October 27, 2026 – D&L Industries (PSE: DNL) continues to win accolades for its corporate governance practices at the awarding ceremony held on October 23, 2026 at Makati Shangri-la, Makati City. This is the second year in a row that the company has received three (3) Golden Arrows from the Institute of Corporate Directors (ICD) in recognition for its outstanding performance in corporate governance based on the ASEAN Corporate Governance Scorecard (ACGS). This marks the 7th consecutive year that D&L has been honored in the Golden Arrow Awards, displaying consistency and commitment to the highest standards of transparency, accountability, and ethical leadership.
Trophy awarded to D&L by the Institute of Corporate Directors
The annual Golden Arrow Awards benchmark the performance of Philippine publicly listed companies and insurance entities against a stringent ASEAN Corporate Governance Scorecard (ACGS). The evaluation comprehensively measures performance in key areas such as facilitating shareholders rights, equitable treatment of shareholders, disclosure transparency through timely disclosure of material information, and providing board leadership and responsibility. Achieving a 3-arrow distinction for two years in a row is a testament to the company’s compliance to both local regulations and global governance benchmarks.
ICD is a non-stock, not-for-profit national association of corporate directors and other stakeholders engaged in corporate governance. Its mission is to champion good corporate governance and stewardship for the benefit of society. It aims to be the key catalyst in the Philippine corporate governance ecosystem for inclusive and sustainable development.
“We are proud to once again be recognized by the Institute of Corporate Directors (ICD) with another three Golden Arrow award this year, said D&L President & CEO Alvin Lao. “Earning this back-to-back award reaffirms the collective efforts of everyone in our company to consistently elevate how we operate our business, how we protect the trust of our customers and business partners and how we create long-term value for our shareholders. D&L will always put good governance built on integrity, transparency and accountability at the center of sustainable growth. ”
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D&L Industries is a Filipino company engaged in product customization and specialization for the food, chemicals, plastics and consumer products ODM industries. The company’s principal business activities include manufacturing of customized food ingredients, specialty raw materials for plastics, and oleochemicals for personal and home care use. Established in 1963, D&L has the largest market share in each of the industries it serves, as well as long-standing customer relationships with the Philippines’ leading consumer and manufacturing companies. It was listed on the Philippine Stock Exchange in December 2012. For more information, please visit https://www.dnl.com.ph/investors/.
This press release may contain some “forward-looking statements” which are subject to a number of risks and uncertainties that could affect D&L’s business and results of operations. Although D&L believes that expectations reflected in any forward-looking statements are reasonable, D&L does not guarantee future performance, action or events.
INVESTOR RELATIONS CONTACT
Crissa Marie U. Bondad
Investor Relations Manager – D&L Industries Inc.
+632 8635 0680
crissabondad@dnl.com.ph / ir@dnl.com.ph