Independent Director

Dr. CIELITO F. HABITO, Filipino, 70, was elected as an Independent Director of the Company on April 23, 2024. He is currently a member of the Corporate Governance Committee and Executive Compensation Committee.

Dr. Habito is the former Secretary of Socioeconomic Planning and Director-General of the National Economic and Development Authority. He is a Professor of Economics at the Ateneo de Manila University. He currently heads the USAID Trade-Related Assistance for Development (TRADE) Project. He is also a member of the Advisory Committee of the Japan International Cooperation Agency since 2013.

He has been an Independent Director of First Gen Corporation since 2016 and Sun Life Prosperity Funds since 2019. He is a member of the Board of Governors of Economic Research Institute for ASEAN and East Asia from 2021, Management Association of the Philippines from 2022, and the Board of Trustees of Ramon Magsaysay Awards Foundation since 2018.

Dr. Habito holds Bachelor of Science Degree in Agriculture from the University of the Philippines Los Baños, Master of Economics from the University of New England (Australia), and a Ph.D. in Economics and Master of Arts in Economics from Harvard University.