DUTY FREE PHILIPPINES CORPORATION

Corporate Governance

I. STAKEHOLDER RELATIONSHIP

• POLICY AND ACTIVITIES
  
  1. Customer Welfare (Health and Safety)
  2. Interaction with Communities
  3. Environmentally-friendly value chain
• CORPORATE SOCIAL RESPONSIBILITY (CSR) REPORT (OR SUSTAINABILITY REPORT)
• CONTACT DETAILS FOR CONCERNS AND COMPLAINTS
• EMPLOYEES' WELFARE AND DEVELOPMENT
  
  1. Policy and Programs on Employees' Health, Safety and Welfare
     1. Emergency Preparedness Plan
     2. Corporate Safety Code
  2. Relevant data on Employees' health, safety and welfare
     1. 2016
     2. 2015
  3. Employees' Training and Development Programs
  4. Relevant Data on Employees' Training and Development
• WHISTLE BLOWING POLICY
  
  1. Procedure for complaints concerning illegal and unethical behavior
  2. Procedure in protecting employee/person from retaliation

II. DISCLOSURE AND TRANSPARENCY

• DOWNLOADABLE ANNUAL REPORT
  
  1. COO Message
  2. Corporate Objectives
  3. Charter Statement
  4. Strategy Map
  5. Financial Performance Indicators
  6. Non-Financial Performance Indicators
  7. Stakeholder Relationships (Policies and Activities)
     1. Citizen's Charter
  8. Details of whistle-blowing policy
  9. DFPC Board of Directors' Profile (Biographical Details, Trainings, Attendance, Access to Information, Approvals)
• DFPC'S COMPLIANCE WITH CODE OF CORPORATE GOVERNANCE
• ANNUAL FINANCIAL REPORT
  
  1. Audited Annual Financial Report
     1. 2016 (Posted: June 22, 2017)
     2. 2015 (Posted: June 27, 2016)
     3. 2014 (Posted: November 6, 2015)
  2. Annual Report upon release of Audited Financial Report
  3. Statement of Management's Responsibility for Financial Statement
     1. 2015
     2. 2014

III. RESPONSIBILITIES OF THE BOARD

• CORPORATE VISION/MISSION
  
  1. Secretary's Certificate on Board's approval of Vision and Mission
  2. Minutes of the Board Meetings on monitoring the implementation of corporate strategy
• CORPORATE SCORECARD RATING
• CODE OF ETHICS OR CONDUCT
  
  1. Details of Code of Ethics or Conduct
  2. Mandatory Compliance to the Code of Ethics or Conduct
  3. Implementing Guidelines on Compliance to the Code of Ethics or Conduct
• NOMINATION COMPENSATION OR RENUMERATION COMMITTEE
  
  1. Appointment
  2. Meetings
     1. 2018
     2. 2017
  3. Reports
• AUDIT COMMITTEE
  
  1. Appointment
  2. Reports
  3. Qualifications and Experiences of Members
  4. Meetings
     1. 2018
     2. 2017
• RISK MANAGEMENT COMMITTEE
  
  1. Appointment
  2. Reports
  3. Qualifications and Experiences of Members
• BOARD MEETINGS AND ATTENDANCE
  
  1. Schedule of Meetings
  2. Meetings
  3. Meetings vs. Scheduled
  4. Directors attendance
  5. Meeting without the COO
• ACCESS TO INFORMATION
  
  1. Policy on provision of documents to the board
  2. Board Secretary Qualifications
• INTERNAL AUDIT
  
  1. Functions
  2. Guidelines on the appointment and removal internal auditor
• RISK OVERSIGHT
  
  1. Risk Management System
  2. Board's Review of Risk Management System
  3. Management of Key Risks
  4. Board's affirmation on the adequacy of the internal control/risk management system
• CHAIRMAN AND COO
• BOARD OF DIRECTORS DEVELOPMENT
  
  1. Orientation programs for new Directors
  2. Directors' continuous professional education program
  3. Training Attendance
• BOARD APPRAISAL
  
  1. Directors' Performance Assessment
  2. Guidelines in conducting Performance Assessment
  3. Criteria in conducting Performance Assessment
• COMMITTEE APPRAISAL