Cognizant of the need for a good corporate governance practices framework by which the Board of Directors and Management can achieve corporate goals and objectives for the benefit of the stakeholders, the Corporation has adopted the 2017 Manual on Corporate Governance. In compliance with best global practices and the Code of Corporate Governance for Publicly-Listed Companies being implemented by the Securities and Exchange Commission, the ALLHC Board of Directors approved a revised Manual on Corporate Governance (updated as of November 2020).