Ayala Corporation announced that at the organizational meeting held immediately after the stockholders's meeting held on April 24, 2026, the Board of Directors elected Cesar V. Purisima as lead independent director and Mr. Fernando Zobel de Ayala as Vice Chairperson of the Board. The Board of Directors elected appointed Committees, Executive Committee: Jaime Augusto Zobel de Ayala, Chairperson; Fernando Zobel de Ayala, Member; Cezar P. Consing, Member; Audit Committee: Cesar V. Purisima (independent director), Chairperson; Edgar O. Chua (independent director), Member; Chua Sock Koong (independent director), Member; Risk Management, Related Party Transactions and Sustainability Committee: Emmanuel P. Maceda (independent director), Chairperson; Edgar O. Chua (independent director), Member; Fernando Zobel de Ayala, Member; Corporate Governance Committee: Chua Sock Koong (independent director), Chairperson; Edgar O. Chua (independent director), Member; Cesar V. Purisima (independent director), Member; Nomination, Personnel and Compensation Committee: Chua Sock Koong (independent director), Chairperson; Fernando Zobel de Ayala, Member; Emmanuel P. Maceda (independent director), Member; Committee of Inspectors of Proxies and Ballots: Maria Franchette M. Acosta, Chairperson; Catherine H. Ang, Member; Roxanne Kate L. Petilla, Member and also appointed Mr. Delfin L. Lazaro as the special advisor to Board of Directors. The board elected Maria Franchette M. Acosta as Chief Legal Officer, Paolo Maximo F. Borromeo as Managing Director, Chief Sustainability Officer and Public Affairs and Sustainability Group head, Juan Carlos L. Syquia as Chief Risk Officer and Finance Group Head.