Fernando Zobel de Ayala, Filipino, 58, has served as Chairman of the Board

of ALI since April 1999.

He holds the following positions in publicly listed companies: President and Chief Operating
Officer of Ayala Corporation; Chairman of Manila Water Company, Inc.; Director of Bank of
The Philippine Islands, Globe Telecom, Inc. and Integrated Micro-Electronics, Inc.; and
Independent Director of Pilipinas Shell Petroleum Corporation.
He graduated with B.A. Liberal Arts at Harvard College in 1982 and holds a CIM from
INSEAD, France.

Jaime Augusto Zobel de Ayala, Filipino, 59, has served as a Director, Vice
Chairman and Member of the Executive Committee of ALI since June 1988.

He holds the following positions in publicly listed companies: Chairman and CEO of Ayala
Corporation; Chairman of Globe Telecom, Inc., Integrated Micro-Electronics, Inc. and Bank
of the Philippine Islands; and Vice Chairman of Manila Water Company, Inc.

In 2017, he was recognized as a United Nations Sustainable Development Goals Pioneer for
his work in sustainable business strategy and operations. The first recipient of the award
from the Philippines, he was one of 10 individuals recognized for championing sustainability
and the pursuit of the 17 SDGs in business.

He graduated with B.A. in Economics (Cum Laude) from Harvard College in 1981 and
obtained an MBA from the Harvard Graduate School of Business in 1987.

Bernard Vincent O. Dy, Filipino, 55, is the Pruesident and Chief Executive Officer
of ALI since April 7, 2014. Prior to this, he was the Head of Residential Business, Commercial
Business and Corporate Marketing and Sales.
He earned a Bachelor’s Degree in Business Administration from the University of Notre
Dame in 1985. He also received his MBA in 1989 and MAs International Relations in 1997,
both from the University of Chicago.
Antonino T. Aquino, Filipino, 71, has served as Director of ALI since April 2009.

He is also a Director of Manila Water Company, Inc. (MWC), another publicly listed company, since
1998. He was the President of ALI from April 2009 to April 2014, MWC from April 1999 to April 2009,
and Ayala Property Management Corporation from 1989 to 1999. He has served the Ayala group in
various capacities for 38 years.

He earned a degree in BS Management and completed academic requirements for Masters in

Business from the Ateneo de Manila University in 1968 and 1975, respectively.

Arturo G. Corpuz, Filipino, 63, has served as a Director of ALI since April 2016.

He was a member of the Management Committee of ALI from 2008 to December 31, 2016.

Mr. Corpuz received his baccalaureate degree in Architecture from the University of the Philippines
in 1977 and his masteral and doctoral degrees in urban and regional planning from Cornell
University in 1984 and 1989.

Delfin L. Lazaro, Filipino, 72, has served as a member of the Board of ALI since May 1996.

He is a Director of publicly listed companies namely, Ayala Corporation, Integrated Micro-

Electronics, Inc. Manila Water Company, Inc., Globe Telecom, Inc.

He graduated with BS Metallurgical Engineering at the University of the Philippines in 1967 and took
his MBA (with Distinction) at Harvard Graduate School of Business in 1971.
Jaime C. Laya, Filipino, 79, has served as an Independent Director of ALI since April 2010 and as
its Lead Independent Director since April 2017.

He is member of the Board of Directors of publicly listed companies, being Independent Director of
GMA Network, Inc., GMA Holdings, Inc. and Manila Water Company, Inc. and Regular Director of
Philippine Trust Company (Philtrust Bank).

He graduated magna cum laude from University of the Philippines in 1957 with a degree in B.S.B.A.
(Accounting) and completed his M.S. in Industrial Management at Georgia Institute of Technology in
1960 and his Ph.D. in Financial Management at Stanford University in 1967.

Rizalina G. Mantaring, Filipino, 59, has served as an Independent Director of ALI since April
2014.

Concurrently, she also holds the following positions: Chairman, Sun Life Financial Philippine Holding
Co. Inc.; Chairman, Sun Life Financial Philippines Foundation Inc.; Director, Sun Life Grepa Financial,
Inc.; and Independent Director of First Philippine Holdings Corp. Inc., East Asia Computer Center
Inc., Roosevelt College Inc., and Microventures Foundation Inc.

She holds a BS Electrical Engineering degree from the University of the Philippines where she
graduated with honors in 1982. She obtained her MS degree in Computer Science from the State
University of New York at Albany in 1993.

Cesar V. Purisima, Filipino, 58, was appointed as an Independent Director of ALI. in April 18,
2018.

He is an Asia Fellow at the Milken; Independent Director of AIA Group Limited; Independent
Director of Universal Robina Corporation;

Mr. Purisima obtained his Bachelor of Science degree in Commerce Major in Accounting and
Financial Institutions from De La Salle University in 1979 and was among the top placers in the 1979
CPA Board Examination. He earned his Master of Business Administration degree from Kellogg
School of Management, Northwestern University, Illinois in 1983 and was conferred the Doctor of
Humanities Honoris Causa by Angeles University in 2012.