E.2.26
Does at least one of the independent directors/commissioners of the committee have accounting expertise (accounting qualification or experience)?
Response
YES. The Chairman of the Audit Committee, Mr. Honorio Reyes-Lao (independent director), is a holder of Bachelor of Science degree in Commerce, Major in Accounting, from the De La Salle University. He worked as head of accounting department in a bank in his early working years.
References:
1. Website/Our Company/Our Board of Directors
2. 2015 Consolidated Changes to the Annual Corporate Governance Report - Pages 37-38