Security Bank Corporation announced that at the board meeting held on June 27, 2023, the company approved the appointment as Director of Maria Cristina A. Tingson effective June 27, 2023. MARIA CRISTINA A. TINGSON, 62, Filipino. She is a Director of SB Finance Inc. (since February 2012) and SB Rental Corporation (since May 2014).

She was an Executive Vice President and Head of the Retail Banking Segment of Security Bank Corporation (SBC) until December 31, 2022. She was also a member of the Bank's Assets and Liabilities and People Empowerment Committees and an alternate member of the Credit Committee. Ms. Tingson was the President of SB Cards Corporation (2015-2017).

Prior to her appointment as President of SB Cards Corporation, she was the Senior Vice President and Head of Corporate Banking until 2012. She joined the SBC as an Account Assistant in 1982 and assumed various positions including Relationship Manager and Head of Enterprise Risk Management of the Corporate Banking Division before assuming her position as Corporate Banking Head in 2008. Hiring of Mr. Rahul Mahesh Sadarangani as Senior Vice President and Transformation Head under Office of the President.

Mr. Sadarangni's qualification and business experience covers almost 23 years of work experience including the following: Morgan Stanley ­ 2021 ­ 2023, Cloud ­ BU Enablement Lead, Acron Techsolutions Pvt Ltd. ­ 2019 ­ 2021 Chief Technology Officer, Edelweiss Securities Pvt Ltd. ­ 2017 - 2019 CTO, Associate Director, Fullerton India Troup (Temasek Group) ­ 2014 ­ 2017 Senior Vice President ­ Information Technology, Credit Suisse ­ 2013 ­ 2014 Vice President ­ Information Technology, Deutsche Bank ­ 2006 ­ 2013 Vice President ­ Technology, Various Positions and Other Companies - 2000 ­ 2006. Promotion of the following 5 Officers: Nerissa Gloria C. Berba from Senior Vice President /Human Capital Management Head to Executive Vice President /Human Capital Management Head. Rahul S. Rasal from Senior Vice President /Retail Banking Segment Head to Executive Vice President /Retail Banking Segment Head.

Ma. Paz Victoria R. Gonzalez from First Vice President/Secured Lending Head to Senior Vice President/Secured Lending Head. Irene E. Guban from First Vice President/Retail Strategy and Analytics Head to Senior Vice President/Retail Strategy and Analytics Head.

Ma. Carmencita R. Lopez from First Vice President/Trust Officer/Trust and Asset Management Group Head to Senior Vice President/Trust Officer/Trust and Asset Management Group Head. Effective date of change is July 1, 2023.