Please be informed that at the Annual Stockholders’ Meeting of Far Eastern University, Inc. (FEU) held today, 18 October 2025, the following resolutions were adopted and approved:
1. “RESOLVED, That the reading of the minutes of the Annual Meeting of Stockholders held on 19 October 2024 be, as it is hereby, dispensed with and that said minutes be, as it is hereby, approved as presented, in as much as a copy of the minutes of the previous meeting can be accessed at the Annual Stockholders Meeting website https://www.feu.edu.ph/asm2025/ and an electronic copy has been available on the FEU Website since 25 October 2024.”
2. “RESOLVED, That the Academic Report of Far Eastern University, Inc.'s President Juan Miguel R. Montinola, for the academic year 2024-2025 be, as it is hereby, noted.”
3. “RESOLVED, That the Annual Report be, as it is hereby, noted, and that the audited Consolidated Financial Statements of FEU and its subsidiaries and the audited Separate Financial Statements of FEU for the year ended 31 May 2025 be, as it is hereby, approved.”
4. “RESOLVED, That all the acts and resolutions of the Board of Trustees, Board and Management Committees, and Management and other Officers of Far Eastern University, Inc. taken or adopted since the Annual Meeting of Stockholders last 19 October 2024 until today, 18 October 2025, be, as it is hereby, approved, ratified and confirmed.”
5. “RESOLVED, That there being only nine (9) nominees, all votes be cast equally among the nine nominees, and that all nine nominees be declared elected to serve as such effective immediately until their successors are duly elected and qualified for the ensuing term 2025-2026:
1. Mr. Aurelio R. Montinola III 2. Mr. Juan Miguel R. Montinola 3. Dr. Michael M. Alba 4. Dr. Paulino Y. Tan 5. Ms. Sherisa P. Nuesa 6. Atty. Gianna R. Montinola 7. Mr. Jose T. Sio, Independent Trustee 8. Ms. Consuelo D. Garcia, Independent Trustee 9. Ms. Rosario Palanca Blardony, Independent Trustee"
6. “RESOLVED, That SGV & Co., be, as it is hereby, appointed as the External Auditor of Far Eastern University, Inc. for the fiscal year 2025-2026, and that the fees shall be negotiated by Management.” |