Roxas and Company, Inc. announced that the Board of Directors held an organizational meeting on August 30, 2023. The board elected the following Directors to the (a) Audit & Risk, (b) Compensation, (c) Nomination, Election & Governance (d) Related Party Transaction and (e) Executive Committees: Audit & Risk Committee: Corazon S. de La Paz-Bernardo - Chairperson (Lead Independent Director); Aurelio R. Montinola III and Francisco Jose R. Elizalde as members; Compensation Committee: Gerardo C. Ablaza, Jr.- Chairman (Independent Director); Corazon S. De La Paz-Bernardo and Pedro O. Roxas as members; Nomination, Election & Governance Committee: Pedro O. Roxas- Chairman; Aurelio R. Montinola III, Santiago R. Elizalde, Corazon S. de La Paz-Bernardo and Gerardo C. Ablaza, Jr. as members; Related Party Transaction Committee: Aurelio R. Montinola III - Chairman (Independent Director); Corazon S. de La Paz-Bernardo and Gerardo C. Ablaza, Jr. as members; Executive Committee: Pedro O. Roxas ? Chairman; Francisco Jose R. Elizalde and Aurelio R. Montinola III as members.