In its regular meeting of the Benguet Corporation Board of Directors held on November 8, 2018, the board approved the retirement of Mr. Leopoldo S. Sison as President and his resignation as member of the board of directors of the company effective October 1, 2018. The retirement of Mr. Sison will not have significant impact on the company's operations since the company has designated as officers-in-charge its Senior Vice Presidents, Attys. Reynaldo P. Mendoza and Lina Fernandez, until the appointment of a new President.

Atty. Mendoza is the Senior Vice President for Public Affairs, Legal and Assistant Corporate Secretary and Atty. Fernandez is the Senior Vice President for Finance and Controller, Nickel Marketing, Logistics and other services and Compliance Officer for Corporate Governance.