CR05014-2019

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporatedisclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange,and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly tothe Corporate Information Officer of the disclosing party.

I-Remit, Inc.I

PSE Disclosure Form 17-18 - Other SEC Forms/Reports/Requirements

Form/Report Type SEC FORM 17-C

Report Period/ReportDate Jul 26, 2019

Description of the Disclosure

In compliance with SEC Memorandum Circular No. 20, Series of 2013, which directs all key officers and members of theboard of publicly-listed companies to attend, at least once a year, a program on corporate governance conducted bytraining providers that are duly accredited by the SEC, please see attached Certificates of Completion issued by theRisks, Opportunities, Assessment and Management (ROAM), Inc. to Mr. Arsenio M. Bartolome III (Chairman of theBoard, Independent Director, Chairman of Related Party Transactions Committee and Corporate GovernanceCommittee), Mr. Harris D. Jacildo (Director and President), Mr. John Y. Tiu, Jr. (Director and Chairman of Bids andAwards Committee), Mr. Bansan C. Choa (Director, Chairman of Compensation and Remuneration Committee, FinanceCommittee and Bids and Awards Committee), Mr. Gilbert C. Gaw (Director), Mr. Jose Joel Y. Pusta (Independent Directorand Chairman of Audit Committee), Mr. Felix Adelfo B. Lopez, Jr. (Independent Director and Chairman of Risk OversightCommittee), Mr. Calixto V. Chikiamco (Director and Chairman of Information and Technology Steering Committee), Ms.Anna Francesca C. Respicio (Corporate Secretary), Ms. Ysabel N. Trinidad (Assistant Corporate Secretary), Ms. MariaElizabeth Y. Garcia (Executive Vice President), Mr. Ronald A. Benito (Executive Vice President), Mr. Dennis L.Sobrepeña (Vice President), Ms. Eva P. Hermogenes (Vice President), Ms. Angelita J. Ravalo (Vice President), Mr.Eduardo S. Dy III (Vice President) and Mr. Froilan Miguel G. Alcantara (Compliance Officer) of I-Remit, Inc. in relation tothe Corporate Governance Seminar Program held on July 26, 2019 in San Juan City.

Filed on behalf by:

Name Harris Jacildo

Designation President

111111111111111111111I11111111111111111111111111111I1111I1111111111111111111111111111108012019001611

SECURITIES AND EXCHANGE COMMISSIONSECBuilding,EDSA,Greenhilis,MandaluyongCitY,MetroManila,Philippines

Tel:(632) 726-0931 to 39 Fax:(632) 725-5293 Email: mis@sec.gov.ph

Barcode Page

The following document has been received:

Receiving Officer/Encoder : Jojit Licudine

Receiving Branch : SEC Head Office

Receipt Date and Time : August 01, 2019 09:06:43 AM

Received From : Head Office

Doc Source

Company Representative

Company Information

SEC Registration No.

Company Name

Industry Classification

Company Type

Document Information

A200101631

I-REMIT INC.

Stock Corporation

Document 10

Document Type

Document Code

Period Covered

No. of Days Late

Department

Remarks

108012019001611

17-C (FORM 11-C:CURRENT DISCLIRPT)

17-C

July 26, 2019

oCFD

A 2 0 0 1 0 1 6 3 1

SEC Registration Number

I - R E M I T , I N C . A N D S U B S I D I A R I E S

(Company’s Full Name)

2 6 / F D i s c o v e r y C e n t r e , 2 5 A D B A v e

n u e , O r t i g a s C e n t e r , P a s i g C i t y

(Business Address: No. Street City/Town/Province)

Mr. Harris D. Jacildo (632) 706-9999 local 100 / 105 / 109 (Contact Person) (Company Telephone Number)

1 2 3 1 1 7 - C

Month Day (Form Type) Month Day (Fiscal Year) (Annual Meeting)

(Secondary License Type, If Applicable)

Dept. Requiring this Doc. Amended Articles Number/Section

Total Amount of Borrowings

Total No. of Stockholders Domestic Foreign

To be accomplished by SEC Personnel concerned

File Number LCU

Document ID Cashier

S T A M P S

Remarks: Please use BLACK ink for scanning purposes.

COVER SHEET

2

I-REMIT, INC.

SEC FORM 17-C

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER

1. July 26, 2019

Date of Report (Date of earliest event reported)

2. SEC Identification Number A200101631 3. BIR Tax Identification No. 210-407-466-000

4. I-REMIT, INC.

Exact name of issuer as specified in its charter

5. Metro Manila, Philippines

Province, country or other jurisdiction of incorporation

6. Industry Classification Code: (SEC Use Only)

7. 26/F Discovery Centre, 25 ADB Avenue, Ortigas Center, Pasig City 1605

Address of issuer's principal office Postal Code

8. (632) 706-9999 local 100 / 105 / 109

Issuer's telephone number, including area code

9. Not applicable

Former name or former address, if changed since last report

10. Securities registered pursuant to Sections 8 and 12 of the Code, or Sections 4 and 8 of the RSA

Title of each Class Number of shares of common stock

outstanding and amount of debt outstanding

Common Stock 611,639,122

11. Indicate the item numbers reported herein: Item 9. Other Events

3

Item 9. Other Events.

In compliance with SEC Memorandum Circular No. 20, Series of 2013, which directs all key

officers and members of the board of publicly-listed companies to attend, at least once a year, a

program on corporate governance conducted by training providers that are duly accredited by the

SEC, please see attached Certificates of Completion issued by the Risks, Opportunities, Assessment

and Management (ROAM), Inc. to Mr. Arsenio M. Bartolome III (Chairman of the Board, Independent

Director, Chairman of Related Party Transactions Committee and Corporate Governance Committee),

Mr. Harris D. Jacildo (Director and President), Mr. John Y. Tiu, Jr. (Director and Chairman of Bids and

Awards Committee), Mr. Bansan C. Choa (Director, Chairman of Compensation and Remuneration

Committee, Finance Committee and Bids and Awards Committee), Mr. Gilbert C. Gaw (Director), Mr.

Jose Joel Y. Pusta (Independent Director and Chairman of Audit Committee), Mr. Felix Adelfo B.

Lopez, Jr. (Independent Director and Chairman of Risk Oversight Committee), Mr. Calixto V.

Chikiamco (Director and Chairman of Information and Technology Steering Committee), Ms. Anna

Francesca C. Respicio (Corporate Secretary), Ms. Ysabel N. Trinidad (Assistant Corporate Secretary),

Ms. Maria Elizabeth Y. Garcia (Executive Vice President), Mr. Ronald A. Benito (Executive Vice

President), Mr. Dennis L. Sobrepeña (Vice President), Ms. Eva P. Hermogenes (Vice President), Ms.

Angelita J. Ravalo (Vice President), Mr. Eduardo S. Dy III (Vice President) and Mr. Froilan Miguel G.

Alcantara (Compliance Officer) of I-Remit, Inc. in relation to the Corporate Governance Seminar

Program held on July 26, 2019 in San Juan City.

SIGNATURE

Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused

this report to be signed on its behalf by the undersigned thereunto duly authorized.

Issuer: I-REMIT, INC.

By:

FROILAN MIGU L G. ALCANTARA

Compliance Officer

July 26, 2019

4

1

Profile of BENJAMIN I. ESPIRITU, Ph.D. Brigadier General AFP (Res)

Dr. Benjamin Espiritu is a Certified Public Accountant, President of Risks, Opportunities Assessment and Management, (ROAM) Inc., President & CEO of Change Management International, Inc., Chairman and CEO of Ormin Realty Corporation, Chairman of Banco de Mindoro, Inc., Chairman and President of EC Ventures Corporation and heads several other private corporations and two family foundations. He is also the Chairman of the Board of Regents of Pamantasan ng Lungsod ng Maynila (University of the City of Manila), Chairman of the Board of Trustees of Ospital ng Maynila (Hospital of Manila) Medical Center, Director of two publicly-listed corporations – Central Azucarera de Tarlac, Inc. and Dizon Copper Silver Mines, Inc., and of an insurance company – Intrastrata Assurance Corporation. He is likewise Chairman of the Board of Advisers of the Philippine Marine Corps and President of the National Defense College of the Philippines Alumni Association, Inc.

He is a corporate governance practitioner who has trained roughly over

5,000 directors of banks, publicly listed companies, insurance companies and distribution utilities since 2002. He has also written numerous articles on corporate governance, and authored research papers on the subject that have been presented at international academic fora.

In government, Dr. Espiritu served as Provincial Governor of Oriental

Mindoro. He was the youngest appointed governor and youngest elected governor during the Cory Aquino Administration. Under his leadership, Oriental Mindoro became a 1st Class Province.

In the military, he is a Brigadier General (appointed effective December

21, 2013, confirmed by the Commission on Appointments on June 4, 2014) and former Commander of the 7th Marine Brigade (Reserve) which has the entire Luzon as its area of responsibility. Under his command, the 7th Marine Brigade was adjudged as the AFP Ready Reserve Unit of the Year for three consecutive years – 2015, 2014 and 2013 (Brigade/Wing Level) and Philippine Navy Reserve Unit of the Year also for six straight years – 2017, 2016, 2015, 2014, 2013 and 2012. Prior to this, he served as G-2 concurrent G-6 of the former 4th Marine Brigade.

In the academe, he was the former Dean of Far Eastern University –

Makati (October 2009-August 2012). He was also formerly Chairman of the Accounting, Finance, Business and Governance Department of De La Salle University Graduate School of Business, Program Coordinator of the Doctor of Business Administration program, and Course Director of the Corporate Governance and Risk Management program. He teaches strategic management, corporate governance, public governance, finance, and accounting courses.

2

In sports, he is Chairman of the Philippine Olympic Academy, President of the Larong Hockey sa Pilipinas, Inc. (Philippine Hockey Association) and a Director of the Philippine Athletics Track and Field Association (PATAFA). He served as Deputy Chief of Mission to the 2010 Guangzhou Asian Games, NOC Attaché to the 2011 Southeast Asian Games, Chef de Mission to the 3rd Asian Beach Games in 2012, Member of the Management Committee to the 2015 Southeast Asian Games, Delegation Official to the 2016 Rio Olympics, and Head of Security of the RP contingent to the 2017 South East Asian Games.

Dr. Espiritu earned his Doctor of Philosophy major in Public

Administration degree from the University of Santo Tomas (graduating Meritissimus/Excellent); Master in National Security Administration from the National Defense College of the Philippines (Gold Medal-Leadership; Special Award-Academic Excellence; Special Award-Best Thesis); Master of Business Administration from De La Salle University; and Bachelor of Science in Commerce, Major in Accounting, also from De La Salle University.

He completed the Basic Management Program at the Asian Institute of

Management (1975) and the Naval Command and General Staff Course at the Naval Command and Staff College (2001) where he finished at the top of the Non-Resident Instruction (NRI) group.

His book, “A Practical Guide to Completed Staff Work (CSW)” (co-authored with Dr. Leonora Vasquez-De Jesus), is being used by several large organizations both in the public and private sectors. Dr. Espiritu was named Most Outstanding Faculty Member of the De La Salle Professional Schools Graduate School of Business in 2001, and in 2006 was given a Most Outstanding Alumnus award. In 2005, he received the St. Antoninus of Florence Award (Outstanding Alumnus in the field of Public Administration) from the UST Graduate School and the UST Graduate School Alumni Association, Inc. He was given an Outstanding Alumnus Award by the National Defense College of the Philippines and the National Defense College of the Philippines Alumni Association, Inc. in 2007, 2014 and 2017.

In 2010, he received the Ulirang Ama Award in the field of education

from the National Mother’s Day & Father’s Day Foundation, Inc., and in 2013, the Reserve Officers’ Training Corps (ROTC) Outstanding Graduate Award from the Armed Forces of the Philippines.

********

1

Profile of MA. LEAH A. JOSE-SEBASTIAN

Attorney

Atty. Ma. Leah Jose-Sebastian is a lawyer qualified to practice in the Philippines. She graduated from the University of the Philippines College of Law in June 1993 and was admitted to the Philippine Bar in March 1994. She has been in active practice for the past 24 years, including 12 years of litigation practice, and 18 years in corporate in-house counsel roles in Far East Bank and Trust Company – Judicial Accounts Management Group (1996-1997) where she handled loan-related litigation, United Laboratories, Inc. (2000-2006) where she was Legal Director, Unilever Philippines, Inc. (2006-2015) where she was General Counsel, and in a regional/global role in the Unilever Group (2015-2017) as General Counsel for Supply Chain in Southeast Asia, Australia, New Zealand and Global Procurement (for Commodities and Food Ingredients). She was also University Counsel (Supervising Attorney) in the University of the Philippines Office of Legal Services for a brief period in 1999, during which time she was engaged in private practice as partner in the law firm San Juan & Jose-Sebastian (1999-2000). In the earlier years of her practice, she was Junior Associate in Bautista Picazo Buyco Tan & Fider (1993-1996, 1997-1998) and Senior Associate in Cayetano Sebastian Dado & Cruz (1998-1999). Atty. Sebastian’s legal practice covers the following competency areas:

• Commercial and Corporate Law (Contracts, Corporate Mergers, Acquisitions and Joint Ventures, Operational Integration of Acquired Businesses, Corporate Dissolutions, Asset Acquisitions and Disposals, Due Diligence, Real Estate Matters, Anti-Trust/Competition Law Matters, Retail Trade Matters, Foreign Investment Matters, Data Privacy Matters, Corporate Secretary Work)

• Anti-trust/Competition Law matters and training

• Legal and regulatory compliance and legal risk management (FMCG [Cosmetics, Household Care, Laundry, Foods, Ice Cream], Water Purifiers, Pharmaceuticals)

• Legal compliance audit (FMCG operations: manufacturing, marketing, distribution)

• Multi-category Brand Building and Brand Development legal advice and support (Cosmetic, Household Care, Laundry, Food, Ice Cream, Water Purifier and Pharmaceutical products)

• Trademark Licensing and Intellectual Property Rights (IPR) Matters (Technology Transfer Arrangements, Co-Marketing/Co-Branding arrangements, IPR infringement matters, Brand Protection)

2

• Commercial advertisements review and representation in advertising challenges/disputes in the Ad Standards Council (ASC) (Evaluation of technical and consumer data substantiation, co-generation and defense of product benefit claims for advertising campaigns)

• Issues Management in Supply Chain (Sustainable Sourcing, Production, Logistics, Trade Sanctions, E-commerce), Procurement, Product Liability and Product Recall

• Crisis Management

• Corporate Affairs and Advocacy (Government-industry technical working group participation and advocacy for proposed legislation and regulatory reforms)

• Litigation and Disputes Management (Criminal, Civil, Labor, Administrative, Advertising Standards Council)

• Anti-Bribery and Administrative Investigations

• Legal Training and Legal Publications for business teams (i.e., Manuals, Protocols, Frameworks and Guidance Notes on various legal topics)

• Credit Management and Debt Collection

• Labor Law

As General Counsel for Supply Chain (SEAA) and Global Procurement

(Commodities and Food Ingredients) of the Unilever Group, Atty. Sebastian was responsible for all regional (SEAA) Supply Chain legal matters (e.g., contracts, legal matters and legal and regulatory compliance relating to production operations, third party manufacturing, Quality, Safety, Sustainable Sourcing, Logistics, Industrial Relations, Customs issues and disputes and Competition Law). She was also Legal Business Partner to: (1) SEAA Supply Chain Leadership Team composed of the SEAA Supply Chain EVP, country/local Supply Chain VPs in SEAA and key Supply Chain personnel in SEAA; (2) Global Procurement teams (Commodities and Food Ingredients portfolio) responsible for legal review and negotiation of contracts with suppliers and legal advice on supplier issues (e.g., disengagement, insolvency, non-compliance with company sourcing and sustainability policies, claims against suppliers) and Sustainability; and (3) local General Counsels in SEAA in respect of local Supply Chain and Procurement matters with regional and/or global impact. She also represented the Supply Chain Function in the Unilever Group’s Global Competition Network and provided global trainings in Competition Law, Supply Chain Resilience and Environmental Compliance.

As General Counsel of Unilever Philippines, Inc. (and Legal Counsel of Unilever

RFM Ice Cream, Inc. and other Unilever affiliates in the Philippines), Atty. Sebastian was the: (1) Primary Legal contact and a Legal resource in the Philippines of the Unilever

3

Group worldwide, reporting directly to the SEAA Regional General Counsel; (2) Primary legal advisor to the Unilever Philippines Leadership Team (Board of Directors) on all legal matters relating to Unilever’s business in the Philippines, including legal and regulatory compliance; and (3) Legal advisor to Unilever Global and Regional Legal counsels on Philippine laws for global and regional projects, policies, roll-outs and initiatives for local country implementation and on local issues. She also handled the required local documentation for global and regional projects, including M&As and disposals, roll-outs and initiatives in the Philippines, participated in Unilever regional and global working groups on matters relating to Competition Law and Anti-Bribery, and was Legal Business Partner across functions (Supply Chain, Finance, Customer Development [Distribution and Sales], Brand Building [Marketing], Human Resources, Information Technology) for legal opinion, documentation, legal compliance and enforcement, and handled the legal aspect of all business operations and transactions of Unilever in the Philippines, including supervision over litigation matters and disputes handled by external counsel.

During her term as General Counsel of Unilever Philippines (UL), Atty. Sebastian

was a volunteer hearing panelist at the Ad Standards Council or ASC (in her capacity as UL representative to the Philippine Association of National Advertisers or PANA), where she participated in competitor challenge hearings (i.e., disputes between competitors over advertising claims and materials) as Panel Member or Presiding Officer for Panel Hearings, and was a resource speaker of the ASC on the competitor challenge process. She also trained Unilever business teams in the areas of Competition Law, Intellectual Property Rights, Advertising Regulations, Data Privacy and Unilever’s Code of Business Principles (including Anti-Bribery).

As Legal Director for United Laboratories, Inc. (Unilab) concurrently supporting

20 Unilab affiliates, Atty. Sebastian: (1) advised on and handled matters relating to UNILAB’s manufacturing, marketing, sales and distribution operations; (2) provided legal counseling and documentation on business operations (Labor Matters, Contracts, Advertising Campaigns, Government and Industry Regulations, Credit Management) to ensure legal and regulatory compliance for UNILAB operations; (3) advised the Crisis Management team as member of the Steering Committee and directly managed the resolution and closure of issues before the team; (4) directly handled all litigation matters (civil, criminal, administrative, labor) resulting in efficient gathering and presentation of evidence and preparation of pleadings for legal proceedings and huge legal cost savings, as well as internal administrative proceedings involving violation of company rules, regulations and policies; (5) advocated reforms to proposed legislation and regulations relating to health, drug availability and accessibility, and control of dangerous drugs/precursors/essential chemicals in public hearings in Congress and the Philippine Drug Enforcement Agency (PDEA); (6) participated actively in BFAD-Industry working groups for regulatory reforms by drafting proposed rules and regulations; and (7) was a representative of Unilab in the ASEAN Harmonization conferences for the pharmaceutical industry and Trustee of Unilab in the Philippine Chamber of the Pharmaceutical Industry - Board of Trustees. She also launched a lecture series on various legal topics such as Product Liability, Labor law, Sales transactions, Family Code, Land Transportation and Traffic Code, Anti-Sexual Harassment Act, and Pharmaceutical Advertising Regulations, and produced Legal resource materials and publications (The Legal KiT (Knowledge in Time), Code of Conduct, Product Complaints and Consumer Issues Manual).

4

Below is a list of legal education and training materials written and rolled out by Atty. Sebastian for corporate business teams:

TITLE DESCRIPTION

1 Trade Terms Review for Competition Law Compliance* (2015)

An assessment, based on the Philippine Competition Act (RA 10667), of the legal permissibility of all customer/retailer marketing support and discount/loyalty/rebate schemes used and applied to Unilever product purchases

2 Guidance on Foreign Land Ownership Laws and Issues (2012)

A compilation and study of all relevant land laws and jurisprudence applicable to land ownership arrangements and land use by foreign corporations in the Philippines and their implications to business expansion and continuity

3 Guidance Note on Anti-Bribery Contract Clauses (2011)

A contract drafting guidance on model contract clauses on Anti-Bribery and Corruption applicable in multiple jurisdictions

4 The Local Legal Process on Contracting (2010)

A detailed protocol for contract drafting, review, execution, renewals, termination and storage, and layman’s guide on the essential requirements for entering into contracts

5 Competition Law Manual of the Philippines (co-authored, 2013)

A detailed manual on local Competition Law vis-a-vis European Union Competition Law guidance on anti-competitive agreements, abuse of dominance, resale pricing maintenance and exchange of commercially sensitive information, among others

6 Understanding the Law on Contracting and Sub-contracting in the Philippines* (2013)

A practical guide, including Dos and Don’ts, on Independent Contracting and consequences of Labor Only Contracting

7 Building Brands with Third Party Intellectual Property Rights* (2015)

A practical and illustrative guide on the proper use of third party intellectual property rights in marketing, advertising and content development

8 Building Brands in E-commerce (2015)

A practical and illustrative guide on the promotion, advertising and sale of Unilever products in E-commerce in the context of Intellectual Property law and Competition Law

9 Understanding the Law on Advertising and Intellectual Property Rights* (2008)

A basic and illustrative guide on advertising laws and regulations, including industry code of ethics in advertising, as well as the law on trademarks, patents and copyright, unfair competition, parallel imports and counterfeits, as applied to Unilever marketing and advertising

5

campaigns

10 Understanding the Law on Data Privacy* (2012)

A summary document on the scope and requirements of the Data Privacy Act (RA 10173)

11 Guidance Note on the Use of SMS/Push Messaging/Value Added Services in Marketing (2012)

A briefer on limitations on the use of SMS and VAS in advertising and promotion by foreign-owned companies

12 Guidance Note on Formation and Enforcement of Contracts (2015)

A comparative guide on the essential requirements for perfecting and enforcing contracts under the laws of UK, US (NY), Singapore and Netherlands

13 Payment Terms Guidance Pack (2016)

A compilation of permissible and prohibited payment terms, including criteria for grossly unfair payment terms, under the local laws of the top 30 Unilever countries (based on turnover) worldwide

14 Governance Framework for Employee Relations in SEAA (2016)

A detailed reference framework document on managing Union-Management and Employer-Employee relations in Unilever companies in Southeast Asia, Australia and New Zealand (SEAA)

15 Manual for Responding to Customs Issues in SEAA* (2017)

A simplified, detailed guide in handling, managing and responding to customs issues in SEAA (e.g., erroneous HS Code classifications, customs valuation issues, origin issues)

16 Criminal Liability Enforcement Against Corporate Officers for Food Safety Violations and Corporate Activities Resulting in Public Harm (2017)

A comparative guide to various local laws in SEAA on liability of corporate officers for the sale and distribution of unsafe food and the conduct of unsafe activities

17 Compliant Sustainability* (co-authored, 2017)

A practical and illustrative guide on compliance with EU Competition Law in the context of multi-organization cooperation on Sustainability/Sustainable Sourcing initiatives

18 Draft Legal Compliance Framework for E-Commerce Transactions in SEAA (2017)

A detailed guidance document (in draft stage) that sets out the legal considerations and legal risks relating to the various aspects of E-commerce and recommendations for avoiding and/or minimizing these risks

19 The Legal KiT (Knowledge in Time) (2005)

A simplified guide to Labor Law on hiring and termination of employees to ensure legal compliance and avoid illegal dismissals

20 Product Recall and Consumer Issues Manual (2006)

A detailed Manual on the handling of consumer complaints and product recalls involving pharmaceutical products