Corporate Governance Practices

The Board of Directors, officers, executives, and employees of the La Filipina Uy Gongco Group of Companies (the Company) commit themselves to the fundamental principles of good corporate governance which are recognized components of sound strategic business management that enhance the Group’s value to its stakeholders.

The Company and its shareholders adhere to the principles of integrity, accountability, fairness, and transparency in developing and upholding an ethical corporate culture to promote the interests of the Group and its stakeholders, including customers, employees, suppliers, financiers, government and the communities in which it operates.

The Company has documented its corporate governance principles and practices in the form of a Corporate Governance Manual. It exerts every effort necessary to create awareness on the provisions of this Manual within the organization and ensure compliance thereof. This Manual is kept under constant review and revision to meet the emerging standards of good corporate governance practices.

Through its Code of Business Conduct and Ethics, the Company ensures that its business is conducted, in all respects and all the times, according to rigorous ethical, professional and legal standards. The Company likewise commits to the creation of workplaces free from harassment and discrimination where co-workers are respected and provided a healthy working environment.