Enterprise Risk Management

Consistent with Pacific Online’s commitment of upholding the shareholders’ value through thought leadership, the Company has established a risk management system that aims to protect its long-term growth by identifying and addressing the full spectrum of potential risks and managing the combined impact of those risks to an acceptable level.

Details of the Company’s risk management system are disclosed in the latest Annual Corporate Governance Report (Section F) which has been submitted to the Philippine Securities and Exchange Commission.

Supervision of Pacific Online’s risk management system has been assigned to the Risk Committee by the Company’s Board of Directors.