C04354-2021

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)
Jun 25, 2021
2. SEC Identification Number
31050
3. BIR Tax Identification No.
000-152-291
4. Exact name of issuer as specified in its charter
Sta. Lucia Land, Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Penthouse, Building 3, Sta. Lucia Mall, Marcos Highway corner Imelda Avenue, Cainta, Rizal Postal Code 1900
8. Issuer's telephone number, including area code
(02) 8681-7332
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 8,196,450,000
11. Indicate the item numbers reported herein
9

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.

Sta. Lucia Land, Inc.SLI

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

Results of the 2021 Organizational Meeting of the Board of Directors
Background/Description of the Disclosure

Results of the 2021 Organizational Meeting of the Board of Directors
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
Vicente R. Santos Chairman 712,494 233,000 through Lucky Securities, Inc.
Exequiel D. Robles President 712,500 230,000 through Lucky Securities, Inc.
David M. Dela Cruz Executive Vice President, Chief Financial Officer and Chief Risk Officer - - -
Mariza Santos-Tan Treasurer 1 - -
Aurora D. Robles Assistant Treasurer 1 - -
Ace Franziz D. Cuntapay Internal Auditor and Data Protection Officer - - -
Jeremiah T. Pampolina Chief Compliance Officer and VP - Investor Relations & Corporate Planning - - -
Patricia A. O. Bunye Corporate Secretary - - -
Pancho G. Umali Assistant Corporate Secretary - - -
Crystal I. Prado Assistant Corporate Secretary - - -
List of Committees and Membership
Name of Committees Members Position/Designation in Committee
Executive Committee Exequiel D. Robles Chairman
Executive Committee Vicente R. Santos Member
Executive Committee Mariza Santos-Tan Member
Executive Committee Aurora D. Robles Member
Executive Committee Antonio D. Robles Member
Audit Committee Danilo A. Antonio Chairman
Audit Committee Renato C. Francisco Member
Audit Committee Vicente R. Santos Member
Audit Committee Orestes R. Santos Member
Corporate Governance Committee Renato C. Francisco Chairman
Corporate Governance Committee Danilo A. Antonio Member
Corporate Governance Committee Vicente R. Santos Member
Board Risk Oversight Committee Danilo A. Antonio Chairman
Board Risk Oversight Committee Renato C. Francisco Member
Board Risk Oversight Committee Vicente R. Santos Member
Related Party Transactions Committee Renato C. Francisco Chairman
Related Party Transactions Committee Danilo A. Antonio Member
Related Party Transactions Committee Vicente R. Santos Member
Related Party Transactions Committee Orestes R. Santos Member
Nomination Committee Renato C. Francisco Chairman
Nomination Committee Danilo A. Antonio Member
Nomination Committee Vicente R. Santos Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors

A. Resolution approving the Minutes of the Special Meeting of the Board of Directors held on 12 March 2021;

B. Resolutions authorizing the Corporation to acquire the following:

a. Parcels of land located in Rizal with a total area of 17,214 sq.m.;
b. Parcels of land located in Batangas with a total area of 102,018 sq.m; and
c. Parcel of land located in Cotabato with an area of 52,149 sq.m.

C. Resolutions authorizing the Corporation to enter into joint ventures involving the following:

a. Development of projects located in Rizal with a total area of 186,930 sq.m.;
b. Development of projects located in Bulacan with a total area of 24,839 sq.m.; and
c. Development of projects located in Laguna with a total area of 140,820 sq.m.

D. Resolutions confirming the authority of the Corporation to sell up to Three Billion (3,000,000,000) shares of stock through a follow-on offering, as previously approved during the Special Meeting of the Board of Directors held on 18 April 2013;

E. Resolutions approving the Disclosures contained in the Registration Statement and Listing Application and the filing thereof in connection with the Corporation’s Follow-on Offering, including the following:

a. approval to adopt the Fit and Proper Rule for the selection of directors and officers, and to undertake to comply with the rules of the Securities and Exchange Commission (SEC) on resolving conflicting issues regarding the selection of independent directors;
b. approval to authorize the SEC and its duly authorized representatives to access, inspect and copy all of the bank accounts of the Corporation, its subsidiaries, affiliates and persons under common control with or by the Corporation; and
c. approval to be joint and severally liable for all the acts of the Corporation’s transfer agent, Professional Stock Transfer, Inc., in relation to all matters involving the shares to be offered.

F. Resolutions authorizing the Corporation to engage the services of underwriter/s, issue managers and arrangers, selling agents, stabilizing agent, advisors, legal counsel, and such other parties and agents as may be necessary in connection with the Corporation’s Follow-on Offering, and to authorize Oliver Paul L. Pobre and Marian Elisa C. Carlos of China Bank Capital Corporation to represent the Corporation before the Philippine Stock Exchange, Inc.;

G. Resolution authorizing the Corporation to amend its dividend policy from up to ten percent (10%) to up to twenty five percent (25%):

“RESOLVED, That the Corporation be, as it is hereby, authorized and empowered to declare dividends equivalent to up to twenty five percent (25%) of the prior fiscal year's net income after tax subject to: (i) the availability of unrestricted retained earnings; (ii) implementation of business plans; (iii) contractual obligations; (iv) working capital requirements; and (v) the approval of the Board of Directors. The Corporation may declare dividends, annually or as often as the Board of Directors may deem appropriate, in cash or in kind and/or in additional shares from its surplus profits. The declaration and payment of dividends are subject to the regulatory requirements of the Securities and Exchange Commission and the Philippine Stock Exchange, Inc.”

H. Resolutions authorizing the Corporation to appoint Rizal Commercial Banking Corporation - Trust and Investments Group as Facility Agent.
Other Relevant Information

Please refer to the attached 17-C to be filed with the Securities and Exchange Commission.
Filed on behalf by:
Name Jennifer Marie Castro
Designation Acting Corporate Secretary