Statement of the ABS-CBN Board of Directors and Advisors

We, the undersigned members of the ABS-CBN Board of Directors and Board of Advisors, believe in ABS-CBN as an institution and the value it creates for the viewing public.

Notwithstanding the loss of its broadcast franchise, we believe in its qualities as a content-provider, allowing it to pivot its business model and return to profitability. We back the leadership team headed by CEO Carlo Katigbak and are confident in its ability to execute its recovery plan.

ABS-CBN is more than a media company. It is an institution that has served Philippine democracy and the Filipino people for generations — a mission that remains vital and very much alive. We are committed to its employees, its artists and journalists, and the public it continues to serve.

Randolf David, Director

Emmanuel de Dios, Director

Rafael Lopez, Director

Honorio Poblador, Director

Martin Lopez, Director

Charo Santos-Concio, Advisor

Federico Garcia, Advisor

Salvador Tirona, Advisor

Antonio Periquet, Advisor

Cynthia Del Castillo, Advisor

Cesar Purisima, Advisor