Corporate Governance

Manual on Corporate Governance

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SMC Tollways Corporation is firmly committed to upholding the highest standards of corporate governance. Our Corporate Governance Manual is the cornerstone of our dedication to transparency, accountability, and ethical business practices. It outlines a comprehensive framework of policies, rules, systems, and processes that govern the roles and responsibilities of our board of directors and management. This framework extends to all stakeholders, including customers, employees, suppliers, financiers, government bodies, and the communities we serve.

Manual on Corporate Governance

Code of Business Conduct and Ethics

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Board Committees

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Corporate Governance Committee

Martin S. Villarama, Jr.Chairman
Members: Margarito B. TevesAurora T. Calderon

Audit and Risk Oversight Committee

Margarito B. TevesChairman
Members: Martin S. Villarama, Jr.Lorenzo G. Fomoso IIIAurora T. Calderon

Related Party Transactions Committee

Martin S. Villarama, Jr.Chairman
Members: Margarito B. TevesAurora T. Calderon

Corporate Social Responsibility

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SMC Tollways aligns its Corporate Social Responsibility with that of San Miguel Corporation.

Corporate Social Responsibilities – San Miguel Corporation

Annual Corporate Governance Report (ACGR)

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Enterprise Risk Management

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The Company constantly monitors the market to detect risk exposures and react to the external environment appropriately. The Company has its system of financial prudence and corporate governance in place that provides the foundation for its risk management policies and initiatives.

The top management ensures proper implementation of risk management policies in case of the occurrence of risks. The Company is in constant consultation and coordination with the relevant government agencies and other approving bodies to ensure that all requirements, permits and approvals are anticipated and obtained in a timely manner. Further, the Company maintains a strong compliance culture and has processes in place in order to manage adherence to laws and regulations. In the event that the Company becomes involved in future litigation or other proceedings or be held responsible in any future litigation or proceedings, the Company endeavors to amicably settle the legal proceedings and in the event of any adverse ruling or decision, diligently exhaust all legal remedies available to it.

With its risk management policies and business strategies in place, including the continued adoption of efficiency programs and systems, expansion of toll road portfolio and sustained strong financial position that will maximize shareholder value, the Company can withstand any future major downturns in its operations brought about by domestic and international developments

Privacy Statement

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SMC Tollways Corporation (“SMC Tollways,” “We ,” “usor our”) respect your privacy and will keep secure and confidential all personal and sensitive information that you may provide to SMC Tollways Corporation and/or those that SMC Tollways Corporation may collect from you (“Personal Data”). 

 This privacy statement (“Statement”) provides for the Personal Data we obtain, or which you may provide through this website, smctollways.com.ph (“Website“), and the standards we observe in using, processing, keeping, securing, and disclosing said Personal Data. 

To view the full content of our Privacy Statement, please click the here.