DMCI Corporate ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS

Rights of Shareholders

Equitable Treatment of Shareholders

Role of Stakeholders

Disclosure and Transparency

Responsibilities of the Board

D.2.5

Does the company's annual report disclose: Dividend policy

Response

YES. The Company discloses the dividend policy in the SEC 17-A Annual Report through the Annual Corporate Governance Report and posted in the website.

References:

1. 2015 Consolidated Changes to the Annual Corporate Governance Report (ACGR) - Page 21

2. Website - Corporate Governance/Company Policies

3. SEC Form 17-A, Part IV, Annual Corporate Governance Report, Page 19

Reference Link

http://www.dmciholdings.com/uploads/disclosures/17-A/DMCIHI 022 SEC Form 17-A Consolidated_April 23.pdf

http://www.dmciholdings.com/uploads/corporate_governance/DIVIDEND POLICY_Final May 15 2014.pdf

http://www.dmciholdings.com/uploads/corporate_governance/ACGR/DMCIHI_004 2015 Consolidated Changes in ACGR_Jan 11.pdf