Puregold Price Club, Inc. at its Annual Stockholders Meeting held on May 9, 2023, elected Gil B. Genio and Emmanuel G. Herbosa to its board of directors. Please see below the business profiles of the newly-elected directors of Puregold Price Club, Inc.: Gil B. Genio, Filipino, 64 years old: Mr. Genio was the Chief Technology and Information Officer of Globe Telecom, Inc. from 2015 to 2021 and its Chief Strategy Officer from 2011 to 2021. Currently, he is an Independent Director of GT Capital Holdings, Inc. and a Fellow of the Institute of Corporate Directors.

Prior to being Chief Technology and Information Officer of Globe Telecom, Inc., he was the Chief Executive Officer of Globe Capital Venture Holdings and Bayantel and Islacom and spent more than 12 years at Citibank - Philippines, Singapore, Japan, Hongkong, and New York. Mr. Genio graduated from the University of the Philippines with a degree of Bachelor of Science in Physics, Magna Cum Laude, in 1980 and obtained a degree in Master's in Business Management, with distinction, from the Asian Institute of Management in 1986. This is the first time Mr. Genio will be nominated as an Independent Director of the Company; Emmanuel G. Herbosa, Filipino, 69 years old: Mr. Herbosa was the President and CEO of the Development Bank of the Philippines from March 2019 to January 2023, the Philippine Export-Import Credit Agency from June 2018 to February 2019, Executive Vice-President of the Bank of Commerce from January 2014 to December 2017, and Senior Vice-President of the Bank of the Philippine Islands from January 2008 to April 2013.

Mr. Herbosa graduated from Dela Salle University with a degree of Bachelor of Science in Industrial Management Engineering in 1975 and obtained a degree in Master's in Business Administration from Wharton, University of Pennsylvania in 1979. This is the first time Mr. Herbosa will be nominated as an Independent Director of the Company.