Delfin L. Lazaro

Mr. Lazaro also serves on the boards of the following:

• A.C.S.T. Business Holdings, Inc. - Chairman, Non-Executive Director
• AYC Holdings, Inc. - Chairman, Non-Executive Director
• AC Energy Holdings, Inc. - Non-Executive Director
• AC Industrial Technology Holdings, Inc. - Non-Executive Director
• AC International Finance Ltd. - Non-Executive Director
• Asiacom Philippines - Chairman, Vice President

He graduated with BS Metallurgical Engineering at the University of the Philippines in 1967 and took his MBA (with Distinction) at Harvard Graduate School of Business in 1971.

• Ayala Corporation - Director
• Ayala Land, Inc. - Director
• Globe Telecom - Director
• Integrated Microelectronics, Inc. - Director
• Manila Water Company, Inc. - Director
• Atlas Fertilizer & Chemicals, Inc. - Chairman