Corporate Governance

 In compliance with Sec 43 of GCG MC 2012-07

Corporate Governance

Responsibilities of the Board

•    Board composition
      a.    Ex- officio

      b.    Appointive
      (Please provide location of information on position in other GOCCs and PLCs)

 Dave M. Almarinez                  : President and CEO - PITC

 Luis E. Gimenez

•    Approved schedules of board meetings (please include when the schedule was approved)
•    Role of the board in corporate strategy,
      How does the board oversee the implementation of the corporate strategy?
      When did the board review the corporate strategy?

•    Code of Ethics
•    Board committees’ accomplishment report
•    Access to information (board materials)
•    Internal Control (including Internal Audit)
•    Risk management system
•    Board appraisal system
      a.    Criteria
      b.    Procedure
•    Corporate Secretary
      (Profile)
•    (Link to PES) –ask GCG if applicable

Disclosure and Transparency (at least 2013-present disclosures)

Certificate - Payment of Statutory Obligations

• • Pagibig
  • PHIC
  • GSIS

Declaration and Payment of Dividents - 2016

Declaration and Payment of Dividends - 2015

Declaration and Payment of Dividends - 2014

Policy on COA AOM

 Action Plan on COA AOM

• For the year 2016
• For the year 2015
• For the year 2014

Statement of No Audit Suspensions, Disallowances and Charges from COA

2017 PITC Tax Clearance

Report on Ageing of Cash Advances as of 31 March 2017

I. Institutional Matters

a) PITC Charter

• • • • • PD 1071 - Sections 1-18
        • PD 1071 - Sections 19-32
        • PD 1071 - By Laws
        • EO 756
        • EO 877
        • EO 1067
        • Relevant Excerpt from EO No. 133
        • Consolidated File of PITC Charter

b) Latest General Information Sheet and brief company background including date of incorporation, history, and functions and mandate - NOT APPLICABLE

c) List of Subsidiaries and Affiliates

c.1) PITC Pharma, Inc. (PPI)

c.2) Center for International Trade Expositions and Missions (CITEM)

d) Government Corporate Information Sheet (GCIS) as mandated by the GCG in its Memorandum Circular No. 2012-01

d.1) GCIS 2015

d.2) GCIS 2014

d.3) GCIS 2013

d.4) GCIS 2012

d.5) GCIS 2011

II. On the Board and Officers

a) Complete listing of the Directors and Officers with attached resume and their membership in Board Committees

a.1) Board of Directors

a.2) PITC Officers

b) Complete compensation package of all the board members and officers, including travel, representation, transportation and any other form of expenses or allowance

b.4 Complete Compensation Package 2014
b.5 Complete Compensation Package 2013

c) Information on Board Committees and their activities

c.1)  Meetings

c.2)  Attendance

d) Attendance Record of Directors in Board

d.1) Attendance of Board of Directors for the year 2016

d.2) Attendance of Board of Directors for the year 2015
d.3) Attendance of Board of Directors for the year 2014

d.4) Attendance of Board of Directors for the year 2013

d.5) Attendance of Board of Directors for the year 2012

III. On Financial and Operation Matters

a) Latest Annual Audited Financial and Performance Report within thirty (30) days from receipt of such Report

• • • • • • a.1) 2016 Audited Financial Reports

 Audited Annual Financial Reports

b) Audited Financial Statements in the immediate past three (3) years

2014 Audited Financial Statement

2013 Audited Financial Statement

2012 Audited Financial Statement

2011 Audited Financial Statement

2010 Audited Financial Statement

c) Quarterly and Annual Report and Trial Balance

2017

1st Qtr Report - Trial Balance

2nd Qtr Report - Trial Balance

2016

1st Qtr Report - Trial Balance

2nd Qtr Report - Trial Balance

3rd Qtr Report - Trial Balance

4th Qtr Report - Trial Balance

4th Qtr Report - Trial Balance (revised per COA)

2015

1st Qtr Report -Trial Balance

2nd Qtr Report -Trial Balance

3rd Qtr Report - Trial Balance

4th Qtr Report - Trial Balance

2014

1st Qtr Report - Trial Balance

2nd Qtr Report - Trial Balance

3rd Qtr Report - Trial Balance

Annual Report

2013

1st Qtr Report - Trial Balance

2nd Qtr Report - Trial Balance

3rd Qtr Report - Trial Balance

Annual Report

d) Current Corporate Operating Budget (COB)

d.1) PITC Corporate Operating Budget - 2017

               d.2) PITC Corporate Operating Budget - 2016

               d.3) PITC Corporate Operating Budget - 2015

d.4) PITC Corporate Operating Budget - 2014

d.5) PITC Corporate Operating Budget - 2013

d.6) PITC Corporate Operating Budget - 2012

e) Local and Foreign Borrowings

f) Government subsidies and net lending

g) Borrowings Guaranteed by the Government

h) Material Risk Factors and Measures to Manage Such Risks

i) Performance Evaluation System (PES)

IV. On Governance Matters

a) Charter Statement / Mission - Vision Statements

b)  Performance Scorecard and Strategy Map

      2016 Performance Scorecard and Strategy Map

1st Quarter Performance Scorecard Report

2nd Quarter Performance Scorecard Report

3rd Quarter Performance Scorecard Report

2015 Performance Scorecard and Strategy Map

Annual Performance Scorecard Report

3rd Quarter Performance Scorecard Report

2nd Quarter Performance Scorecard Report

1st Quarter Performance Scorecard Report

c) Organizational Chart

d) Manual of Corporate Governance

e) Corporate Social Responsibility Statement

f) Balanced Scorecard

g) No Gift Policy and Statement

h) Code of Conduct for PITC Officers and Employees

i) Statement of No Audit Suspension - COA

j) Freedom of Information Manual

State the location of the following information in the annual report/audited annual financial report

•    Corporate objectives
•    Financial performance indicators
•    Non-financial performance indicators
•    Details of whistle blowing policy
•    Biographical details (at least age, qualifications, date of first appointment, relevant experience, and any other directorships of listed companies) of directors/commissioners
•    Training and/or continuing education programme attended by each director/commissioner
•    Statement of full compliance with the code of Corporate Governance - Certificate
•    Review of the GOCC’s material controls (including operational, financial and compliance controls) and risk management systems
•    Statement from the Board of Directors or Audit Committee commenting on the adequacy of the GOCC's internal controls/risk management systems

Corporate Social Responsibility

a.  Customers’ welfare
     •    Policies
     •    Activities
b.  Interaction with the communities
     •    Policies
     •    Activities
c.  Environmentally-friendly value chain
     •    Policies
     •    Activities

d.  Contact details for complaints of other stakeholders

e.  Employees’ welfare and development
     •    Welfare (policies, programs and relevant data)
     •    Training and development (programs and relevant data)
     •    Whistle blowing policy and procedures (including protection of reporting employee/s from retaliation)

c.