Ayala Land, Inc. informed that Board of Directors, at its regular meeting held on October 21, 2022, accepted the resignation of Mr. Fernando Zobel de Ayala as director and Chairman effective on September 12, 2022, and considered and approved the following as endorsed by Corporate Governance and Nomination Committee: The election of Mr. Jaime Augusto Zobel de Ayala as Chairman of the Board and Ms. Mariana Zobel de Ayala as director, both to serve the unexpired term of Mr. Fernando Zobel de Ayala. The appointment of Ms. Mariana Zobel de Ayala as additional member of the Sustainability Committee to serve until the next organizational meeting of the Board after the annual stockholders' meeting.
Ayala Land, Inc. is a Philippines-based property developer. The Company is focused on developing integrated and mixed-use real estates. The Company operates through eight segments: Property Development, International Business, Shopping Centers, Offices, Hotels and Resorts, Construction, Property management, and Others. The Company has developed properties in the Makati CBD, Ayala Alabartg, Cebu Park District, Bonifacio Global City, and others. It has approximately 12,000 land, and 49 developed estates. The Company offers diverse portfolio of complementary businesses primarily in the development of residential, office, commercial, and industrial properties for sale, as well as commercial leasing through shopping centers, offices, hotels, resorts, factory buildings, warehouses, co-living, and co-working spaces. Its brands include Ayalaland Premier, Alveo, Avida, Amaia, and BellaVita. The Company's subsidiaries include Alveo Land Corporation, Serendra, Inc., and others.
AYALA LAND, INC. 
