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EDC 2014 SR (UPDATED)

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<strong>EDC</strong> <strong>2014</strong> Performance Report<br />

management and building administration for<br />

the Philippines. He worked as Strategic Sourcing<br />

Manager of ON Semiconductor Philippines,<br />

Inc. from 2009 to 2010. He was also with Intel<br />

Technology Philippines, Inc. for five years,<br />

holding various regional and global managerial<br />

positions in supply chain management.<br />

Mr. Malonzo is a Certified Professional in Supply<br />

Management (CPSM) from the Institute of Supply<br />

Management (ISM). He was the past Chairman of<br />

the Association of Semiconductor and Electronics<br />

Industries of the Philippines, Inc. Purchasing<br />

Managers (ASPM). He graduated with a BS in<br />

Mechanical Engineering Technology from De La<br />

Salle University (1984).<br />

<strong>2014</strong> Training<br />

• Four Disciplines of Execution<br />

• Executive Safety Leadership<br />

• Safety Leadership and Creating a Positive Safety<br />

Culture Seminar<br />

• Distinguished Corporate Governance Speaker<br />

Series<br />

• PowerUp<br />

• Executive Learning Session (Adaptive<br />

Leadership), Dr. Ronald Heifetz<br />

• Corporate Governance<br />

• Team Coaching<br />

VINCENT MARTIN C. VILLEGAS<br />

Vice President and Head of Business<br />

Development Group<br />

Mr. Villegas, 42, Filipino, was appointed by<br />

the Board in October 2009. He is also a Vice<br />

President of First Gen Corporation, First Luzon<br />

Geothermal, Green Core Geothermal Inc.,<br />

Bacman Geothermal Inc., and <strong>EDC</strong> Burgos Wind<br />

Power Corporation. He is in charge of the various<br />

growth initiatives in geothermal, solar, and wind.<br />

In First Gen, he worked on both greenfield<br />

projects and acquisitions involving natural<br />

gas and coal technologies. He is the Treasurer<br />

and Director of the Wind Energy Developers<br />

Association of the Philippines and also serves<br />

as the Director of the National Geothermal<br />

Association of the Philippines. Prior to joining<br />

First Gen, he worked with the Treasury Group of<br />

PHINMA, Inc. from 1994 to 1996.<br />

Mr. Villegas has a Masters in Business<br />

Management from AIM (1998). He graduated<br />

with an AB in Management Economics degree<br />

from the Ateneo de Manila University (1993).<br />

<strong>2014</strong> Training<br />

• Executive Coaching Program; Mr. Tristan dela<br />

Rosa; Banyan Way Asia Mgt. Consult.<br />

• 4 Disciplines of Execution<br />

• PowerUp<br />

• Executive Learning Session (Adaptive<br />

Leadership), Dr. Ronald Heifetz<br />

• Corporate Governance<br />

• Team Coaching<br />

ARIEL ARMAN V. LAPUS<br />

Vice President and Head of Business<br />

Development (Latin America)<br />

Mr. Lapus, 45, Filipino, was appointed by the<br />

Board in March 2012 to oversee <strong>EDC</strong>’s business<br />

development efforts in Latin America. He is<br />

based in Santiago, Chile, and supervises the <strong>EDC</strong><br />

organizations in both Chile and Peru. He sits in<br />

the boards of directors of all the <strong>EDC</strong> companies<br />

in Chile and Peru.<br />

Mr. Lapus is also a Vice President in First Gen<br />

Corporation where he headed the Power<br />

Marketing and Trading Group from November<br />

2009 until his secondment to <strong>EDC</strong> in March<br />

2012. Prior to joining First Gen Corporation, he<br />

was Executive Vice President of Global Business<br />

Power Corporation and Vice President of Mirant<br />

Philippines Corporation.<br />

Mr. Lapus graduated with a Bachelor of Science<br />

degree in Business Management from the Ateneo<br />

de Manila University (1990) and has a Master in<br />

Business Management (MBM) degree from the<br />

Asian Institute of Management (1997).<br />

<strong>2014</strong> Training<br />

• PowerUp<br />

• Executive Learning Session (Adaptive<br />

Leadership), Dr. Ronald Heifetz<br />

• Corporate Governance<br />

• Team Coaching<br />

Erudito S. Recio<br />

Senior Manager, Investor Relations<br />

Mr. Recio, 57, Filipino, has been with the<br />

Company since 1981. He was appointed to<br />

his current position in January 2007 but has<br />

performed his current duties since December<br />

2006. He started with the company as a Planning<br />

Engineer in 1981 and has since held various<br />

positions in the Planning & Control Division. He<br />

was Corporate Planning Manager from 1993 to<br />

2006.<br />

Mr. Recio obtained a BS in Management<br />

Engineering degree from the Ateneo de Manila<br />

University. He completed the Management<br />

Development Program of AIM (1996).<br />

<strong>2014</strong> Training<br />

• <strong>2014</strong> Executive Learning Session: Adoptive<br />

Leadership<br />

• CG Orientation Program<br />

• Emergency Disaster Configuration Seminar<br />

ERWIN o. AVANTE<br />

Vice President, Head of Corporate Finance<br />

Division and Compliance Officer<br />

Mr. Avante, 40, Filipino, was appointed by the<br />

Board as Vice President in March 2011 and as<br />

Compliance Officer effective March <strong>2014</strong>. He is<br />

also a Vice President in First Gen Corporation<br />

and was a member of the Board of Trustees of<br />

the CFA Society of the Philippines from 2010 -<br />

2013. Prior to joining the Lopez Group in 1998,<br />

Mr. Avante worked as Senior Audit-In-charge at<br />

SyCip, Gorres, Velayo &. Co.<br />

Mr. Avante has Masters in Business Administration<br />

(2000) and Masters of Science in Computational<br />

Finance (2003), both obtained from the Graduate<br />

School of Business – De La Salle University, and a<br />

Bachelor of Science in Accountancy degree from<br />

De La Salle University (1994). Mr. Avante placed<br />

1st in the May 1995 Certified Public Accountants<br />

board examination. He is also a CFA<br />

charterholder since 2005.<br />

<strong>2014</strong> Training<br />

• Four Disciplines of Execution<br />

• Distinguished Corporate Governance Speaker<br />

Series<br />

• Environmental Management Representative<br />

with Neville Clarke<br />

• EMS: Environmental Management<br />

Representative Training with Elizabeth Pulvinar<br />

• Executive Learning Session (Adaptive<br />

Leadership), Dr. Ronald Heifetz<br />

• Emergency Disaster Configuration Seminar<br />

• Team Coaching<br />

• Executive Coaching Program; Mr. Tristan dela<br />

Rosa; Banyan Way Asia Mgt. Consult.<br />

DOMINADOR M. CAMU, JR.<br />

Head of Bacman Geothermal Business Unit<br />

and concurrent Head of Operations and<br />

Engineering Group<br />

Mr. Camu, 53, Filipino, was appointed by the<br />

Board in March 2012. Prior to this, he served as<br />

Vice President and General Manager for First<br />

Gas Corporation from 2009 to 2012 and has also<br />

held various key positions in General Electric<br />

International Inc., Covanta Power International<br />

Holdings Inc., and Ogden Energy Philippine<br />

Holdings Inc.<br />

He has 30 years of EPC and O&M experience<br />

coupled with comprehensive expertise<br />

encompassing asset management and O&M of<br />

power plant and energy facilities. Experienced<br />

in Combined Cycle Gas Turbine, Coal, Diesel,<br />

Waste to Energy and Geothermal power stations.<br />

Experienced in Project and O&M Management<br />

of diverse international owners and in the<br />

management and direction of both internal and<br />

external EPC & O&M contractors on projects<br />

of over 2,000MW at demanding and remote<br />

locations.<br />

Worked globally in various capacities and key<br />

cross-functional roles driven by his ability and<br />

reputation to consistently meet the expectations<br />

of his peers and stakeholders in complex and<br />

time sensitive energy projects. Past experience in<br />

working with project proponents and in dealing<br />

with project agreements (in the context of EPC,<br />

Lenders, Shareholders, PPA, Fuel Supply/Energy<br />

Conversion, and O&M agreements) on both sides<br />

of the aisle manifested by his ability to put on<br />

different hats and take on multifaceted roles<br />

Mr. Camu graduated with a Bachelor of Science<br />

Degree in Electrical Engineering from Mapua<br />

Institute of Technology (1983). A member of the<br />

Philippines Society of Institute of Integrated<br />

Electrical Engineers, he passed the Professional<br />

Regulation Commission Board Examinations for<br />

Electrical Engineer in 1984.<br />

<strong>2014</strong> Training<br />

• PowerUp<br />

• Corporate Governance<br />

Dwight a. Maxino<br />

Vice President, Head of Negros Island<br />

Geothermal Business Unit Project<br />

Management Office and Facility Shared<br />

Services<br />

Mr. Maxino, 56, Filipino, was appointed by<br />

the Board in December 2010. He has been<br />

with <strong>EDC</strong> since February 1980 and has held<br />

various positions including Well Test Aide,<br />

Reservoir Engineer, Well Test Measurement<br />

and Maintenance Supervisor, Production<br />

Superintendent, and Production Manager. He<br />

served as the Resident Manager of LGPF from<br />

2004 to 2005 and SNGP from 2006-2010, and as<br />

OIC Resident Manager of NNGPF from 2009 to<br />

2010.<br />

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