We advise that during the Board meeting held on November 2, 2022, the following matters were approved:
1. The resignation of Atty. Roberto V. San Jose as Corporate Secretary was accepted by the Board, and Atty. Maria Allen M. Arbis was elected as the new Corporate Secretary with immediate effect;
2. The resignation of Atty. Ana Maria A. Katigbak was accepted by the Board to take effect on November 16, 2022;
3. Atty. Kristine Evangelista was elected as Co-Assistant Corporate Secretary with immediate effect;
4. The deadline to pay the unpaid subscription balances under the Memorandum of Agreement dated October 29, 2020 was extended from October 29, 2022 to December 27, 2022. As previously disclosed on October 29, 2020, PHA and an investor group led by Mr. Marvin Dela Cruz entered into a Memorandum of Agreement for an equity infusion through a total subscription of 2,803,030,303 shares; and
5. The Annual Stockholders’ Meeting will be held on December 28, 2022, and the Record Date was fixed on November 17, 2022.
