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Annual Report (2020) - FEU Investor Relations

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The FEU Choir won first place in the choir categories of the National Music Grand Finale 2019. The number of corporate vehicles with an educational mission in the group stood at six, with the inclusion of FEU Alabang in 2013 and FEU High School in 2014 , and the acquisition of Roosevelt College, Inc., in 2016. New buildings were built or under construction at the FEU Alabang campus (including the exquisitely designed Our Lady of Lourdes chapel), the Marikina and Rodriguez campuses of FEU Roosevelt and FEU Manila ( i.e. Lerma Building).

Largely because of FLJ, FEU Manila was ranked 91st in the 2020 Global Top 100 Innovative Universities of the World Universities with Real Impact (WURI) and 19th in the Ethical Value category. For the past nine years, the pass rates of FEU Manila examinees, whether first-timers or including repeaters, tend to be above the national pass rates. Note in the figures the huge differences between the FEU examinees' and the national pass rate.

In the case of the EACCI affiliated schools – FEU Tech, FEU Diliman and FEU Alabang – the timing was more favorable. Finally, in the basic education departments of FEU Diliman and FEU Alabang, classes for the fourth term of. In the case of FEU Roosevelt's Tertiary Education and Postgraduate Studies departments, to complete the second semester, asynchronous online learning sessions were held on Canvas until April 4.

The FEU schools worked feverishly over the summer months to develop their remote delivery modes for SY 2020-2021. It is the first exciting step in the development of what will hopefully ultimately be a predictive-analytics ecosystem that will push students and faculty to become their better selves. A sustainable program the university has embarked on is to scale down its carbon footprint of the cooling system used in all classrooms and offices.

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BOARD OF TRUSTEES

Other Corporate Affiliations: Chairman, Board of Directors, FERN Realty Corporation; Chairman and President, FEU Educational Foundation, Inc.; Chairman Emeritus, Nicanor Reyes Educational Foundation, Inc.; Governor, Nicanor Reyes Memorial Foundation; Trustee, FEU-Dr. Other corporate affiliations: Chairman, Amon Trading Inc., East Asia Computer Center, Inc., Far Eastern College Silang, Inc., Nicanor Reyes Educational Foundation, Inc., FEU High School, Inc., FEU Alabang, Inc., Roosevelt College , Inc., and National Golf Association of the Philippines;. He was president of BPI from 2005-2013 and was a past president of the Bankers Association of the Philippines.

In the FEU Group of Schools, he is concurrently the President of the East Asia Computing Center, Inc.; Silang Far Eastern College, Inc.; FEU Alabang, Inc.; FEU High School, Inc.; Roosevelt College, Inc.; East Asia Educational Foundation, Inc.; and Nicanor Reyes Educational Foundation, Inc.; and Governor, Nicanor Reyes Memorial Foundation. Other corporate affiliations: Member, Board of Directors, FERN Realty Corporation and FEU Alabang, Inc.; Trustee, Nicanor Reyes Educational Foundation, Inc.; Treasurer and Trustee, FEU Educational Foundation, Inc.; Corporate Secretary and Governor, Nicanor Reyes Memorial Foundation; Member, Executive Committee, Far Eastern University, Inc.; Corporate Secretary and Director, Silang Far Eastern College, Inc.; Chairperson, Angel C. Jose received her Bachelor of Science degree, majoring in Economics, from the University of the Philippines (Dean's Medal).

Other corporate affiliations: Currently member of the board/trustees of the following companies: Nicanor Reyes Educational Foundation, Inc., FEU Educational Foundation, Inc., East Asia Educational Foundation, Inc., East Asia Computer Center, Inc. , Lyceum of Batangas, Lyceum of Laguna, SM (Shoemart) Foundation, Inc., Asia Pacific Technology Educational Foundation, Asia Pacific Computer Technology Center, Inc., FERN Realty Corporation, Far Eastern College Silang, Inc., FEU High School, Inc. . ., FEU Alabang, Inc., Roosevelt College, Inc. Other Business Affiliations: President and Director FERN Realty Corporation and Monti-Rey, Inc.; Vice Chairman, Treasurer and Director, AMON Trading Corp., Director, Far Eastern College Silang, Inc., and Nicanor Reyes Educational Foundation, Inc.; and Trustee, FEU Educational Foundation, Inc. Other corporate affiliations: President and Board Director, ALFM Mutual Funds Group and Independent Director, East Asia Computer Center, Inc., FERN Realty Corporation and Far Eastern College Silang, Inc.

She is also an independent director of Manila Water Company, Ayala Land, Inc., AC Energy Phils. and Integrated Micro-Electronics, Inc., all publicly traded companies. A former general manager of the Ayala Corporation conglomerate, she held several senior management positions at Ayala subsidiaries: Ayala Land, Inc., Manila Water Company, and Integrated Micro Electronics Inc. Nuesa is a trustee of the Institute of Corporate Directors (ICD), the Financial Executives Institute of the Philippines (FINEX) Foundation and the Judicial Reform Initiative, where she also serves as chair.

Other Corporate Affiliations: Member, Board of Directors, Cagayan de Oro College and Phinma Corp.; Member, Board of Directors, Foundation for Liberty and Prosperity; Member, Makati Business Club and of the Advisory Board of Philippine Business for Education; Fellow, Institute of Company Directors; Professor Emeritus, Asian Institute of Management; Independent Trustee, Nicanor Reyes Educational Foundation, Inc. Director of China Banking Corporation, Ortigas Land Corporation., Belle Corporation, NLEX Corporation, Carmen Copper Corporation, Atlas Consolidated Mining and Development Corporation and First Asia Realty Development Corporation; Advisor to the Board of Directors of BDO Unibank, Inc.; Premium Leisure Corporation; Audit and Risk Oversight Committee of SM Prime Holdings, Inc.; President and Trustee of the SM Foundation, Inc.; Trustee of the Asia Pacific Technology Educational Foundation, Inc. Sio was named CFO of the Year in 2009 by the Philippine Financial Executives (FINEX).

EXECUTIVE COMMITTEE 2020

FAR EASTERN UNIVERSITY, INCORPORATED AND SUBSIDIARY CONSOLIDATED PROFIT STATEMENTS FOR THE YEARS ENDED MAY AND 2018. Net fair value gains (losses) reclassified to gain or loss on debt securities classified as fair value by others. Net fair value gains (losses) on equity securities classified as financial assets at fair value through others.

CONSOLIDATED STATEMENTS OF EASTERN UNIVERSITY, INCORPORATED AND SUBSIDIARY COMPANIES FOR THE YEARS ENDED MAY AND 2018. In 2020, the Group recognized the right to use an asset and a lease liability of P13.5 million as of June 1, 2019 in connection with adoption of IFRS 16, Leases. An additional right of use and lease liability was recognized during the year in the amount of P34.7 million due to the lease agreement entered into by the group as lessee.

As of May 31, 2020, the outstanding balance of right-of-use assets and lease liabilities is P42.1 million and P46.6 million, respectively. During the year ended May 31, 2020, the university acquired 51% of the outstanding shares of Edustria, Inc. In 2019 and 2018, certain assets amounting to P8.5 million and P4.1 million, respectively, were reclassified from Investment property to Property and equipment, while certain assets amounting to P28.1 million were reclassified from Property held for sale to Investment property in 2018.

Far Eastern University

Stock Transfer Services, Inc

Office of the Corporate Secretary 2nd Floor Administration Building

Investor Relations Far Eastern University

Excellence

Uprightness

Pigura

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for the National Engineering Center, the PHILIPPINE ENGINEERING JOURNAL is being distributed at reasonable rates to various government agencies, private industrial concerns, engineering