Meetings and Attendance

The Board meets at least six times every year. Board materials are made available to the directors at least five working days in advance of the scheduled meeting. Discussions during board meetings are open and independent views are given due consideration. Average attendance in the Board’s six meetings in 2014 was 100%.

The meetings of the board of directors are scheduled at the beginning of the year. The independent and non-executive directors of the Corporation meet at least once a year without the presence of any executive director and/or management. 

In 2014, the Board and each of its committees reported the following attendance in their respective meetings:

  

                        BOARD MEETING: 

Office Name of Director Date of Election No. of Meetings Held/Attendance %
Chairman (ED) Jaime Augusto Zobel de Ayala April 10, 2015 6/6 100%
Member (ED) Fernando Zobel de Ayala April 10, 2015 6/6 100%
Member (NED) Yoshio Amano April 10, 2015 6/6 100%Y
Member (NED) Delfin L. Lazaro April 10, 2015 6/6 100%
Member (ID) Xavier P. Loinaz April 10, 2015 6/6 100%
Member (ID) Antonio Jose U. Periquet April 10, 2015 6/6 100%
Member (ID) Ramon R. del Rosario, Jr. April 10, 2015 6/6 100%

 

                        EXECUTIVE COMMITTEE MEETING:

Office Name of Director Date of Appointment Attendance %
Chairman Jaime Augusto Zobel de Ayala May 10, 1996 0/0 -
Member Fernando Zobel de Ayala May 10, 1996 0/0 -
Member Yoshio Amano May 10, 1996 0/0 -

 The actions of the Executive Committee may also be taken by written consent (in physical, electronic or digital format) by majority of the members when deemed necessary or desirable by the Committee or its Chairman. 

 

                       AUDIT COMMITTEE MEETING:

Office Name of Director Date of Appointment Regular Meeting Attendance Special Meeting Attendance %
Chairman Xavier P. Loinaz April 3, 2009 5/5 2/2 100%
Member Yoshio Amano April 20, 2012 5/5 2/2 100%
Member Ramon R. del Rosario, Jr. April 16, 2010 5/5 2/2 100%
 

                      NOMINATION COMMITTEE MEETING:

Office Name of Director Date of Appointment Attendance %
Chairman Ramon R. del Rosario, Jr. April 18, 2011 3/3 100%
Member Jaime Augusto Zobel de Ayala April 4, 2008 3/3 100%
Member Fernando Zobel de Ayala March 26, 2004 3/3 100%
Member Yoshio Amano April 20, 2012 3/3 100%

  

                      PERSONNEL AND COMPENSATION COMMITTEE MEETING

 

Office Name of Director Date of Appointment Attendance %
Chairman Ramon R. del Rosario, Jr.  April 16, 2010 2/2 100%
Member Delfin L. Lazaro March 30, 2007 2/2 100%
Member Yoshio Amano April 20, 2012 2/2 100%

,                    

                      FINANCE COMMITTEE MEETING:

Office Name of Director Date of Appoinment Attendance %
Chairman Delfin L. Lazaro April 16, 2010 4/4 100%
Member Antonio Jose U. Periquet April 18, 2011 4/4 100%
Member  Jaime Augusto Zobel de Ayala May 29, 2012 3/4 100%

 

                      RISK MANAGEMENT COMMITTEE MEETING:

Office Name of Director Date of Appointment Attendance %
Chairman Antonio Jose U. Periquet September 1, 2014 1/1 100%
Member Yoshio Amano September 1, 2014 1/1 100%
Member Ramon R. del Rosario, Jr. September 1, 2014 1/1 100%

 

                      COMMITTEE OF INSPECTORS of PROXIES and BALLOTS MEETING:

Office Name of Director Date of Appointment Attendance %
Chairman Solomon M. Hermosura April 16, 2010 1/1 100%
Member Catherine H. Ang April 11, 2014 1/1 100%
Member Josephine G. de Asis April 19, 2013 1/1 100%



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