Submission of the Annual Corporate Governance Report (ACGR) Together with the Annual Report

March 16, 2016

SEC ADVISORY

TO :All Publicly-Listed Companies
SUBJECT :Submission of the Annual Corporate Governance Report (ACGR) Together with the Annual Report

All publicly-listed companies (PLCs) are directed to submit their 2015 ACGR together with their 2015 Annual Report (SEC Form 17-A) to the Commission and to the Philippine Stock Exchange (PSE). The ACGR is intended to take the place of the Corporate Governance section of the Annual Report.

The ACGR is to be attached to the Annual Report with the proper reference, i.e., "Please refer to attached ACGR", in Item 13. Part IV — Corporate Governance portion of the Annual Report.

Without the ACGR, the company's Annual Report shall be deemed an incomplete filing.

Mandaluyong City, March 16, 2016. ICHDca


(SGD.) TERESITA J. HERBOSA
Chairperson

AIC Grande Tower Garnet Road
Ortigas Center, Pasig City
Metro Manila Philippines

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