Board Remuneration Statement Policy

Key Principles and Practices

1. Transparency

In accordance with the Philippine Stock Exchange (PSE) and Securities and Exchange Commission (SEC) corporate governance and disclosure rules, we ensure transparent reporting of directors remuneration.

2. No Self-Voting

Directors abstain from deliberating or voting on matters involving their own remuneration to prevent conflicts of interest and uphold the integrity of Board
decisions

3. Benchmarking and Competitiveness.

Fees are benchmarked against other Philippine publicly listed companies to ensure fairness and market alignment and subject to review.

4. Proportionality of Duties

Director remuneration reflects the scope, complexity, and accountability of their roles. Tiered compensation may be granted to the Chairperson of the Board, Committee Chairpersons, and members of key Board Committees in recognition of their greater oversight responsibilities, time commitment, and contribution to effective governance