111111111111111111111111111111I11111111111111111111I1111I1111I111111111I11111111I1111109252019004005

SECURITIES AND EXCHANGE COMMISSIONSECBuiiding, EDSA, Green hills, MandaiuyongCity, MetroManiia, Ph iiippines

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

Barcode PageThe following document has been received:

Receiving Officer/Encoder : Lourence N. Tampus

Receiving Branch : SEC Head Office

Receipt Date and Time: September 25, 2019 03:31:00 PMReceived From : Head Office

Company Representative

Doc Source

Company Information

SEC Registration No.

Company NameIndustry ClassificationCompany Type

Document Information

A200101631I-REMIT INC.

Stock Corporation

Document ID

Document Type

Document CodePeriod Covered

No. of Days Late

Department

Remarks

109252019004005

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

September 20, 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. September 20, 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

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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 Certificate of Completion issued by the Risks, Opportunities, Assessment

and Management (ROAM), Inc. to Atty. Maria Carmela C. Lajom (Vice President) of I-Remit, Inc. in

relation to the Corporate Governance Seminar held on September 20, 2019 in Makati City.

SIGNATURE

Pursuant to the requirements of the Securities Regulation Code, the issuer has duly causedthis report to be signed on its behalf by the undersigned thereunto duly authorized.

Issuer: I-REMIT, INC.

By:

~AA-~

FROILAN MI UEL G. ALCANTARACompliance Officer

September 20, 2019

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o Risks, Opportunities, Assessment andManagement (ROAM), Inc.

awards this

CERTIFICATE OF COMPLETION

to

Atty. 'Maria Carmela C. Lajomfor having completed the seminar on

CORPORATE GOVERNANCEheld on 20 September 2019 at

RCBCPlaza, Ayala Avenue, Makati City

Be~,Ph.D.President

, "

trCorporate Governance Seminar Program

20 September 2019, 8:00 am - 12:00 nn

Room 506, 5/F Tower 2, RCBCPlaza, Ayala Avenue, Makati City

I. Review of 2016 SECCode of Corporate Governance for PLCs

II. Sustainability Reporting Guidelines for Publicly-Listed Companies

III. Revised Corporation Code of the Philippines

IV. Ease of Doing Business Act

V. 2019 Global and Regional Trends in Corporate Governance

VI. 10 Major Corporate Scandals 0(2018

VII. Economic Statistics and Other Updates

VIII. Data Privacy Act Compliance

Seminar conducted by RISKS,OPPORTUNITIES,ASS'ESSMENTand MANAGEMENT (ROAM), Inc.

Lecturers: Benjamin I. Espiritu, Ph.D.Atty. Leah Jose - Sebastian

· ,

Profile ofBENJAMIN 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 ofChange Management International, Inc., Chairman and CEO of Ormin RealtyCorporation, Chairman of Banco de Mindoro, Inc., Chairman and President of ECVentures Corporation and heads several other private corporations and two familyfoundations. He is also President of the Mindoro Chamber of Commerce andIndustry, lnc., Director of two publicly-listed corporations - Central Azucarera deTarlac, Inc. and Dizon Copper Silver Mines, Inc., and of an insurance company-Intrastrata Assurance Corporation. He is likewise Chairman of the Board ofAdvisers of the Philippine Marine Corps and President of the National DefenseCollege of the Philippines Alumni Association, Inc.

He is a corporate governance practitioner who has trained roughly over5,000 directors of banks, publicly listed companies, insurance companies anddistribution utilities since 2002. He has also written numerous articles on corporategovernance, and authored research papers on the subject that have beenpresented at international academic fora.

In government, Dr. Espiritu served as Provincial Governor of OrientalMindoro. He was the youngest appointed governor and youngest elected governorduring the Cory Aquino Administration. Under his leadership, Oriental Mindorobecame a 18tClass Province.

In the military, he is a Brigadier General and former Commander of the 7thMarine Brigade (Reserve) which has the entire Luzon as its area of responsibility.Under his command, the 7th Marine Brig'ade was adjudged as the AFP ReadyReserve Unit of the Year for three consecutive years - 2013, 2014 and 2015(BrigadelWing Level) and Philippine Navy Reserve Unit of the Year also for sixstraight years - 2012, 2013, 2014, 2015, 2016 and 2017. Prior to this, he servedas G-2 concurrent G-6 of the former 4thMarine Brigade.

In the academe, he was the former Chairman of the Board of Regents ofPamantasan ng Lungsod ng Maynila (University of the City of Manila) concurrentChairman of the Board of Trustees of Ospital ng Maynila (Hospital of Manila)Medical Center (July 2016 - July 2019) and Dean of Far Eastern University -Makati (October 2009-August 2012). He was also Chairman of the Accounting,Finance, Business and Governance Department of De La Salle UniversityGraduate School of Business, Program Coordinator of the Doctor of BusinessAdministration program, and Course Director of the Corporate Governance andRisk Management program. He teaches strategic management, corporategovernance, public governance, finance, and accounting courses.

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In sports, he is Chairman of Larong Volleyball sa Pilipinas, Inc., Presidentof the Larong Hockey sa Pilipinas, Inc. (Philippine Hockey Association) and aDirector of the Philippine Athletics Track and Field Association (PATAFA). He wasalso formerly President of the Philippine Olympic Academy. He served as DeputyChief of Mission to the 2010 Guangzhou Asian Games, NOC Attache to the 2011Southeast 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 RPcontingent to the 2017 South East Asian Games.

He is a regular columnist of the Daily Tribune and used to write forBusinessWorld, Manila Standard, City Life and military publications such asCitemar 6 and the Navy Journal.

Dr. Espiritu earned his Doctor of Philosophy major in Public Administrationdegree from the University of Santo Tomas (graduating Meritissimus/Excellent);Master in National Security Administration from the National Defense College ofthe Philippines (Gold Medal-Leadership; Special Award-Academic Excellence;Special Award-Best Thesis); Master of Business Administration from De La SalleUniversity; and Bachelor of Science in Commerce, Major in Accounting, also fromDe La Salle University.

He completed the Basic Management Program at the Asian Institute ofManagement (1975) and the Naval Command and General Staff Course at theNaval 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-authoredwith Dr. Leonora Vasquez-De Jesus), is being used by several large organizationsboth in the public and private sectors.

Dr. Espiritu was named Most Outstanding Faculty Member of the De LaSalle Professional Schools Graduate School of Business in 2001, and in 2006 wasgiven a Most Outstanding Alumnus award. In 2005, he received the S1. Antoninusof Florence Award (Outstanding Alumnus in the field of Public Administration) fromthe UST Graduate School and the UST Graduate School Alumni Association, Inc.He was given an Outstanding Alumnus Award by the National Defense College ofthe Philippines and the National Defense College of the Philippines AlumniAssociation, Inc. in 2007,2014 and 2017.

In 2010, he received the Ulirang Ama Award in the field of education fromthe National Mother's Day & Father's Day Foundation, Inc., and in 2013, theReserve Officers' Training Corps (ROTC) Outstanding Graduate Award from theArmed Forces of the Philippines.

********

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Profile ofMA. LEAH A. JOSE-SEBASTIAN

Attorney

Atty. Ma. Leah Jose-Sebastian is a lawyer qualified to practice in thePhilippines. She graduated from the University of the Philippines College of Law inJune 1993 and was admitted to the Philippine Bar in March 1994. She has been inactive practice for the past 24 years, including 12 years of litigation practice, and 18years in corporate in-house counsel roles in Far East Bank and Trust Company -Judicial Accounts Management Group (1996-1997) where she handled loan-relatedlitigation, United Laboratories, Inc. (2000-2006) where she was Legal Director,Unilever Philippines, Inc. (2006-2015) where she was General Counsel, and in aregional/global role in the Unilever Group (2015-2017) as General Counsel for SupplyChain in Southeast Asia, Australia, New Zealand and Global Procurement (forCommodities and Food Ingredients). She was also University Counsel (SupervisingAttorney) in the University of the Philippines Office of Legal Services for a briefperiod in 1999, during which time she was engaged in private practice as partner in thelaw 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 competencyareas:

• Commercial and Corporate Law(Contracts, Corporate Mergers, Acquisitions and Joint Ventures,Operational Integration of Acquired' Businesses, CorporateDissolutions, Asset Acquisitions and Disposals, Due Diligence, RealEstate Matters, Anti-Trust/Competition Law Matters, Retail TradeMatters, Foreign Investment Matters, Data Privacy Matters, CorporateSecretary 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 legaladvice and support(Cosmetic, Household Care, Laundry, Food, Ice Cream, WaterPurifier and Pharmaceuticalproducts)

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

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

• 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 andadvocacy 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 variouslegal 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 wasresponsible for all regional (SEAA) Supply Chain legal matters (e.g., contracts, legalmatters and legal and regulatory compliance relating to production operations, third partymanufacturing, Quality, Safety, Sustainable ,Sourcing, Logistics, Industrial Relations,Customs issues and disputes and Competition Law). She was also Legal BusinessPartner to: (1) SEAA Supply Chain Leadership Team composed of the SEAA SupplyChain EVP, country/local Supply Chain VPs in SEAA and key Supply Chain personnel inSEAA; (2) Global Procurement teams (Commodities and Food Ingredients portfolio)responsible for legal review and negotiation of contracts with suppliers and legal adviceon supplier issues (e.g., disengagement, insolvency, non-compliance with companysourcing and sustainability policies, claims against suppliers) and Sustainability; and (3)local General Counsels in SEAA in respect of local Supply Chain and Procurementmatters with regional and/or global impact. She also represented the Supply ChainFunction in the Unilever Group's Global Competition Network and provided globaltrainings in Competition Law, Supply Chain Resilience and Environmental Compliance.

As General Counsel of Unilever Philippines, Inc. (and Legal Counsel of UnileverRFM Ice Cream, Inc. and other Unilever affiliates in the Philippines), Atty. Sebastian wasthe: (1) Primary Legal contact and a Legal resource in the Philippines of the Unilever

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Group worldwide, reporting directly to the SEM Regional General Counsel; (2) Primarylegal advisor to the Unilever Philippines Leadership Team (Board of Directors) on alllegal matters relating to Unilever's business in the Philippines, including legal andregulatory compliance; and (3) Legal advisor to Unilever Global and Regional Legalcounsels on Philippine laws for global and regional projects, policies, roll-outs andinitiatives for local country implementation and on local issues. She also handled therequired local documentation for global and regional projects, including M&As anddisposals, roll-outs and initiatives in the Philippines, participated in Unilever regional andglobal working groups on matters relating to Competition Law and Anti-Bribery, and wasLegal Business Partner across functions (Supply Chain, Finance, CustomerDevelopment [Distribution and Sales], Brand Building [Marketing], Human Resources,Information Technology) for legal opinion, documentation, legal compliance andenforcement, and handled the legal aspect of all business operations and transactions ofUnilever in the Philippines, including supervision over litigation matters and disputeshandled by external counsel.

During her term as General Counsel of Unilever Philippines (UL), Atty. Sebastianwas a volunteer hearing panelist at the Ad Standards Council or ASC (in her capacityas UL representative to the Philippine Association of National Advertisers or PANA),where she participated in competitor challenge hearings (Le., disputes betweencompetitors over advertising claims and materials) as Panel Member or Presiding Officerfor Panel Hearings, and was a resource speaker of the ASC on the competitor challengeprocess. She also trained Unilever business teams in the areas of Competition Law,Intellectual Property Rights, Advertising Regulations, Data Privacy and Unilever's Codeof Business Principles (including Anti-Bribery).

As Legal Director for United Laboratories, Inc. (Unilab) concurrently supporting20 Unilab affiliates, Atty. Sebastian: (1) advised on and handled matters relating toUNILAB's manufacturing, marketing, sales and distribution operations; (2) provided legalcounseling and documentation on business operations (Labor Matters, Contracts,Advertising Campaigns, Government and industry Regulations, Credit Management) toensure legal and regulatory compliance for UNILAB operations; (3) advised the CrisisManagement team as member of the Steering Committee and directly managed theresolution and closure of issues before the team; (4) directly handled all litigation matters(civil, criminal, administrative, labor) resulting in efficient gathering and presentation ofevidence and preparation of pleadings for legal proceedings and huge legal costsavings, as well as internal administrative proceedings involving violation of companyrules, regulations and policies; (5) advocated reforms to proposed legislation andregulations relating to health, drug availability and accessibility, and control of dangerousdrugs/precursors/essential chemicals in public hearings in Congress and the PhilippineDrug Enforcement Agency (PDEA); (6) participated actively in BFAD-Industry workinggroups for regulatory reforms by drafting proposed rules and regulations; and (7) was arepresentative of Unilab in the ASEAN Harmonization conferences for thepharmaceutical industry and Trustee of Unilab in the Philippine Chamber of thePharmaceutical Industry - Board of Trustees. She also launched a lecture series onvarious legal topics such as Product Liability, Labor law, Sales transactions, FamilyCode, Land Transportation and Traffic Code, Anti-Sexual Harassment Act, andPharmaceutical Advertising Regulations, and produced Legal resource materials andpublications (The Legal KiT (Knowledge in Time), Code of Conduct, Product Complaintsand Consumer Issues Manual).

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

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G':T~50?·~·'71~T7F-;>:·;:·~~~~,~l10G,ii~='")T2T~2i"!':.',~!'·,j'~i34~q~n}R.~fgn~E~~~i-;-ii\Z':;=Xi:c=:jc:~.c "~,-1i 10 Understanding the Law on Data! A summary document on the scope and I

i Privacy* (2012) I requirements of the Data Privacy Act (RA I: 110173 I

r 11 ..' .::Gui~anc~ ·~?te".ont~euse"pt'f A.briefer···~~.~mit~ti?~Son the use O!9MSjt,~~~~~':1~:~~;:;<:,M~~~:~~!J;l,g'Ya!I,l~:" i.Added··J,~,~,9;~,,~e.?<,'D.;<a,dve,~I~;I.n~..and.,promob~n,.b~...•1

r:~~JJYI9~6~1~~~!~~~i~£~~~}~rmationand ··,..•'~r~~~~'~~~iiee~0'i~~~~·~'i..iith~~··~~~~~f~4I Enforcement of Contracts (2015) I requirements for perfecting and enforcing!i i contracts under the laws of UK, US (NY), I~_.__.. . '. . LSin~ore and Netherlands '. ~~''''-------1

, ,13 . P.ay,mentTerms, ,G~I,da'nce..Ra.pkJ•A CQmpi,latibnofpermis$ibleand prqhibited

!;~~i~;1··..",. :.t· .: . ~~l~i..~i~~~~V~~~?t~~~~f~a~~i;l;I••' " ,.. , .c r,1-8§~I}~Yis'Qf:the'tq~:3(jU~ilever countnes I~'- . 'to l (based on tLJmoyer)worldwide. '. !

! 14 Governance Framework for I'A detailed reference framework document II Employee Relations in SEAA (2016) on managing Union-Management and iI Employer-Employee relations in Unilever Il I companies in Southeast Asia, Australi:J

r15~~~a~Ualf,()i~e~rpon.•..~.:-.~n~J:,t.·o.,~ ..U.'st~!1'.·.'S..··~.Al~~.•·.~fifi~~.,~}·.~a"~a~e1~~ein ~n.dlln~g• \i l,ssueS,Jn~EAA* (~017)"'i", ,,<~\.. i,man~glng,C3ndr~spondmg: to customsI: '.< ' . " ", .» <~~~"",,j i~su~s i,nS,~AA (e.g,.'erron~()~s HSCod,e 1f, '.: ..,:,",," ..... ' .•,' h}~' . ;;··";,,{CI,~S!)ifiP?Jipr~,cust~Tsvaluation, iss_uesJ'L~~L1'2~;..~""'~~_L~~~:~s:L,,,,>}:';;;(t;;:\;',:,'>'i'~"'g!igln;i$S.!:le$}, »s:s:..~,:\_'_."."i",· .116 Criminal Liability Enforcement A comparative guide to various local laws!i Against Corporate Officers for Food in SEM on liability of corporate officers forI Safety Violations and Corporate I the sale and distribution of unsafe food andI Activities Resulting in Public Harm I the conduct of unsafe activities 1

~(2017}~.~.-'~.~-- .. --'-"-'-- ~-. ~-.' '. '-.--., ·.----.,---~~ .. -~l1,;1!<\"";"'?9"'r>li~nfSustai . '.~·..~e,~.,:A '7 r~qtica,lf~'1~' ,JI..lustr?1~,ix~.,gU,id~''~P' Ir·'aut. .i(:.~.o·,;7 ,! , '"." ". . .9';.. 'trri:),~y!;ge'PP~~"/t'9.~'~~~~;!;,IQ,,!

.. '!t'~:X.';:,!{,.,':; t. ,COn ~)(f,~,,';'iof;,';!,lmulfl.:.-organltatlonl• . I ••.•• , c...... . . 'fl&n7ton"$u~i~inabWty/Sustainablel

,~~--,,--,--:_~~~_c?" 1Sour¢lrigiriItiatlves'" - ,.. ' ' ,/" I

I 18 Draft Legal Compliance I A detailed guidance document (in draftI Framework for E-Commerce I stage) that sets out the legalI Transactions in SEAA (2017) I considerations and legal risks relating to Ii the various aspects of E-commerce and II .... . .... .'. I ~~~~i~~~~~~~~sris:~r avoiding and/or Ipig :1'he Legal· KiT (Knowle~ge: ~n'Timel !'A:Simplifi~q'~uide to .Labor Law on~~irin9it,. (2~05), "~~'. '.'..: ,:.' ,iClnd._:;~.t~rmll:t~,.t.I?I1.,.O.fe,mpIOye.'~s.to e~sure1 , . .. . if,. /..' tl~g.?I. cq(J'!phance'';and . avoid . ,Illegalfi" . '. .'\":\ >" .·",':,,·:r~i.;i',,~~§rill~~~fs,,:fi";, .~..:,'y·.':~;3:,... ....:~>.,7"{ ··.'\.~.'L~I 20 Product Recall and Consumer. A detailed Manual on the handling of ii Issues Manual (2006) I consumer complaints and product recalls I1 I involving pharmaceutical products -.l

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