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MEMBERS
Calapati, Aljean
Aguilar, Dana Danielle
Dela Cruz, Regine Joyce
Tribujenia, Mary Anne
Robles, Aaron
Castillo, Vivian Wency
Alzate, Charlene

PROFILE
When it comes to the big-time conglomerates they are pretty much
behemoths when it comes to business. They pursue multiple ventures, make
many allies, buy out ore rain down hostile takeovers on smaller companies-
and on occasion even do that to rivals who are just big as they are. They
never stop looking for ways to make more money as they possibly can, and
even is those industries fail, it still won’t stop them from taking their money
elsewhere. They are the face of the business in their respective countries or
even the industry worldwide.

In the republic of the Philippines, one such behemoth is the Ayala

Corporation. It was founded by Domingo Roxas and Antonio de Ayala way
back in 1834 during the Spanish colonial rule in the country, thus making it
the Philippine’s oldest and not to mention largest conglomerate.

The company’s name has become synonymous with the term “business” in
the country. It has done much to assist the Filipinos as well, by fighting
poverty, giving them job opportunities, developing land for the community,
helping create a telecommunications network through Globe Telecom to give
the people Internet access to the outside world, and many other noteworthy
things. They also engage in philanthropy through the Ayala Foundation,
where they create programs that aid in the socio-economic development of
society. The foundation is one of the country’s leading corporate donors.
HISTORY
Ayala’s entrepreneural spirit and drive to find new areas of growth allowed
the group to endure evolve and become one of the Philippine’s largest and
most diversified conglomerates.

In 1834, founding partners Domingo Roxas and Antonio de Ayala establish

Casa Roxas, investing the bulk of its assets in a distellery, which is
considered the country’s first industry.

1834, El Blanco Espanol Filipino de Isabel II, precursor of the bank of the
Philippine Islands, is the first bank in the Philippines.

1888, Tramcars, the country’s first public mass transportation system, is

introduced and operated by Jacobo Zobel y Zangroniz.

1910, Ayala pioneers in insurance, first by investing in Insular Life then by

establishing its own insurance companies.

1948, Joseph McMicking creates the Ayala Master Plan, the blueprint for
today’s premier Makati business commercial and residential district and the
inspiration for many integrated communities that came after it.

1974, Ayala invest in Globe-Mackay Cable and Radio Corporation, the

company’s first foray into telecommunications.
Ayala partners with Mitsubishi Corporation of Japan to explore new growth
sectors.

1976, Ayala becomes a publicly listed company.

1980, Ayala ventures into the electronics manufacturing services industry

through integrated Micro-Electronics Inc.

1988, Ayala Land is spun off to grow the real estate business.

1990, With its partners, Ayala invest in automotive dealership, beginning with
Honda passenger vehicles, followed by Isuzu in 1995.

Filipinas Foundation, established by Joseph and Mercedes Zobel McMicking

in1961, is renamed Ayala Foundation, reflecting the Ayala group’s
commitment to corporate social responsibility.

1993, Ayala partners with SingTel in Globe Telecom to pursue network

modernization and to provide high-speed internet access.

1997, The consortium led by Ayala wins the water concession for Metro
Manila’s East Zone and Forms Manila Water.
2003, Ayala Land builds Bonifacio Global City, BGC, and sets its sights on
Nuvali in Laguna.

2011, AC Energy invest in power generation.

2012, AC Infra, in partnership with the national government, begins to

develop transport and highway infrastructure systems.

AC Education is formed to provide quality, affordable private education.

2015, AC Health is established and begins with an

investment in Generika pharmacies and FamilyDOC primary care clinics.

2016, Ayala’s automotive and manufacturing investments are consolidated

under AC industrials.

AC Energy surpasses its target of 1,000 megawats of attributable capacity.

2017, Ayala makes key investments in fintech and e-commerce with tech
start-ips like MedGrocer, Mynt and Zalora PH.
LIST OF STAFFS

MANAGEMENT COMMITTEE

 Alfredo I. Ayala
 Jose Teodoro K. Limcaoco
 John Philip
 Ernest Lawrence L. Cu
 Arthur R. Tan
 Jaime Augusto Zobel De Ayala
 Cezar P. Consing
 Ruel T. Maranan
 Josr Rene Gregory D. Almendoas
 Ferdinand M. Dela Cruz
 Solomon M. Hermosura
 John Erick T. Francia
 Paulo Mxino
 Fernando Zobel De Ayala
 Bernard Vincent O. Dy
BOARD OF DIRECTORS

 Jaime Augusto Zobel de AyLA

- Chairman and CEO
 Fernando Zobel de Ayala
- President and COO
 Keiichi Mtsunaga
- Director
 Ramon R. Del Rosario, Jr.
- Independent Director
 Delfin L. Lazaro
- Director
 Xavier P. Loinaz
- Independent Director
 Antonio Jose U. Periquet
- Independent Director

EXECUTIVES

MANAGING DIRECTORS
  Emanuel A. Aligada
 Gil B. Genio
 Ginaflor C. Oris
 Virgilio C. Rivera, Jr.
 Jaime E. Ysmael

EXECUTIVE DIRECTORS

 Josette Adrienne A. Abarca

 Romualdo L. Katigbak
 Fatima P. Agbayani
 Noel Eli B. Kintanar
 Catherine H. Ang
 Monica C. Macavinta
 Ruby P. Chiong
 Michael C. Montelibano
 Ma. Cecilia T. Cruzabra
 Jenara Rosanna F. Ong
 Josephine G. De Asis
 Maria Angelica B. Rapadas
 Emily C. De Lara
 Alfonso Jvier D. Reyes
 Rosallie A. Dimaano
 Ma. Victoria P. Sugapong
  Maria Corazon G. Dizon
 Sheila Mrie U. Tan
 Felipe Antonio P. Estrella III
 Norma P. Torres
 Ma. Victoria A. Tan
ASSOCIATE DIRECTORS

 Yla Patricia G. Alcantara

 Guillermo M. Luz
 Maria Susana C. Bables
 Gabino Ramon G. Mejia
 Robert Michael N. Baffrey
 Aditas Vivia L. Santamaria
 Erwin P. LOCSIN
 Gabriel Q. Villaluz III

CONSULTANTS/ ADVISERS

 Patrice R. Clausse
 Simon C. Mossesgeld
 Luis Juan B. Oreta
 Maciano A. Paynor, Jr.
STRUGGLES
Makati, Philippines - June 3, 2019 Ayala Chairman his thoughts on the
future of business, and how continue evolve amidst must to companies
disruption. Ayala's progressive leader discussed the group's digital
transformation journey in response to these changing times, noting that
institutions are at risk of falling behind if they are not able to transform

"Companies that do not innovate are in danger of becoming irrelevant,"

said Zobel. "We need to be proactive in finding gaps in our current
systems and areas ripe for transformation, and we need to act Swiftly,
even if it means we have to be the ones disrupting ourselves."

Recognizing the need for continuous innovation within the group,

Zobel noted that the "innovation mindset" is what fuels the Ayala's
ongoing digital transformation This of five key consists components
which would collectively allow Ayala to further improve operational
efficiency, make better strategic decisions, and improve the customer
experience. These include both digital and non- digital initiatives to
transform existing businesses; business and investments in models new
technologies to make services more convenient and accessible for
Filipinos; a more deliberate effort in venture investing thro ugh the
establishment of a US$150m ACTIVE Fund; the launch of AC
Analytics as the group's center of excellence for data and analytics; and
various initiatives to upskill and empower the group's talent base.

On the urgency of innovation, Zobel said, "Here in the Philippines,

there seems to be a pervasive mindset that industries may be slower to
change or that disruption will hit us gradually... [However] you'll see
these changes are happening here as quickly as they are anywhere else.
If that, then you really have a good chance of being left behind."

Such changes are already taking place in Ayala, as its companies gear
up to disrupt themselves. Globe Telecom, for example, is forecasting its
future business by harnessing the power of big data and mobile
technology better understand its to customers and their needs,
particularly space. Secondly, the Bank of the Philippine Islands
business transforming it to make its banking instant intelligent,
insightful, services more informative, and interactive. Lastly, in the
logistics space, Entrego, Ayala's technology-driven logistics solutions
provider under AC Infrastructure, aims to ahead of the by investing in
stay curve infrastructure, automation, and software to crea te the
capacity to meet its growing consumer demand.

As exhibited by these changes, Ayala remains fully committed to its

digital transformation as announced at its Annual Stockholders' Meeting
last April 2019.
SUCCESS
The Ayala success story started in 1834 with the establishment of Las Islas
Filipinas.
Landowning entrepreneur Domingo Roxas and the young Antonio de Ayala
built a
distillery using cane sugar and began competing overseas. Exporting products
to Europe,
they found a bestseller in Ginebra San Miguel. Antonio de Ayala was later
introduced to banking,
when a Spanish royal decree set up El Banco Español Filipino de Isabella II
and named him director
representing the Manila business community. The bank “Southeast Asia’s
first private commercial bank,
which issued the first Philippine paper currency” would later become the
Bank of the Philippine Islands.