JUAN B. SANTOS, Filipino, 85, was elected as an Independent Director in April 2018 and was appointed as Lead Independent Director in June 2021. He is currently the Chairman of the Audit and Related Party Transactions Committee and a member of the Executive Committee.

He is an Independent Director of Rizal Commercial Banking Corporation and Lead Independent Director of House of Investments, Inc. He is a Director of Sunlife Grepa Financial, Inc., and Allamanda Management Corporation. He is a Member of the Advisory Board of Mitsubishi Motors Phils. Corp. and East-West Seeds Co and a member of the Board of Trustee of St. Luke’s Medical Center.

Mr. Santos’ past executive positions and directorships include: Chairman of Social Security System; Secretary of Trade and Industry, Philippines; Chairman and CEO of Nestle Philippines, Singapore and Thailand; Director of Philex Mining Corporation, Philippine Long Distance Telephone Company and San Miguel Corporation.

Mr. Santos graduated with a Bachelor of Science in Business Administration degree from ADMU, took up Advanced Management at the International Institute of Management Development (IMD), Lausanne, Switzerland and postgraduate studies on Foreign Trade from Thunderbird School of Global Management in Arizona, USA. In 2023 he attended the Annual Corporate Governance Seminar conducted by SEC-accredited training provider Center for Global Best Practices, the Regulation on the Disclosure of Beneficial Ownership by the Securities and Exchange Commission and the Corporate Governance Workshop, Annual Corporate Governance Training, Microsoft on Generative AI and ESG Best Practices for Business Innovation. He also attended the PHINMA Group Annual Corporate Governance Enhancement Session on October 2, 2023 on Data Analytics and Artificial Intelligence (AI), Workplace Reimagined and Overview of Corporate Governance conducted by SGV & Co.