Vincent Cole Lopez

BSA-4A
SBUS

Company History

Century Pacific Food, Inc. is a Philippine-based company that specializes in the

production of canned goods, processed seafood, dairy products, and other food items.
In 1978, Ricardo Po Sr. established Century Canning Corporation, which later became
Century Pacific Food, Inc. At first, the company concentrated on producing tuna in cans,
which subsequently turned into one of its main offerings. Century Pacific Food grew
their product portfolio over time to include dairy products, processed meats, and
additional canned items. After changing its name, Century Canning Corporation
became Century Pacific Food, Inc. in 2013. The company's commitment to provide a
broad selection of superior food goods and its diversified product line were the driving
forces for the rebranding. As it has expanded, Century Pacific Food has emerged as
one of the Philippines' top food firms, dominating both domestic and foreign markets.
The business is renowned for its dedication to sustainability, innovation, and high quality
in all aspects of its operations.

Key Officers

Christopher Paulus T. Po (Executive Chairman)

Teodoro Alexander T. Po (Vice Chairman, President & CEO)

Ricardo Gabriel T. Po, Jr. (Vice Chairman)

Leonardo Arthur T. Po (Director & Treasurer)

Atty. Regina Barrientos-Jacinto (Director)

Stephen Anthony T. Cuunjieng (Independent Director)

Regina Roberta L. Lorenzana (Independent Director)

Philip G. Soliven (Independent Director)

Frances J. Yu (Lead Independent Director)

Vincent Cole Lopez
BSA-4A
SBUS

Vision

We are a sustainable and responsible global company of entrepreneurs that nourishes

and delights our customers with healthier food and beverages through manufacturing
excellence, nutrition expertise, trusted brands, and passionate people.

Mission

Reinforce current businesses and brands to deliver quality and value for money
products that generate attractive returns through responsible sourcing and operational
excellence.
Strengthen the organization that attracts, nurtures, and retains passionate and high
performing corporate entrepreneurs and teams who live balanced lives.
Pioneer the development of healthier and tastier food and beverages that
consumers love and trust through latest credible nutrition science and effective
branding.
Scale up the business across the globe by creating consumer and customer
connections and experiences in a more profitable and sustainable way across the value
chain.

Core Values
Respect for the Individual
Teamwork
Passion for Excellence
Customer Centric
Humility
Integrity
Malasakit
Vincent Cole Lopez
BSA-4A
SBUS

Entrepreneurial Spirit
Quality Statements
Planet Reservation - We commit to the efficient use, reuse, and restoring of agriculture
and fisheries resources, as well as better management of our environmental impacts by
decreasing our water and energy consumption, lessening our greenhouse gas
emissions, and actively monitoring our waste generation as we continue to grow our
business and serve Filipinos.
Tuna Sustainability - Leading the advocacy for more sustainable fishing practices and
responsible sourcing as well as improving how we manage our impacts as part of the
solution.
Using Skipjack Tuna - This species of tuna is the most abundant of all major
commercial tuna species due to its short gestation period and ability to reproduce year-
round in tropical as well as subtropical waters. Stocks of skipjack are deemed to be at
healthy levels by the International Seafood Sustainability Foundation (ISSF) in 2021.

Traceability - All tuna raw materials are traceable at the source – vessels are
registered at the Proactive Vessel Register and audited by a third-party assurance
group, MRAG Americas. This ensures that we only source from suppliers who comply
with industry best-practices and conservation measures.

International Seafood Sustainability Foundation (ISSF) - CNPF is a member of the

International Seafood Sustainability Foundation (ISSF). CNPF also sits on the Board of
the ISSF to help shape sustainable tuna fishing practices globally.

Aligning with Other Global Standards and Industry Associations - We are also a
member of the Global Tuna Alliance—a market-led initiative that issued the Tuna
Traceability Declaration in 2020 in support of the U.N. Sustainable Development Goal
14: Life Below Water.
Vincent Cole Lopez
BSA-4A
SBUS

Water Consumption Reduction - Continuously improving by invest in technology and

deepening our understanding of our water-related impacts on the local communities
where we source our water.
Energy Consumption Reduction - Implementing energy conservation across all plants
resulting in an improvement in our energy intensity of 3% versus the year before.
Greenhouse Gas Emission Reduction - Increasing the share of renewable energy in
our energy mix and implementing new waste-to-energy initiatives.
Landfill Waste Reduction - Doing more with less’ by reducing waste at source and
recycling or upcycling waste into new resources.
Plastic Neutrality - Continued partnership with Plastic Credit Exchange (PCX) enables
all CNPF brands that use flexible packaging to achieve “plastic neutrality.”

Net Zero Plastic Waste Brand Certifications - We are pleased to share that all our
brands that make use of flexible plastic packaging have been certified as Net Zero
Plastic Waste Brands by Isla Lipana & Co. (PriceWaterhouseCoopers).

Milestones & Major challenges

Founded in 1978 as Century Canning Corporation, Century Pacific Food, Inc.

initially concentrated on the manufacturing of canned tuna. As time went on, it
broadened its range of products and emerged as a significant participant in the
Philippine food sector. In 2013, Century Canning Corporation changed their name to
Century Pacific Food, Inc. to better reflect the variety of food items it offers. The
corporation has made efforts to increase its market share both domestically and abroad,
particularly in the Philippines. Reaching new markets and building a global presence
could be seen as important achievements. Beyond canned tuna, Century Pacific Food,
Inc. now offers processed meats, dairy products, and other food items in addition to its
original product line. Increasing the product line is frequently a crucial growth tactic.
Century Pacific Food, Inc. may have participated in campaigns pertaining to
Vincent Cole Lopez
BSA-4A
SBUS

environmental stewardship, sustainable practices, and ethical sourcing, like many other
food sector businesses.

Like other industries, the food sector deals with supply chain interruptions, which
can be brought on by events like natural catastrophes, geopolitical upheavals, or
international health emergencies. Following national and international laws pertaining to
food safety and quality can be difficult, particularly as these laws change. Because of
the intense competition in the food industry, businesses may encounter difficulties about
pricing, market share, and standing out from rivals. In order to remain competitive in the
market, organizations must be quick to innovate and adjust to changing consumer
preferences and rising culinary trends. Production costs and total profitability can be
impacted by inflation, currency exchange rates, and economic volatility. As businesses
work to conform with environmental and social responsibility standards, they may face
obstacles in meeting sustainability goals and assuring responsible sourcing.

Distinct and Sustainable Competitive Advantages

With a range of unique and long-lasting competitive advantages, Century Pacific

Food, Inc. maintains a strong market position in the food business. With a wide range of
products including processed seafood, canned goods, dairy products, and more, the
company serves a wide range of consumer tastes. Because of its well-established
brand and dedication to strict quality and safety standards, it has the trust and loyalty of
customers. The company maintains its competitive edge in the market by prioritizing
ongoing innovation in product creation, maintaining a global presence, and optimizing
its supply chain. Furthermore, Century Pacific Food, Inc. adopts socially and
ecologically conscious methods since it values sustainability. Its reach is further
increased by a strong distribution network, which adds to a comprehensive and durable
competitive strategy.