Board Committee Members

The current principal executive officers of the Company are:

NAME POSITION
Ferdinand B. Masi Chairman & President (CEO)
Neoli Mae L. Kho Treasurer
Rolando D. Siatela Corporate Secretary and
Corporate Information Officer
Maria Carla T. Uykim Asst. Corporate Secretary and
Asst. Corporate Information Officer
Maria Cristina D. Gonzales Compliance Officer

The principal executive officers of the Company and members of the Company’s Board of Directors did not receive any compensation from the Company for years 2019 and 2018 and neither will there be any compensation for the ensuing year. There are no arrangements in force pursuant to which the officers and directors of the Company are compensated, or are to be compensated, directly or indirectly, for any services provided as such officer or director. There are no standard arrangements pursuant to which directors of the Company are compensated, or are to be compensated, directly or indirectly, for any services provided as a director, including any additional amounts payable for committee participation or special assignments, for the years 2019 and 2018 and for the ensuing year.

There are no other arrangements, including consulting contracts, pursuant to which any director of the Company was compensated, or is to be compensated, directly or indirectly, for the years 2019 and 2018 and for the ensuing year, for any service provided as a director. No employment contracts, termination of employment, or change in control arrangements, were affected for the applicable fiscal year.

No warrants or stock options are held by the Company’s CEO, its named executive officers or directors for years 2019 and 2018 nor are there plans for extending warrants or options for the ensuing year.