E.2.1
Does the Nominating Committee comprise entirely of independent directors/commissioners?
Response
The Nomination and Election Committee (Nomelec) of the Company is composed of two (2) independent directors and one (1) non-executive director, namely:
1. Honorio O. Reyes-Lao (Independent)
2. Antonio Jose U. Periquet (Independent)
3. Jorge A. Consunji (non-executive director)