AyalaLand Logistics Holdings Corp. announced that Board of Directors ("Board"), at its regular meeting held December 14, 2023, approved the following: The election of Ms. Anna Ma. Margarita B. Dy as director replacing Mr. Jose Emmanuel H. Jalandoni to serve the unexpired term of Mr. Jalandoni, upon the endorsement of Corporate Governance and Nomination Committee and The election of Ms. Anna Ma.

Margarita B. Dy as Chairman of the Board and of Executive Committee replacing Mr. Bernard Vincent O. Dy, who will remain as a member of Board. Anna Ma. Margarita B. Dy, Filipino, 54, is a director and the President and Chief Executive Officer of Ayala Land Inc. (ALI) since October 1, 2023.

She has served as ALI's Executive Vice President since January 1, 2023 and Chief Operating Officer since April 26, 2023. She has been a member of ALI's Management Committee since August 2008. Ms. Dy also serves as the Chairman of AREIT Inc.; Head of the Residential Business Group and the Malls Group of ALI; and director and officer of various companies within the ALI Group.

She headed ALI's Strategic Landbanking Group for several years. Prior to joining ALI, she was a Vice President of Benpres Holdings Corporation. She graduated magna cum laude from Ateneo De Manila University with a degree of Bachelor of Arts in Economics (Honors Program) in 1990.

She earned her master's degree in Economics from London School of Economics and Political Science in 1991 and Master of Business Administration at Harvard Graduate School of Business Administration in Boston in 1996.