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)
May 11, 2023
2. SEC Identification Number
154675
3. BIR Tax Identification No.
948-229-000
4. Exact name of issuer as specified in its charter
CEBU AIR, INC.
5. Province, country or other jurisdiction of incorporation
Cebu City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Basement 2 – R 01 – 02, Robinsons Galleria Cebu, General Maxilom corner S. Osmena Boulevard, Barangay Tejero, Cebu City 6000Postal Code6000
8. Issuer's telephone number, including area code
(632) 8802-7000
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
Common
618,577,067
Convertible Preferred
313,108,001
11. Indicate the item numbers reported herein
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.
Cebu Air, Inc.CEB
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
Background/Description of the Disclosure
Results of Organizational Meeting of the Board of Directors of Cebu Air, Inc. held on May 11, 2023
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
Lance Y. Gokongwei
Chairman
6,668
1,000,000
Held under PCD Nominee Corp.
Michael B. Szucs
Chief Executive Officer
0
616,780
Held under PCD Nominee Corp.
Alexander G. Lao
President and Chief Commercial Officer
1
49,999
Held under PCD Nominee Corp.
Mark Julius V. Cezar
Chief Financial Officer and Compliance
0
47,500
Held under PCD Nominee Corp.
Anne Romadine P. Tieng
General Counsel and Corporate Secretary
0
47,500
Held under PCD Nominee Corp.
Ma. Elynore Villanueva
Treasurer
0
43,000
Held under PCD Nominee Corp.
List of Committees and Membership
Name of Committees
Members
Position/Designation in Committee
Audit Committee
Bernadine T. Siy
Chairperson
Audit Committee
Brian Mathew P. Cu
Member
Audit Committee
Jose Fernando B. Buenaventura
Member
Corporate Governance Committee
Richard Raymond B. Tantoco
Chairman
Corporate Governance Committee
Bernadine T. Siy
Member
Corporate Governance Committee
Brian Mathew P. Cu
Member
Board Risk Oversight Committee
Brian Mathew P. Cu
Chairman
Board Risk Oversight Committee
Richard Raymond B. Tantoco
Member
Board Risk Oversight Committee
Jose Fernando B. Buenaventura
Member
Related Party Transaction Committee
Richard Raymond B. Tantoco
Chairman
Related Party Transaction Committee
Bernadine T. Siy
Member
Related Party Transaction Committee
Jose Fernando B. Buenaventura
Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors
Ms. Bernadine T. Siy was appointed Chairperson of the Audit Committee, Mr. Richard Raymond B. Tantoco as Chairman of the Corporate Governance Committee, Mr. Brian Mathew P. Cu as Chairman of the Board Risk Oversight Committee, and Mr. Richard Raymond B. Tantoco as Chairman of the Related Party Transaction Committee. The Board also approved the change of principal office address of the Corporation.
Other Relevant Information
N/A
Filed on behalf by:
Name
Anne Romadine Tieng
Designation
Vice-President for Legal Affairs and Corporate Secretary