Vista Land & Lifescapes, Inc. at the organizational meeting of the Board of Directors, the following persons were nominated and elected as officers of the company: Manuel Paolo A. Villar Vice Chairman and Cynthia J. Javarez Treasurer, Chief Risk Officer. Management Committee shall be composed of the following officers of the company: Manuel Paolo A. Villar, Cynthia J. Javarez, Benjamarie Therese N. Serrano, Camille A. Villar and Brian N. Edang. In the same meeting, the following directors were nominated and elected as members of the following committees of the company: Manuel B. Villar, Jr. as Chairman of Nomination Committee, Frances Rosalie T. Coloma and Ruben O. Fruto (Independent Director) as Members of Nomination Committee; Manuel Paolo A. Villar as Chairman of Compensation and Remuneration Committee, Camille A. Villar and Marilou Adea (Independent Director) as Members of Compensation and Remuneration Committee; Marilou Adea (Independent Director) Chairman as Chairman of Audit Committee, Ruben O. Fruto (Independent Director) and Cynthia J. Javarez as Members Audit Committee; Ruben O. Fruto (Independent Director) as Chairman of Corporate Governance Committee, Marilou Adea (Independent Director) and Manuel B. Villar, Jr. as Members of Corporate Governance Committee; Marilou Adea (Independent Director) as Chairman of Board Risk Oversight Committee, Ruben O. Fruto (Independent Director) and Manuel Paolo A. Villar as Members of Board Risk Oversight Committee; Ruben O. Fruto (Independent Director) as Chairman of Related Party Transactions Committee, Marilou Adea (Independent Director) and Frances Rosalie T. Coloma as Members of Related Party Transactions Committee.