~

riifiHNaRe

•• _~ 0- •• _. _

NATIONAL REINSURANCE CORPORATION OF THE PHILIPPINES18'" FLOOR, PHILIPPINE AXA LIFE CENTRE, SEN. GIL PUYATAVENUE CORNER T1NDALO STREET, MAKATI CITY, PHILIPPINES

TELS (632) 759-5801 TO 06 • FAX (632) 759·5801 • WEBSITE: www.nrcp.com.ph· E MAIL: nrcp@nrcp.com.ph

June 27,2013

Philippine Stock Exchange Inc.Philippine Stock Exchange PlazaAyala Triangle, Ayala AvenueMakati City, Metro Manila

Attention:

Re:

Dear Ms. Encarnacion:

Ms. Janet EncarnacionHead, Disclosure Department

National Reinsurance Corporation of the Philippines

We are submitting herewith a copy of the Certification of Independent Directorsduly executed by our newly elected directors, in compliance with your disclosurerequirement.

We trust you will find this submission in order.

Very truly yours,

RE~

VP/ Compliance Officer

~.-:.;;-=~~-1·~~-~CIi·

2013 CERTIFICATION OF INDEPENDENT DIRECif~ JUN 2 6 2013o IIY- 12

1,MEDEL T. NERA, Filipino, of legal age, and a resident of 42 Ro~evilleSt. White Plains Subdivision, Quezon City, after having been dulysworh to in .accordance with law do hereby declare that:

(1) I am an independent director of National ReinsuranceCorporation of the Philippines (the "Corporation").

(2) I am affiliated with the following companies or organizations:

Company/Organization I Position/Relationship IPeriod of

ServiceHouse of Investments, Inc.

President & CEO2earsRCBC Real

Cor orationPresident2 ears

Honda Cars Kalookan, Inc.

President2earsiPeo Ie Inc.

Director2earsEEl Cor oration

Director2earsGreyhounds Security &

Chairman/Director2 yearsInvesti ation A enc RizalCommercial Banking

Director2 yearsCor oration Manila Memorial Park Cemetery

.Director2 yearsInc.

--Seafront Resources Corporation I DirectorI2 years

(3) I possess all the qualifications and none of the disqualifications toserve as an Independent Director of National ReinsuranceCorporation of the Philippines, as provided for in Section 38 of theSecurities and Regulation Code, its Implementing Rules andRegulations and other laws and issuances applicable to theCorporation.

(4) I shall faithfully and diligently comply with my duties andresponsibilities as independent director under the SecuritiesRegulation Code and other applicable laws and issuances.

(5) I shall inform the Corporate Secretary of the Corporation of anychanges in the above mentioned information within five days fromits occurrence.

,dUN 2, ,6 2013

SIGNEDthis .2013 at 8~" (If:,.

, JUN 2 6 2013SUBSCRIBEDand SWORN to before me this . at ADF7;ON ell'.-affiant personally appeared before me and exhibited his passport no.EB6915474 issued on December 10, 2012 at Manila and community taxcertificate no. 10682326 issued on January 30, 2013 at Makati City.

h7"i'¥nOE1...l G. G.(}~7(f;a1LA

Doc. No. ~P1;

Page No.;Book No~ ;Series 2013.

NOT~~i~:~~":2:' :-:,~c ': _" ,,"'?',~,66.,COMl\ u_,._-,, "'_.'. --. ~~~"~'- : ..1, .••., .•.,}

PTR NO. '.>'ci. .~~:. t '~_i .• ~ t}j '<,J!.:c.

IBP NO. 34480, MJ2/2u13,(l.C.ROLL 0 TORNEY NO. 2S1G3

f!

12

~~-~(\j~IJUN 2 6 2013) ..

J@IeY-2013 CERTIFICATION cr :?.JGSPENDENT DIRE

I, ROMEO L. BERNARDO! Filipino, of legal age, and a residBelvedere Tower, San Miguel Avenue, Ol"tigas Center, Pasig City 1600,

been duly sworn to in accordance with hw ,do -:lercby declare that:

(1) T am an independent director of i-J ational Reinsurance Corporation of thePhilippines (the "Corporation").

(2) 1am affiliated with the following companies or organizations:

l'eriod 9f _Serv~ce.

April 26, 2006

2005

May '19, 2008

2003

2012

.~

July 2007September 2001 I

Director

Position/ ReladcrishiIndependent Director /Stockholder

Chairman, Board ofDirectors

Chairman, Board ofDirectors

Chairman, Board of 2009 .

Directors 1

Chairman, Board of 2003 IDirectors ~

~:::~-~:1~~1,Board of =f.-.-------=l--;Chairman, ;30ard Of.. --DirectorsDirector .- - i A Jril 2006Director Au ust 21, 2002Director October 23, 2002----.Director February 11, 2004

Director . , FebrllalY 18, 2004Director April 27, 2006Director December 4,2009

ALFM Money Market Fund

ALfM Growth Fund

ALFM Peso Bond Fund

Philippine Stock Index hllld,Cor

Ayala Plans, Ine.Bank of the Philippine Islands.!?PI~ital Corporation'BPI Dirccl Savings Bank, Ine.

BPI Family Savings Bank, In~BPI Globe BanKo Inc

BPI/MS Insurance

CorporationBPI Philum J .ife Assurance

Corporation __. , ~ . _PINEX Foundation lue. Trustee- .-.---jl--------Foundation for Economic Vice Chairman and

Preedom Founding FellowGlobalSoulTc Partners Advisor

Globe Telecom, Ine. ,_. -.:Qirector / Stockholdc]'Institute for Development & DirC'ctor

Econometric An~sis, Ille. ~T:a-;'~o':R-;;'nclrd'~Ti~;&-----Presjdent and Manaboin~ October 1996 ----'-'

Associates,lnc. DirectOi" / Partner t

Philippine Institute for Director ·--Ioct 'Development Studies . j .---j

Philippine Investment Dir€ctor / Stockholder . ,-A.Ugllst 2005Malla~el1lent, Ine. (PHINMA) . . .__ . ~

ALFM Euro Bond Fund

Compariy/Organiz(1tionAboili;>;Power Corporation

APi-~-----_._----_.-ALFM Dollar Bond Fund

Company/ OrganizationRFM<;:orpora tiOl~

Management Association of

~1l' rl~iE'pines._._~ .._

Posi ':.(lnL~~,::l.::tionshil.DireCi.~L?!~~~,:holderTruste·"

Period of ServiceOcto ber 20022013

(3)1 possess all the qualifications <:1nu none of the disqualifications to serve as anIndependent Director of j\:z,,::br:,';; Reinsurance Corpora:iol1 of thePhilippines, as provided for i'.1 SccLon 38 of the Securities and RegulationCode, its Implementing Rules ('je,e!. Regulations and other laws and issuai~cesapplicable to the Corporation ..

(4) I shall faithfully and diligently comply with my duties and responsibilities asindependent director under the S,,'curities Regulation Code and otherapplicable laws and issuances.

(5) I shall inform th.c· Corporate Secretary of the Corporation of any chClnges inthe abovementioned information within five days from its occurrence.

RomkmaraoAffiant

SUBSCRJBuD AND SWORN on before l11.e thi~Ult2Razntt,]unc 2012 at_. ._. ~~OMf9Jt~ personally appeared before 111.C 3mf ex1i.mt'ted to me hisPhilippine passptll'l number 1:<J3229430Sdnd CommlJnity Tax Certificate No. 1392631,:1if;SUl'd at Quc:/,()T) City nn January "17,20n.

,9$Doc No. ~;;l.Jage No. ---f-lfr;

Book No.t}MSeries of 201?Jr

--.1..

2013 CERTIFICATION ,CF E\J:·~·2PENDENT DIRE

I, ERMILANDO D. NAPA. Filipino} of legal age} and a residertt of 120Bluebird Road, Mannville Subdivision, P;1ranaque, after having Jieen duly

sworn to in accordance with law do hereby declare that:

(1) I am an independent director of I\:ational Reinsurance CorForationof the Philippines (the "Corporation").

(2) I ;m1 affiliated with the following companies or organizations: .

,..... - .... -. 1 0 ',.'. ·-----·-~lI /0" I rOSllwn/ '-' . , rs . I'i Company rgal1lzatlOn I ~ ., • ~.Jenou Vi erVice

f -Manila Con~t;lt-i-~g & I CEO/~;;:~~~l:)~~:~~P1992~I)resent----'~

~r~;;'~;~;w;~;f;'[~~,~--- h:11<1iIn1 an/Stockl;ni,1 ~I 20 Ill- Pre, e n t l.C;tdnauan Hc~-ourccs &. - I PI'e~jZi~~t/St~~i~il-ol(je~' '\ iOOS=-Present -------lDevelopment Corporation I .

'__._,__._. ~ + . ~__~n __ m !

L' Opera Inc. I Director/Stockholder [2000- Present I

_n._n ._._.n __ -, j ·1

CIIF Oil Mills Croup I Director 2011- Present I

National Life Insurance I Ap~)Olnted (:o~~~rV(]L~;:-- ,--2() 13-------- -, -- .... -!Company of the Philippines l:y the .Insurance I ICommiSSion ,

_n. .1 . ~ __ .. ~

. (3) I pos~~ess ell! the qualifications and none of t.he disqualifications toserve as an Independent Director of Nadon;::.: Reinsu.::anceCorporation of the Philippines, as provided for in Section 38 or the

Securities and Regulation Code} its Implernenting Rules and

Regulations and other laws and issuances applicable to the

Corporation.

(4) I shall faithfully and diligently comply with my duties andresponsibilities as independent director under the Securities

Regulation Code and other applicable lClws and issuances.

.j,.

(S) I shall inform the (orpo;';'jJ: SC,Tetary of the Corporation of anychanges in the abovemenLor ..ed i;~formation within five days from itsoccurrence.

SIGNED this

SUBSCRIBED and SWORN to before me this

. ._' at , affiantpersonally appeared before me and exhibited to me his passp~".t!~~(Jr~326

issued on August 17, 2010 at DFA Manila,

J)C.Jc. No, '-1fr,' ;

Page No. __ }~~'

I~()ok No. ,_Series of 20 U.