Gerardo Ablaza, Jr.

Chairman

Mr. Ablaza is a director in publicly listed companies Advanced Info Services, PLC (Thailand), iPeople, and Roxas and Company. He is also a director in other Philippine corporations operating in the fields of retail banking, property development, education, infrastructure, and health. He is also a member of the board of trustees in a number of non-profit foundations engaged in social initiatives, namely Ayala Foundation, BPI Foundation, and Gawad Kalinga Foundation. He previously served as director of the Company from 1 July 2019 until 18 March 2021.

Mr. Ablaza retired from full-time executive work in 2017, after performing various corporate executive roles over a period of 43 years. His experience spanned a variety of industries: FMCG, agribusiness, retail banking, telecommunication and water distribution. He served as president and CEO of Manila Water from June 2010 to April 2017. Prior to this, Gerry was the chief operating officer of Globe Telecom in 1997, and its president and CEO from 1998 to April 2009.

He graduated as summa cum laude and obtained his degree in Liberal Arts (Honors Accelerated Program), major in Mathematics from the De La Salle University.

John Eric Francia

Vice Chairman

Mr. Francia is the Vice Chairman of ENEX Energy Corp. He is the President and CEO of ACEN Corporation and serves on its board of directors. He is also a Senior Managing Director and member of the Management Committee of Ayala Corporation. Under his leadership, Ayala established its energy platform from a standing start in 2011, to become one of the largest renewable energy platforms in the region, with ~4,800 MW of attributable renewables capacity across Asia Pacific.

Mr. Francia has also led pioneering initiatives in early coal retirement, including the successful completion of the world’s first market-based Energy Transition Mechanism (ETM).

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.

Alberto de Larrazabal

Director

Mr. de Larrazabal is a Senior Managing Director, Chief Finance Officer, Chief Risk Officer, Chief Sustainability Officer, and Finance Group Head of Ayala Corporation since 23 April 2021. He is also a Director of publicly listed companies, namely Integrated Micro-Electronics, Inc. and Manila Water Company, Inc. He is the Chairman, President and CEO of AC Ventures Holdings Corp., Chairman of Darong Agricultural and Development Corporation and LiveIt Investments Limited; President and CEO of AYC Finance Limited, and Bestfull Holdings Limited; Vice Chairman of Lagdigan Land Corporation; President of Liontide Holdings, Inc. and of Philwater Holdings Company, Inc.; CEO of Azalaea International Venture Partners Limited, Director of Ayala Hotels, Inc., AC Infrastructure Holdings Corporation, AC Energy and Infrastructure Holdings, Inc., Ayala Healthcare Holdings, Inc., AC Energy International, Inc., AC Industrial Technology Holdings, Inc., Affinity Express Holdings Limited, Ayala Aviation Corporation, Asiacom Philippines, Inc., Ayala Group Legal, Michigan Holdings, Inc., A.C.S.T Business Holdings, Inc., Merlin Solar
Technologies, Inc., Pioneer Adhesives, Inc., BF Jade E-Services Philippines, Inc., Cartera Interchange Corporation, AC International Finance Limited, AYC Holdings Limited, AG Holdings Limited, Fine State Group Limited, AG Region Pte. Ltd., Ayala International Holdings Limited, Ayala International Pte. Ltd., Strong Group Limited, Total Jade Group Limited, VIP Infrastructure Holdings Pte. Ltd., Purefoods International Limited (“PFILNA”) and AI North America, Inc. He has over two decades of extensive experience as a senior executive in Finance, Business Development, Treasury Operations, Joint Ventures, Mergers and Acquisitions, as well as Investment Banking and Investor Relations. Prior to joining Ayala Corporation, Albert served as Chief Commercial Officer and Chief Finance Officer of Globe Telecom, a business unit of Ayala Corporation. Before he joined Globe Telecom, he held positions such as Vice President and CFO of Marsman Drysdale Corporation, Vice President and Head of the Consumer Sector of JP Morgan, Hong Kong, and Senior Vice President and CFO of San Miguel Corporation.

Mr. de Larrazabal obtained his Bachelor of Science degree in Industrial Management Engineering from De La Salle University.

Miguel De Jesus

Director

Mr. De Jesus is the Chief Operating Officer of ACEN’s Philippine Operations. Prior roles included leading ACEN’s solar developments in Vietnam, pioneering ACEN’s retail electricity business, and managing ACEN’s first operating wind assets in the Philippines.

Before joining ACEN, Miguel practiced law, specializing in energy and project finance.

Mr. De Jesus holds an M.A. in philosophy from Ateneo de Manila and is also an alumnus of Harvard Business School's Advanced Management Program. He holds a bachelor of laws degree (cum laude) from the University of Philippines.

Hannielynn Tucay

Director

Ms. Tucay is the Chief Finance Officer and Treasurer of ENEX Energy Corp. She is concurrently the CFO and and Head of Business Development of ACE Thermal, Inc. (to be renamed as Klima 1.5 Corp.). She is a director and former General Manager of ACE Shared Services, Inc. She was the former Head of Corporate Finance of ACEN. She was also the former Controller and FP&A Head, of ACEIC, and former Finance Head of ACEIC’s Retail Business Unit.

Prior to joining ACEN, she was the former Deputy CFO and FP&A Head of ALI Capital Corp. She has over 20 years’ experience in various finance roles in companies including the Ayala Land Group, Roche Diagnostics, Diageo, and Punongbayan and Araullo.

Ms. Tucay is a Certified Public Accountant. She graduated from the University of Baguio with a degree in Accountancy.

Ma. Aurora Geotina-Garcia

Independent Director

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

Alberto Lim

Independent Director

Mr. Lim 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.

Melinda Ocampo

Independent Director

Ms. Ocampo is an independent director of the Company. She served as President of the Philippine Electricity Market Corporation (“PEMC”), a nonstock, non-profit private organization that governs the country’s wholesale electricity spot market, from 27 March 2009 until 31 July 2017. Her experience includes developing energy policies and programs as Undersecretary of the Department of Energy from May 2005 to December 2007. She was also involved in electric utility system regulation, planning and technical feasibility of electric power generation, transmission and distribution systems including granting of electric franchises to both electric cooperatives and private distribution utilities. She has extensive knowledge of energy regulation including petroleum and electricity pricing and competition rules and has provided consulting services to legislators on electricity pricing, particularly on the power purchased adjustments. She was also a consultant in the World Bank’s project on Electric Cooperatives system loss reduction program and to the USAID under the Asia Foundation in its project to introduce the open access and competition in the coverage of Philippine Economic Zone (PEZA). She was a board member (February 1996 to June 1998) and Chairman (August 1998 to August 2001) of the Energy Regulatory Board (now Energy Regulatory Commission). She served as a division chief (October 1979 to November 1988) and a director (December 1988 to February 1996) of the National Electrification Administration.

Ms. Ocampo received her MBA from the University of the Philippines, Diliman, Quezon City, and obtained her Bachelor of Science degree in Commerce, Major in Accounting, from the Republic Central Colleges, in Angeles City, Pampanga, in 1977. She is a certified public accountant.

Mario Antonio Paner

Independent Director

Mr. Paner 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.