AF PAYMENTS INC.

AF Payments Inc. is a joint venture of the Ayala and First Pacific groups that provides contactless payment solutions to the Filipino public. The company was forged by the partnership of two of the largest conglomerates in the Philippines through their participation in a Public-Private Partnership (PPP) Project to unify the Automated Fare Collection System of three rail transport lines (LRT1, LRT2, and MRT3).

Board of Directors

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Jose Rene D. Almendras

Chairman

Jose Rene D. Almendras is currently the President & CEO of AC Infrastructure Holdings Corporation (AC Infra). He is a Managing Director and a member of the Ayala Corporation Management Committee.

Mr. Almendras served as Secretary of Foreign Affairs for the Republic of the Philippines (from March to June 2016) and as Cabinet Secretary under the Office of the President of the Aquino administration.

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Jose MA. K. Lim

Vice Chairman

Jose Ma. K. Lim is President and CEO of Metro Pacific Investments Corporation (MPIC).

Mr. Lim holds a Bachelor of Arts Degree in Philosophy from Ateneo de Manila University and an M.B.A Degree from the Asian Institute of Management.

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Peter P. Maher

President and CEO, AF Payments Inc.

Mr Maher was appointed as the first President and CEO of AF Payments Inc in August 2014.

He obtained a Bachelor of Business Studies degree from Trinity College Dublin, Ireland.

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Ernest L. Cu

Director

Ernest L. Cu is the President and CEO of Globe Telecom, Inc.

Mr. Cu obtained a Bachelor of Science Degree in Industrial Management Engineering from De La Salle University in Manila, and an M.B.A. from the J.L. Kellogg Graduate School of Management, Northwestern University.

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Jose Benjamin “Benjie” Fernandez

Director

Jose Benjamin “BENJIE” Fernandez is the Chief Operating Officer of Voyager Innovation and Smart e-Money.

Mr. Fernandez obtained his Bachelor’s Degree in Mechanical Engineering from the University of the Philippines and a Masters Degree in Business Management at the Asian Institute of Management.

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Marie Josephine M. Ocampo

Director

Marie Josephine M. Ocampo, “Jojo,” is the Senior Vice President and Payments and Remittance Group Head of the Bank of the Philippine Islands (BPI).

Jojo graduated Magna Cum Laude and received her Bachelor of Science in Business Management, Honors Program at the Ateneo de Manila University. She also completed the Advance Management Program at the Harvard Business in 2007.

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Bernard P. Llamzon

Director

Mr. Llamzon is the Head of Consumer Sales Division of Globe.

Mr. Llamzon holds a Bachelor’s Degree in Commerce, and has attended the Management Development Program of the Asian Institute of Management and INSEAD’s World Class Business Manager Program

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David J. Nicol

Director

David J. Nicol is the Chief Financial Officer of Metro Pacific Investments Corporation.

Mr. Nicol began his career with PricewaterhouseCoopers where he served for 10 years in London, New York and Hongkong. He joined First Pacific Company Limited in 1991.

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Simon R. Paterno

Director

Mr. Paterno is the Head of the Financial Products Group and is a member of the Management Committee of BPI.

Mr. Paterno obtained his MBA from Stanford University in 1984. He was awarded his A.B., cum laude, Honors Program in Economics from Ateneo de Manila University in 1980.

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Orlando B. Vea

Director

Orlando B. Vea is the Chief Wireless Advisor of SMART.

Mr. Vea graduated from the University of the Philippines in 1970 with a degree in A.B. Economics.

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Betty C. Siy-Yap

Director

Ms. Betty C. Siy-Yap is Chief Financial Officer & Senior Vice President at Manila Electric Co., She also serves on the Board of Directors of several subsidiaries.

She received her undergraduate degree from the University of the Philippines, an MBA from Northwestern University, and an MBA from The Hong Kong University of Science & Technology.