The Board of PHINMA Petroleum and Geothermal, Inc. elected Mr. Jaime Alfonso Eder Zobel de Ayala as a new Director of the Company to serve the remaining term of office of Mr. Roberto M. Laviiia, whose resignation was accepted by the Board during the meeting last 01 July 2019. The Board appointed Mr. Jaime Alfonso Eder Zobel de Ayala as member of the Executive Committee.