Emperador Inc. announced that the Board of Directors of the company approved resignation of Ms. Katherine L. Tan as Director and member of the Executive Committee; and resignation of Mr. Winston Co as President. In the same meeting, the remaining directors, while still constituting a quorum and upon the recommendation of the Corporate Governance Committee, resolved to elect Mr. Glenn D. Manlapaz as a Director of the Company and his appointment as President and Chief Executive Officer as well as a member of the Executive Committee, effective on even date. Mr. Manlapaz, 54 years old, is the current Chief Executive Officer of the Company and former President for Asia and the Pacific of the Emperador International business.

He has been with the Company's wholly owned subsidiary, Emperador Distillers Inc. since 2014 working as Regional Managing Director for Asia. Prior to joining the group, he was Diageo's Managing Director for the Philippines and General Manager for Indonesia. He has extensive experience in the liquor industry, and executive management functions.

Mr. Manlapaz holds a Bachelors Degree in Commerce and Master's Degree in Business Administration in De La Salle University. Effective Date is July 1, 2025.