OFFICIAL STATEMENT

In relation to the recent announcement made by Honda Cars Philippines, Inc. (HCPI) on the closure of Honda’s four dealerships located in the northern part of Metro Manila, Honda Cars Makati, Inc. (HCMI) expresses its continued and full support to Honda in the Philippines.

Established in 1991 and the first of the six global mobility brands under AC Motors,* an Ayala company, HCMI is in the process of developing new sales and after-sales channels, optimizing  facilities and resources, and adopting new safety protocols, among others. All these are intended to serve their customers better and to keep their customers and employees safe.

HCMI has a nationwide network of 11 dealerships (Makati, Pasig, Alabang, Shaw, Global City, Manila Bay, Cebu, Mandaue, Iloilo, Negros Occidental and Cagayan de Oro) and re-affirms its commitment to provide Honda car owners with the sales and after-sales support that they need, especially during these challenging times.O

Ms. Jenara Rosanna Ong

President

Honda Cars Makati, Inc.

*AC Motors is under the stewardship of AC Industrials, Ayala’s industrial technologies group.

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