Standard PHLPOST Compliance/Link (2018) PHLPOST Compliance/Link (2019) PHLPOST Compliance/Link (2020) PHLPOST Compliance/Link (2021)

I. STAKEHOLDER RELATIONSHIP

1. a. Stipulates the existence and scope of its effort to address customer's welfare

Manual-of-Corporate-Governance-2014-1.pdf

Manual-of-Corporate-Governance-2014.pdf

Manual-on-Corporate-Governance.pdf

1. b. Elaborates its efforts to interact with the communities in which they operate

Manual-of-Corporate-Governance-2014-1.pdf

Manual-of-Corporate-Governance-2014.pdf

Manual-on-Corporate-Governance.pdf

1. c. Ensure that its value chain is environmentally friendly or is consistent with promoting sustainable development

Manual-of-Corporate-Governance-2014-1.pdf

Manual-of-Corporate-Governance-2014.pdf

Manual-on-Corporate-Governance.pdf

2. a. GOCC Activities: Customer health and safety

CY2020-Highlights-of-Accomplishment-1_2-1.pdf

2. b. GOCC Activities: Interaction with the communities

Manual-of-Corporate-Governance-2014_2-1.pdf

Manual-on-Corporate-Governance.pdf

2. c. GOCC Activities: Environmentally-friendly value chain

Manual-of-Corporate-Governance-2014_2-1.pdf

Manual-on-Corporate-Governance.pdf

3. Separate Corporate Social Responsibility (CSR) report/section or sustainability report/section

PHLPost-CY2019-Annual-Report.pdf

CY2020-Highlights-of-Accomplishment-1.pdf

4. Contact details via the company's website or Annual Report which stakeholders (e.g. customers, suppliers, general public etc.) can use to voice their concerns and/or complaints for possible violation of their rights

Post-Office-Customer-Care.pdf

5. Performance-enhancing mechanisms for employee participation

5. a. Mentions health, safety and welfare policy for its employees

PHLPost-CY2019-Annual-Report.pdf

Manual-of-Corporate-Governance-2014_2-1.pdf

Manual-on-Corporate-Governance.pdf

5. b. Publishes data relating to health, safety and welfare of its employees

PHLPost-CY2019-Annual-Report.pdf

CY2020-Highlights-of-Accomplishment-1.pdf

5. c. Provides training and development programmes for its employees

PHLPost-CY2019-Annual-Report.pdf

Manual-of-Corporate-Governance-2014_2-1.pdf

Manual-on-Corporate-Governance.pdf

5. d. Publishes training and development programmes for its employees

PHLPost-CY2019-Annual-Report.pdf

Trainings-Conducted-in-CY2020.pdf

Training-Programs-CY2021.pdf

6. a. Procedures for complaints by employees concerning illegal (including corruption) and unethical behavior

Whistle-Blowing-Policy.pdf

6. b. Procedures to protect an employee/person who reveals illegal/ unethical behavior from retaliation

Whistle-Blowing-Policy.pdf

II. DISCLOSURE & TRANSPARENCY

7. Does the website disclose the following:

7. a. Corporate objectives

Post-Office-Charter-Statement-Strategy-Map.pdf

7. b. Financial performance indicators

Post-Office-Charter-Statement-Strategy-Map.pdf

7. c. Non-financial performance indicators

Post-Office-Charter-Statement-Strategy-Map.pdf

7. d. Details of whistle-blowing policy

Whistle-Blowing-Policy.pdf

7. e. Biographical details (at least age, qualifications, date of first appointment, relevant experience, and any other directorships of listed companies) of directors/commissioners

Corporate-Governance-Report-CY2021.pdf

7. f. Training and/or continuing education programme attended by each director/commissioner

Corporate-Governance-Report-CY2021.pdf

8. Annual Reports

CY2021-Annual-Report.pdf

9. Statement confirming the company's full compliance with the code of corporate governance

10. a. Audited Annual Financial Report/statement uploaded on the website within 60 days upon receipt from COA

Philippine-Postal-Corporation-Executive-Summary-2021.pdf

10. b. Annual Report released within 90 days from release of Audited Financial Report

CY2021-Annual-Report.pdf

10. c. Fair representation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company

Manual-on-Corporate-Governance.pdf

III. BOARD RESPONSIBILITY

11. a. Board of Directors reviewed the vision and mission/ strategy in the last financial year

Corporate-Governance-Report-CY2021.pdf

11. b. Board of Directors monitor/oversee the implementation of the corporate strategy

Corporate-Governance-Report-CY2021.pdf

12. Achieve 90% in the Performance Enhancement Scorecard

CY2021-Annual-Monitoring-Report-of-Performance-Targets.pdf

13. a. Details of the Code of Ethics or Conduct

13.-PHLPost-Code-of-Conduct.pdf

13. b. Disclosure that all Directors, senior management and employees are required to comply with the code

13.-PHLPost-Code-of-Conduct.pdf

13. c. Disclosure how it implements and monitors compliance with the code of ethics or conduct

13.-PHLPost-Code-of-Conduct.pdf

14. Nomination Compensation/ Remuneration Committee

Corporate-Governance-Report-CY2021.pdf

15. Nomination Compensation/ Remuneration Committee met at least twice during the year

Corporate-Governance-Report-CY2021.pdf

16. Report of the Nomination Compensation/ Remuneration Committee publicly disclosed

Corporate-Governance-Report-CY2021.pdf

17. Audit Committee

Corporate-Governance-Report-CY2021.pdf

18. Report of the Audit Committee publicly disclosed

Corporate-Governance-Report-CY2021.pdf

19. At least one member of the Audit Committee have an audit, accounting or finance background (qualification or experience)

Corporate-Governance-Report-CY2021.pdf

20. Audit Committee met at least four times during the year

Corporate-Governance-Report-CY2021.pdf

21. Risk Management Committee

Corporate-Governance-Report-CY2021.pdf

22. Report on Risk Management Committee publicly disclosed

Corporate-Governance-Report-CY2021.pdf

23. At least one member of the Risk Management Committee have a background in finance and investments

Corporate-Governance-Report-CY2021.pdf

24. a. Board of Directors meetings scheduled at the beginning of the year (end of 1st Quarter)

Board-Resolution-No.-2020-95-Calendar-of-Meetings.pdf

24. b. Board of Directors meet at least monthly

Corporate-Governance-Report-CY2021.pdf

24. c. Board of Directors meet on at least 75% of their scheduled meetings

Corporate-Governance-Report-CY2021.pdf

24. d. Each of the Directors attended at least 90% of all the board meetings held during the year

Corporate-Governance-Report-CY2021.pdf

24. e. Board of Directors meet separately at least once during the year without the Postmaster General & CEO present

Notice-of-9th-Special-Board-Meeting_July-2021.pdf

25. a. Policy that stipulates board papers for Board of Directors meetings be provided to the Board at least three (3) working days in advance of the board meeting

25a.-BR-No.-2013-127A-Policy-for-Agenda-Items.pdf

25. b. Board Secretary trained in legal, accountancy or company secretarial practices

Corporate-Governance-Report-CY2021.pdf

26. a. A Separate Internal Audit function

Corporate-Governance-Report-CY2021.pdf

26. b. Appointment and removal of the Internal Auditor require the recommendation of the Audit Committee

26b.-BR-No.-2017-91-Internal-Audit-Charter.pdf

27. a. Disclosure on the internal control procedures/ risk management systems in place

Corporate-Governance-Report-CY2021.pdf

27. b. Annual Report disclosure that the Board of Directors have conducted a review of the company's material controls (including operational, financial and compliance controls) and Risk Management Systems

Corporate-Governance-Report-CY2021.pdf

28. Do different persons assume the roles of Chairman and CEO?

Corporate-Governance-Report-CY2021.pdf

29. a. Orientation Programs for new Directors

Corporate-Governance-Report-CY2021.pdf

29. b. Policy that encourages Directors to attend on-going or continuous professional education programs

Manual-on-Corporate-Governance.pdf

29. c. All Appointive Directors attend at least one (1) training for the calendar year

Corporate-Governance-Report-CY2021.pdf

30. a. Annual Performance Assessment conducted by the Board of Directors

Corporate-Governance-Report-CY2021.pdf

30. b. Disclosure on the process followed in conducting the Board Assessment

Board-Performance-Assessment-Form.pdf

30. c. Disclosure the criteria used in the Board Assessment

Board-Performance-Assessment-Form.pdf

31. Annual Performance Assessment conducted by the Board of Directors Committees

Board-Performance-Assessment-CY2021-Final.pdf

IV. BONUS

1. Global Reporting Index

2. Audited Annual Financial Report released within 30 days upon receipt from COA

10-PPC2021_Part1-FS.pdf

V. PENALTY

1. Members of the Board of Directors does not hold other positions in other GOCCs and PLCs

PHLPost-Corporate-Governance-Report-CY2021.pdf

2. Compliance with Good Governance Conditions

CY2020-PHLPOST-CGS-Assessment.pdf