Asia United Bank Corporation announced that at the Organizational Meeting and Board Meeting Ann Margaret K. Lorenzo, Assistant Corporate Secretary was elected as officer of the Bank for the year 2022-2023 to serve as such until the successor shall have been duly elected and qualified. The following directors and officers were likewise elected as members of the different Board committees pursuant to the Bank's By-Laws and Manual of Corporate Governance, to serve as such for the ensuing year until their successors have been duly elected and qualified: Executive Committee: Abraham T. Co ­ Chairman Manuel A. Gomez ­ Member; Jacob C. Ng ­ Member; Ernesto T. Uy ­ Officer (non-voting); Audit Committee: Teresita Ang See (ID) ­ Chairperson Atty. Romero Federico S. Quimbo (ID) ­ Member; Ret.

Justice Adolfo S. Azcuna (NED)­ Member; George T. Chua (NED) ­ Member; Florante C. Del Mundo - Officer (non-voting); Risk Oversight Committee: Atty. Romero Federico S. Quimbo (ID) – Chairman; Teresita Ang See (ID) ­ Member; Ret. Justice Adolfo S. Azcuna (NED) ­ Member; Manuel A. Gomez – Member; Maria Teresa C. Ogbinar - Officer (non-voting); Corporate Governance Committee: Atty.

Romero Federico S. Quimbo (ID) ­ Chairman; Teresita Ang See (ID) ­ Member; Ret. Justice Adolfo S. Azcuna (NED) ­ Member; Atty. Lily K. Gruba (NED) ­ Member; George T. Chua (NED) – Member; Related Party Transactions Committee: Atty.

Romero Federico S. Quimbo (ID) ­ Chairman; Teresita Ang See (ID) ­ Member; Ret. Justice Adolfo S. Azcuna (NED) ­ Member; George T. Chua (NED) ­ Member; Trust Committee: Atty. Lily K. Gruba (NED) ­ Chairperson Ret.

Justice Adolfo S. Azcuna (NED) ­ Member; Abraham T. Co ­ Member; Manuel A. Gomez ­ Member; Andrew A. Chua ­ Member (Trust Officer).