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Aboitiz Group Underscores MSMEs Transformation At Sustainability Summit

Banking and Financial Services

Helping MSMEs Manage Fuel Costs Through Tech

Food

Pilmico Promotes Sustainability Through Upcycled Flour Sacks

SMA To ABAC Leaders: “People Are The Heart And Soul Of Economies”

Aboitiz Group Advisory to External Stakeholders regarding COVID-19

2019 Bankers’ Night

2019 Brigada Eskwela Cebu

Franzia Marie de Leon

Chef Ritz Michael Cornel (left) and Chef Christopher Colarte (right) of Pilmico
Flour receives 2nd place in U.S. Wheat Associates’ Cake Contest last November
18, 2022.Pilmico Foods Corporation garnered 2nd place in U.S. Wheat Associates’
Cake contest held last November 18, 2022, at the Mariott Manila Ballroom. The
competition is in line with the organization’s 60th-anniversary celebration. 


Pilmico Flour team’s winning cake is a Tropical Chiffon Cake inspired by the
fruit cart street vendors. Chef Ritz Michael Cornel and Chef Christopher Colarte
made the cake with quality and finely-milled soft wheat Pilmico Wooden Spoon
Cake Flour, fresh Filipino fruits, and nuts.


Pilmico Flour’s Tropical Chiffon Cake is made with local Filipino fruits and
Wooden Spoon Cake Flour.“We wish to showcase the unique and delicious flavors
from the Philippines - such as the tangy flavors of native calamansi and green
mango -  that can be found in the backyards of Filipino homes, and sold by
hardworking street vendors. This cake is made with only fresh, natural, and
locally-sourced ingredients, which puts the flavors and textures of the fruit
and nuts as the highlight of the cake,” Chef Ritz shared.

In addition, each cake layer was infused with summer fruits like banana peels
and candied langka with castañas-flavored whipped cream. The cake was also
topped with dried kamias, chico, balimbing fruit, and edible flowers. 

The judges, composed of representatives from various flour organizations,
awarded Pilmico 2nd place in the Cake Contest. 

Pilmico Flour team together with members of U.S. Wheat Associates (USW) Manila
during their 60th anniversary celebration.Representatives from various flour
milling companies, along with Ambassador MaryKay Carlson, the United States
Ambassador to the Philippines, joined the celebration. A USQ Crop Quality
Seminar was held during the morning of the event and attended by Pilmico Flour
team headed by Elna Mosqueda, QA Manager Flour Operations, and Kristine Benitez,
QA Sr. Supervisor.

Pilmico Flour’s Tropical Chiffon Cake wins at U.S. Wheat Associates’ Cake Contest

Aboitiz Eyes

Prosperity Pillar lead Aboitiz Group, represented by AEV First Vice President
and Chief Reputation and Sustainability Officer Ginggay Hontiveros, shared
pillars interventions to help micro, small and medium enterprises (MSMEs)
transform to become competitive, resilient, and digital entrepreneurs.Micro,
small and medium enterprises (MSMEs) play a key role in the economy and society,
but are the most vulnerable to the challenges brought about by a volatile
environment, as the effects of the Covid-19 pandemic have shown. That is why for
2022, its 4th Sustainability Summit, the UN Global Compact (UNGC), through its
local network Global Compact Network Philippines (GCNP), in cooperation with the
United Nations Industrial Development Organization (UNIDO), is focused on the
theme “Scaling Up the 10-in-10 Agenda for MSME Recovery and Resilience”.

On Tuesday, November 22, the Summit delved straight into presentations and panel
discussions that highlighted best practices and the progress plans of the
10-in-10 Agenda to support MSMEs. The UNGC’s 10-in-10 Agenda involves 10 focus
areas for MSMEs to be undertaken in 10 years, from 2021 to 2031. These focus
areas are divided into three work streams: People, Prosperity, and Planet, with
the Prosperity Pillar led by the Aboitiz Group.

During the summit, Aboitiz Equity Ventures (AEV) First Vice President and Chief
Reputation and Sustainability Officer Ginggay Hontiveros stressed that the goal
of the Prosperity Pillar is to help MSMEs transform and become competitive,
resilient, sustainable, and innovative entrepreneurs through equitable and
inclusive approaches for their long-term growth and development.

“To achieve this goal, we need to provide them with platforms, technologies,
capability training, and access to markets and financial institutions to help
them during this challenging time,” said Hontiveros.

RESOURCE SPEAKERS. Aboitiz Equity Ventures First Vice President and Chief for
Reputation and Sustainability Ginggay Hontiveros (right-most) represents the
Aboitiz Group at UNGC’s 2022 Sustainability Summit, underscoring the values of
MSMEs to be resilient, sustainable, and to be innovative entrepreneurs for the
future. With her are co-speakers (from left) Unilever Philippines and Southeast
Asia Sustainable Business Senior Manager Rondell Torres, and GUAVA Amenities
Pte. Ltd. Director Gabriel Tan.Illustrating the opportunities technology can
provide to MSMEs, Hontiveros shared the Aboitiz Group’s Biyaheng Digiskarte
mentoring program and model as best practices that would help MSMEs recover and
remain resilient.

“‘Digiskarte’ was coined to highlight the disruptions in all industries that
happened in the digital space. Therefore, to adjust the strategies and tactics
to optimize the digital platforms and spaces is our way forward, our diskarte.
Digiskarte is using digital tools, approaches and innovations in doing
business,” Hontiveros explained.

Alongside the Aboitiz Group, the Prosperity Pillar involves collaborative
efforts with co-lead SM Investments Corporation, and fellow member companies
Philippine Marketing Association, Nestlé Philippines, Unilever, Pilipinas Shell
Petroleum Corporation, ADEC Innovators, and Subic International Management and
Consultancy.

“Let us all act collectively to help MSMEs recover losses from this pandemic and
be resilient over time. Through our strategic and collaborative synergies as
ecosystem stakeholders working together, we will be able to scale up our tested
business cases to create meaningful and impactful approaches to recovery and
resiliency building for them,” said Hontiveros, sending to the audience of
like-minded changemakers a call-to-action.

LIGHT TALKS. Left photo: Prior to start of the ABAC Dialogue with APEC Leaders,
Aboitiz Group President and CEO Sabin Aboitiz (2nd from left) grabs
opportunities to share his perspective on the business landscape in the
Philippines with ABAC Members from Mexico Guillermo Miller (left) and Agustin
GarciaRechy (extreme right) and Laura Lane (front) of United States. Right
photo: Aboitiz (right) with Canadian Prime Minister Justin Trudeau (left).Over
the course of a five-day summit, APEC Business Advisory Council (ABAC) members
prepared for their annual Dialogue with APEC Leaders through purpose-driven
discussions and exchanges. On November 18, the Dialogue with Leaders was held.
It focused on collective leadership and decisive action in order to enhance
regional economic recovery and long-term growth and prosperity through
multi-stakeholder cooperation.

> ABAC has proposed a range of actions to deepen economic integration, including
supporting a stronger and more relevant WTO and accelerating the journey towards
the Free Trade Area of the Asia-Pacific through a structured work programme that
would deliver tangible benefits for businesses in the short to medium term.

-Kriengkrai Thiennukul, 2022 Chairperson, ABAC
The dialogue was conducted through breakout sessions between ABAC members and
APEC leaders. In the breakout session, Aboitiz Group President and CEO and ABAC
PH member Sabin Aboitiz joined Australian Prime Minister Anthony Albanese,
Canadian Prime Minister Justin Trudeau, South Korean Prime Minister Han
Duck-soo,  Mexico Ambassador Bernardo Cordoba, and New Zealand Deputy Trade and
Economic Minister Vangelis Vitalis, as well as the ABAC members of their
respective economies.

There were four main topics of discussion namely economic recovery,
sustainability, regional economic integration, and digitalization and inclusion.

> We had very productive and healthy discussions on a variety of issues that spoke
directly to feasible and reasonable solutions to many of the region’s more
pressing economic development challenges.
-Sabin Aboitiz, REIWG Co-Chair & Services Trade Lead, ABAC
Prior to the breakout sessions, a plenary session was held with all the
attending APEC leaders and ABAC members. During the plenary, 2022 ABAC Chair and
Chairman of the Federation of Thai Industries Kriengkrai Thiennukul presented on
behalf of the ABAC members the 2022 ABAC Report to Leaders.

“We will impress on Leaders that these challenges demand both leadership and
decisive action from APEC economies. We, in the business community, are eager to
contribute, collaborate and advance recovery to secure future growth,” said
Kriengkrai.

In his speech, Kriengkrai summarized key recommendations from the 2022 ABAC
Report to Leaders. This included an integrated sustainability agenda, including
APEC’s climate response and a framework for trade and investment in renewable
energy. This was followed by the suggestion of promoting and supporting the
digital economy, particularly for MSMEs.

“These actions are all fundamental to enabling a seamless, dynamic, resilient,
and sustainable region – and a place where everyone including disadvantaged and
under-served groups can enjoy the benefits and opportunities offered by deeper
regional economic integration,” Kriengkrai continued.

Given the challenges the region faces, ABAC members recognize that it is more
imperative than ever that public and private stakeholders work together to
achieve sustainable and inclusive growth. The Dialogue with Leaders was
thought-provoking and inspiring for the attendees, businessmen and economic
leaders alike, who look to the future revitalized and ready.

Looking ahead, ABAC also approved its work program for 2023 around the theme
“Equity. Sustainability. Opportunity.” to be chaired by East West Bank Chairman
and CEO and ABAC USA member Dominic Ng. In July 2023, the Philippines will be
hosting the ABAC III meetings, with over 200 delegates from the Asia-Pacific
region expected to participate.

Aboitiz, Businessmen Dialogue With APEC leaders

“LIGHT-A-HOME” PROJECT PARTNERSHIP. (From left to right) ZANECO Area Service
Manager of Liloy, Zamboanga Del Norte Engr Elmer Digamon; ZANECO Internal Audit
Manager Flor Laput; ZANECO General Manager Atty Jordanne Chan-Antonio; Director
of ZANECO Adrian Deo Dalman; Area Supervisor for AboitizPower Daryll Jones
Gacus; Area Manager for AboitizPower Renee Villar; and Brgy. Captain of Brgy.
Compra Liloy, Zamboanga Del Norte Charlito Rubin.AboitizPower and Zamboanga del
Norte Electric Cooperative, Inc. (ZANECO) recently sealed a partnership that
aims to electrify 40 households in Barangay Compra, Liloy, Zamboanga del Norte
in time for the Christmas season.

Dubbed as the “Light-a-Home”, the project will further electrification efforts
in the province, especially in far-flung areas where residents continue to have
little to no access to power. AboitizPower and ZANECO agreed to provide and
install electrical wiring materials to the community which is within the
cooperative’s franchise area.

The collaboration was forged to support the national government’s Sitio
Electrification Program (SEP)which intends to connect rural communities in the
Philippines to the power grid.

According to AboitizPower Vice President for Wholesale Sales Catherine Del
Villar-Pasilaban,they intend to pursue more partnerships that help address
various social challenges.

“We have abundant opportunities to advance communities given the number of
social challenges we face,” she said  “Our aim is to implement nation building
programs that are cost effective and environmentally conscious in order to leave
a lasting impact on the communities we serve, and the country at large.”

“We are pleased that ZANECO and AboitizPower share the same enthusiasm in
realizing this goal and we are happy  to have them as our partner.”

ZANECO General Manager Jordanne Chan-Antonio shared that  she is excited to see
the value of this project for residents of Brgy. Compra, given that access to
electricity is a fundamental necessity that every family should have to enhance
their way of life.

“We have always been committed to providing reliable electricity to our
member-consumers and we are honored to have been given the opportunity to
fulfill this mission,” Chan-Antonio added. 

Compra Brgy. Captain Charlito Ruben expressed that while having  stable
electricity may be considered a given for some, it is a dream for others.

“We need electricity in the community to light our homes  and  support our
livelihood. We are very grateful to AboitizPower and ZANECO for this
electrification project which will surely transform the lives of everyone in the
community,” Ruben said.

AboitizPower Senior Vice President for Commercial Operations Sandro Aboitiz said
they look forward to powering up more communities through the Light-a-Home
project.

> This is a very practical yet impactful initiative that will help uplift the
lives of hundreds of families and businesses. The prospect of making a
difference in their quality of life inspires us to bring this program to other
areas and help expand the accessibility of electricity.

-Sandro Aboitiz, Senior Vice President for Commercial Operations, AboitizPower
Aboitiz further said that this milestone can help address energy security in the
country, considering the disparity in electrification between urban and rural
areas.

“Projects such as Light-a-Home keep us in tune with the needs of our communities
and help us ensure that every Filipino has access to reliable electricity,” said
Aboitiz.  “Plus, we are particularly excited that the residents of Barangay
Compra will be able to light their Christmas trees for the very first time.”

AboitizPower and ZANECO have been active in rolling out nation building
initiatives that uplift the lives of Filipinos. Just last year, the two donated
school equipment and facilitated the electrification of Rizal Central School in
Zamboanga Del Norte, to advance the school’s quality of education.

Power

AboitizPower, ZANECO Set To Light Up 40 Households In Time For Christmas

Last November 11, Iligan City Mayor Frederick Siao signed a memorandum of
understanding with the Aboitiz Foundation, Pilmico Foods Corporation (Pilmico),
Mindanao State University - Iligan Institute of Technology (MSU-IIT), the Carlos
P. Romulo Foundation and the National Resilience Council (NRC) for a three-year
partnership towards building a disaster- and climate-resilient city in Mindanao.

Iligan City has pledged to uphold disaster and climate governance to become one
of Mindanao’s model resilient cities through the Adopt-A-City Program initiated
by Aboitiz Foundation, Pilmico, Mindanao State University-IIT, Carlos P. Romulo
Foundation and the National Resilience Council. In photo (from left): Pilmico
Safety, Health and Environment Manager Kirk Gozo, Aboitiz Foundation President
and COO Maribeth Marasigan, Iligan City Mayor Frederick Siao, MSU-IIT Vice
Chancellor for Research and Extension Dr. Gaudencio Petalcorin, Jr., PhD and NRC
Executive Director Sly Barrameda.“With my deep advocacy in disaster resiliency,
I firmly believe that risk reduction is a cross-cutting issue that requires a
long-term planning perspective, mainstreaming and integration across sectors,
and a change in mindset from response to preparation and prevention. Just as
important is the realization that reducing risks and impacts of disasters is a
shared responsibility among the many actors and other concerned stakeholders,”
said Mayor Siao.

The partnership is part of NRC’s Adopt-A-City program, an innovative pathway for
businesses to collaborate directly with local governments, academic partners,
civil society organizations and communities in transforming local climate and
disaster risk landscapes. The three-year program includes tracks in Leadership &
Governance (L&G) and Science & Technology (S&T) to guide and empower the City
Government of Iligan as they develop and implement scientific and
technology-based plans, policies and systems to make their city more resilient.

Aboitiz Foundation, the corporate social responsibility arm of the Aboitiz
Group, has long stressed the critical role of the private sector in building
sustainable and resilient cities.

> For us in the Aboitiz Group, co-creating resilience to disasters is a necessity
and investment. This Adopt-A-City Program in Iligan is a start of a meaningful
partnership in co-creating resilient, empowered and sustainable communities. I
am confident that this multi-stakeholder and integrated system approach can
further develop the coherent positions needed for operationalizing Disaster Risk
Reduction and contribute to the greater commitment in achieving resilient cities
and communities. 

-Maribeth Marasigan, President & COO, Aboitiz Foundation
Additionally, during his opening message, NRC Executive Director Sly Barrameda
emphasized the Council’s commitment to supporting LGUs in co-creating resilient
solutions as cities like Iligan confront multiple threats from natural and
human-induced hazards. This includes the threat of climate change and the
continuing consequences of the COVID-19 pandemic.

“This partnership with Iligan City is part of NRC's commitment to bringing
science and technology solutions closer to local governments and communities.
NRC believes that through multi-sectoral collaborations, we can co-create
solutions to persisting risks, both natural and human-induced, and develop
innovative solutions to protect people, assets, livelihoods and properties from
disasters and the effects of climate change and the COVID-19 pandemic,” said
Barrameda.

Pilmico Vice President for Operations Engr. Florencio D. Sebandal echoed the
Aboitiz Group’s unequivocal support and commitment to leading the private
sector's resilience efforts in the city through the Adopt-A-City program.

“As partners for growth, we in Pilmico have continuously sought opportunities
where we can use what we have to bring a positive and lasting impact on the
community.  That is why we are fortunate to be a part of this undertaking – a
program that is very much aligned with our objective of driving and promoting
innovative mindsets and driving change for a better world through our various
CSR programs by co-creating resilient, sustainable and empowered communities,”
said Sebandal.

As the primary academic partner in this endeavor, MSU-IIT rallied support for
the program by pledging to provide knowledge, expertise and technology transfer
to the City Government of Iligan.

“MSU-IIT is ready and willing to support the needs of our City. To fulfill our
responsibilities in this partnership, we offer the knowledge and expertise of
our faculty members and our institution through our Mindanao Center for
Resiliency. The Adopt-A-City program reflects our core mission as an academic
institution, and it is in line with MSU-IIT’s vision to create a new academic
program on disaster resilience in our university,” expressed MSU-IIT Vice
Chancellor for Research and Extension Dr. Gaudencio C. Petalcorin, Jr., PhD.
Petalcorin signed as the representative of MSU-IIT signatory Chancellor
Alizedney M. Ditucalan.

At the conclusion of the signing ceremony, Mayor Siao expressed gratitude to the
Adopt-A-City partners and pledged to strengthen disaster and climate resilience
leadership and governance in the city. He also urged the Local Disaster Risk
Reduction and Management (DRRM) Council to fully support the program's
implementation.

Along with Mayor Siao, Barrameda, Marasigan, Sebandal, and Ditucalan, the MOU
was also signed by Carlos P. Romulo Foundation Board Member Ricardo J. Romulo.

Xavier University, represented by its Vice President for Social Development
Engr. Dexter S. Lo, was also present at the MOU signing to show its support for
the new Adopt-A-City LGU and NRC Academic Partner in Mindanao. Xavier University
is the primary academic partner of NRC in the Cagayan de Oro Adopt-A-City
Program.

The MOU signing was followed by an afternoon work planning session. Members of
the Local DRRM Council were in attendance to help Mayor Siao put his resilience
vision into action.

Iligan joins Model Resilient Cities through Aboitiz Foundation and National Resilience Council’s Adopt-a-City partnership

AIR QUALITY MONITORING SYSTEM TURNOVER. Therma Marine, Inc. (TMI), a subsidiary
of Aboitiz Power Corporation (AboitizPower), together with Agata Mining
Ventures, Inc. and Philsaga Mining Corporation, recently turned over a
Continuous Ambient Air Quality Monitoring System (CAAQMS) to the local
government of Cabadbaran City in Agusan del Norte. The project is an initiative
under the Adopt-a-CAAQMS program of the Department of Environment and Natural
Resources (DENR) and its attached agency, the Environmental Management Bureau
(EMB).

Therma Marine Partners With EMB Caraga To Promote Better Air Quality

> With MSMEs undoubtedly feeling the sting of record-high fuel costs, this
partnership is very relevant right now. More than that, this is also very
exciting for us because it opens up even more opportunities for UnionBank to
help MSMEs through technology, which is a key component of our 'Tech-Up
Pilipinas' advocacy.

– Jaypee Soliman, SME and Micropreneurs Segment - Customer Experience Group
Head, UnionBank
UnionBank's digital MSME online platform UnionBank GlobalLinker recently
partnered with Seaoil Philippines, Inc. (SEAOIL) for an initiative that will
help micro, small, and medium enterprises (MSMEs) manage rising fuel costs
through technology.

Under the partnership, MSMEs on the GlobalLinker platform will be able to avail
of special rebates when they purchase fuel from SEAOIL via the PriceLOCQ app or
the PriceLOCQ for Business web portal. PriceLOCQ app users can enjoy a PHP300
fuel voucher with a minimum purchase of PHP3,000 worth of fuel. Meanwhile,
PriceLOCQ for Business web portal users can enjoy a rebate of PHP1,000 with a
minimum purchase of PHP10,000 worth of fuel.

The partnership signing ceremony on October 26 at the SEAOIL Office in Pasig
City, with SEAOIL Vice President for Corporate & Consumer Marketing Jayvee Dela
Fuente, SEAOIL Senior Manager for B2B Segment Marketing Jonathan Cristobal,
UnionBank SME and Micropreneurs Segment Head Jaypee Soliman, and UnionBank
GlobalLinker Partnerships Manager Natasha KoshelevaLaunched in June 2020, the
PriceLOCQ app allows SEAOIL customers to purchase up to 600 liters of fuel in
advance at a set price, which they can redeem at a later date in participating
SEAOIL stations nationwide. A fuel management platform for enterprise customers,
the PriceLOCQ for Business web portal, was launched a year later, which allows
up to 10,000 liters of advanced fuel purchases, among other fleet management
features.

“Making Filipinos’ lives better with our innovative products and services is at
the core of what we do in SEAOIL. We deliver Alagang SEAOIL by providing our
customers with timely solutions to their needs. With economic activities now
back at their pre-pandemic pace, it's an opportune time to forge this
partnership with UnionBank. Together, we will enable more SMEs to manage their
fleets better using PriceLOCQ,” Dela Fuente said.

"Accelerating [the MSMEs'] transition to e-commerce is a very good vision,"
Cristobal said about UnionBank GlobalLinker, "That’s how we realized that if we
partnered together, we'll be able to help MSMEs more: SEAOIL simplifying fleet
management and reducing fuel costs through PriceLOCQ; UnionBank GlobalLinker
facilitating online growth with tools for efficient business management and
network expansion. That's why we're here. I think this partnership will amplify
whatever efforts we have."

"As with UnionBank, we're always open to partnering with anyone. But it's not
always like 'you have a good name, you have a good brand, I want to partner with
you.' We always qualify our partnerships on who is also disrupting the
industry," said Soliman. "If you layer technology like PriceLOCQ, that's when
you can really disrupt the oil retail industry."

The partnership was made official through an agreement signing ceremony last
October 26 at the SEAOIL Office in Pasig City, with SEAOIL Vice President for
Corporate & Consumer Marketing Jayvee Dela Fuente, SEAOIL Senior Manager for B2B
Segment Marketing Jonathan Cristobal, UnionBank SME and Micropreneurs Segment
Head Jaypee Soliman, and UnionBank GlobalLinker Partnerships Manager Natasha
Kosheleva, as well as several team members from SEAOIL and UnionBank.

Pilmico Foods Corporation (Pilmico) has been in the flour manufacturing industry
for 60 years. Aside from its high-grade quality flour, Pilmico is also known for
its brightly colored flour sacks made with katcha, which helps maintain the
quality of the products.

Throughout the years, Pilmico puts used sacks from its dealers and partner
bakeries into better use as they partnered with several non-profit organizations
and sewing cooperatives to upcycle these for various corporate social
responsibility (CSR) initiatives.

Kutitap Care Package
Pilmico’s Kutitap Care Package with pieces of bread and eggs was distributed to
beneficiaries in Tarlac.The ‘Kutitap Care Package’ is a spin-off of the annual
Kutitap Feeding Program previously held by Pilmico and KINDER by Aboitiz
Foundation, Inc. (AFI). In 2021, students from Bueno Integrated School in Capas
and Malasa Integrated School in Bambam, Tarlac received freshly baked bread and
eggs. Thirteen pieces of bread from Pilmico’s partner bakery, Norms Chaves of
Norlyn’s Bakery, and 12 large eggs from Pilmico farms were packed in upcycled
Pilmico flour sacks. The sacks were turned into multi-purpose drawstring bags
for the students to use for school or for their everyday needs.

Reusable Face Masks
Pilmico tapped seamstress cooperatives and Mask4AllPH to produce over 210,000
reusable face masks which were distributed to various communities.The height of
the pandemic also saw the strong ‘Bayanihan’ spirit from various sectors. For
Pilmico, they partnered with seamstress cooperatives and Mask4AllPH, a volunteer
organization that distributed free facemasks.

In 2020, Pilmico tapped 30 seamstresses in Taguig and Cebu City to make upcycled
reusable face masks. The initiative produced over 50,000 face masks that were
distributed to Pilmico customers, employees, and partner communities. 

Aside from this, Pilmico turned over 23,000 pieces of flour sacks which were
upcycled into 160,000 reusable face masks through the Mask4AllPH initiative.

The project ensured the masks passed all the standards that the Philippine
General Hospital recommended.

CORA Philippines Partnership
Pilmico’s Sun Moon Star bread flour sack is turned into a drawstring bag, face
mask, and tote bag.In July 2021, Pilmico collaborated with Aboitiz Foundation
and CORA Philippines, a non-profit organization dedicated to sustainable
programs. The enterprise and development initiative aims to upcycle used Pilmico
flour sacks through the help of CORA. The program's objectives are to provide
capacity and skills training to the target beneficiaries and equip them with
sustainable and long-term livelihoods within their communities. 

Pilmico puts primary focus on maintaining the highest standards for its
products, especially flour, through the use of quality packaging. At the same
time, by upcycling these sacks, they fulfill a greater purpose of contributing
to sustainability.

For four straight years now, AEV’s Cyber Information Security (CIS) team has
been hosting its learning series to elevate and enhance A-People's awareness and
knowledge of information technology security. This year's theme “See Yourself in
Cyber” is well-fitting to convey the message that security is all about people.

SecSee (also known as Security See), is a four week learning series in the whole
month of October with a face-to-face culmination event at Caf8, NAC tower. It is
also in line with National Cyber Security Awareness Month, which is observed
every October in the United States. The CIS team invites professional speakers
within the whole month of October to impart necessary information and trends for
A-People to observe in their daily lives. This year, the SecSee learning series
was in partnership with Hedcor, as they spearheaded their own security campaign
for the first time.

(left) Trendmicro’s Rodel Villarez talking about authentication and (right)
Zscaler’s Charles Repain imparting why HTTPS does not mean safe.Cyber and
Information Security is perceived differently by everyone.  A team member,
family member, vendor or service provider, owner, leader each one with a
different lens and perspectives.  The most critical is our capability to “See”,
when we see we are made aware, we can learn, correct and or advocate vigilance.
 Within the Eye, is a multi-colored iris.  These colors represent the 5
functions of Cybersecurity, namely Identify, Protect, Detect, Respond & Recover.

A recap of the four week learning series is linked below:

 * Securing Your Digital Identity with Modern MFA
   [https://aboitiz.zoom.us/webinar/register/rec/WN__TSZoleWSZOrfe9JGpUzUQ?meetingId=OnAQnPurXfK8VyeHo6hIshQEObpMB_r78LWJX7BA8M0evueEGmpmwHZ4jsVHwyu1.Jd4G4wYIldECdFOg&playId=&action=play&_x_zm_rtaid=HB5ewcM-QsaVmAFxJKo6mA.1668063540951.be7d75fb97bbb7179d5e820889d57728&_x_zm_rhtaid=383]
   — Kollab Chief Information Technology Officer and Head of Enterprise Advisory
   Mervin Lee Tan (October 7)
 * Social Engineering: Recognize and Report Phishing
   [https://aboitiz.zoom.us/webinar/register/rec/WN_-wVTFVK9Q0yzxlINlgfnNw?meetingId=NNa1zZ6LYFkp_jY9UIGyeeGWgsHnnmGU9yOYLbtJmqqGKlcwJyn7jj4HQenkl9-Y.1KnBAF77T6kmfBoh&playId=&action=play&_x_zm_rtaid=HB5ewcM-QsaVmAFxJKo6mA.1668063540951.be7d75fb97bbb7179d5e820889d57728&_x_zm_rhtaid=383] 
    — Globe Telecom Chief Information Security Officer Anton Reynaldo Bonifacio
   (October 14)
 * Passwordless - The Future of MFA and Why?
   [https://aboitiz.zoom.us/webinar/register/rec/WN_TOVjYDmjRL-IzJcaC8wgSQ?meetingId=apVNYLA0CBbyvTHzQbq7Q0Vr2HV3UOVGaV0XASGkMCPNjA3rU-gLxod8RsSkFJnI.QRBLeBCHduPY9QCk&playId=&action=play&_x_zm_rtaid=HB5ewcM-QsaVmAFxJKo6mA.1668063540951.be7d75fb97bbb7179d5e820889d57728&_x_zm_rhtaid=383] 
   — 1Kosmos Director of Solutions Engineering Jayaraman Baskar  (October 21)
 * SecSee2022 x Hedcor Group Forum [https://www.youtube.com/watch?v=V89eaJ-sv5s] 
   —0 CET Technology Team Lead Manager Erwin Chiutena, Infinitecare Technology
   Solutions VP Chief Technology Officer Marlon Ceniza, and AEV CISO Charmaine
   Valmonte (October 28)

Last November 9 at Caf8 (Taguig Corporate Center), as restrictions have been
eased finally after two years of halt, the CIS team opens its doors to partners
and vendors to host a face-to-face SecSee Forum.

AEV - CISO, Charmaine Valmonte, awarding certificates of recognition to speakers
and vendors.More than one hundred A-People came, listened, and interacted with
the booths that each partner set up, while almost two hundred listened in the
Youtube livestream. Among the vendors that CIS invited were: Globe Telecoms,
Sailpoint, Infocentric, Zenshin, Trendmicro, Fujitsu, Palo Alto, Nexus, Kollab,
ATI, Zscaler, UnionDigital and our very own, Aboitiz Digital Innovations. 

A lot of food and prizes have been given, but the highlight that piqued
everyone’s interest and awareness are the  security nuggets from the following
live speakers:

 * Zenshin’s Deo Dexter Orsolino — Protect Your Network, Protect Your Business:
   Understanding Supply Chain Attacks
 * InfoCentric/Sailpoint’s Carlo Colegio — The Cybersecurity Saga
 * TrendMicro’s Rodel Villarez — Authentication: The Importance of Practicing a
   Good Cyber Hygiene
 * Nexus’s Nido Melojon — The sea of clouds: A fundamental approach in cloud
   security
 * Zscaler’s Charles Repain — Does HTTPS mean safe?

Join AEV CIS team again next year as they continuously build the human firewall
and gear up on GT2025.


--------------------------------------------------------------------------------

Scroll for highlights and snippets from the event below:

AEV’s Chief Corporate Services Officer, Susan V. Valdez, delivering closing
remarks.Some of the on-site raffle winners.

Keys To 'SecSee' In Cyber

The “techglomerate” in waiting takes the lead among Philippine peers to top S&P
Global Corporate Sustainability Assessments
THE WAY WE DO ANYTHING IS THE WAY WE DO EVERYTHING. Aboitiz team members are
guided by a firm belief in the Group’s recently supercharged values of Integrity
and Responsibility. We deliver what we promise, practice what we preach, and
always stay true to our word. The future depends on our continually evolving
approach and commitment to the sustainability of people, planet and prosperity.
Aboitiz Equity Ventures, Inc. (AEV) continues to put sustainability front and
center as it charges forward with its Great Transformation into the country’s
first techglomerate — a supercharged redefinition of the Philippine conglomerate
by technology, innovative thinking, and realistic sustainability.

In recognition of its strengthened sustainability efforts, AEV ranked first
among Philippine companies in the Industrial Conglomerate Sector of the 2022 S&P
Global Corporate Sustainability Assessments (CSA) for the second year in a row,
and landed in the upper quartile among global peers in the same category. The
S&P Assessments are an annual evaluation of companies’ sustainability practices,
enabling them to benchmark their performance on a wide range of industry
specific economic, governance, environmental, and social criteria.

The company saw notable score improvements driven by enhanced and accelerated
ESG performance, as required by the Group’s reinvigorated values of integrity
and responsibility. It also achieved maximum scores in two dozen critical
criteria such as Environmental and Social Reporting, Risk Governance, and
Climate Strategy.

> We cannot overstate the fact that we are committed to a mindset that views
sustainability not as a cost of doing business, but as a way of doing business.
Sustainability is an integral part of our strategy of creating shared value with
both our internal and external partners.

-Sabin Aboitiz, President and CEO, Aboitiz Group
AEV scored highest in the “Economic and Governance” dimension with massive
improvements in Materiality, Policy Influence, Supply Chain Management, and
Innovation Management. It also outperformed its Philippine peers  in the
“Social” dimension by delivering marked improvements in Human Rights, Corporate
Citizenship and Philanthropy, and Occupational Health and Safety.

Putting a premium on sustainability

Sustainability, in all its forms and meanings, remains at the heart of the
Aboitiz Group’s Great Transformation. “Our north star on this journey is the
responsibility to create strong, sustainable, and scalable impacts,” said AEV
Chief Reputation and Sustainability Officer Ginggay Hontiveros. “We believe our
business can be a vehicle for the positive change we want to see in Philippine
business as a whole.”

Inclusivity is a main ingredient in the Group’s recipe for success in
sustainability. Through regular materiality assessments, the company exerts
great effort to make sure it is always attuned and aligned with the changing
needs of its stakeholders. This enables the Group to create meaningful value
with both internal and external stakeholders, and provides clear transparency in
all levels of its value chain.

The company is also firmly committed to the health and safety of its employees
and contractors through comprehensive and effective occupational wellbeing
programs. Moreover, the United Nations (UN) Global Compact and its principles
are embedded in the company’s strategy, culture, and day-to-day operations;
including a wide variety of collaborative projects that advance the UN’s
Sustainable Development Goals.

AEV’s innovative and thoughtful approach to sustainability all boils down to its
brand promise of advancing business and communities. As the company grows,
communities grow with it. Its philanthropy arm, Aboitiz Foundation Inc., has
always been actively pursuant of impactful corporate social responsibility
projects focused on education, enterprise and entrepreneur development, and the
protection of the environment.

Moving forward, the company pledges to continue driving change by introducing
game-changing innovations across its sustainability programs. The company’s ESG
Working Group has promised an even more focused yet holistic approach towards
the implementation and sharing of best practices across the entire Aboitiz
Group.

As always, Aboitiz still believes they can do well by doing good — this means
making the right long-term decisions that balance the interests of people,
planet, and profit.

Aboitiz Wins Big For Sustainability

ABAC 2022 Members. Aboitiz Group President and CEO Sabin Aboitiz together with
business leaders from 21 APEC economies meet together in Bangkok, Thailand for
dialogues on modern policies and constructive measures to advance sustainable,
inclusive and resilient growth in the region.Bangkok, Thailand – As the world
recovers from the effects of the Covid-19 pandemic, Aboitiz Group President and
CEO and APEC Business Advisory Council (ABAC) PH member Sabin Aboitiz
underscored the importance of workers in driving the regional economy forward.
On Monday, November 14, the ABAC-APEC Summit meetings kicked off with regional
business leaders engaging in insightful and productive discussions. As Co-Chair
of the ABAC Regional Economic Integration Working Group (REIWG) / Lead for
Services, Aboitiz started the REIWG meeting with a motivating and
forward-looking speech.

“To foster economic recovery and boost service competitiveness, APEC economies
will need skilled laborers who are future-ready, innovative, and fully capable
of navigating new products and processes that will help the sector capture
opportunities in new markets,” said Aboitiz.

Aboitiz’s speech echoes the Aboitiz Group’s emphasis on the importance of team
members as the driving force of continued growth and success. As the Aboitiz
Group embarks on its Great Transformation journey to become the country’s first
techglomerate, a reinvigorated entrepreneurial spirit and innovation mindset is
key.

IN ACTION. SMA (left) reports before the ABAC members, zeroing in on the values
that ABAC Philippines are bringing on to the Filipino people through economic
recovery with modern policies, sustainability, regional economic integration,
and digitalization and inclusion.> People are literally the heart and soul of our
economies, and human resources have always been at the core of the services
sector. We must therefore never cease to harness the power and potential of
human capital, the development of skills, and the constant movement of people in
order to enable our region’s speedy recovery from the unprecedented challenges
we’ve encountered, and to move on toward robust growth for all our economies.

-Sabin Aboitiz, Co-Chair of REIWG & Services Trade Lead, ABAC PH
“This growth can only be achieved if we place sufficient emphasis on digital
innovation and new and emerging technologies such as artificial intelligence,
data science, and cloud computing. This is an absolutely necessary strategy for
inclusion and resilience in services as it supports key sectors such as tourism,
banking and finance, IT-BPM, and others,” Aboitiz continued in his speech to the
REIWG.

Discussing key learnings and business recommendations from the ABAC Services
Trade Public-Private Dialogue held last July 12, Aboitiz stressed the need to
focus and invest on digitalization, upskilling, and the adoption of
technological innovations to future-proof businesses and equip the next
generation with the right skills needed in a digital future. In particular,
digitalization of MSMEs and to facilitate cross-border delivery of services was
emphasized in the recommendations, as well as the easing of barriers to the
movement of people. Alongside uplifting market competitiveness, Aboitiz
highlighted the importance of exchanging talent in order to clear pathways to
address climate change.

“We must continue creating and supporting an enabling environment through
digitalization, with a strong emphasis on upgrading talent skill sets, and a
renewed focus on Science Technology, Engineering, and Mathematics (STEM) as part
of education for young learners. We must ensure that our future workforce is
prepared to meet the demanding requirements of an increasingly digital services
economy,” Aboitiz stated.

The report of Aboitiz to the REIWG immediately followed the ABAC-APEC Summit
opening ceremony. This was attended by Thai Deputy Prime Minister and Minister
of Energy Supattanapong Punmeechaow and ABAC Chair and Chairman of the
Federation of Thai Industries Kriengkrai Thiennukul, among other key officials.

During the five-day summit, Aboitiz together with Guillermo Luz of Ayala Group
will be providing private sector perspectives from the Philippines on
business-related issues in various working group meetings and dialogues with
economic and business leaders from the region. On November 18, ABAC members will
dialogue with APEC leaders, including Philippine President Ferdinand “Bongbong”
Marcos, Jr., Australian Prime Minister Anthony Albanese, Canadian Prime Minister
Justin Trudeau, and Papua New Guinea Prime Minister James Marape.

In this photo are (Clockwise from top left) #BetterTogether keynote speaker
United Nations Global Compact Senior Manager for Global Operations in Asia and
Oceania Neha Das, #BetterTogether host Victor Silva, panelist AboitizPower Coal
Business Unit Strategy and Performance Specialist Patricia Malicse, panel
moderator Ronald Francis A. Suarez, panelist AboitizPower Assistant Vice
President for Corporate Brand, Communications, and Sustainability Janelle
Jacinto, and AboitizPower Assistant Vice President for Environmental Management
Ezra Barboza.Private businesses, now more than ever, were asked to step up in
their role to help solve societal issues, a leader from the United Nations
Global Compact (UNGC) said during a sustainability event organized by Aboitiz
Power Corporation (AboitizPower).

Neha Das, a UNGC senior manager for global operations in Asia and Oceania,
explained that while there is significant progress from the business community,
there is still a long way to go to meet the sustainable development goals
(SDGs).

"Everybody needs to come together to achieve the SDGs. It's not just the
government or private sector's responsibility. We have all to pitch in," Das
stated in her speech on the latest episode of AboitizPower's #BetterTogether
sustainability series.

The series aims to raise awareness of the Environmental, Social, and Corporate
Governance (ESG) challenges and encourage conversations and actions for more
sustainable practices within the company. The latest episode, viewed by over 200
AboitizPower employees and leaders, sought to emphasize and further understand
the impact of attaining the SDGs and the collective action needed to advance
sustainability.

In her talk, Das also provided an overview of the SDGs and emphasized how the 17
goals belong to everyone in helping resolve the world's social, environmental,
and economic inequalities.

The UNGC aims to advance the global movement of sustainable companies and
stakeholders in creating a better future for all. This is being done by
supporting companies to do business responsibly within their strategies and
operations, with a strong emphasis on collaboration to help accelerate the
global SDGs.

The 2030 global agenda represents a comprehensive lens to provide businesses
with a clearer path for inclusive and sustainable development that should be
embedded in every aspect of their operations and programs. To propel the global
movement of sustainable companies and stakeholders to create a better future for
everyone, the UNGC intends to help companies understand and promote how
responsible business should be within a national context.

According to Das, big companies having sustainability policies is not enough as
the supply chain also impacts the world.

"Now we have to take action also extended to our companies, take it to our
stakeholders, take it to our peers, and take it to our supply chains," she
added, as she urged businesses to "work together and enable the scale of the
actions."

Companies can bring value by delivering sustainable and measurable impact to the
world's ongoing challenges. The first step is for businesses to make a dent in
specific goals connected most closely to their sector.

AboitizPower President and Chief Executive Officer Manny Rubio shared that as
one of the country's leading energy providers, the three goals the company can
deliver the most significant impact on are SDGs 7, 10, and 11. He identified SDG
7,  which seeks to ensure affordable and clean energy, as closest to the
company's heart.

"We remain committed to our growth strategy and already have 1,000 MW of
disclosed projects," Rubio said. "Most importantly, through our distribution
utilities' sitio electrification programs, we want to light up the entirety of
our franchise areas and provide much-needed electricity to every household."

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