IPM Holdings, Inc. announced that at its annual stockholders' meeting held on October 31, 2023, The Board then appointed the following directors as members of the Board Committees: Audit Committee: Chairman: Alfredo P. Javellana II (Independent Director), Members: David L. Kho (Independent Director), Francis Neil P. Mercado, Antonio Victoriano F. Gregorio III. Nomination Committee: Chairman: Isabelita P. Mercado, Members: Alfredo P. Javellana II (Independent Director), Francis Neil P. Mercado. Compensation Committee: Chairman: Francis Neil P. Mercado, Members: David L. Kho (Independent Director), Jan Vincent P. Mercado.

Board Risk Oversight Committee: Chairman: David L. Kho (Independent Director), Members: Alfredo P. Javellana II (Independent Director), Jan Vincent P. Mercado. Corporate Governance and Related Party Transactions Committee: Chairman: Alfredo P. Javellana II (Independent Director), Members: David L. Kho (Independent Director), Antonio Victoriano F. Gregorio III. The Corporate Secretary, Ana Maria A. Katigbak, was designated as the Company's Corporate Information Officer.

Mr. Roberto E. Cabarco was appointed as Deputy Corporate Information Officer. Ms. Bienvenida Mondragon was appointed Compliance Officer under the Company's Corporate Governance Manual.