PTFC Redevelopment Corporation announced that at its Annual Meeting of the Stockholders held on 26 January 2023, elected Irene Joy Besido-Garcia, as independent directors of the company for the year 2023 to 2024. The company approved the Designation of Directors Bienvenido A. Tan III, Albert C. Eufemio, Rafael A. Dominguez and Adrian P. Juanengo, and Vice-President Ignacio Luis P. Tan as the members of the Registrant's Executive Committee, with Mr. Bienvenido A. Tan III as the Chairman and Mr. Albert C. Eufemio as the Vice-Chairman thereof. The company approved the designation of Directors Bienvenido A. Tan III, Emmeline S. Huang, and Consuelo N. Padilla as the members of the Registrant's Nomination and Election Committee, with Mr. Bienvenido A. Tan III as the Chairman thereof.

The company approved the designation of Directors Alonzo Q. Ancheta, Emmeline S. Huang, and Adrian P. Juanengo as the members of the Registrant's Audit Committee, with Mr. Alonzo Q. Ancheta as the Chairman thereof.