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June 30, 2020

Rizal Commercial Banking Corporation Notice Of Annual Stockholders' Meeting

Rizal Commercial Banking Corporation Notice Of Annual Stockholders' Meeting

For the safety and well-being of all the Bank's stakeholders, please be advised that the Annual Stockholders’ Meeting of the Bank will be conducted virtually in lieu of a physical meeting.  The virtual meeting will be held on July 27,2020 at 4:00 P.M.  through https://www.rcbc.com/ASM2020 for the purpose of considering the following matters:

  1. Approval of the Minutes of the Annual Meeting of the Stockholders held on June 24, 2019
  2. Approval of the Annual Report and the Audited Financial Statements for 2019
  3. Ratification of the actions and proceedings of the Board of Directors, different Committees and Management of the Bank during the year 2019
  4. Confirmation of significant transactions with DOSRI and related parties
  5.  Appointment of External Auditor
  6. Election of Directors
  7. Such other matters as may properly come before the meeting

The Notice, Agenda and Rationale/Explanation for Agenda Items may be accessed by scanning the QR Code below or going to https://www.rcbc.com/asm2020-materials.

Stockholders of record at close of business on June 30, 2020 may participate in the virtual meeting either by remote communication by themselves or by proxy, or by casting their votes in absentia. Only stockholders or their proxies who duly register by email shall be allowed to access the virtual meeting at https://www.rcbc.com/ASM2020.

Registration Voting and Proxy

Stockholders must register and cast their votes by sending a registration email to RCBC-ASM-2020@rcbc.com. Registration will be accepted until 5:00 pm of July 19, 2020. Registration must be done in accordance with the requirements set forth under the Procedure for the Annual Stockholders’ Meeting.  The Procedure for the Annual Stockholders’ Meeting may be accessed by scanning the QR Code below or by going to https://www.rcbc.com/asm2020-materials.

Votes shall be cast by ballot or proxy in accordance with the Proxy Form, Vote Ballot, and the instructions/procedures indicated therein.  Vote Ballots and Proxy Forms must be submitted together with the registration email to RCBC-ASM-2020@rcbc.com and shall be accepted only until 5:00 pm of July 19, 2020. Failure of the stockholder to send his/her votes within the deadline shall be deemed a vote of approval for all the agenda items.  The Proxy Form and the Vote Ballot (with pertinent instructions/procedure) may be accessed and downloaded by scanning the QR Code below or by going to https://www.rcbc.com/asm2020-materials.

The validation of ballots and proxies shall be held on July 20, 2020 at 9:00 am at the Office of the Corporate Secretariat at the 21st Floor, Tower 2 of RCBC Plaza.  

Comments and Questions for the ASM

Due to logistical limitations at the virtual meeting, only relevant comments and questions on agenda items which are submitted by email to CorSecRCBC@rcbc.com by 5:00 pm of July 24, 2020 will be considered during the open forum.

Definitive Information Statement and Other Materials

A copy of the Definitive Information Statement (DIS) (which includes the Annual Report, Quarterly Report, Audited Financial Statements and other pertinent information) pursuant to Section 20-IS of the Securities Regulation Code is available on the PSE Edge Portal via https://edge.pse.com.ph/openDiscViewer.do?edge_no=a62411425ba6a7930de8473cebbd6407.

The DIS is also available in 2 parts on the Bank’s website and can be accessed by scanning the QR Code below or by going to https://www.rcbc.com/asm2020-materials.

Questions or requests for clarification on the procedure for attending the annual stockholders’ meeting through remote communication, may be emailed to CorSecRCBC@rcbc.com with subject: CLARIFICATION NEEDED.

The Bank undertakes to provide each stockholder without charge a copy of the annual report on SEC Form 17-A upon written request to the Bank addressed to:

Atty. George Gilbert G. dela Cuesta
Corporate Secretary
Rizal Commercial Banking Corporation
46/F, Yuchengco Tower, RCBC Plaza
6819 Ayala Ave. cor. Sen. Gil J. Puyat Ave. Makati City

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