Steniel Manufacturing Corporation announced that at the Annual Stockholder's meeting held on July 5, 2024, approved Election of the following as directors of the Corporation for 2024-2025: Jose Luis G. Santillan as Independent Director and Arnold San Gabriel as Independent Director. During the Organizational Board Meeting of the Corporation held immediately after the Annual Stockholders' Meeting, the following were appointed officers and members of the board committees: Committee Members: Audit Committee (which also serves as the Board Risk Oversight, and Related Party Transactions Committee: Arnold San Gabriel - Chairperson, Jose Luis G. Santillan - Member, Rhea M. Alarcon - Member. Nixon Y. Lim - Member.

Eliza C. Macuray - Member. Corporate Governance Committee (which also serves as the Nomination and Compensation Committee: Jose Luis G. Santillan - Chairperson, Arnold San Gabriel - Member. Rhea M. Alarcon - Member.

Eliza C. Macuray - Member. Esteban C. Ku - Member. Also during the meeting, Ms. Rhea M. Alarcon was appointed as the Lead Independent Director.