DMCI Corporate ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS

Rights of Shareholders

Equitable Treatment of Shareholders

Role of Stakeholders

Disclosure and Transparency

Responsibilities of the Board

E.2.4

Do independent directors/commissioners make up at least 50% of the board of directors/commissioners?

Response

NO. Our independent directors make up at least 20% of the board. However, the Company is compliant with the SEC Rules and Regulations and with its Manual on Corporate Governance.

Reference Link

http://www.dmciholdings.com/uploads/corporate_governance/Manual on Corp. Gov./BOARD COMMITTEES.pdf