C08101-2021

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Dec 1, 2021
2. SEC Identification Number
14829
3. BIR Tax Identification No.
000-164-757
4. Exact name of issuer as specified in its charter
Pilipinas Shell Petroleum Corporation
5. Province, country or other jurisdiction of incorporation
Taguig City, Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
41st Floor, The Finance Center, 26th Street corner 9th Avenue, Bonifacio Global City, Brgy. Fort Bonifacio Taguig City, Metro Manila Postal Code 1635
8. Issuer's telephone number, including area code
(632) 3 499 4001
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 1,613,444,202
11. Indicate the item numbers reported herein
Item 9 - Other Events

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Pilipinas Shell Petroleum CorporationSHLPH

PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Appointment of (a) New Executive Director effective immediately; (b) New Assistance Corporate Secretary effective immediately; and (c) New Executive Director/ President & Chief Executive Officer, and Chairperson of Nomination Committee effective 01 December 2021
Background/Description of the Disclosure

Mr. Rolando J. Paulino, Jr. has left Group service on 08 September 2021. Succeeding him as director is Mr. Randolph “Randy” T. Del Valle, Vice President – Mobility, effective immediately. He was a former Executive Director of the Corporation from January 2020 to May 2021. Prior to his current role, Mr. Del Valle was the Global Head of the Shell Downstream Retail Network Strategy and Planning based in Singapore. He was formerly the Senior Strategy Consultant, Royal Dutch Shell Group, Hague/London (February 2015 – January 2017); Shell-BG Integration PMO Shell Lead, Paddington, London (2015 – 2016); Senior Consultant, Downstream Strategy Consultancy, London (January 2014 – 2015); Global On-Site Operational Excellence Manager- Downstream Retail, London (November 2009 – December 2013); Retail Operations Manager, Downstream Retail Philippines & North Pacific, Manila (April 2008 – October 2009). He held various roles within Operations and Marketing in Downstream Retail in Shell Philippines/East. He is a Chemical Engineer and has an MBA degree from the London Business School.

Atty. Mark Hadrian P. Gamo has succeeded Atty. Rubin G. Cura as the new Assistant Corporate Secretary of the Corporation effective immediately. Atty. Gamo is currently a Legal Counsel of the Corporation effective August 2021. Prior to his current role, he was with Shell Global Litigation Asia Pacific Team, a position he occupied since joining the Corporation in June 2012. In said capacity, he managed various litigation matters of Shell in the Philippines and in some other countries in the Asia Pacific region. Prior to joining the Corporation, he was a Senior Associate at the Litigation Department of Villaraza Cruz Marcelo & Angangco. He obtained his Juris Doctor degree from the Ateneo De Manila School of Law in 2006 where he graduated with honors and in the top 20 of his class. In 2002, he graduated from Ateneo De Manila University with a Bachelor of Arts degree in Economics.

Mr. Cesar G. Romeo will step down as Executive Director, President and Chief Executive Officer, and Chairperson of the Nomination Committee of the Corporation effective 30 November 2021. Ms. Lorelie Q. Osial will succeed him as the new Executive Director, President and Chief Executive Officer, and Chairperson of the Nomination Committee of the Corporation effective 01 December 2021. Ms. Osial is currently the Vice President – Finance Process Expenditure at Shell Shared Services (Asia) B.V. She has 20 years of experience with Shell having previously worked at United Logistics and Pepsi Cola. She joined Shell in Upstream Philippines and since then, has worked in various business-facing Finance roles in production, projects, regional, shareholder and joint venture environments in Upstream and Midstream Asia, Middle East and North Africa. Throughout her career, she has brought a keen focus on value and has established high performing, diverse teams who have built a strong sense of community and motivation even in times of transition and change. Mr. Romero will stay on until 31 January 2022 to ensure a smooth and streamlined transition and handover to Ms. Osial.
Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)		 Reason(s) for Resignation/Cessation
Atty. Rubin G. Cura Assistant Corporate Secretary SEP/30/2021 End of Group service
Cesar G. Romero Executive Director, President and Chief Executive Officer, and Chairperson of the Nomination Committee NOV/30/2021 End of Group service
Election or Appointment
Name of Person Position/Designation Date of Appointment/Election
(mmm/dd/yyyy)		 Effective Date of Appointment Election
(mmm/dd/yyyy)		 Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Randolph T. Del Valle Executive Director and Vice President – Mobility NOV/09/2021 NOV/09/2021 0 1 Nominee share
Atty. Mark Hadrian P. Gamo Assistant Corporate Secretary NOV/09/2021 NOV/09/2021 3,000 0 N/A
Lorelie Q. Osial Executive Director, President and Chief Executive Officer, and Chairperson of the Nomination Committee NOV/09/2021 DEC/01/2021 0 1 Nominee share
Promotion or Change in Designation
Name of Person Position/Designation Date of Approval
(mmm/dd/yyyy)		 Effective Date of Change
(mmm/dd/yyyy)		 Shareholdings in the Listed Company Nature of Indirect Ownership
From To Direct Indirect
N/A N/A N/A N/A N/A 0 0 N/A
Other Relevant Information

The amendment reflects the transfer of one (1) nominee share to the new President and Chief Executive Officer, Ms. Lorelie Q. Osial.
Filed on behalf by:
Name Ellie Chris Navarra
Designation Legal Counsel & Assistant Corporate Secretary