Asia United Bank Corporation announced that the approval by the board of directors during the meeting held on October 22, 2021, this disclosure reflects the changes in board membership to add Mr. George Chua as a new member in following committees: Audit Committee, Corporate Governance Committee, Related Party Transactions Committee and Trust Committee; and Atty Lily K Gruba as the new Chairperson of the Trust Committee. The Board of Directors of Asia United Bank in its meeting elected Mr. George Chua as Director and Atty. Romero Federico Quimbo as the Lead Independent Director.