Benguet Corporation in its meeting of the Board of Director held on March 18, 2021, the following matters were taken up and approved. The Board elected Atty. Lina G. Fernandez as President effective March 18, 2021 to replace Mr. Lester C. Yee for Class B share. Before her election/appointment, Atty Fernandez served as one of the designated officers-in-charge of the company from October 18, 2018 to the present, and concurrently Senior Vice President for Finance and Comptroller since March 21, 2018.