COVER SHEET - 2Go

Total compensation paid/accrued for services in all capacities provided by the Directors and ATS
Senior Management during the year ended December 31, 2010 amounted to P65.3 million. This covers
basic salary, the statutory 13th month pay and the performance bonus.
BOARD SELF-ASSESSMENT
In 2009, ATS adopted another corporate governance measure—the Board Self-Assessment Survey.
The goal of the self-assessment survey is to further enhance board performance and thereby
strengthen corporate management. The survey allows the Board and its committees to assess their
effectiveness in governance both as individuals and as a group. The self-assessment also helps the
Board to meet standards and expectations imposed on them by the people they are supposed to
serve—investors, shareholders—as well as regulatory bodies.
In 2010, the same survey was conducted. The results are as follows.
Individual
Assessment
Group
Assessment
Directors who Participated in the Survey (9 of 9) 9 9
% Participation 100% 100%
The results of the Individual Assessment survey revealed, among others, that all board members have
formally attended the corporate governance seminar and each ensure that principles of good
corporate governance are complied at all times. The board members act in the best interest of the
company and its stakeholders in a manner characterized by transparency, accountability and fairness.
They also keep themselves informed of industry developments and business trends. Each member
thinks they have contributed in formulating the overall strategic direction of the company but believes
it can be further improved.
The results of the Board Performance Assessment survey showed overall satisfaction in board
performance. The board has been described to have an open atmosphere, with members always
willing to discuss any issue that comes up. Within its satisfaction are frequency of board meetings,
relevancy of the agenda and discussion points and the well-prepared, clear, concise and accurate
materials that members receive five days before the scheduled meeting.
Most members of the board have shown preference in a yearly evaluation of the Board, CEO and
officers. They also wish to visit company facilities and encourage managers and line leaders (vs
management executives) to present to the Board for additional insight.
Moving forward, the Board's time and attention should be more focused on the sustainability of each
subsidiary and the Group. This includes cost effectiveness and future profitability, strengthening of
balance sheet and lowering debt as well as the competitive advantages of both the company and the
various industry segments it operates. Discussion should also be centered on risk management,
overall strategic direction and corporate social responsibility.
PRESENTATION OF RESULTS AND ANALYSTS MEETING
The Company’s financial results are presented to its investors and other interested parties during the
Annual General Stockholders Meeting, the last of which was held at the Mandarin Oriental Hotel in
Makati City on May 27, 2010.
Also, the ATS Investor Relations Office together with selected finance leaders hold Quarterly Briefings
with analysts from various financial institutions to keep them abreast on the performance of the
company.
Advance announcements for both these meetings are done through a regulatory release as well as
through the web.
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