Suntrust Home Developers, Inc. at its organizational meeting of Board of Directors held on 10 November 2017, elected Alejo L. Villanueva, Jr. (Independent Director) – Chairman, Eugenio B. Reducindo (Independent Director), and Ferdinand B. Masi to the Audit Committee; Alejo L. Villanueva, Jr. (Independent Director) – Chairman, Eugenio B. Reducindo (Independent Director) and Giancarlo C. Ng to the Corporate Governance Committee; Eugenio B. Reducindo (Independent Director) ­ Chairman, Alejo L. Villanueva, Jr. (Independent Director) and Giancarlo C. Ng to the Board Risk Oversight Committee; and Alejo L. Villanueva, Jr. (Independent Director) – Chairman, Eugenio B. Reducindo (Independent Director) and Ferdinand B. Masi to the Related Party Transaction Committee. Neoli Mae L. Kho has been elected as Treasurer of the company.