Aboitiz Equity Ventures Inc. is fully committed to comply with the Data Privacy Act of 2012 (Republic Act 10173). We abide by its Implementing Rules and Regulations through the data privacy and protection policies that we have adopted internally.
From time to time, it may be necessary for you to provide personal data in connection with your visits to our company website and portals, our offices, with your direct or indirect dealings with our Company, our officers and employees, and in your browsing activities through any of our website or mobile applications, as an investor, a shareholder, job applicant or in any relevant capacity.
As data subjects, you have the right to be informed whether your personal data shall be, are being, or have been processed, including whether the processing was done through an automated decision-making system or profiling activity.
You can find this information in a privacy statement. This document is a demonstration of the data privacy principle of transparency, upholds your right, and every data subject’s right to information. It serves as a statement to data subjects describing how the organization collects, uses, retains, and discloses personal information.
Keep in mind that a privacy notice is not equivalent to consent. While consent may not be required in certain instances when it is not relied on as the basis for processing personal data, a privacy notice is required at all times in order for data subjects to be informed of the processing of their personal data and their rights as data subjects.
You have the right to object to the processing of your personal data if the basis is consent or legitimate interest such as direct marketing, profiling, and automated processing purposes.
In case of any significant change or amendment to the information previously provided to you, you must be notified anew in a reasonable manner. You must also be given an opportunity to object and/or withdraw consent, if consent was previously given for the processing of personal data.
If you expressed your objection, the organization shall stop the processing of personal data and comply with the objection. However, despite your objection, the organization may have other valid grounds to continue processing your personal data. For example, the processing is mandated by law or required in a judicial proceeding. In such instances, the organization must inform the data subject of the lawful basis or compelling reason for the continued processing of their personal data.
You have the right to reasonable access and confirm whether or not data relating to you are being processed, and you may request information about any of the following:
You have the right to dispute the inaccuracy or error in your personal data and have the organization correct the same within a reasonable period of time. You also have the right to have incomplete personal data completed, including the means of providing a supplementary statement for the completion.
Note however that a request may be denied when obviously it is made with no real purpose other than to harass, cause annoyance, or hamper the delivery and performance of services of the organization.
You have the right to request for the suspension, withdrawal, blocking, removal, or destruction of your personal data from the organization’s filing systems.
This right may be exercised upon your discovery with substantial proof of any of the following:
1. The personal data is:
a) incomplete, outdated, false, or unlawfully obtained;
b) used for an unauthorized purpose;
c) no longer necessary for the purpose/s for which they were collected; or
d) concerns private information that is prejudicial to you, subject to certain exceptional circumstance allowed under privacy law;
2. You object to the processing of your personal data and no other laws allow the processing of your personal data;
3. The processing is unlawful; or
4. The organization violated any of your rights as a data subject.
AEV shall inform, in a reasonable manner, the current and previous recipients or third parties of your request and the erasure of your personal information. Where personal data that is the subject of your request for erasure is publicly available, AEV shall take reasonable and appropriate measures to communicate with other organizations responsible for making your personal information available to the public and request them to erase copies or remove search results or links to your personal data.
AEV assures you that you remain in full control of your data. You may obtain and electronically move, copy or transfer your data in a secure manner, for further use. This right enables the free flow of your personal information across the internet and organizations, according to your preference.
You may claim compensation if you suffered damages due to inaccurate, incomplete, outdated, false, unlawfully obtained or unauthorized use of personal data, considering any violation of your rights and freedoms as data subject.
When there is a perceived violation of your rights, you may file a complaint with the National Privacy Commission (NPC). Take note that you must communicate your privacy concern with the concerned organization first and try to resolve the issue prior to escalation to NPC.
In cases where you file a complaint for violation of your rights, and for any injury suffered as a result of the processing of your personal data, the NPC may award you indemnity for the damages you sustained.
Data Subject. You as the data subject may exercise your privacy rights.
Authorized Representative. You may also authorize another person or entity to facilitate the exercise of your rights with specific and documented authorization.
Lawful Heirs. Your lawful heirs may likewise exercise any of your rights, at any time after your death, or when you are incapacitated or incapable of exercising the same.
Generally, AEV will not charge any fee to fulfill the exercise of your rights, except when the request requires reasonable fees to cover administrative costs such as printing expenses, among others.
Requests shall be resolved within thirty (30) business days upon receipt of the accomplished request form. An extension of fifteen (15) business days may be given depending on the nature of the request i.e., complex or numerous. You or your authorized representative will be notified in case of extension and the reason for such.
AEV may deny or limit your requests if:
When your request is denied, you will be clearly and fully informed of the reason for the limitation or denial.
If you want to exercise your rights, you may download the forms applicable to your request:
You may send the accomplished request form to:
AEV Data Protection Officer
Ayala Triangle Gardens Tower 2, Paseo de Roxas, Corner Makati Avenue Bel-Air 1209, City of Makati NCR, Fourth District Philippines
aevdpo@aboitiz.com
Please use the following subject format:
(NAME OF RIGHT) – FULL NAME OF DATA SUBJECT/REQUESTOR
Example: RIGHT TO ERASURE OR BLOCKING-JUAN DELA CRUZ