The Board of Directors of EEI Corporation held its regular meeting held on March 17, 2023. Mr. Roberto Jose L. Castillo, President and CEO, announced that he will be retiring as President and CEO of the Company effective April 30, 2023. Mr. Castillo will continue to serve as member of the Board of Directors.

The Board of Directors proceeded to elect Mr. Henry D. Antonio to serve as President and CEO effective May 1, 2023. Mr. Antonio is the Chief Operating Officer of the Company and brings with him over 25 years of consulting experience in business transformation as well as risk and restructure management. Prior to joining the Company, he oversaw all enterprise projects in Rizal Commercial Banking Corporation (RCBC).

Before his tenure with RCBC, he was Vice Chairman and Head of Advisory for KPMG. He also served as CFO of PruLife UK and as Head of Risk of Aegon USA. Mr. Antonio holds a Bachelor's Degree in Accountancy from the University of San Diego and a Strategic Management - C25 Certificate from INSEAD/Wharton.