Alsons Consolidated Resources, Inc. announced that at its organizational meeting board of directors held June 19, 2023, immediately after the AGM, elected board members to Committees. Executive & Corporate Governance Committee: NICASIO I. ALCANTARA, Chairman; TOMAS I. ALCANTARA, Member; EDITHA I. ALCANTARA, Member; THOMAS G. AQUINO (IND.DIR), Member; JOSE BEN R. LARAYA (IND.DIR), Member; TIRSO G. SANTILLAN, JR., Member. Audit, Risk Oversight & Related Party Transaction Committee: JOSE BEN R. LARAYA (IND.DIR), Chairman; EDITHA I. ALCANTARA, Member; THOMAS G. AQUINO (IND.DIR), Member; JACINTO C. GAVINO JR. (IND.DIR), Member; RAMON T. DIOKNO, Member.

Compensation Committee: NICASIO I. ALCANTARA, Chairman; TOMAS I. ALCANTARA, Member; HONORIO A. POBLADOR III, Member; TIRSO G. SANTILLAN, JR., Member; JOSE BEN R. LARAYA (IND.DIR), Member. Nomination & Election Committee: NICASIO I. ALCANTARA, Chairman; TOMAS I. ALCANTARA, Member; JOSE BEN R. LARAYA (IND.DIR), Member; ARTURO B. DIAGO, JR., Member. Retirement Committee: EDITHA I. ALCANTARA, Chairman; HONORIO A. POBLADOR III, Member; TIRSO G. SANTILLAN, JR., Member.

PHILIP EDWARD B. SAGUN elected as deputy chief financial officer.