*Mr. Jorge T. Mendiola served as a member of the Audit Committee until April 2025 only with 100% attendance in all meetings in 2024.
The mandate for the Audit Committee includes the review of the Company’s financial reports and subsequent recommendation to the Board for approval, as well as the review of SM Prime’s internal control systems, its audit plans and auditing processes. For more information on this Committee, you may click here to view its Charter.
The Committee, through the Internal Audit Department, assists the Company in accomplishing its vision, mission and objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization’s risk management, control, and governance processes. Click here for the Revised Internal Audit Charter.