PAL Holdings, Inc. announced that at the Annual Stockholders' Meeting of the Company held on 25 May 2023 approved election of Ramon D. Dizon as Independent Director. Likewise, at the Organizational Meeting of the Board of Directors held immediately thereafter approved the appointment of Lucio C. Tan III as President and COO and Juanita T. Tan Lee as Treasurer. The board also approved appointment of Members of the Board to the various committees as follows: Executive Committee: Chairman: Dr. Lucio C. Tan; Members: Lucio C. Tan III, Sheila T. Pascual, Stanley K. Ng and Johnip G. Cua; Audit And Risk Management Committee: Chairman Johnip G. Cua; Members Lucio C. Tan III, Sheila T. Pascual, Jerome S. Tan and Ramon D. Dizon; Coprorate Governance Committee: Chairman Jerome S. Tan; Members Lucio C. Tan III, Sheila T. Pascual, Johnip G. Cua, Ramon D. Dizon; Nomination and Compensation Committee: Chairman Dr. Lucio C. Tan; Members: Carmen K. Tan, Sheila T. Pascual and Johnip G. Cua.