2020 ASEAN Corporate Governance Scorecard

Level 2 PENALTIES CGS SECTIONS
E.2.1

Does the Company have any independent directors/commissioners who have served for more than nine years or two terms (whichever is higher) in the same capacity?

Response

NO. SMPC has three (3) IDs in 2020, and their cumulative tenure complies with the SEC's prescribed nine (9) year limit for Independent Directors (reckoned from 2012).

Good Governance Department

Joseph D. Susa
Tel: (+632) 8888-3942
Email: [email protected]