The Board of Directors of Security Bank Corporation, in its meeting held March 28, 2023, confirmed the approval by the Nominations and Remuneration Committee of the following: Hiring of Mr. Juichi Umeno as Executive Vice President and Head for Alliance Segment under the Office of the President. Mr. Umeno is targeted to report on April 25, 2023. Hiring of Ms. Myla R. Untalan as Senior Vice President and Retail Channels Group Head under Retail Banking Segment.

Ms. Untalan is targeted to report on April 3, 2023. Appointment of Mr. Jefferson T. Ko as Senior Vice President and Investment and Product Solutions Group Head under Financial Markets Segment effective April 1, 2023. Appointment of Dennis M. Tangonan as Senior Vice President and Chief Information Officer under Enterprise Technology and Operations Segment effective April 16, 2023.

Appointment of Juan Alfredo Mestas Jara as Senior Vice President and Architecture and Integration Division Head effective March 28, 2023. Appointment of Malcolm C. Yow as Senior Vice President and Retail Technology Head effective March 28, 2023.