Ray C. Espinosa

Non-Executive Director

AGE: 67
CITIZENSHIP: Filipino
FIRST ELECTED INDEPENDENT DIRECTOR: July 8, 2024

ACADEMIC BACKGROUND
Mr. Espinosa has a Master of Laws degree from the University of Michigan Law School and is a member of the Integrated Bar of the Philippines. He was a partner of SyCip Salazar Hernandez & Gatmaitan from 1982 to 2000, a foreign associate at Covington and Burling (Washington, D.C., USA) from 1987 to 1988, and a law lecturer at the Ateneo de Manila School of Law from 1983 to 1985 and 1989.

BUSINESS AND PROFESSIONAL BACKGROUND/ EXPERIENCE
Mr. Espinosa served as President and Chief Executive Officer of Manila Electric Company (Meralco) until May 2023. He is a Director of Meralco, PLDT Inc. (PLDT), Smart Communications, Inc., Metro Pacific Investments Corporation, Meralco PowerGen Corporation, Global Business Power Corporation, PacificLight Power Pte. Ltd. and Roxas Holdings, Inc. He also serves as an Independent Director of Lepanto Consolidated Mining Company (Lepanto) and Maybank Philippines, Inc. (Maybank Philippines). He is the Chairman of the Audit Committee and Nomination Committee of Lepanto and the Risk Management Committee of Maybank Philippines, and a member of the Technology Strategy Committee of PLDT.

Mr. Espinosa is also a trustee of the Beneficial Trust Fund of PLDT. Mr. Espinosa joined First Pacific in 2013. He is First Pacific Group’s Head of Government and Regulatory Affairs and Head of Communications Bureau for the Philippines.

1. PXP Energy Corporation
2. Manila Electric Company (Meralco)
3. PLDT Inc.
4. Roxas Holdings, Inc.
5. Lepanto Consolidated Mining Company