Erramon I. Aboitiz

Mr. Erramon I. Aboitiz has been a Director of the Company since 9 May 1994, a member of the Board Risk and Reputation Management Committee since 18 May 2015, a member of the Board Audit Committee since January 1 2020, and was Chairman of the Executive Committee from 21 May 2018 to 31 December 2019 and its Vice Chairman since 1 January 2020. He served as President and Chief Executive Officer of the Company from 5 January 2009 to 31 December 2019, and Executive Vice President and Chief Operating Officer from 1994 to December 2008.

Mr. Aboitiz is also the Chairman of the Board of Directors of Aboitiz Power Corporation and Union Bank of the Philippines (UnionBank), both publicly-listed companies, and Manila-Oslo Renewable Enterprise, Inc. He is a Director of ACO, and Trustee of the Philippine Disaster Recovery Foundation and the Asian Institute of Management. Mr. Aboitiz was awarded the Management Association of the Philippines Management Man of the Year and Ernst & Young’s Entrepreneur of the Year, both in 2011.

Mr. Aboitiz earned a Bachelor of Science degree in Business Administration, Major in Accounting and Finance, from Gonzaga University, Spokane, Washington, U.S.A. He was also conferred an Honorary Doctorate Degree in Management by the Asian Institute of Management. He is not connected with any government agency or instrumentality.