Universal Robina Corporation at its Organizational Meeting of the Board of Directors held on May 30, 2018, approved the appointment of John L. Gokongwei, Jr., Lance Y. Gokongwei, Patrick Henry C. Go and Johnson Robert G. Go, Jr. as members of Executive Committee and appointment of James L. Go as Chairman of Executive Committee. The company approved the appointment of James L. Go, Lance Y. Gokongwei, Johnson Robert G. Go, Jr., Irwin C. Lee and Cesar V. Purisima as members of Audit Committee and appointment of Wilfrido E. Sanchez as Chairman of Audit Committee. The company approved the appointment of James L. Go, Johnson Robert G. Go, Jr., Irwin C. Lee and Wilfrido E. Sanchez as members of Corporate Governance Committee and appointment of Lance Y. Gokongwei as Chairman of Corporate Governance Committee. The company approved the appointment of James L. Go, Johnson Robert G. Go, Jr., Irwin C. Lee, Cesar V. Purisima as members of Board Risk Oversight Committee and appointment of Lance Y. Gokongwei as Chairman of Board Risk Oversight Committee. The Board of Directors approved the creation of an Advisory Board of URC. Mr. Pascual S. Guerzon was appointed a member of the Advisory Board of URC.