The Philodrill Corporation announced that at its annual general meeting held on June 21, 2017, approved and designated the following committee chairman and members: Corporate Governance & Nominations Committee: Chairman: NICASIO I. ALCANTARA, Independent Director, and Members: HONORIO A. POBLADOR III, Independent Director, ALFREDO C. RAMOS, Director, CHRISTOPHER M. GOTANCO, Director, GERARD ANTON S. RAMOS, Director. Compensation & Remuneration Committee: Chairman: HONORIO A. POBLADOR III, Independent Director, Members: NICASIO I. ALCANTARA, Independent Director, ALFREDO C. RAMOS, Director, and REYNALDO E. NAZAREA, Director. Audit Committee: Chairman: HONORIO A. POBLADOR III, Independent Director, Members: NICASIO I. ALCANTARA, Independent Director, ADRIAN S. RAMOS, Director, and CHRISTOPHER M. GOTANCO, Director. Compliance/Corporate Governance, anti-Money Laundering officer: JOSEPHINE L. ILAS. Internal Auditor/Chief Audit Officer: VIOLETA B. DE LEON. Chief Risk Officer: ISABELITA L. MATELA This formal writ en advice is submitted in compliance with the rules and regulations of the Philippine Stock Exchange.