Henry Sy, Sr. was the Chairman Emeritus of the Board of Directors of SMIC.  He was the founder of the SM Group and was Chairman Emeritus of SM Prime Holdings, Inc., SM Development Corporation, and Highlands Prime, Inc., BDO Unibank, Inc., and Honorary Chairman of China Banking Corporation until his passing.  Mr. Sy opened the first ShoeMart store in 1958 and has since evolved into a dynamic group of companies with three lines of businesses – retail, banking, and property.

Jose T. Sio is the Chairman of the Board of SMIC. He is also a Director of China Banking Corporation, Atlas Consolidated Mining and Development Corporation, NLEX Corporation, and Ortigas Land Corporation, Trustee of Far Eastern University, Incorporated, and Adviser to the Board of BDO Unibank, Inc. Belle Corp. and Premium Leisure Corporation. Mr. Sio holds a master’s degree in Business Administration (MBA) from New York University, is a certified public accountant, and is a former Senior Partner of SyCip Gorres Velayo & Co. (SGV). He was voted CFO of the Year in 2009 by the Financial Executives of the Philippines. He was also awarded as Best CFO (Philippines) in various years by several Hong Kong-based publications.  In 2022, he received the Parangal San Mateo Award from the Philippine Institute of Certified Public Accountants (PICPA) Foundation, Inc.

Designation
Chairman of the Board (Non-Executive Director)
Member, Audit Committee
Member, Risk Management Committee
Member, Compensation Committee
Member, Related Party Transaction Committee

Positions in other Reporting Companies
China Banking Corporation  –  Director
Atlas Consolidated Mining and Development Corporation – Director
Far Eastern University Incorporated – Trustee

Board Attendance: 100%; 8 of 8 meetings
Date of First Appointment:  May 2005
No. Years on the Board: 18 years
Other Information: No legal dispute in the past five (5) years; No conflict of interest transactions in the past year

Teresita T. Sy is the Vice Chairperson of SMIC and Adviser to the Board of SM Prime Holdings, Inc. She also sits as Chairperson of SM Retail Inc. She also holds board positions in several companies within the SM Group. She is also the Chairperson of BDO Unibank, Inc. (“BDO”) and serves as the Chairperson and/or Director of various subsidiaries and affiliates of BDO such as BDO Private Bank, Inc. and BDO Foundation, Inc. She also serves as Adviser to the Board of One Network Bank, Inc. (A Rural Bank of BDO). A graduate of Assumption College with a Bachelor of Arts and Science degree in Commerce major in Management, she brings to the board her diverse expertise in retail merchandising, mall and real estate development, and banking and finance.

Designation
Vice Chairperson of the Board (Non-Executive Director)
Chairperson, Compensation Committee
Chairperson, Executive Committee

Positions in other Reporting Companies
BDO Unibank Inc. – Chairperson of the Board

Board Attendance: 100%; 8 of 8 meetings
First Appointment: May 1979
No. of Years on the Board: 44
Other Information: No legal dispute in the past five (5) years; No conflict of interest transactions in the past year.

Henry T. Sy, Jr. is the Vice Chairman of SMIC and Chairman of SM Prime Holdings, Inc. and Synergy Grid & Development Phils., Inc. He is also the Chairman and Chief Executive Officer (CEO) of SM Development Corporation and Vice Chairman of National Grid Corporation of the  Philippines. He is responsible for the real estate acquisitions and development activities of the SM Group which include the identification, evaluation, and negotiation for potential sites as well as the input of design ideas. He graduated with a Management degree from De La Salle University.

Positions in other Reporting Companies
SM Prime Holdings, Inc. – Chairman of the Board
Synergy Grid & Development Phils. Inc. – Chairman of the Board

Board Attendance: 100%; 8 of 8 meetings
First Appointment: May 1979
No. of Years on the Board: 44 Years
Other Information: No legal dispute in the past five (5) years; No conflict of interest transactions in the past year.

Harley T. Sy is the Executive Director of SMIC.  He is a Director of China Banking Corporation and other companies within the SM Group, and Adviser to the Board of Directors of BDO Private Bank.  He is the Co-Vice Chairman and Treasurer of SM Retail Inc.  He holds a degree in Bachelor of Science in Commerce, Major in Finance from De La Salle University.

Designation
Member, Executive Committee

Positions in other Reporting Companies
China Banking Corporation – Director

Board Attendance: 100%; 8 of 8 meetings
First Appointment: May 1993
No. of Years on the Board: 30 Years
Other Information: No legal dispute in the past five (5) years; No conflict of interest transactions in the past year.

Frederic C. DyBuncio is the President and Chief Executive Officer of SMIC and 2GO Group, Inc. He is the Vice Chairman of the Board of Atlas Consolidated Mining and Development Corporation. Prior to holding the post, he was a career banker who spent over 20 years with JP Morgan Chase and its predecessor institutions. During his stint in the banking industry, he was assigned to various executive positions where he gained substantial professional experience in the areas of credit, relationship management and origination, investment banking, capital markets, and general management. He has worked and lived in several major cities including New York, Seoul, Bangkok, Hong Kong, and Manila. He graduated from Ateneo de Manila University with a Bachelor of Science degree in Business Management and finished a Master’s degree in Business Administration program at the Asian Institute of Management. 

Designation
Member, Executive Committee

Positions in other Reporting Companies
2Go Group, Inc. – Chairman of the Board/ President/CEO
Atlas Consolidated Mining and Development Corporation – Vice Chairman of the Board

Board Attendance: 100%; 8 of 8 meetings
First Appointment: April 2017
No. of Years on the Board: 6 Years
Other Information: No legal dispute in the past five (5) years; No conflict of interest transactions in the past year.

Tomasa H. Lipana is the Lead Independent Director of SMIC. She is a former Chairperson and Senior Partner of Isla Lipana & Co., the Philippine member firm of PricewaterhouseCoopers. She is also an Independent Director and Audit Committee Chairperson of Flexo Manufacturing Corporation. Previously, she was an Independent Director of Goldilocks Bakeshop Inc., Inter-Asia Development Bank, and QBE Seaboard Insurance Philippines. She was also an appointive Director of Trade and Investment Development Corporation (Philippine Guarantee Corporation, formerly Philippine Export-Import Credit Agency), a government-owned and controlled corporation for the last 5 years.  She is a Fellow and Trustee of the Institute of Corporate Directors. She is also a Trustee of the Shareholders’ Association of the Philippines, Inc., among other non-profit organizations. Ms. Lipana took up Executive Education/Management Development Programs at Harvard Business School, University of Western Ontario, and Asian Institute of Management. She received the Outstanding CPA in the Public Practice Award from the Philippine Institute of Certified Public Accountants and the Outstanding Alumna Award from the University of the East where she graduated Cum Laude. She is also a CPA Board placer.

Designation
Lead Independent Director
Chairperson, Audit Committee
Member, Corporate Governance Committee

Positions in other Reporting Companies
Currently no directorships in other reporting companies.

Board Attendance: 100% ; 8 of 8 Board meetings
First Appointment:  April 2016
No. of Years on the Board: 7 years
Other Information: No legal dispute in the past five (5) years; No conflict of interest transactions in the past year.

Ramon M. Lopez, is an Independent Director of SMIC. He currently serves as Independent Director of AIC Group of Companies Holding Corporation. He was the former Secretary of the Philippine Department of Trade and Industry (DTI). He has served for the full term of the administration of former President Rodrigo Roa Duterte. He chaired during his term the DTI institutions such as the Board of Investments, the Philippine Economic Zone Authority, the Export Development Council, Anti-Red Tape Authority Advisory Council, Philippine International Trading Corp., CITEM, and the Halal Board. He also supervised attached agencies such as the Intellectual Property Office of the Philippines, Technical Education and Skills Development Authority, and the Cooperative Development Authority, among others.

He also received several awards such as the 2016 Nation Builders Award for Government Service and the Philippine Innovation Man of the Year Award in 2017. In 2018, he received from former President Duterte the Presidential Award, Order of Sikatuna, with a rank of Datu, one of the senior honors one can receive in the Philippines. The Asia CEO Awards 2022 “Lifetime Contributor of the Year Award”. He was also named by People Asia as one of the 2020 People of the Year, for the re-opening of the economy during the pandemic. Just recently, he was also awarded the Presidential Medal of Merit for his vital role in the Inter-Agency Task Force for the Management of Emerging Infectious Diseases.

Mr. Lopez has a Master’s Degree in Development Economics class at Williams College, Massachusetts USA and an AB Degree in Economics from the University of the Philippines School of Economics.

Designation
Chairman, Corporate Governance Committee
Chairman, Related Party Transactions Committee
Member, Audit Committee
Member, Compensation Committee
Member, Risk Management Committee

Positions in other Reporting Companies
Currently no directorships in other reporting companies.

Board Attendance: 100% ; 3 of 3 Board meetings (There were three remaining Board Meetings when he assumed office)
First Appointment:  August, 2022
No. of Years on the Board: 1 year
Other Information: No legal dispute in the past five (5) years; No conflict of interest transactions in the past year.

Robert G. Vergara is an Independent Director of SMIC. He also sits as an Independent Director of Metro Pacific Health, Inc and STI Education Systems Holdings. Inc.  He is currently the President of Vergara Advisory Management, Inc. founded in May 2018.   From September 2010 to October 2016, he served as the President and General Manager and Vice-Chairman of the Board of Trustees of the Government Service Insurance System (GSIS). As President and General Manager of GSIS, Mr. Vergara also served as Vice Chairman and Director of National Reinsurance Corporation of the Philippines, Manila Hotel Corporation, and Member of the Board of Directors of Philippine Stock Exchange, Philippine Health Insurance Corporation, Philippine National Construction Corporation and Housing and Urban Development Coordinating Council. Before that, he was the Managing Director and Founding Partner of Cannizaro (Hong Kong) Limited from October 2006 to September 2010. From 2002 to 2006, he was a Director of Lionhart (Hong Kong) Ltd. He was a Principal in Morgan Stanley Asia Ltd. from 1997-2001 and served as the Managing Director of IFM Asia Ltd. from 1990 to 1997. He obtained his Master in Business Administration from Harvard Graduate School of Business Administration. He graduated magna cum laude from Ateneo De Manila University with Bachelor of Science degrees in Management Engineering and Mathematics.

Designation
Chairperson, Risk Management Committee
Member, Corporate Governance Committee
Member, Related Party Transactions Committee

Positions in other Reporting Companies
STI Education Systems Holdings, Inc. – Independent Director

Board Attendance: 100%;  8 of 8 Board meetings
First Appointment:  April 2019
No. of Years on the Board: 4 year
Other Information: No legal dispute in the past five (5) years; No conflict of interest transactions in the past year.