SM Prime Holdings, Inc. received the Five Golden Arrow Award from the Institute of Corporate Directors (ICD) at the ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Recognition held last October 23, 2025 at the Okada Manila Hotel. From Left to Right: ICD Chairperson Atty. Benedicta Du-Baladad; SM Prime Independent Director J. Carlitos G. Cruz; SEC Chairperson and CEO Atty. Francis Lim; and ICD Vice Chairperson Ida Ceniza-Tiongson.

To uphold its commitment to good governance, SM Prime Holdings, Inc. participates in the annual assessment of corporate governance practices based on the ASEAN Corporate Governance Scorecard (ACGS), taking into consideration the principles as espoused by the Organization for Economic Cooperation and Development (OECD).  It measures the performance in the various areas such as facilitating the rights and the equitable treatment of shareholders and different stakeholders, ensuring transparency and accountability thru timely disclosure of material information, and how the board guides the company strategically, monitors the management, and ensures the board’s accountability to the company and the shareholders. To view detailed items per part, please click here.

Part A – Rights of Shareholders

Part B – Equitable Treatment of Shareholders

Part C – Role of Stakeholders

Part D – Disclosure and Transparency

Part E – Responsibilities of the Board