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Aboitiz Construction Completes 5 Warehouses For FAST Logistics  In  Cebu

How AI Avatars Are Stealing The Show At Business Events

Infrastructure

Aboitiz InfraCapital Signs Concession Agreement For Bohol-Panglao International Airport

Power

Hedcor Turns Over PHP5.1M Royalty Shares To Bukidnon Indigenous Communities

Aboitiz Group Advisory to External Stakeholders regarding COVID-19

2019 Bankers’ Night

2019 Brigada Eskwela Cebu

Aboitiz Eyes

OFFICIAL PRESS RELEASE
Coca-Cola Beverages Philippines, Inc. (CCBPI) Announces Change of Company Name
to Coca-Cola Europacific Aboitiz Philippines, Inc. (CCEAP)
Coca-Cola Beverages Philippines, Inc. (CCBPI) has changed the company’s legal
name from “Coca-Cola Beverages Philippines, Inc.” to “Coca-Cola Europacific
Aboitiz Philippines, Inc.” (CCEAP).

“Our new name signifies an exciting new phase in our journey as we reaffirm our
commitment to serving our customers, supporting our people and communities, and
driving long-term growth for the country. In the 113 years that Coca-Cola has
called the Philippines home, we look forward to a hundred more years of
refreshing our consumers and making a difference through our Great People, Great
Beverages, Great Execution, and Great Partners — Done Sustainably,” says Gareth
McGeown, President and CEO of CCEAP.

Following the announcement on 23 February 2024 on the completed acquisition of
CCEAP by Coca-Cola Europacific Partners Plc (CCEP) and Aboitiz Equity Ventures,
Inc. (AEV), the company has obtained approval from the Securities and Exchange
Commission for the change of company name.

Sabin Aboitiz, President and CEO of Aboitiz Group says, “More than anything,
this new name represents the strength of our partnership with Coca-Cola
Europacific Partners. We share a solid commitment to our customers and
communities, and with this new identity, we believe we can make a much more
meaningful impact.”

The signage unveiling at the Canlubang Plant was led by Coca-Cola Europacific
Partners Vice President and General Manager for Australia, Pacific, and
Southeast Asia, Peter West; Aboitiz Group President and CEO, Sabin Aboitiz; and
CCEAP President and CEO, Gareth McGeown. Joining them were CCEAP Supply Chain
Vice President Frank Garcia, and Atty. Nalin Alonzo, representing the Office of
the City Mayor of Calamba.
--------------------------------------------------------------------------------

SMA's Speech
Good morning, everyone!

It’s a beautiful day, perfect for a refreshing Coke, I have to say.

It’s a pleasure to be here as we unveil the new identity of Coca-Cola
Europacific Aboitiz Philippines or CCEAP. More than just a name change, this is
a bold statement about where we’re headed and the incredible opportunities we’re
creating together.

You know, Coca-Cola has been around for over 130 years, and it’s still the most
recognized brand in the world. They say if you stacked all the Coca-Cola ever
produced, it could reach the moon and back over 2,000 times. I don’t think we’re
planning to send Coke to the moon anytime soon, are we, Gareth? But we are
shooting for the stars with this new partnership. With all the conflicts
happening around the world today, I can guarantee that this is one of the things
we all have in common.

This new identity represents the strength of our collaboration with Coca-Cola
Europacific Partners. Together, we are committed to serving our customers,
supporting our communities, and driving long-term growth for the Philippines.
And trust me, this is just the beginning—we’re ready to pop the cap, so to
speak, on some exciting things ahead.

So, today is a day of celebration, of progress, of partnership, and of promise.
 I am confident that with the dedication of our teams, the support of our
partners, and the trust of the Filipino people, the future of CCEAP is as bright
as the sun is today.

Thank you, and congratulations to everyone who made this milestone possible.
Now, let’s raise a Coke and toast to our future success!

Unveiling Coca-Cola Europacific Aboitiz Philippines

Aboitiz Construction successfully completed the construction of five warehouses
for FAST Logistics Group in Brgy. Tayud, Consolacion, Cebu. The project,
spanning a total construction floor area of 17,315 square meters, was delivered
in less than a year.

The facility consists of five ambient warehouses and ancillary buildings
constructed in two phases. Utilizing Pre-Engineered Building (PEB) steel
materials and a steel formwork system, the project highlights Aboitiz
Construction's innovative approach to delivering durable and efficient
construction solutions.

The project employed approximately 300 workers, with 80% of the workforce
locally sourced from Cebu, contributing to community development and economic
growth. The project also recorded more than 800,000 safe man-hours, reflecting
the firm’s commitment to safety and quality.

Completed in partnership with property developer MVC Development Corporation and
project management consultant Hearn & Hearn Consulting, the warehouse complex
marks a significant milestone in FAST Logistics Group's expansion efforts. As
one of the Philippines' leading logistics and distribution solutions providers,
FAST continues to diversify its footprint to meet growing market demands.

“At Aboitiz Construction, we take pride in delivering infrastructure that
enables businesses to grow and communities to thrive. The completion of the FAST
Logistics Group’s warehouse complex in Consolacion, Cebu, reflects our steadfast
commitment to operational excellence and effective collaboration with partners,”
said Ramez Sidhom, Aboitiz Construction’s Chief Operating Officer.

Aboitiz Construction continues to expand its portfolio in the light industries
sector, delivering quality warehouses and supporting the growth of the logistics
industry. Through projects like these, the company advances its purpose of
helping businesses to prosper and communities to thrive.

By Ginggay Hontiveros-Malvar, Chief Reputation and Sustainability Officer,
Aboitiz Group and President, Aboitiz Foundation
This article was originally published on January 12, 2025 in the author's 
Tribune.net column 'On the G(ood) Side'.
[https://tribune.net.ph/2025/01/12/the-sustainable-edge-leading-with-purpose]


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AEV’s participation in the S&P Global CSA shows its drive to align with global
sustainability standards

In recent years, sustainability has emerged as a major factor for businesses
worldwide. Corporate leaders now view the long-term impact of investments on the
planet as important as financial returns. This shift towards sustainable
investing is driven by a growing recognition that companies have a great
responsibility not just to shareholders, but to society.

A key component of sustainable investing is the evaluation of Environmental,
Social and Governance (ESG) criteria, which provide a framework for assessing a
corporate entity’s commitment to sustainability. Evaluating a company’s ESG
performance allows investors to identify which businesses are aligned with their
values.

At Aboitiz Equity Ventures (AEV), ESG isn’t just a buzzword—it’s part of our
DNA. From utilizing technology to minimizing carbon emissions to achieving
gender equality in the workplace, we strive to do business the right way, which
means making sustainable, ethical and forward-thinking decisions.

The 2024 S&P Global Corporate Sustainability Assessment (CSA) strengthens AEV’s
position as a global sustainability leader, ranking first among Philippine
industrial conglomerates for the third year in a row. The company’s score placed
it in the upper quartile of other companies in the same category.

Considered as a respected and thorough evaluation of a company’s ESG
performance, AEV’s participation in the S&P Global CSA shows its drive to align
with global sustainability standards and dedication to responsible business
practices.

AEV’s commitment to transparency and good governance sets a benchmark for other
industrial conglomerates. Our efforts are reflected in full marks for
sustainability reporting assurance, as well as diversity, independence and
average tenure of the board.

Aboitiz’s risk and crisis management were also recognized with full scores in
emerging risk and risk governance, highlighting its proactive approach to
identifying potential challenges and implementing mitigation strategies, which
are hallmarks of corporate resilience.

AEV’s dedication to aligning its group business operations with global climate
goals is reflected in its full marks for climate-related scenario analysis and
low carbon products. Its strong performance in climate governance, and efforts
to innovate for lower greenhouse gas emissions show its commitment to energy
efficiency and creation of a greener economy.

Another notable achievement are the high scores recorded by AEV when it comes to
promoting workforce gender diversity, training and development, and occupational
health and safety. Recognizing the value of creating lasting relationships,
Aboitiz puts a premium on meeting the needs of its stakeholders, resulting in
full marks for customer satisfaction management.

The strong scores received by AEV in people analytics and strategic workforce
planning demonstrate its effective leverage of innovation, technology and a
startup culture in its evolution to become the Philippines’ first techglomerate.

Looking ahead, there’s room for AEV to strengthen its environmental leadership
by expanding the scope of its biodiversity conservation efforts. Similarly,
amplifying efforts in material issues for enterprise value creation will bolster
its good governance footprint.

The new year brings fresh opportunities for Aboitiz to lead in driving
sustainable practices. By addressing gaps and setting new benchmarks, AEV has
the potential to solidify its legacy as a transformative force for good.

The Sustainable Edge: Leading With Purpose

Aly Virrey

AI is no longer a futuristic concept—it’s here, and it’s redefining how we
operate, engage, and innovate. At the Aboitiz Group, our AI-powered avatars
[https://aboitizeyes.aboitiz.com/post/leadcon-2024-previews-future-of-human-centered-tech-in-aboitiz]
are taking center stage, leveraging state-of-the-art algorithms in speech
recognition, reasoning, voice synthesis, and facial animation. By responding to
cues in real-time and autonomously gathering insights, these avatars are
transforming how we connect with audiences and deliver impactful experiences,
spearheading our journey as the Philippines’ first Techglomerate.

Revolutionizing Customer Experiences: Elsie at the UnionBank Mercury Card Launch
In October, attendees of UnionBank’s partnership event with Mercury Drug
[https://aboitizeyes.aboitiz.com/post/new-unionbank-mercury-drug-credit-card-is-the-ultimate-health-and-wellness-credit-card] 
at the Grand Hyatt BGC were greeted by a unique assistant: Elsie, our AI avatar.
Dressed in a custom Nike X UBP X Mercury shirt, Elsie demonstrated how
technology can deliver a seamless and interactive customer experience.

 * Engagement Highlights:
   Elsie answered a wide range of questions—program schedules, event details,
   and even specifics about the Health and Wellness Card being launched. Guests,
   ranging from executives to celebrities, were impressed by her depth of
   knowledge and human-like interaction.
 * Why It Matters:
   Elsie elevated the event beyond the ordinary, positioning AI not just as a
   novelty but as a reliable and value-adding assistant. "Elsie’s presence
   brought a seamless and engaging element to our launch," said Jerrica Pastor,
   UnionBank Co-Brands Product Manager. "She reflects our commitment to pushing
   boundaries and reimagining customer service excellence."
   

Developed by the Transformative Tech and Transformation Teams in collaboration
with UnionBank, this version of Elsie donning a Nike X UBPxMercury shirt
impressed guests at the UnionBank Mercury Card Launch held last October, with
many of them inquiring how she worked and her other capabilitiesDriving
Transformation Through Innovation: MirAI at the Heart of AP TBG’s Rebranding
In October, AboitizPower Thermal unveiled its rebranding to the Transition
Business Group (TBG), emphasizing innovation and sustainability as key pillars
of its transformation. Enter MirAI, an AI avatar designed to represent TBG’s
future-focused aspirations. Derived from the Japanese word 'Mirai,' meaning
'future,' the avatar embodied TBG’s vision of leading a “Just Transition” toward
cleaner technologies while fueling economic growth.

 * Engagement Highlights:

At the AP TBG LeadCon on October 23 at Sheraton Manila, MirAI co-hosted a
segment with Chief Engineering and Projects Officer Don Paulino, seamlessly
delivering clarity, energy, and thoughtful insights. When posed with an
impromptu technical question, MirAI’s response sparked discussions on AI’s
potential to enhance processes. The momentum continued at the November 8 Team
Member Reload event, where MirAI engaged employees and inspired conversations
about AI’s role in driving TBG’s sustainable energy vision.

 * Why It Matters:

MirAI showcased the transformative potential of AI, positioning it as a tool for
innovation and collaboration. "MirAI was more than a co-host—he was a symbol of
what’s possible when innovation meets ambition," said Cyrill General, AP TBG AVP
for Innovation and Business Process Management. "His ability to engage
meaningfully with our team, adding insight and value, reflects the kind of
transformation we’re embarking on."

AP TBG’s Innovation and Business Process Management Team worked with the AEV
Transformative Tech and Transformation Team for several weeks to design a
special AI Avatar for its Rebranding and build a curated knowledge baseEnriching
Strategic Decisions: Elsie at the AEV Strategy Open House
By late November, Elsie embraced a new role as a specialist in healthcare at the
AEV Strategy Open House, supporting the Corporate Strategy Team’s presentation
of emerging sectors at the Fort Shangri-La in BGC.

 * Engagement Highlights:
   Elsie was designed to provide accurate and in-depth responses to questions
   from directors and leaders, addressing topics from industry trends to
   strategic implications. Her AI-driven insights enriched discussions and
   underscored technology’s ability to empower critical decision-making.
 * Why It Matters:
   "Having Elsie at the Open House engaged our leaders," said Gabrielle, AEV AVP
   for Corporate Strategy. "Her ability to deliver on-demand information and
   synthesize ideas demonstrates how AI can complement and optimize
   decision-making." Elsie’s role showcased the potential of AI as a strategic
   partner, helping leaders navigate complexities and shape the future of
   business.
   

Working with the Transformative Tech and Transformation Teams, the Corporate
Strategy Team curated its knowledge base to ensure reliability of data sourcesA
bold future with AI
Building on these successes, other business units have been inspired to explore
AI integration, creating a ripple effect across the Group and driving broader
adoption. These initiatives exemplify the transformative potential of AI—not
just as a tool for efficiency, but as a driver of innovation and strategic
advantage.

As we move into 2025, our AI avatars stand as a testament to the power of
technology to redefine customer engagement and business operations. They
underscore our commitment to advancing our Techglomerate vision, leveraging
digital and data capabilities to create value and enhance experiences.

By Ginggay Hontiveros-Malvar, Chief Reputation and Sustainability Officer,
Aboitiz Group and President, Aboitiz Foundation
This article originally appeared on the author's Tribune.net column 'On the
G(ood) Side'.
[https://tribune.net.ph/2024/12/29/2024-a-year-of-impact-and-innovation-for-aboitiz-foundation]


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Published on December 29, 2024

If the beginning of every year is associated with making resolutions, the final
days of December are often dedicated to reflecting on the highs and lows of the
past 12 months. As 2024 draws to a close, it’s time to take stock of the strides
made by Aboitiz Foundation in fulfilling its commitment to uplift Filipinos’
lives through education, jobs and climate action.

Creating meaningful and lasting change requires teamwork, which is why Aboitiz
Foundation scaled up partnerships with stakeholders. By cultivating the culture
of collaboration, we’re able to work with a wide range of stakeholders to ensure
our programs reach more communities.

Education has always been at the heart of Aboitiz Foundation’s mission. The
Aboitiz Future Leaders program continues to make a significant impact,
supporting 123 new scholars this year across various universities in the
Philippines. More than just providing financial support to students, the
scholarship is about creating pathways to success and empowering the youth to
become changemakers.

Since the program began in 2006, Aboitiz Future Leaders have graduated from
college, becoming innovators and catalysts for progress in the workforce.

Aurora PH, Aboitiz Foundation’s initiative to connect last-mile schools to the
internet through solar power, surpassed its 2024 pilot goal of linking 10
schools to the digital world. A total of 11 schools in remote communities now
harness sustainable energy to access educational materials and vital resources.
One of the project’s newest beneficiaries is Iram II Elementary School in
Zambales. In partnership with Subic EnerZone, solar panels were installed on top
of school buildings, providing a reliable power source for students and
teachers.

Moving forward, Aboitiz Foundation aims to energize 300 last-mile schools to
improve access to education and empower surrounding communities through access
to vital services and livelihood opportunities.

Elevate AIDA has been a game-changer for women empowerment. This program, in
partnership with Connected Women, provides training in artificial intelligence
and data annotation to women from marginalized sectors. For 2024, a total of
1,800 women from various provinces, including the cities of Naga and Talisay and
the municipality of Consolacion, successfully completed the program. Equipped
with digital skills, the graduates can seek employment opportunities that allow
them to earn a steady income while balancing their responsibilities at home.

Looking ahead over the next five years, Aboitiz Foundation plans to scale up
Elevate AIDA to benefit 300,000 women, further expanding its impact and
empowering more women across the Philippines.

In the area of climate action, 2024 marked the launch of CarbonPH, a
large-scale, multipartite reforestation and watershed recovery project  in
partnership with the provincial government of Cebu. This initiative involves the
reforestation and protection of the 29,000-hectare Central Cebu Protected
Landscape, which serves as Cebu’s main water source and is home to several
endemic species.

Beyond its mission to drive positive change, Aboitiz Foundation is committed to
nation building through initiatives in education, jobs and climate action. 2024
was a testament to the power of partnership, with our programs inspiring
innovation and creating lasting impact.

As we look ahead to 2025, Aboitiz Foundation’s vision remains clear: To continue
building a better and more sustainable Philippines. We’re keen on forging new
partnerships and sustaining our collaboration with long-time stakeholders to
fulfill our vision of transforming more lives and creating inclusive growth.

2024: A Year Of Impact And Innovation For Aboitiz Foundation

Jade Hazel Chiu

ASEAN Engineers. Three engineers of Davao Light and Power Co., Inc. (Davao
Light) namely (L-R): Richard Regidor, Virmel Dabon, and Jonel Padillo, were
accorded as ASEAN Engineers after being included in the prestigious ASEAN
Engineering Register (AER) during the Conferment Ceremony held in Century Park
Hotel, Manila last December 12, 2024. This recognition highlights their
expertise, experience, and contributions to the Electrical Engineering field.
Three engineers from Davao Light were recognized as ASEAN Engineers and included
in the prestigious ASEAN Engineering Register (AER). The title showcases their
expertise, experience, and contributions to the field of Electrical Engineering
while affirming them as globally competent engineers.

Engrs. Virmel Dabon, Jonel Padillo, and Richard Regidor became part of the AER
by meeting professional qualifications and standards as certified by the ASEAN
Federation of Engineering Organizations (AFEO) Governing Board through the
Philippine Technological Council (PTC).

The AER is an official directory of engineers across the ASEAN region, aimed at
promoting recognition, safeguarding the professional interests of engineers,
fostering high standards, and strengthening cultural and professional ties among
its members.

“Becoming an ASEAN Engineer connects professionals to a broader network of
engineers across the ASEAN region,” shares Engr. Dabon. “This gives
opportunities for collaboration and knowledge exchange in Electrical
Engineering. This also opens opportunities for partnerships, resource sharing,
and collaborative innovation, which I can bring in for Davao Light.”

The three are the second group of Davao Light engineers to achieve the
distinction, bringing the number of ASEAN Engineers in the power distribution
utility to eight.

“We are proud of our ASEAN Engineers. Their achievement is also our achievement.
It reflects their excellence and reinforces our commitment to keeping the
highest standards of engineering practice,” said Davao Light Head Engr. Enriczar
Tia.

“It motivates me to stay updated with advancements in my field… the process of
obtaining and maintaining the ASEAN Engineer title encourages ongoing
professional development and lifelong learning,” added Engr. Dabon.

The three honorees have proven their competence in their respective fields of
specialization: Operation and Maintenance of Transmission and Distribution
Systems for Engr. Dabon, Utility Regulatory Compliance for Engr. Padillo, and
Electrical Network Protection for Engr. Regidor.

“With experts in Davao Light, we can assure our customers of world-class
service,” added Engr. Tia.

Davao Light, an AboitizPower subsidiary, aims to empower and add value to the
communities it serves by providing tools, services, and keys to efficiency and
well-being, which will bring about development in its franchise area, which
covers the cities of Davao and Panabo, and the municipalities of Carmen, Dujali,
and Sto. Tomas.

Davao Light Engineers Inducted Into Prestigious ASEAN Engineering Registry

A slight uptick in the generation charge this December 2024 pushed Davao Light
overall residential electricity rate up by PHP0.0957 per kilowatt hour (kWh).

High electricity prices in the Philippine Wholesale Electricity Spot Market
(WESM) in Mindanao – a venue for trading electricity as a commodity – increased
the generation charge and subsequently, the overall rate to PHP9.2058/kWh from
PHP9.1101/kWh last November. This rate applies to residential bills received
from December 12, 2024 to January 10, 2025.

“For a household consuming an average of 200 kWh monthly, this is equivalent to
an increase of around PHP19.14 in their current billing,” said Davao Light
Reputation Enhancement Department Head Fermin Edillon.

Charges from power sources make up the generation charge which, like the
transmission charge are pass-through charges that the distribution utility
merely collects and pays to power suppliers and the transmission operator.

Meanwhile, the distribution charge is the only payment that goes to Davao Light.
This was approved by the Energy Regulatory Commission (ERC) and has not
increased since 2013.

Since rates are uncontrollable and vary monthly based on market prices, the
power utility encourages customers to use electricity wisely and efficiently,
especially this holiday season when, historically, power consumption is high.

“We also remind our customers to prioritize electrical safety this season,”
Edillon added. “With all the gatherings and events in and around our homes, it
is important to be vigilant and mindful in using electricity to avoid
electrocution and electrical fire-related incidents. Applying safety and energy
conservation practices can bring a joyful and meaningful Christmas and New
Year.”

Davao Light customers are encouraged to check on electrical safety and energy
conservation tips on its official Facebook page DavaoLightOfficial, and check
the complete monthly rates at www.davaolight.com.

Davao Light, an AboitizPower distribution utility, aims to provide its customers
with a front-seat vantage point regarding its services, including the sourcing
and pricing of its electricity. This is in line with the mission of the company
to deliver at the most reasonable cost, safe and reliable electric service to
the people and businesses it serves.

Higher Generation Charge Pushes Up Davao Light Rate In December

Earl Gio Manuel

RECRUITMENT ONE-STOP SHOP. Aboitiz Construction's Recruitment One-Stop-Shop
(ROSS) events across five provinces connected hundreds of job seekers with
opportunities, supported by LGUs, PESO, and key employment agencies.True to its
commitment to nation building, Aboitiz Construction successfully conducted
Recruitment One-Stop-Shop (ROSS) activities across five provinces, providing job
opportunities for hundreds of applicants eager to join its project teams
nationwide.

The recruitment events took place in the following areas: The Outlets at Lipa in
Batangas on June 28, Brgy. Lourdes in Tarlac City on August 16, Guihulngan City
in Negros Oriental on November 13, and simultaneous events in Malaybalay City,
Bukidnon, and Teresa, Rizal on December 6.

Across all locations, Aboitiz Construction hired 145 candidates on the spot out
of the 855 applicants who participated in said events. Many of the successful
candidates are now deployed in Aboitiz Construction’s project sites in Batangas,
Tarlac, Cebu, and Surigao del Norte. Almost 50% of the remaining applicants are
currently undergoing further evaluation for potential deployment in upcoming
projects.

ROSS underscores the company’s commitment to creating meaningful opportunities
and strengthening local communities as part of its broader purpose of building
for business to prosper and communities to thrive.

> By connecting directly with local talent, we create meaningful career
opportunities that support both our project goals and regional economic growth.
We’re excited to welcome new team members and look forward to achieving great
things together.

-Raizza Manuel, Sr. AVP for People and Corporate Shared Services, Aboitiz
Construction
Unlike usual recruitment activities, Aboitiz Construction's Recruitment
One-Stop-Shop (ROSS) integrates the Skills on Wheels platform, which not only
facilitates hiring but also brings scaffolding and welding training directly to
interested individuals within their communities.The events were held in
partnership with local government units and the Public Employment Services
Office (PESO) in each area, ensuring a smooth and accessible application
process. Representatives from the Social Security System (SSS), Pag-IBIG Fund,
National Bureau of Investigation (NBI), Philippine Statistics Authority (PSA),
PhilHealth, Bureau of Internal Revenue (BIR), Philippine National Police, and
Technical Education and Skills Development Authority (TESDA) were also present
to assist applicants with employment requirements.

Through this event, Aboitiz Construction is contributing to nation-building by
strengthening its workforce and adding valuable talent to support its growing
operations nationwide. With over 4,000 team members now engaged across various
projects throughout the country this year, the company plays a crucial role in
driving progress and development across the Philippines.

Aboitiz Construction Builds a Better Future At 
Nationwide One-Stop Recruitment Events

Franz de la Fuente

MISOR OFFICIALS VISIT ABOITIZ INFRACAPITAL’S LIMA ESTATE. All smiles as members
of the Misamis Oriental provincial government, led by Governor Peter M. Unabia
and Vice Governor Jeremy G. Pelaez, paid a visit to Aboitiz InfraCapital
Economic Estate’s LIMA Estate in Batangas to conduct benchmarking activities.
Officials of the Misamis Oriental provincial government recently completed a
benchmarking trip to Aboitiz InfraCapital’s (AIC’s) LIMA Estate in Batangas, a
Philippine Economic Zone Authority-registered economic zone and the country’s
first and largest 5-star BERDE-(Building for Ecologically Responsive Design
Excellence)-certified industrial estate development.

> We are honored to share the best practices and innovations of LIMA Estate with
the Misamis Oriental delegation. Benchmarking activities like this exemplify
AIC's commitment to fostering collaboration with our ever-valuable stakeholders. 

– Cosette V. Canilao, President & CEO, AIC
During their visit from December 9 to 11, the Misamis Oriental contingent, led
by Governor Peter M. Unabia and Vice Governor Jeremy G. Pelaez, toured LIMA
Estate’s LIMA Estate Experience Center and The Outlets at Lipa.

Governor Peter M. Unabia arrives at Aboitiz InfraCapital Economic Estates’ LIMA
Estate in Lipa-Malvar, BatangasIn addition to Governor Unabia and Vice Governor
Pelaez, Misamis Oriental Provincial Board Members Robert de Lara, Rey Buhisan,
Wayne Militante, Gerardo Sabal III, and Dexter Yasay joined, along with
Provincial Administrator John Ladaga.

> We are pleased to help enable local government units (LGUs) to replicate
sustainable and efficient infrastructure solutions that spur economic
development and enhance the quality of life in their communities.

– Christopher M. Camba, First Vice President and Head of Corporate Affairs,  AIC
Misamis Oriental is the home province of Laguindingan International Airport, the
country’s sixth-busiest gateway and whose upgrade, operation, and maintenance
will be undertaken by AIC - with an official turnover scheduled for April 2025.

Laguindingan International Airport, considered the Gateway to Northern Mindanao,
provides key access to Misamis Oriental’s three manufacturing economic zones:
Jasaan Misamis Oriental Ecozone, Manticao Ecozone Corporation SEZ, and Phividec
Industrial Estate-Economic Zone.

Spanning 940 hectares, LIMA Estate in Lipa-Malvar, Batangas is the country’s
largest privately-owned industrial estate, housing 240+ locators and 74,000+
employees. LIMA Estate is also home to the 70-hectare Biz Hub at LIMA Estate,
Batangas’ first master-planned business district, whose LIMA Tower One is
already nearly fully leased on top of strong demand.

Over the past years, AIC Economic Estates has created multiple dynamic
employment opportunities for Filipinos and its host communities. To date, AIC
Economic Estates has generated PHP158 billion in investments to date, and in
2023 alone, helped generate PHP3.4 billion in exports. In TARI Estate, AIC’s
newest Economic Estate in Tarlac City, over 60,000 jobs are projected to be
generated.

Recently, AIC Economic Estates partnered with the Lipa City LGU for PinasBilis
eBoss Package, a collaboration with AboitizLand and Aboitiz Foundation, designed
to provide the city with essential tools to enhance efficiency and speed up
permits and licensing processes.

Misamis Oriental Execs Take In A Learning Tour Of LIMA Estate

Byron Kingsley Chua

UBX marked its 6th anniversary and the end of the year with a Christmas Party,
themed #RisingHigherAtSix, held at UBX HQ last Tuesday, December 17, 2024. The
celebration blended fun, games, and performances, bringing UBXers together to
honor their achievements and embrace the holiday spirit.

This year’s theme, #RisingHigherAtSix, reflects UBX's dedication to innovation
and financial inclusion. From launching groundbreaking projects to forming
impactful partnerships, the company has continued to push boundaries and create
meaningful change. A highlight of the year was the investment from SBI Holding
[https://ubx.ph/press/sbi-acquires-stake-in-ubx/]s—a transformative
collaboration that will drive growth and unlock new opportunities for UBX in the
years ahead.

The festivities began with pre-event activities like distributing holiday
baskets and an office-wide scavenger hunt, adding energy and excitement to the
season. The main event at UBX HQ featured parlor games, including the
crowd-favorite Lip Sync Battle, where teams delivered creative and energetic
performances to Christmas hits. UBXers also enjoyed the annual People's Choice
Awards, with playful categories such as "Laging Ready Award" (Always Ready
Award) and "Best Desk Award," fostering engagement and camaraderie.

Pinakama-Tech-NikRaffle draws with exciting prizes like gift certificates and
tech devices capped off the night, leaving attendees in high spirits.

Mabuting NilalangAs UBX steps into its seventh year, the celebration highlighted
not only past successes but also the company’s bright future. Launched in 2018
as a spin-off from UnionBank of the Philippines, UBX has remained steadfast in
its mission to deliver financial inclusion through innovation and digital
transformation.

Banking and Financial Services

UBX Celebrates 6th Anniversary: #RisingHigherAtSix

Last November 11, Aboitiz Construction was proudly included in the Philippine
Daily Inquirer's prestigious list of the "Philippines' Best Employers 2025,"
marking the third consecutive year the company has earned a spot on the list.
The report, conducted in collaboration with Statista, the world’s leading data
and business intelligence portal, surveyed thousands of employees across
industries to determine the top employers in the country.

Among the 300 companies listed across 27 industries, Aboitiz Construction was
ranked 2nd in the Construction, Oil & Gas Operations, and Mining industry. This
recognition underscores the company's continued commitment to its employees and
its position as a leader in the construction sector.

“This recognition is a testament to the dedication, hard work, and passion of
our team members. At Aboitiz Construction, we are committed to fostering a work
environment where every individual has the opportunity to grow, thrive, and
contribute to our mission of building a better future for a better Philippines.
This award further motivates us to continue empowering our workforce and
delivering operational excellence in everything we do,” said Antonio Peñalver,
Executive Director of Aboitiz Construction.


The award is based on a comprehensive survey that invited thousands of employees
to rate their employers, evaluating whether companies truly lived up to the
values and public image they promoted. Respondents were asked to assess not only
their own organizations but also other companies in their respective industries
that they would confidently recommend to friends and family.


As Aboitiz Construction approaches its golden anniversary in 2025, the company
remains committed to growth, innovation, and strengthening partnerships across
the country. The recognition as one of the best employers for the third
consecutive year reflects Aboitiz Construction’s ongoing dedication to creating
a positive work culture, enhancing employee satisfaction, and fostering
long-term success.

As a Quadruple A licensed contractor, Aboitiz Construction,  consistently
delivers quality projects across heavy and light industries, infrastructure, and
maintenance services—and by leveraging synergies within the Aboitiz
Group—Aboitiz Construction continues to cement its position as an industry
leader. This achievement serves as a testament to the company's focus on
empowering its team members, reinforcing its commitment to excellence, and
positioning itself for even greater accomplishments in the years ahead.

Aboitiz Construction Earns Spot On “Philippines’ Best Employers" List for Third Straight Year

Unite for Transformative Education. Aboitiz Group leaders and education
advocates stand alongside DepEd Secretary Sonny Angara to champion innovative
and impactful education initiatives. From left: CitySavings External Relations
Head Atty. Roel Eric "Rookie" Garcia, CitySavings CSR and Sustainability Head
Paula Ruelan, DepEd Secretary Sonny Angara, Aboitiz Foundation COO Mardi
Mapa-Suplido, and Aboitiz Foundation President Ginggay Hontiveros-Malvar.> 
Public-private partnerships accelerate our impact on learners and teachers. By
working together, we can create enduring solutions that ensure a brighter future
for Filipino children.

– Sec. Sonny Angara, Department of Education
As 2024 comes to a close, Department of Education (DepEd) Secretary Sonny Angara
commended Aboitiz Foundation for its continued dedication to improving
Philippine education. 
The agency likewise recognized the Aboitiz Group's initiatives from City Savings
Bank, AboitizPower’s Therma South Inc., and Visayan Electric, for advancing
education and uplifting communities across the Philippines.

Through programs like AuroraPH and Aboitiz Future Leaders, the Foundation has
created lasting solutions to benefit students and teachers, especially in remote
and underserved areas.

“Aboitiz Foundation has demonstrated unwavering dedication to providing quality
education for the Filipino youth, particularly in underserved and remote
communities,” said Secretary Angara. “Public-private partnerships accelerate our
impact on learners and teachers. By working together, we can create enduring
solutions that ensure a brighter future for Filipino children.”

The AuroraPH program has exceeded its 2024 goal by energizing and connecting 11
last-mile schools to the internet through solar power, surpassing the original
target of 10 schools. These solar panels provide a sustainable solution to
energy and connectivity issues in remote areas. In 2025, the Foundation plans to
expand AuroraPH to reach 100 more schools nationwide, helping even more students
access quality education.

Meanwhile, the Aboitiz Future Leaders program continues to empower the youth,
currently supporting 50 college scholars in various universities across the
country. For 2025, the program aims to onboard 100 more scholars, giving them
access to education and brighter career opportunities.

“Our partnership with DepEd drives us to create transformative programs that
open pathways for Filipino youth,” said Aboitiz Foundation President Ginggay
Hontiveros-Malvar. “Through AuroraPH and Aboitiz Future Leaders, we’re turning
challenges into opportunities for success.”

In addition to education, the Aboitiz Foundation focuses on two other pillars:
Jobs and Climate Action. The flagship program under the Jobs pillar, Elevate
AIDA, equips women with skills in artificial intelligence and data annotation,
paving the way for meaningful job placements and income generation. Meanwhile,
the Climate Action pillar highlights programs such as CarbonPH and the Wasteless
Campaign, both of which emphasize environmental sustainability and resilience.
CarbonPH focuses on reforestation and watershed recovery, while the Wasteless
Campaign promotes recycling and sustainable practices in partnership with
communities and stakeholders.

“Programs like AuroraPH and Aboitiz Future Leaders show how partnerships can
drive inclusive growth and sustainable development,” added Hontiveros-Malvar.
“We thank the Department of Education for its invaluable guidance and support.”

Aboitiz Foundation’s multi-pronged approach to nation-building reflects its
mission to create a better and more sustainable Philippines. By supporting
education, fostering job creation, and championing climate action, the
Foundation aligns with national development goals and inspires collaboration
across sectors.

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