Aboitiz Equity Ventures, Inc. announced on the retirement of Ms. Susan V. Valdez as the Company's Senior Vice President and Chief Corporate Services Officer filed in compliance with the Securities Regulation Code, its 2015 Implementing Rules and Regulations, the Revised Disclosure Rules of the Philippine Stock Exchange (PSE), and the Issuer Disclosure Operating Guidelines of the Philippine Dealing Exchange Corp. (PDEx). Effective Date or Resignation is DECEMBER 31, 2023.

The Board of Directors also appointed the following individuals as ex-officio members of the Board Committees effective January 1, 2024: Ms. Santanina Apolinaria B. Castro as ex-officio member of the Environment Social and Corporate Governance Committee to replace Susan V. Valdez; Mr. Jose Emmanuel U. Hilado as ex-officio member of the Cyber and Information Security Committee to replace Susan V. Valdez; and Mr. Samel A. Aboitiz as ex-officio member of the Board Risk and Reputation Committee, to replace Ms. Christine Kempeneers.