BOARD COMMITTEES as of April 14, 2010

EXECUTIVE COMMITTEE
Fernando Zobel de Ayala, Chairman
Jaime Augusto Zobel de Ayala II 
Antonino T. Aquino
Delfin L. Lazaro 
Oscar S. Reyes *

NOMINATION COMMITTEE
Fernando Zobel de Ayala, Chairman 
Antonino T. Aquino 
Oscar S. Reyes  *

PERSONNEL & COMPENSATION COMMITTEE
Fernando Zobel de Ayala, Chairman
Jaime Augusto Zobel de Ayala II
Mercedita S. Nolledo
Francis G. Estrada *
 

AUDIT & RISK COMMITTEE
Oscar S. Reyes * Chairman
Jaine C. Laya *
Mercedita S. Nolledo

SUSTAINABILITY COMMITTEE 
Antonino T. Aquino, Chairman
Jaime C. Laya * 
Oscar S. Reyes 
 
 
* Independent director