2020 ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
E.2.15

Is the chairman of the Remuneration Committee an independent director/commissioner?

Response

YES. On May 6, 2019 the Corporate Governance Committee inherited the functions & responsibilities of the Compensation and Remuneration Committee as aligned with the SEC Code of Corporate Governance. The incumbent Chairman of the Corporate Governance Committee is Mr. Honorio O. Reyes-Lao, an independent director.                                  

Good Governance Department

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