John Eric T. Francia

Chairman

Mr. Francia, 50, Filipino, is the Chairman of ACE Enexor, Inc.. He is also the President and Chief Executive Officer of ACEN (formerly AC Energy). Under his leadership, Ayala established its energy platform from a standing start in 2011, to become one of the largest renewable energy platforms in Southeast Asia, with 3,300 MW of attributable renewables capacity.

He is also a Managing Director and member of the Management Committee of Ayala Corporation since 2009, and was appointed as Chairman of Ayala’s Investment Committee in 2021. He is also a Director of various Ayala group companies including AC Infrastructure, AC Health, AC Ventures.

Mr. Francia earned a Master’s Degree in Management Studies at the University of Cambridge in the United Kingdom, graduating with First Class Honors. He received his undergraduate degree in Humanities and Political Economy from the University of Asia & the Pacific, graduating magna cum laude.

Rolando J. Paulino, Jr.

Director

Mr. Paulino, 49, Filipino, was elected on 1 January 2022 as Director and President of ACE Enexor, Inc. He has 27 years of international senior leadership experience in the energy sector and has worked in various sites in the United Kingdom, Malaysia, Australia, and the Philippines.

He previously served as the Vice President for Philippines Upstream and Managing Director of Shell Philippines Exploration BV. He has also been part of various boards including Pilipinas Shell Petroleum Corporation, Tabangao Realty Inc., Philippine Energy Independence Council, Petroleum Association of the Philippines, Malampaya Foundation, Inc. and Pilipinas Shell Foundation, Inc. He is currently the President of the Philippine Energy Independence Council and of the Petroleum Association of the Philippines. He is a Fellow of the Institute of Corporate Directors, Fellow of ASEAN Academy for Engineering and Technology, a trained Executive Coach, and a part-time Faculty of the UST Graduate School and of the DLSU College of Engineering.

Mr. Paulino completed his Master’s Degree in Business Administration from the Ateneo Graduate School of Business. He obtained his Bachelor of Science degree in Mechanical Engineering from the University of Santo Tomas, graduating cum laude.

Augusto Cesar D. Bengzon

Director

Mr. Bengzon, 58, Filipino, was elected as Director of the Company on 1 July 2019. He joined Ayala Land, Inc. (ALI) in December 2004 and currently serves as its Senior Vice President, Chief Finance Officer, Chief Compliance Officer and Treasurer. He is a Director of AREIT, Inc. and Treasurer of AyalaLand Logistics Holding Corp., the publicly listed subsidiary of ALI.

His other significant positions include: Chairman of Aprisa Business Process Solutions Inc., Anvaya Cove Beach and Nature Club, Inc., and Anvaya Cove Golf and Sports Club Inc.; Director and Chief Finance Officer of Altaraza Development Corporation; Director and Treasurer of ALI Eton Property Development Corp., Amaia Land Corp., Aurora Properties Inc., Avida Land Corp., Ayalaland-Tagle Properties, Inc., Ayala Property Management Corp., Bellavita Land Corp., BGNorth Properties Inc., BGSouth Properties Inc., BGWest Properties Inc., Ceci Realty Inc., Philippine Integrated Energy Solutions Inc., Serendra Inc. and Vesta Property Holdings Inc.; Director of Ayala Greenfield Development Corp., AG Counselors Corporation, Alviera Country Club Inc., Alveo Land Corp., Ayala
Land Premier Inc., Makati Development Corp., Nuevocentro Inc., Northgate Hotel Ventures, Inc., Portico Land Corp., Station Square East Commercial Corp. and Southcrest Hotel Ventures, Inc.; Treasurer of Alabang Commercial Corporation, AKL Properties, Inc. and Hero Foundation, Inc.; Trustee of the
Philippine National Police Foundation, Inc.; and Director ofthe Financial Executives Institute of the Philippines.

Mr. Bengzon received his Bachelor of Science degree in Business Management from Ateneo de Manila University and is a graduate of the Philippine Trust Institute. He was granted the Andres K. Roxas scholarship at the Asian Institute of Management where he received his Master’s Degree in Business Management.

Jaime Z. Urquijo

Director

Mr. Urquijo, 33, Filipino, was elected as Director of the Company on 1 July 2019. He is the Assistant Vice President of Business Development of the International Business unit of ACEN and a Director of ACE Endevor, Inc. Prior to this, he was a Strategy and Development Manager at Ayala Corporation.
From 2014 to 2016, he was seconded to AF Payments, Inc., where he served as head of Business Development overseeing the launch of the Beep Card payment system. Prior to joining the Ayala Group, he was an associate at JP Morgan in New York. He is a board member of the Philippine Rugby Football Union and is the current President of the Notre Dame Club of the Philippines.

Mr. Urquijo received his Bachelor of Arts degree in Political Science from University of Notre Dame, Indiana, USA, and obtained his Masters in Business Administration in INSEAD, France.

Jaime Alfonso E. Zobel de Ayala

Director

Mr. Zobel de Ayala, 31, Filipino, was elected as Director of the Company on 23 July 2019. He currently heads the Business Development and Innovation units of Ayala Corporation. He is also the Co-Deputy Head of Corporate Strategy Group. He is a member of the Board of Directors of Ayalaland Logistics, Corporation and MCT Berhad, publicly listed companies in the Philippines and Malaysia, respectively. He is also a Director of AC Ventures Corporation, BPI Capital Corporation, BPI Direct BanKo Inc. and AC Energy International, Inc.

He is the Chairman of Global Ideas Committee of the Makati Business Club and a member of the Investment Committee of the Kickstart Ventures Inc. Previously, he was Head of Business Development (Prepaid Division) of Globe Telecom. Before joining Ayala Group, he was an Analyst at Goldman Sachs Singapore under the Macro Sales Desk (FICC Division).

Mr. Zobel de Ayala obtained a Master’s Degree in Business Administration at Columbia Business School, New York, in 2019. He graduated from Harvard University with a Primary Concentration in Government in 2013.

Raphael Perpetuo M. Lotilla

Director

Atty. Lotilla, 62, Filipino, was elected as Independent Director of the Company on 17 September 2019 and has been and Independent Director of the Company since 2013. He also serves as an Independent Director of several private companies and Aboitiz Power Corporation, a publicly listed company. He was an Independent Director of Aboitiz Equity Ventures Inc., a publicly listed company, from 2012 to 2020. He served as Secretary of Energy from 2005 to 2007 and was a former Professor of Law at the University of the Philippines.

He has a varied experience in law, legislation, ocean law and marine affairs, energy, power sector reform, privatization, sustainable development, and justice and development. He is currently a member of the Board of Trustees of the Philippine Institute for Development Studies, and chairs the boards of the Asia-Pacific Pathways for Progress Foundation, Inc. He was Chairman of the Board of Trustees of the Center for Advancement of Trade Integration and Facilitation from 2014 to 2021.

Atty. Lotilla graduated from the UP College of Law in 1984 and earned his Master of Laws degree from the University of Michigan, Ann Arbor in 1988. He obtained his degrees in Bachelor of Science in Psychology in 1979, and Bachelor of Arts in History in 1980 from the UP College of Arts and Sciences in Diliman.

Ma. Aurora D. Geotina-Garcia

Director

Ms. Geotina-Garcia, 69, Filipino, was elected as Independent Director of the Company on 17 September 2019. She is President of Mageo Consulting Inc., a company providing business advisory and corporate finance consulting services. A Certified Public Accountant, she started her professional career at SGV & Co./Ernst & Young Philippines, where she led the Firm’s Global Corporate Finance Division. She is also currently an Independent Director of ACEN (formerly AC Energy) and Cebu Landmasters Inc. She is the first female Chairperson of the Bases Conversion and Development Authority (“BCDA”) ( 2015 -2016 ) , and was a Director in the following companies: BCDA (2011-2016), BCDA Management Holdings, Inc. (2011-2016), Fort Bonifacio Development Corporation (2011-2016), Heritage Park Management Corporation (2015-2016), Bonifacio Global City Estates Association, Inc. (2012-2016), Bonifacio Estates Services Corporation (2012-2016), HBC, Inc. (2012-2016), and Queen City Development (2009-2021). Ms. Garcia is a Fellow and Trustee of the Institute of Corporate Directors and a Trustee and the Vice Chairperson of the Shareholders Association of the Philippines. She is the Founding Chairperson and President of the Philippine Women’s Economic Network, and is the Chairperson of the NextGen Organization of Women Corporate Directors. She also Co-Chairs the Philippine Business Coalition for Women Empowerment and is co-convenor of Male Champions of Change Philippines. She is the former Co-Chair of
the ASEAN Women’s Entrepreneurs’ Network where she remains as one of the Philippine Focal Points. Ms. Garcia serves several women business organizations as a long-time Trustee in: Women’s Business Council Phils., Inc., Business & Professional Women’s, Makati (BPW), and the Samahan ng Pilipina para sa Reporma at Kaunlaran (Spark! Philippines).

Ms. Geotina-Garcia received a Bachelor of Science degree in Business Administration and Accountancy from the University of the Philippines in 1973. She completed her Master of Business Administration from the same university in 1978.

Alberto A. Lim

Director

Mr. Lim, 72, Filipino, was elected as Independent Director of the Company on 17 September 2019. He is also the President of the Culion Foundation, Inc., and the Chairman of the El Nido Foundation, Inc. He was a former director of the Development Bank of the Philippines, and the Chairman of the DBP Leasing Corporation. He was a former executive director of the Makati Business Club and served as the Secretary of Tourism from 30 June 2010 to 12 August 2011.

Mr. Lim holds a Master’s Degree in Business Administration from the Harvard Business School, a Master’s Degree in Public Administration from the Kennedy School of Government, Harvard University, and a Bachelor’s Degree in Economics from the Ateneo de Manila University.

Mario Antonio V. Paner

Director

Mr. Paner, 63, Filipino, was elected as Independent Director of the Company on 19 April 2021. He is also an Independent Director of ALFM effective January 2022. He was an Independent Director of ACEN, a publicly listed company, from 20 April 2020 to 19 April 2021. He was previously the Treasurer and head of BPI’s Global Markets Segment, responsible for managing the Bank’s interest rate and liquidity gaps, as well as its fixed income and currency market-making, trading, and distribution activities– in the Philippines and abroad. He was Chairman of the BPI’s Asset & Liability Committee and was a member of the Management Committee and Asset Management Investment Council. He also served on the board of BPI Europe Plc. He joined BPI in 1985, when it acquired Family Savings Bank and performed various Treasury and Trust positions until 1989. Between 1989 and 1996, he worked at Citytrust, then the consumer
banking arm of Citibank in the Philippines, which BPI acquired in 1996. At BPI, he was responsible for various businesses of the bank, including Risk Taking, Portfolio Management, Money Management, Asset Management, Remittance and Private Banking. He served as President of the Money Market Association of the Philippines (MART) in 1998 and was the Vice Chairman of the Bankers Association of the Philippines’ (BAP) Open Market Committee until 2019. He was
also a member of the Makati Business Club, Management Association of the Philippines, British Chamber of Commerce, and the Philippine British Business Council. He is currently active in FINEX and the Institute of Corporate Directors.

In 2009, Mr. Paner completed the Advanced Management Program at Harvard Business School. He completed various courses in Business and Finance, including Strategic Financial Management in 2006 at Ateneo de Manila University, where he obtained an A.B. Economics degree in 1979.