Updated as of Mar 31, 2019

Herbert T. Sy

Herbert T. Sy

Director

62 Years Old

Mr. Herbert T. Sy has been a director of the Company since 1994. He is an Adviser to the Board of SMIC and is currently the Chairman of Supervalue Inc., Super Shopping Market Inc. and Sanford Marketing Corporation and Director of Alfamart Trading Philippines Inc. and China Banking Corporation. He also holds board positions in several companies within the SM Group. He has worked with SM Group Companies for more than 30 Years, engaged in food retailing. He is actively involved in the SM Group's Supermarket Operations, which include acquisition, evaluation and negotiation for potential sites. He holds a Bachelor’s degree in management from De La Salle University. POSITIONS IN OTHER REPORTING COMPANIES China Banking Corporation - Regular Director SM Investments Corporation - Adviser to the Board BOARD ATTENDANCE: 100% 6 of 6 Board Meetings DATE OF FIRST APPOINTMENT: April 1994 NO. OF YEARS ON THE BOARD: 25 YRS. SHAREHOLDINGS: 2.29% OTHER INFORMATION: No conflict of interest transactions in the past one (1) year TRAININGS ATTENDED Date of Training Program Name of Training Institution November 7, 2018 Annual Corporate Govenance and AML Training Program Institute of Corporate Directors