Belle Corporation in its meeting held on May 30, 2019, the Corporation's Board of Directors, acting on the recommendation of the Corporate Governance Committee, unanimously elected Mr. Ricardo L. Moldez as a new member of the Board. Mr. Moldez will be assuming the vacant position in the Board created upon the resignation of Ms. Aurora C. Ignacio. The election of Mr. Moldez will be effective May 30, 2019. Mr. Ricardo L. Moldez, 71, is designated as Chairperson of the Social Security Commission (SSC) Committee on Coverage, Collection and Other Related Matters, Vice Chairperson of the SSC Governance, Organization and Appointments and Risk Management Committees, and member of the SSC Audit and Information Technology Committees. Mr. Moldez was a former Director of the IBP-Rizal Chapter and the IBP-PPLM Chapter. He was also a President of the Muntinlupa Bar Association Inc. and Law Class of 1971 at the Lyceum of the Philippines.