Emperador Inc. approved the election of Alejo L. Villanueva Jr. as chairman of Audit Committee, Corporate Governance Committee and Related Party Transaction Committee and member of Board Risk Oversight Committee, Enrique M. Soriano III as Chairman of Board Risk Oversight Committee and Member of Audit Committee, Corporate Governance Committee and Related Party Transaction Committee, Andrew L. Tan as Member of Audit Committee and Related Party Transaction Committee and Kendrick Andrew L. Tan as Member of Corporate Governance Committee and Board Risk Oversight Committee in the organizational meeting held on May 15, 2017.