltd. (Pilmico International), Pilmico Aqua Pte. Ltd. and AboitizPower International.

Mr. Lozano was First Vice President, Chief Financial Officer and Corporate Information Officer of AboitizPower from 2014 to 2015; and was First Vice President – Chief Financial Officer of AboitizPower Generation from 2008 to 2013. Before joining the Aboitiz Group, he was the Chief Financial Officer and a director of Paxys, Inc., a publicly listed company, focused on the business process outsourcing industry and other IT-related sectors within the Asia Pacific region. He was also a director of Corporate Finance and Investment at NGL Pacific Ltd., a Regional Operating Headquarter related to the Usaha Tegas group of Malaysia. He also held various positions in financial institutions including Jardine Fleming and CLSA.

He earned his Bachelor of Science in Business Administration degree from the University of thePhilippines – Diliman and his Master’s Degree in Business Administration from the Wharton School of the University of Pennsylvania, U.S.A. He is not connected with any government agency or instrumentality.

Mr. Robert McGregor is Executive Director – Chief Investments Officer of the Company since October 3, 2018. He is concurrently Executive Director – Chief Investments Officer of AboitizPower, a publicly listed company, a position he has held since June 1, 2018. He joined the Company as Senior Vice President – Chief Strategy Officer in May 2014 before his appointment as Executive Director – Chief Investments Officer in 2018.

Mr. McGregor brings with him a wealth of experience in management, investment banking and private equity investing with almost 39 years of experience in energy markets. He has extensive experience in corporate strategy, marketing and business planning in oil, gas and electricity industries in the United Kingdom. He moved to Hong Kong in 1997 and enjoyed an 11-year career in regional investment banking, before moving to Singapore to take up partnership in Actis, an emerging-market private equity firm.

In 2012, he returned to Hong Kong with Hongkong and Shanghai Banking Corporation as an investment banker. Mr. McGregor completed his Honours Degree in Applied Chemistry from The University of Strathclyde, United Kingdom and obtained his Master’s Degree in Business Administration from the same university.

He is not connected with any government agency or instrumentality. He is not a director of any publicly listed company.

Age: 68
Citizenship: Filipino
Date of First Appointment: May 10, 1999
Tenure: 22 years

Committee Memberships:

Chairman – Board Risk and Reputation Management Committee

Member    – Board Environmental, Social, and Corporate Governance Committee

– Board Executive Committee

– Board Cyber and Information Security Committee

Present Positions:

• Chairman of the Board – Aboitiz Equity Ventures Inc.*
• Vice Chairman of the Board of Directors – Aboitiz & Company, Inc.

Previous Positions:

• Vice Chairman of the Board of Directors – Aboitiz Power Corporation*

Educational and Professional Background:

• Bachelor of Science in Business Administration, Major in Economics, from Gonzaga University, Spokane, Washington, U.S.A.

Mr. Aboitiz is not connected with any government agency or instrumentality.

Age: 65
Citizenship: Filipino
Date of First Appointment: May 9, 1994
Tenure: 27 years

Committee Memberships:

– Member    – Board Audit Committee
– Board Risk and Reputation Management Committee
– Board Executive Committee

Present Positions:

• Director – Aboitiz Equity Ventures Inc.*
• Director – Endeavor Philippines
• Chairman of the Board of Directors – Union Bank of the Philippines*
• Board Observer – Aboitiz & Company*

Previous Positions:

• President and Chief Executive Officer – Aboitiz Equity Ventures Inc.* (2009 – 2019)
• Director / Chairman of the Board – Aboitiz Power Corporation*
• Executive Vice President and Chief Operating Officer – Aboitiz Equity Ventures Inc.* (1994 – 2008)
• Trustee – Philippine Disaster Recovery Foundation and Asian Institute of Management

Educational and Professional Background:

• Bachelor of Science Degree in Business Administration, Major in Accounting and Finance, from Gonzaga University, Spokane, Washington, U.S.A.
• Honorary Doctorate Degree in Management from the Asian Institute of Management.
• Awardee – Management Man of the Year by the Management Association of the Philippines (2011)
• Awardee – Entrepreneur of the Year by Ernst & Young (2011).

Mr. Aboitiz is not connected with any government agency or instrumentality.

Age: 57
Citizenship: Filipino
Date of First Appointment: May 21, 2018
Tenure: 4 years

Committee Memberships:
Chairman  – Board Executive Committee

Member    – Board Environmental, Social, and Corporate Governance Committee
– Board Risk and Reputation Management Committee

Present Positions:

• Director/President and Chief Executive Officer – Aboitiz Equity Ventures Inc.*
• Chairman of the Board – Aboitiz Power Corporation*, Aboitiz Foundation, Inc., Aboitiz Infracapital, Inc., Aboitiz Land, Inc., CRH Aboitiz Holdings, Inc., Filagri Holdings, Inc., Manila-Oslo Renewable Enterprise, Inc., Republic Cement Services, Inc., SN Aboitiz Power – Benguet, Inc.
• Director/President and Chief Executive Officer – Aboitiz & Company, Inc.*
• Chairman/Director/President and Chief Executive Officer – Aboitiz Renewables, Inc.
• Director/President – AEV CRH Holdings, Inc.
• Director – Aboitiz Construction International, Inc., Aboitiz Construction, Inc., AboitizPower International Pte. Ltd., AEV International Pte Ltd., Apo Agua Infrastructura, Inc., Lima Land, Inc., Pilmico Animal Nutrition Corporation, Pilmico Foods Corporation, Pilmico International Pte Ltd, Republic Cement & Building Materials, Inc., Therma Luzon, Inc., Therma South, Inc., Unity Digital Infrastructure Inc., Union Bank of the Philippines, Inc., and UnionDigital Bank, Inc.

Previous Positions:

• Executive Vice President and Chief Operating Officer – Aboitiz Equity Ventures Inc.* (2015 – 2019)
• Senior Vice President – Aboitiz Equity Ventures Inc.* (2015)
• First Vice President – Aboitiz Equity Ventures Inc.* (2014 – 2015)

Educational and Professional Background:

• Bachelor of Science Degree in Business Administration, Major in Finance from Gonzaga University, Spokane, U.S.A

Mr. Aboitiz is not connected with any government agency or instrumentality.

Age: 64
Citizenship: Filipino
Date of First Appointment: May 9, 1994
Tenure: 24 years (until 2017)

Committee Memberships:
Chairman  – Board Cyber and Information Security Committee
Member    – Board Executive Committee

Present Positions:

• Director – Aboitiz Equity Ventures Inc.*
• Chairman of the Board and/or Director – PETNET, Inc, City Savings Bank, Inc., Pilmico Foods Corporation, Concepcion Industrial Corporation*
• Chairman of the Board – Philippine Payments Management, Inc., Fintech Philippines Association, Inc., Distributed Ledger Technology Association of the Philippines, Inc., Union Digital Bank
• Vice Chairman – Union Bank of the Philippines*
• Board of Trustees – The Insular Life Assurance Co., Ltd., Philippine Trade Foundation, Inc.
• Member – Management Association of the Philippines, Makati Business Club, World Presidents Organization

Previous Positions:

• Director – Aboitiz Equity Ventures Inc.* (1994 – 2017)
• Member of Board Audit Committee – Aboitiz Equity Ventures Inc.*(2006 – 2017)
• Member of Board Risk and Reputation Management Committee – Aboitiz Equity Ventures Inc.*(2009 – 2017)
• Chairman and Chief Executive Officer – Union Bank of the Philippines* (1993 – 2017)
• Managing Partner-Global Finance Country Executive – Investment Banking – Citibank, N.A. (1990 – 1993)
• Country Executive-Investment Banking – Citibank, N.A. (1988 – 1990)
• Treasury Marketing Unit Head – Citibank, N.A. (1985 – 1988)
• Relationship Manager for various local, corporate multinational, and public sectors customers – Citibank, N.A. (1979 – 1985)
• Executive Assistant to Asia Pacific Human Resource Executive – Citibank, N.A. (1978 – 1979)
• Management Trainee – Citibank, N.A. (1977 – 1978)

Educational and Professional Background:

• Member of the Claustro de Profesores and Doctor of Humanities Degree (Honoris Causa) from the University of Santo Tomas (UST)
• Economics Honors Program (Magna Cum Laude) from Ateneo de Manila University.

Mr. Ortiz is not connected with any government agency or instrumentality.

Age: 67
Citizenship: Filipino
Date of First Appointment: May 15, 2017
Tenure: 4 years

Committee Memberships:

Member    – Board Risk and Reputation  Management Committee

– Board Executive Committee

Present Positions:

• Vice Chairman of the Board – Aboitiz Equity Ventures Inc.*
• Chairman of the Board of Directors – Aboitiz & Company, Inc.*
• Trustee and Chairman – Ramon Aboitiz Foundation, Inc.

Previous Positions:

• Vice Chairman of the Board – Aboitiz Power Corporation* (1998 – 2019)
• Vice Chairman of the Board – City Savings Bank, Inc. (2015 – 2016)
• President and Chief Executive Officer – City Savings Bank, Inc. (2001 – 2014)
• Senior Vice President – Aboitiz Equity Ventures Inc.* (2004 – 2015)

Educational and Professional Background:

• Bachelor of Science in Business Administration from Gonzaga University, Spokane, Washington, U.S.A.

Mr. Aboitiz is not connected with any government agency or instrumentality.