INTRODUCTION

San Miguel Pure Foods Company, Inc. offers a diverse array of food products
spanning across the entire value chain ranging from B-Meg feeds and San Miguel Mills
flour to Pure foods hotdogs, Magnolia chicken or Monterey ready-to-eat meat dishes. Pure
Foods offers an unrivalled breadth of food products that can be consumed during any time
of the day, providing a comprehensive food solution to its customers, thereby building
greater brand loyalty and prestige.
San Miguel Pure Foods integrates two outstanding food institutions, the San Miguel
Food Group and Pure Foods Corporation. Both have a rich history and a solid record of
experience and expertise spanning nearly six decades of market leadership in the food
industry.
The San Miguel Food Group had its beginnings in 1953 when San Miguel Polo Brewery started
producing animal feeds from protein-rich by-products of beer brewing, laying the groundwork
for what would later become San Miguel Foods, Inc.
In the 1960s, business operations in feeds, livestock, and dairy were consolidated under San
Miguel Feeds and Livestock Division. Integrated poultry operations began a decade later
through a breeder farm in Cavite , and the first chicken processing plant was eventually set up
in Muntinlupa.
Philippine Dairy Products Corporationa precursor to Magnolia, Inc.was established in 1981
as a 70-30 joint venture between San Miguel and New Zealand Dairy Board. San Miguel would
eventually attain leadership position in the margarine market following the acquisition of Star
and Dari Crme Brands a decade later.
In 1991, San Miguel Feeds and Livestock Division was spun off to become San Miguel Foods,
Inc., managing both feeds and livestock business.
These past decades indeed saw San Miguel Corporations food business expand to include
poultry and livestock, dairy products, fresh and processed meats, and agriculture.
Meanwhile, Pure Foods was founded in 1956 by a group of leading businessmen who put up a
one-building, one-kitchen food facility in Mandaluyong to produce hams, bacon and sausages.
It went on to produce quality meats that became household names. Several years later, Hormel

Foods International acquired substantial interest in Pure Foods, giving the company exclusive
rights to market Hormel products in the country.
San Miguel Corporations acquisition of Pure Foods in May 2001 brought together these two
food industry leaders, ushering in a new era of growth and market leadership of the integrated
businesses.

Executive Committee
Chairman
Eduardo M. Cojuangco, Jr.
Members
Ramon S. Ang
Francisco S. Alejo III
Angelina S. Gutierrez, Independent Director

Audit Committee
Chairman
Carmelo L. Santiago, Independent Director

Members
Menardo R. Jimenez
Angelina S. Gutierrez, Independent Director
Edgardo P. Cruz, Independent Director
Ferdinand K. Constantino, Non-Director Member

Executive Compensation Committee

Chairman
Menardo R. Jimenez

Members

Ramon S. Ang
Carmelo L. Santiago, Independent Director
Ferdinand K. Constantino, Non-Director Member

Nomination & Hearing Committee

Chairman
Carmelo L. Santiago, Independent Director

Members
Francisco S. Alejo III
Menardo R. Jimenez
Ma. Cristina M. Menorca, Non-Director Member