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III. MARKET ENVIRONMENT

 Political
- Universal Robina Corporation acknowledges that good corporate governance is
essential to build an environment of trust, transparency, and accountability necessary for
fostering long-term performance, financial stability, business integrity, and sustainability
of the company for the protection of the interests of shareholders and other stakeholders.

- The company continuously strives to strengthen and improve its corporate


governance practices by adopting best practices that include building a competent board,
aligning strategies with goals, managing risk effectively, adhering to high standards of
ethics and integrity, and promoting accountability by defining roles and responsibilities.

- Guided by the principles of fairness, accountability, and transparency to the


shareholding public, the company ensures that the result of the votes taken during the
most recent Annual or Special Shareholders’ Meeting is made available the next working
day.

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 Economic
-URC has grown from a small Philippine manufacturer to become one of the largest
ASEAN-based multinational corporations. There will be prudent and purposeful changes
in the way they operate as they work toward sustainable business practices. These
changes will result in financial gains that are in line with our short- and long-term
objectives. It will also improve their capital market positioning and brand equity while
increasing value for all of their stakeholders.

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 Sociological
- The goal of Universal Robina Corporation (URC) is to help improve and develop a
sustainable supply chain while maintaining product quality. URC is dedicated to
maintaining customer satisfaction and confidence. We intend to promote responsible
production and consumer well-being through food safety as we continue to operate our
business. Furthermore, we protect our customers at every stage of our supply chain by
adhering to the International Organization for Standardization standards (ISO).

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