Asian Terminals, Inc. advised that in the special meeting of the Board held on September 15, 2022, the directors appointed Atty. Teodoro L. Locsin, Jr., as Chairman of the Audit Committee and as member of the Executive and Corporate Governance committees of Asian Terminals, Inc. (ATI). Atty.

Locsin Jr. shall serve the unexpired term of Atty. Roberto Cecilio Ong Lim, who resigned effective August 2, 2022.