Asia United Bank Corporation announced that as approved by the Bank's board of directors during the meeting held on December 17, 2021, this disclosure reflects the changes in board membership following the election of Ms. Teresita Ang See as Independent Director of Asia United Bank to replace /serve the unexpired term of Atty. Maria Gracia Pulido Tan, Ms Ang See will be replacing Atty. Tan in committees were Atty. Tan was in. In addition, Mr. Manuel A. Gomez was added as member of the Risk Oversight Committee and Mr. Jacob C. Ng was added as member Trust Committee. The reconstitution of the different board level committees as follows: Audit Committee: Teresita Ang See - Chairperson. Ret. Justice Adolfo S. Azcuna - Member. Atty. Romero Federico S. Quimbo - Member. George T. Chua - Member. Florante C. Del Mundo - Officer (Non-Voting). Risk Oversight Committee: Atty. Romero Federico S. Quimbo - Chairman. Ret. Justice Adolfo S. Azcuna - Member. Teresita Ang See - Member. Manuel A. Gomez - Member. Maria Teresa C. Ogbinar - Officer (Non-Voting). Corporate Governance Committee: Atty. Romero Federico S. Quimbo - Chairman. Ret. Justice Adolfo S. Azcuna - Member. Atty. Lily K. Gruba - Member. Teresita Ang See - Member. George T. Chua - Member. Related Party Transaction Committee: Atty. Romero Federico S. Quimbo - Chairman Teresita Ang See - Member. Ret. Justice Adolfo S. Azcuna - Member. George T. Chua - Member. Trust Committee: Atty. Lily K. Gruba - Chairperson. Abraham T. Co - Member. Manuel A. Gomez - Member. Atty. Romero Federico S. Quimbo - Member. George T. Chua - Member. Andrew Chua ­ Member. Jacob C. Ng - Member.