Pilipinas Shell Petroleum Corporation
Pilipinas Shell Petroleum Corporation
05/10/2022 | Press release | Distributed by Public on 05/09/2022 20:58
Results of Organizational Meeting of Board of Directors
SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported) May 6, 20222. SEC Identification Number 148293. BIR Tax Identification No. 000-164-7574. Exact name of issuer as specified in its charter Pilipinas Shell Petroleum Corporation5. Province, country or other jurisdiction of incorporation Taguig City, Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 41st Floor, The Finance Center, 26th Street corner 9th Avenue, Bonifacio Global City, Brgy. Fort Bonifacio Taguig City, Metro ManilaPostal Code16358. Issuer's telephone number, including area code (632) 3 499 40019. Former name or former address, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
| Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding |
| Common | 1,613,444,202 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Pilipinas Shell Petroleum CorporationSHLPH
PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
| Subject of the Disclosure |
|
Organizational Meeting of the Board of Directors |
| Background/Description of the Disclosure |
|
Organizational Meeting of the Board of Directors held on 06 May 2022 |
| Name of Person | Position/Designation | Shareholdings in the Listed Company | Nature of Indirect Ownership | |
| Direct | Indirect | |||
| Min Yih Tan | Non-Executive Chairman of the Board | 0 | 1 | Nominee director |
| Lorelie Q. Osial | President and Chief Executive Officer | 0 | 1 | Nominee director |
| Reynaldo P. Abilo | Treasurer, Vice President - Finance and Chief Risk Officer | 16,000 | 1 | Nominee director |
| Randolph T. Del Valle | Vice President - Mobility | 0 | 1 | Nominee director |
| Sergio C. Bernal, Jr. | Vice President - Corporate Relations | 4,290 | 0 | N/A |
| Albert A. Lim | Vice President - Wholesale Commercial Fuels | 4,290 | 0 | N/A |
| Carlo D. Zandueta | Vice President - Human Resources | 0 | 0 | N/A |
| Stephen D. Quila | Vice President - Lubricants | 0 | 0 | N/A |
| Kit Arvin M. Bermudez | Vice President - Supply and Distribution | 0 | 1,600 | Immediate family |
| Atty. Erwin R. Orocio | Managing Counsel and Chief Compliance Officer | 6,290 | 0 | N/A |
| Atty. Ellie Chris C. Navarra | Corporate Secretary | 0 | 0 | N/A |
| Atty. Mark Hadrian P. Gamo | Assistant Corporate Secretary | 3,000 | 0 | N/A |
| Mark Brian J. Nicdao | Corporate Audit and Assurance Manager | 2,200 | 0 | N/A |
| Name of Committees | Members | Position/Designation in Committee |
| Board Audit and Risk Oversight Committee | Cesar A. Buenaventura | Chairperson/Independent Director |
| Board Audit and Risk Oversight Committee | Lydia B. Echauz | Member/Independent Director |
| Board Audit and Risk Oversight Committee | Amando M. Tetangco. Jr. | Member/Independent Director |
| Board Audit and Risk Oversight Committee | Luis C. la Ó | Member |
| Board Audit and Risk Oversight Committee | Rafi Haroon Basheer | Member |
| Related Party Transaction Committee | Lydia B. Echauz | Chairperson/Independent Director |
| Related Party Transaction Committee | Cesar A. Buenaventura | Member/Independent Director |
| Related Party Transaction Committee | Luis C. la Ó | Member |
| Related Party Transaction Committee | Nina D. Aguas | Member |
| Corporate Governance Committee | Fernando Zobel de Ayala | Chairperson/Independent Director |
| Corporate Governance Committee | Cesar A. Buenaventura | Member/Independent Director |
| Corporate Governance Committee | Lydia B. Echauz | Member/Independent Director |
| Corporate Governance Committee | Atty. Erwin R. Orocio | Member |
| Nomination Committee | Lorelie Q. Osial | Chairperson |
| Nomination Committee | Cesar A. Buenaventura | Member/Independent Director |
| Nomination Committee | Atty. Erwin R. Orocio | Member |
| Nomination Committee | Carlo D. Zandueta | Non-voting Member |
| Sustainability Committee | Luis C. la Ó | Chairperson |
| Sustainability Committee | Amando M. Tetangco. Jr. | Member/Independent Director |
| Sustainability Committee | Min Yih Tan | Member |
| Sustainability Committee | Rafi Haroon Basheer | Member |
| Sustainability Committee | Sergio C. Bernal, Jr. | Non-voting Member |
| List of other material resolutions, transactions and corporate actions approved by the Board of Directors |
|
On 06 May 2022, in compliance with SEC Memorandum Circular No. 6, Series of 2020, the newly elected members of the Board of Directors of Pilipinas Shell Petroleum Corporation (the "Corporation") held their Organizational Board Meeting via teleconferencing, at which meeting all members were present and acting throughout. The following matters were discussed and approved: |
| Other Relevant Information |
|
Please refer to the attachment. |
Filed on behalf by:
| Name | Ellie Chris Navarra |
| Designation | Corporate Secretary |