C05058-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 19,535,000,000 |
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Subject of the Disclosure |
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Appointment of External Auditor for 2024 |
Background/Description of the Disclosure |
Please be advised that as of date, DITO's Board of Directors has approved the Audit Committee's endorsement of Sycip Gorres Velayo & Co. as the Company's external auditor to replace its previous external auditor. |
Date of Approval by Board of Directors | Jul 30, 2024 |
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Date of Approval by Stockholders | TBA |
Previous External Auditor | Punongbayan & Araullo |
New External Auditor | Sycip Gorres Velayo & Co. |
Effective Date of Engagement of New External Auditor | TBA |
Rationale for Replacement |
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The change in external auditor is intended to streamline audit services and to comply with the requirement for the rotation of external auditor. |
Other Relevant Information |
Please see attached SEC Form 17-C. |
Name | Alyssa Hannah Nuqui |
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Designation | Associate Legal Counsel |