C04558-2024

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)
Jul 9, 2024
2. SEC Identification Number
184228
3. BIR Tax Identification No.
000-275-291-000
4. Exact name of issuer as specified in its charter
MRC ALLIED, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
4th Floor Spirit of Communications Centre 106 Carlos Palanca St., Legazpi Village Makati City Postal Code 1229
8. Issuer's telephone number, including area code
632 88467910/09178082991/09087380854
9. Former name or former address, if changed since last report
5th Floor Eurovilla 4 Bldg. 853 A Arnaiz Avenue, Legazpi Village, Makati City
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 STOCK 851,265,897
11. Indicate the item numbers reported herein
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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.

MRC Allied, Inc.MRC

PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Result of the Organizational Meeting of The Board of Directors.
Background/Description of the Disclosure

During the stockholders’ meeting held earlier today via Zoom application, 9:00 A.M. at the 7th Floor Spirit of Communication Centre 106 Carlos Palanca St. Legazpi Village, Makati City, the following matters were approved, confirmed, and ratified by the stockholders present during said meeting:

1. The minutes of the previous annual meeting of the stockholders held last July 12, 2023 at the 7th Floor Spirit of Communication Centre 106 Carlos Palanca St. Legazpi Village, Makati City;

2. The 2023 Audited Financial Statement of the Corporation;

3. The acts, proceedings, transactions, and agreements, authorized by and entered into by the Board of Directors and officers of the corporation, for and on behalf of the Corporation from the last special stockholders’ meeting to date;

4. The re-appointment of the firm Reyes Tacandong & Company as external auditors of the Corporation;

5. The nomination and election of the following as members of the Board of Directors of the Company: Jimmy Tiu Yaokasin, Augusto M. Cosio, Jr., Bernard B. Rabanzo, James G. Velasquez, Alma F. Buntua, Emmanuel K. Veloso (Independent Director), and Gopal Sham Daswani (Independent Director);

6. During the organizational meeting of the new Board of Directors held immediately after the stockholders’ meeting, the following officers were elected:


Chairman - Jimmy T. Yaokasin
President & CEO - Augusto M. Cosio, Jr.
Treasurer - Bernard B. Rabanzo
Corporate Secretary - Atty. Federico P. Prieto

The Board then appointed the following directors as members of the Board Committees:

Governance Committee:

Chairperson: Jimmy T. Yaokasin, Chairman of the Board
Members: Emmanuel K. Veloso, Independent Director
Gopal Sham Daswani, Independent Director
Atty. Federico P Prieto, Secretariat

Audit Committee:

Chairperson: Gopal Sham Daswani, Independent Director
Members: Emmanuel K. Veloso, Independent Director
Alma F. Buntua, Director


Risk Oversight Committee:

Chairperson: Emmanuel K. Veloso, Independent Director
Members: Augusto M. Cosio Jr., President & CEO
Gopal Sham Daswani, Independent Director


Nominations and Remuneration Committee:

Chairperson: Bernard B. Rabanzo, Director
Members: Augusto M. Cosio, Jr., President & CEO
Jimmy T. Yaokasin, Chairman of the Board


Executive Committee:

Chairperson: Augusto M. Cosio, Jr., President & CEO
Members: James G. Velasquez, Director
Bernard B. Rabanzo, Director/Chief Admin & Finance Officer
Atty. Federico P. Prieto, Chief Legal & Compliance Officer/Secretariat
Al Joseph C. De Guzman, Chief Operations Officer

The Board also re-appointed Helen Q. Chico as the Corporation’s Compliance Officer under the Corporate Governance Manual.
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person Position/Designation Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Jimmy T. Yaokasin Chairman 10 0 N/A
Augusto M. Cosio, Jr. President & CEO 10 250,000 Through Stock Broker
Bernard B. Rabanzo Chief Admin & Finance Officer 0 0 N/A
Atty. Federico P. Prieto Corporate Secretary 0 0 N/A
List of Committees and Membership
Name of Committees Members Position/Designation in Committee
GOVERNANCE COMMITTEE: Jimmy T. Yaokasin Chairman of the Board/ Chairperson
Members: Emmanuel K. Veloso Independent Director/Member
- Gopal Sham Daswani Independent Director/Member
- Atty. Federico. P. Prieto Corporate Secretary/Secretariat
AUDIT COMMITTEE: Gopal Sham Daswani Independent Director/Chairperson
Members: Emmanuel K. Veloso Independent Director/Member
- Alma F. Buntua Director/ Member
RISK OVERSIGHT COMMITTEE: Emmanuel K. Veloso Independent Director/Chairperson
Members: Augusto M. Cosio, Jr. President & CEO/Member
- Gopal Sham Daswan Independent Director/Member
NOMINATION AND RENUMERATION COMMITTEE: Bernard B. Rabanzo Director/Chairperson
Members: Augusto M. Cosio, Jr. President & CEO/Member
- Jimmy T. Yaokasin Chairman of the Board/ Member
EXECUTIVE COMMITTEE: Augusto M. Cosio, Jr. President & CEO/Chairperson
Members: James G. Velasquez Director/Member
- Bernard B. Rabanzo Director/Member
- Atty. Federico P. Prieto Corporate Secretary/Member
- Al Joseph C. De Guzman Chief Operations Officer/Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors

Please see attached.
Other Relevant Information

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Filed on behalf by:
Name Helen Chico
Designation Compliance Officer