Acen Corporation approved at the special board meeting held on 28 September 2022 election of (i) Mr. Delfin L. Lazaro as director to replace Mr. Fernando Zobel de Ayala to serve his unexpired term; and (ii) Mr. Jaime Alfonso Antonio Zobel de Ayala as director to replace Jaime Augusto Zobel de Ayala to serve his unexpired term; Appointment of (i) Mr. Delfin L. Lazaro as Chairman of the Board and Chairman of the Executive Committee; (ii) Mr.
Cezar P. Consing as Vice-Chairman of the Board and Vice-Chairman of the Executive Committee; and (iii) Mr. Jaime Alfonso Antonio Zobel de Ayala as a member of the Executive Committee.