As a major driver of the economy, SM Prime observes good corporate

governance to enhance shareholder support and remains a catalyst for well-

placed investments. The Company brings more value to the community through
its many businesses, which increase economic activity.

Sm Prime is committed to the following:

❏ To establish a strong brand

❏ To have a strong track record among asset classes in order to lead
real estate platforms
❏ To develop a world class mall business that will act as the anchor
to future Lifestyle City projects
❏ To use landbank optimization and potential acquisitions to generate
substantial growth opportunities
❏ To maintain a reliable balance sheet that is backed up by recurring
revenue

Environment

SM Prime exists with a sense of responsibility towards the environment

and believes in the balance with nature. In order to be sustainable, the Company
must practice resilience in its systems and operations while more public and
private partnerships strengthen its commitment towards a resilient Philippines.

SM Prime environmental related investment:

❏ Building Management System (BMS) through the Focus EBASTM

technology for energy efficiency and Sewage Treatment Plants (STPs)
for water recycling
❏ Pollution Control Training (PCO) for employees and tenants to
provide
knowledge on proper environmental management in compliance
with existing environmental laws
❏ Biodiversity conservation initiatives for the natural environment