SM Investments Corporation at its board meeting held on April 27, 2016. In the meeting Henry Sy, Sr., Teresita T.Sy, Henry T. Sy, Jr., Harley T. Sy, Jose T. Sio as Directors and Ah Doo Lim, Joseph R. Higdon, Tomasa H. Lipana as Independent Directors. The company appointed Henry Sy, Sr. as Chairman, Teresita T.Sy as Vice chairman, Henry T. Sy, Jr as Vice chairman, Harley T. Sy as President, Jose T. Sio as Executive Vice president and Chief Financial Officer, Frederic C. DyBuncio as Executive Vice president, Elizabeth Anne C Uychaco SVP Corporate Services, Atty.

Marianne M. Guerrero SVP Legal, Franklin C. Gomez as SVP Finance, Marcelo C Fernando Jr as SVP Group Treasury, Cecilia Reyes Patricio as SVP Corporate Tax services, Corazon P Guidote as SVP Investor Relations and Wilson H Go as SVP Information Technology. The company appointed Elizabeth T Sy, Hans T Sy, Herbert T Sy, Stephen CuUnjieng, Atty. Corazon I Morando, Roberto G Manabt, Atty.

Serafin U Salvador Jr as Board of Directors. The company appointed Teresita T.Sy as Chairperson of Executive Committee, Herbert T Sy, Jose T Sio, Frederic C. DyBuncio as members of Executive Committee. The company appointed Tomasa H. Lipana as Chairman of Audit Committee, Ah Doo Lim, Teresita T Sy as Members of Audit Committee and Jose T Sio as Advisor of Audit Committee.

The company appointed Tomasa H Lipana as Chairman of Risk Management Committee, Ah Doo Lim, Teresita T Sy as Members of Risk Management Committee and Jose T Sio as Advisor of Risk Management Committee. The company appointed Teresita T Sy as Chairman of Compensation and Remuneration Committee, Jose T Sio, Tomasa H. Lipana as Members of Compensation and Remuneration Committee. The company appointed Joseph R Higdon as Chairman, Ah Doo Lim, Tomasa H Lipana as Members of Nomination Committee.

The company appointed Jose T Sio as Corporate Information Officer and Franklin C Gomez as Alternate Corporate Information Officer, Corazon I Morando as compliance officer, Elmer B Serrano as Corporate Secretary and Marianne M Guerrero as Assistant Corporate Secretary.