On October 26, 2023, the members of the Board of Directors of Aboitiz Equity Ventures Inc. appointed Mr. Peter D. Maquera as Independent Director, effective November 1, 2023. Mr. Peter D. Maquera, 61, Filipino, currently serves as the Chief Executive Officer of Microsoft Philippines, a position he held since March 2022. As CEO of Microsoft Philippines, Mr. Maquera plays a role in accelerating the AI, cloud, cybersecurity and digital transformation journey of businesses in the country, helping the nation build resilience through digital skills and empowering digital-first companies and start-ups with the tools to scale their innovation.

Mr. Maquera has extensive experience in building and transforming companies, from early-stage development to market leadership across various industries including technology, telecommunications, business process outsourcing, real estate, and financial services. Prior to joining Microsoft Philippines, he was Senior Vice President of Globe Telecom, Inc. (a publicly listed company) from May 2017 to March 2022, heading the enterprise business which provides ICT services to the top corporations in the Philippines. Mr. Maquera was also the President of Globe Telecom International Business Holdings from July 2018 to March 2022 where he was responsible for Globe?s international points of presence, submarine cable investments, data centers and digital growth businesses in cloud, cybersecurity, IOT and business applications.

He was also Deputy CEO and Director of LiveIt Investments Ltd., Ayala Corporation?s holding company, for its investments in Business Process Outsourcing, a position he held from April 2010 to December 2017. Mr. Maquera is currently on the boards of Makati Business Club, American Chamber of Commerce - where he is Co-Chairman of the ICT Committee, Advanced Nutritional Technologies Ltd., and FPS Tech Philippines, Inc. He previously served on the boards of LiveIt Investments Ltd., Globe Telecom International Business Holdings, IT & Business Process Association of the Philippines, and the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. Mr. Maquera has an undergraduate degree in Engineering and a Master?s in Business Administration from the University of Southern California. He is not a director of any other publicly-listed company.

He is not connected with any government agency or instrumentality.