SAN MIGUEL CORPORATION

COMPANY PROFILE
San Miguel Corporation (SMC) is one of the Philippines’ largest and most diversified con-
glomerates, with revenues that accounted for about 5.9% of the country’s GDP in 2018,
through its highly integrated operations in food and beverages, packaging, fuel and oil,
power, and infrastructure.
We are one of the nation’s largest employers, with a direct workforce of 28,586 employees
as of December 2018. For each job created within the San Miguel system, many additional
jobs are created through suppliers, distributors, retailers and other business partners. At
present, we have more than 100 major facilities in the Philippines, Southeast Asia, China,
Australia, and New Zealand.
Established in 1890 as a single brewery in the Philippines under La Fabrica de Cerveza de
San Miguel, Southeast Asia's first brewery produced and bottled what would eventually
become one of the best-selling beers in the region, and among the top beer brands in the
world.
We own San Miguel Food and Beverage, Inc., the Philippines’ leading food and beverage
company, with popular brands in the food, beer and spirits categories that are top-of-mind
of consumers and maintain market-leading positions in their respective categories.

We are a majority owner of Petron Corporation, the market leader in the fuels and oils in-
dustry in the Philippines, and a strong player in the Malaysian downstream oil market.

Our power subsidiary, SMC Global Power Holdings Corp has a full spectrum of three IPPA
contracts and greenfield power plants. The company’s portfolio has a combined capacity
of 4,197 MW as of the end of 2018, accounting for 25% of the Luzon grid, 9% of the Min-
danao grid, and 19% of the national grid.

SMC Infrastructure, our infrastructure arm handles the construction, management, and op-
eration of the country’s largest infrastructure network. Its current portfolio includes: the Tar-
lac-Pangasinan-La Union Expressway (TPLEX), the Southern Tagalog Arterial Road
(STAR), South Luzon Expressway (SLEX), the Skyway System, and the NAIA Expressway
(NAIAX), Boracay Airport, the MRT-7 rail and road project, and the Bulacan Bulk Water
Supply Project.

Through strategic partnerships forged with major international companies, we have access
to managerial expertise, international practices and advanced technology. Our partners
are world leaders in their respective businesses, including Kirin Brewery Co., Ltd., Nihon
Yamamura Glass, US-based Hormel Foods Corporation, and Korea Water Resources
Corporation.
VISION AND MISSION

OUR VISION

We are San Miguel.

Guided by a strong sense of social, environmental and economic responsibility, our
businesses will lead efforts to deliver on national goals, setting the pace of progress
in the Philippines.

OUR MISSION:

To provide goods and vital services well within the reach of every Filipino, making
OUR VALUES
We do what is right
We believe in profit with honor. For us, this simply means doing what we’ll say we’ll do and acting with hon-
esty, fairness and integrity.

We believe in doing our best

We will give every single person we touch the best we can offer. We are passionate about our brands, prod-
ucts and services.

We take accountability for our decisions

We hold ourselves accountable for delivering results, we keep to our commitments and we take responsibility
for our actions.

We think innovation
Our innovation lends us agility and is driven by our understanding of what our customers and stakeholders
need.

We help our people succeed

We believe in treating each other with respect. We cultivate a culture that recognizes the individuality and
contributions of each of our employees, helping them to become productive and responsible members of so-
ciety.

We are a good neighbor

We are a positive force in our communities. We believe in doing what is good for the greatest number of peo-
ple.