On 22 February 2022, the LR Board of Directors of Leisure & Resorts World Corporation appointed Mr. Rafael Jasper S. Vicencio as a Director and committee member of the following committees: Corporate Governance Committee and Retirement Committee. On the same date, Ms. Diana Jane R. Garbi, tendered her resignation as Treasurer, effective immediately. The Board of Directors appointed Mr. Hitler Cortes as replacement Treasurer.