The Board of Directors Among the PLDT Board’s duties and responsibilities are to ensure a high standard of governance and to promote and protect the interest of the Company, its stockholders and other stakeholders, including ensuring that the Company: ( i ) has an effective investor relations program to keep stockholders and investors informed of important developments in the Company; (ii ) respects and promotes the rights of stockholders; and (iii ) identifies its stakeholders in the community in which it operates or those who are directly affected by its operations; and that (iv) the Company has a stakeholder engagement policy or program to promote communication and cooperation with stakeholders.