CORPORATE GOVERNANCE

Adherence to the highest standards of Corporate Governance is an integral part of the way we do business at MPTC (the 'Company'). Corporate governance is a method of regulating the Company's affairs through the adoption of rules and regulations designed to ensure that business is conducted with the highest standards of ethics and integrity.

The Company recognizes the importance of corporate governance in building and sustaining its long-term growth and profitability as well as enhancing stakeholders' interests in the Company. The Company believes that the practice of corporate governance beyond mere compliance with rules and legislation, through a process of developing the proper competencies in order to establish an ethical corporate culture of principled business within the framework of its governance principles of accountability, integrity, fairness, and transparency.

Corporate Governance
CG Principles
As strong advocates of fairness, accountability, transparency, and integrity in all aspects of the business, the Board of Directors, Management, Officers, and Employees of the Company commit themselves to the principles and best practices of governance in the attainment of its corporate goals.
"GOVERNANCE is EVERYONE'S BUSINESS - the Board, top management, middle management and rank and file.
For us, Corporate Governance is not just a set of rules to comply with. It must be a way of life, a set of habits, an attitude - indeed a culture - that will ensure success and prosperity for the long term."
MANUEL V. PANGILINAN
Chairman