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)
Jun 13, 2023
2. SEC Identification Number
PW-277
3. BIR Tax Identification No.
000-060-741-000
4. Exact name of issuer as specified in its charter
SAN MIGUEL CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 40 San Miguel Avenue, Mandaluyong City, Metro Manila, PhilippinesPostal Code1550
8. Issuer's telephone number, including area code
(632) 8 632-3000
9. Former name or former address, if changed since last report
N/A
10. 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
SMC
2,383,896,588
SMC2F
223,333,500
SMC2I
169,333,400
SMC2J
266,666,667
SMC2K
183,904,900
11. Indicate the item numbers reported herein
Item 9
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.
San Miguel CorporationSMC
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
Results of the Organizational Meeting of the Board of Directors of the Company held today, June 13, 2023.
Background/Description of the Disclosure
The Company hereby informs the Exchange and the investing public on the results of the Organizational meeting of the Board of Directors of the Company held today, June 13, 2023, immediately after the adjournment of the Annual Stockholders' Meeting via zoom webinar video conference.
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Position/Designation
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
Ramon S. Ang
Vice Chairman, President and Chief Executive Officer
1,345,429
373,623,796
Through his 100% shareholidngs in Privado Holdings Corp.
-
-
-
220,311,756
Through his direct shareholdings in Master Year Limited which has shares in Top Frontier Investment Holdings, Inc. which in turn has shares in SMC
-
-
-
163,060,008
Through his direct shareholdings in Privado Holdings Corp. which has shares in Top Frontier Investment Holdings, Inc. which in turn has shares in SMC
-
-
-
335,720
Through his direct shareholdings in Top Frontier Investment Holdings Inc., which has shares in SMC
Ferdinand K. Constantino
Chief Finance Officer-Treasuer
477,692
0
N/A
Virgilio S. Jacinto
General Counsel, Corporate Secretary and Compliance Officer
180,830
0
N/A
Mary Rose S. Tan
Assistant Corporate Secretary
1,724
0
N/A
List of Committees and Membership
Name of Committees
Members
Position/Designation in Committee
Executive Committee
Ramon S. Ang
Member
Executive Committee
Menardo R. Jimenez
Member
Executive Committee
Estelito P. Mendoza
Member
Executive Committee
Inigo Zobel
Member
Audit and Risk Oversight Committee
Margarito B. Teves
Chairman
Audit and Risk Ovesight Committee
Teresita J. Leonardo-De Castro
Member
Audit and Risk Ovesight Committee
Estelito P. Mendoza
Member
Audit and Risk Ovesight Committee
Reynato S. Puno
Member
Audit and Risk Ovesight Committee
Diosdado M. Peralta
Member
Corporate Governance Committee
Reynato S. Puno
Chairman
Corporate Governance Committee
Aurora T. Calderon
Member
Corporate Governance Committee
Menardo R. Jimenez
Member
Corporate Governance Committee
Diosdado M. Peralta
Member
Corporate Governance Committee
Margarito B. Teves
Member
Related Party Transactions Committee
Teresita J. Leonardo-De Castro
Chairman
Related Party Transactions Committee
Joselito D. Campos, Jr.
Member
Related Party Transactions Committee
Alexander J. Poblador
Member
Related Party Transactions Committee
Reynato S. Puno
Member
Related Party Transactions Committee
Margarito B. Teves
Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors
Election of Reynato S. Puno as Lead Independent Director of the Company
Election of Ramon R. Bantigue as Head - Internal Audit of the Company
Other Relevant Information
Please refer to the letter disclosing the matters approved at the Organizational Meeting held on same day, and a copy of the SEC FORM 17-C for filing to the Securities and Exchange Commission via email.
Filed on behalf by:
Name
Mary Rose Tan
Designation
Associate General Counsel and Assistant Corporate Secretary