Philex Mining Corporation at its Organizational Meeting of the Board of Directors held on 22 June 2023, appointed Ricardo S. Dolipas II as Vice President - Padcal Operations; Romeo B. Bachoco as Chief Risk Officer and Geraldine B. Ateo-an as Chief Audit Executive. The company also announced appointments to the committees: Board Risk Oversight Committee: Rolando L. Macasaet as Member. Corporate Governance Committee: Rolando L. Macasaet as Member.

Compensation Committee: Richard P. C. Chan as Member. Nominations Committee: Joseph H. P. Ng and Santiago Dionisio A. Agdeppa as Member. Finance Committee: Joseph H. P. Ng as Chairman and Santiago Dionisio A. Agdeppa as Member.

Composition of committees as follows Audit Committee: Oscar J. Hilado, Chairman (Independent Director); Wilfredo A. Paras (Independent Director); Marilyn A. Victorio-Aquino; Joseph H. P. Ng and Anita Bumpus Quitain. Board Risk Oversight Committee: Oscar J. Hilado, Chairman (Independent Director); Wilfredo A. Paras (Independent Director); Marilyn A. Victorio-Aquino; Joseph H. P. Ng and Rolando L. Macasaet. Related Party Transactions Committee: Wilfredo A. Paras, Chairman (Independent Director); Oscar J. Hilado (Independent Director) and Marilyn A. Victorio-Aquino.

Corporate Governance Committee: Marilyn A. Victorio-Aquino, Chairman; Oscar J. Hilado (Independent Director); Wilfredo A. Paras (Independent Director) and Rolando L. Macasaet. Compensation Committee: Wilfredo A. Paras, Chairman (Independent Director); Oscar J. Hilado (Independent Director); Richard P. C. Chan and Anita Bumpus Quitain. Nominations Committee: Manuel V. Pangilinan, Chairman; Wilfredo A. Paras (Independent Director); Marilyn A. Victorio-Aquino; Joseph H. P. Ng and Santiago Dionisio A. Agdeppa.

Finance Committee: Joseph H. P. Ng, Chairman; Oscar J. Hilado (Independent Director); Eulalio B. Austin, Jr.; Marilyn A. Victorio-Aquino and Santiago Dionisio A. Agdeppa.