E.2.10
Does the Nominating Committee comprise of a majority of independent directors/commissioners?
Response
YES. The NOMELEC Committee is comprised of a majority of independent directors. Currently, the NOMELEC members have two independent directors and one non-executive director (NED).
The incumbent members are:
1. Honorio O. Reyes-Lao - Chairman/Independent Director
2. Antonio Jose U. Periquet - Member/Independent Director
3. Jorge A. Consunji - Member/Non-executive Director
Reference:
1. Website/Corporate Governance/Board Committees and Charter
2. PSE EDGE Disclosure - Appointment of Board Committees, May 14, 2015