SLI reports strong growth, unveils expansion plans at 2025 meeting

Sta. Lucia Inc. (SLI) held its 2025 Annual Stockholders Meeting on June 20 via Zoom, with some members of its executive team attending in person at the company’s headquarters in Cainta, Rizal. In adherence to Securities and Exchange Commission (SEC) guidelines, the meeting notice was disseminated through official channels including the company website, the Philippine Stock Exchange EDGE platform, and publications such as *The Philippine STAR*, *Manila Bulletin*, and *BusinessWorld*.

Chairman Vicente R. Santos presided over the meeting, with Corporate Secretary Patricia A. O. Bunye presenting the agenda, beginning with the verification of meeting notice distribution. A certification of quorum confirmed 80.78 percent share representation, including proxies.

Key executives and board members were in attendance. Among them were SLI President and CEO Exequiel D. Robles, Executive Vice President and CFO David Dela Cruz, Treasurer Mariza Santos-Tan, and Assistant Treasurer Aurora Robles. Other officers present included Chief Sustainability Officer and VP for Investor Relations and Corporate Planning Jeremiah Pampolina, Assistant Corporate Secretaries Eric T. Dykimching and Crystal Prado, and VP Controller and Data Protection Officer Hanani B. Palmon. Directors Antonio Robles, Orestes Santos, and Simeon S. Cua were also in attendance, along with independent directors Danilo A. Antonio and retired Court of Appeals Justice Renato C. Francisco.

The shareholders ratified the minutes of the 2024 stockholders meeting and proceeded with the nomination and election of the Board of Directors for the 2025–2026 term. Attendance records from previous meetings were presented for consideration prior to voting.

SLI President Exequiel Robles delivered the financial report, highlighting strong gains across several key indicators. “Sta. Lucia Inc. achieved a 6.96 percent increase in gross revenues, 13.56 percent growth in net income, 9.89 percent increase in total assets, and a 13.33 percent rise in earnings per share,” Robles said. He also provided updates on SLI’s project pipeline, which includes ongoing developments across South Luzon, North Luzon, and Western Visayas. Commercial projects now span over two million square meters, with the highly anticipated Sta. Lucia Mall Davao scheduled to open soon.

The meeting concluded with the ratification of all board and executive acts for the previous period, and the reappointment of SGV & Co. as the company’s external auditor.

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