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Annual Report 2025-2026

Page 1


MSCI Past Presidents

Jaime Zobel De Ayala

Adolfo Duarte

Vicente R. Ayllon

Jovencio F. Cinco

Renato L. Paras

Antonio R. Santamaria

Agustin R. Bengzon

Luis P. Vera

Alfred X. Burgos, Jr.

Felino L. Ampil

Alex Y. Pardo

Lucito L. Sioson

Ricardo G. Librea

Victor T. Gomez, Jr.

Ignacio A. Macrohon, Jr.

Claudio B. Altura

Cecile H. Cheng

Rogelio G. Villarosa

Sixto S. Sandejas II

Rico V. Domingo

Salvador R. Fabregas

Ricardo G. Librea

Jovencio F. Cinco

Eliseo V. Villamor

Rogelio G. Villarosa

Alicia L. Cinco

Ismael M. Estella

Oscar J. Ledesma, Jr.

Alejandro Z. Barin

Alicia L. Cinco

Rogelio U. Marasigan

Ismael M. Estella

Claudio B. Altura

Alicia L. Cinco

Renato C. Valencia

Jose S. Sandejas

Robin A. King

Dexter E. Quintana

Manuel Q. Bengson

Edward T. Gabaldon

Ismael L. Melendres, Jr.

Alicia L. Cinco

Marlon Dennis L. Loyola

Eduardo V. Francisco

Jaime C. Laya

Rogelio M. Guadalquiver

Ismael L. Melendres, Jr.

Atty. Simplicio M. Virtudazo, Jr.

As a sports club, the Makati (Sports) Club advocates the promotion of physical well-being and ability, and thus provides means for its members to engage in fitness activities and wholesome relaxation.

It believes in the important role that exercise, sports, and healthy living play in personal development, in the formation and functioning of active minds and bodies, and of physically fit professionals who lead meaningful and productive lives in the service of the community and the country.

It also has a variety of dining and banquet facilities which provide the perfect venue for business and leisure.

Truly, the Makati Sports Club, Inc. is an oasis in the heart of the country’s premier business district and a valuable lifestyle investment you can enjoy.

BOARD OF DIRECTORS

EDUARDOV. FRANCISCO President

JENNIFER C. GUERRERO

Vice-President / Membership Committee Chairwoman

HENRY JOSEPH M. HERRERA

Treasurer / Finance Committee Chairman

SISENANDO U. BENGZON

House Committee Chairman

EMMANUELY. MENDOZA

Planning Committee Chairman

ATTY. GODOFREDO C. DE GUZMAN

Corporate Secretary / HRD Committee Chairman

AURELIO C. ALONZO Construction Committee Chairman

CARLOS SIMON T. CASAS

Socials Committee Chairman

ROY O. EMATA

Sports Committee Chairman

Dear Fellow Members,

I am pleased to present to you this Annual Report on the club’s developments and achievements for the Board Year 2025-2026.

2025 was a defining year for Makati Sports Club as we celebrated our 50 Anniversary commemorating significant achievements and remembering momentous milestones. th

This Board year also marked the beginning of more openness as we fostered member participation, interaction, and collaboration.

Hence, before embarking on any major capital expenditures and to have a more consultative leadership, your Board of Directors held town hall meetings which were well-attended last June, September, and November. Members had the opportunity to air their sentiments, suggestions, and concerns and be heard by all attendees.

During the town hall meetings, Palafox and Associates presented a visionary and transformative longterm plan for the club that the members might reconsider in the future.

Villarosa Architects and Engineers also presented perspectives and concept design of renovations and enhancements of the Sports Pavilion and the Le Patisserie and Gazebo area and perspectives and concept design as well of a two-level parking structure with roofdeck for racquet sports at the open back area of the Club Café.

Additionally, Casas Architects presented perspectives and concept design of a possible multi-level parking with sports facilities and function rooms structure at the open tennis courts area.

However, based on the majority of the members’ reactions, the directors agreed to defer and study further the projects while we are reviewing for better alternative solutions without any disruptions to club activities.

As a result, the club decided to focus on medium and short-term objectives for now. We revised our plans and developed new projects designed to improve member experience while avoiding unnecessary risks and exercising financial prudence.

Under the previous Board, the club successfully completed the renovation of the Log Cabin last year which paved the way for plans to develop various MSCI facilities.

Under the current Board’s direction and guidance, we renovated and upgraded the salon and barbershop with the objective to modernize, optimize service, and enhance member satisfaction

We also installed a lift elevator at the San Antonio Function Room, taking the place of the PWD ramp, and paving the way to retrieve more parking slots in the area.

We are now in the process of renovating our function rooms, entrance area, patisserie, gazebo and the poolside area with the help of our interior designers

Over the past year, the Board of Directors worked assiduously to propose and initiate these undertakings that will benefit the club’s general membership. To date, we are now planning the following projects to be initiated this Board year and to be continued in the next presidency:

1 Sports Pavilion Renovations and Enhancements to Include additional Sports Facilities and Maximize Usage of Existing Spaces

2.Installation of PWD lift elevator at the Club Café Function Room, to replace the PWD ramp and reclaim more parking slots.

3.Setting up covered parking with mechanical car lifts at the Gallardo St. area.

4 Setting up EV charging stations at the back entrance area.

5 Conversion of the Patisserie into a Pool Side Open Bar with Trellis extension

6.Conversion and Enhancement of the Gazebo and Kiddie Pool area using a Trellis design structure

7.Initiate the installation of Solar Panels to save on electricity cost, in partnership with suppliers that may include Meralco and others.

Looking ahead, we want to give our future members an enduring legacy that they can be proud of

As we move forward, we remain committed to promoting teamwork, integrity, and healthy lifestyles. With your continued support, we are confident that the incoming Board will achieve greater results for our general membership.

On behalf of the Board and management team, thank you for your unwavering commitment and passion for our club Together, we will continue to build a stronger and more vibrant sporting community.

HOUSE COMMITTEE

Mr. Sisenando U. Bengzon

Chairman

Vice-Chairwoman:

Members:

Ms. Jennifer C. Guerrero

Mr. Jose Antonio S. Vilar

Atty. Simplicio M. Virtudazo, Jr.

Mr. Roy O. Emata

Atty. Nicole Elena II C. Espina

F&B Sub-Committee:

Mr. Aquiles T. Lo II

Mr. Tobie Ivan A. Pe

The committee is pleased to reports its accomplishments for the board year 2025 — 2026

Approval of the following:

Sports Online Reservations System (in coordination with the Sports Committee)

Participation of the club in the Bridal Fair, Toast Wedding Fair, and Wedding Expo

Increase of Membership Dues

Increase of Food Prices (Ala Carte Menu, Breads, Cakes, and Pastries)

Increase of Prices for the Breakfast Buffet and Lunch Buffet at the Zobel Dining Room

Increase the fee of the Tennis Fund and the change of its name to Racket Sports Fund to also cover badminton, squash, and pickleball (in coordination with the Sports Committee)

Increase of Guest Fees and Towel Rental Fees

Increase of the Overstay/Overnight Parking Fees

Update on the Club Rules and Regulations

Allocation of budget for the procurement of the sound system

Collection of the Christmas Assessment from the members.

Adjustment of the meal allowance of OJT to ₱70.00 and to discontinue the grant of any other form of allowances.

Recommendation for the Club to avail itself of the 15-month termite maintenance program amounting to ₱250,000 00

Creation of the As-Built Plans for LGU compliance

Amendment of the existing House Policy to make it more relevant and applicable with the changing times.

Commencement of the solar project as far as getting quotations from suppliers.

Allocation and release of ₱67,200 to participate as a vendor in the Salcedo Market.

Increase of the monthly rental fee of the Aikido class to ₱10,500 00 for a term of six (6) months

Proposed Private Members’ Meeting subject to further change as to the menu options and exclusivity mechanics

Engagement of Miravite Consulting Group as the Club’s actuarial provider for the year 2025.

Procurement and Installation of the following:

Procurement of the Termite Control Program for the extermination of the termite infestation at the Log Cabin

Swimming Pool Furniture amounting to ₱622,000.00, subject to review and presentation of the layout and set-up of the Swimming Pool Area.

Purchase of a new coffee machine, which will be placed at the Sports Hub

Acquisition of a Nintendo Switch 2console, amounting to ₱30,000.00, more or less, for the Sports Hub.

Procurement of the services of ESP, Inc at ₱1,193,727.44 for the installation of lift for the San Antonio Function Room.

Procurement of the two (2) logo projectors with a budget of ₱50,000 - ₱70,000 for both projectors.

Procurement of six (6) Smart Televisions and six (6) tablets

Procurement of 300 additional Tiffany chairs, amounting to ₱2,100.00/ chair.

Launch of the following Food and Beverage Promotions and Activities:

MSCI Town Hall Meetings on June 18, September 8, and November 27

Monthly Special Promotion, in which different cuisines were highlighted and served each month.

April – German Cuisine

May – Indian Cuisine

June – Mexican Cuisine

July – Thai Cuisine

August – Italian Cuisine

September – Spanish Cuisine

October – Filipino Cuisine

November – International Cuisine

December – Japanese Cuisine

Wedding Expo – July 30 and October 11, 2025

Mother’s Day Event

Father’s Day Celebration

Saturday and Sunday Breakfast Buffet at the Log Cabin

Beerfest Activities and Happy Hour Promo at the Bistro Lounge

Holiday Evenings by the Poolside

Christmas Take-Aways

Paskong Pinoy Christmas Delicacies (Bibingka, Puto Bumbong, and other Filipino delicacies)

American Thanksgiving Lunch

Chinese New Year Celebration

FINANCE COMMITTEE

Mr. Henry Joseph M. Herrera

Chairman

Vice-Chairman:

Members:

Mr. Emmanuel Y. Mendoza

Mr. Aurelio C. Alonzo

Mr. Rogelio M. Guadalquiver

Mr. Ismael L. Melendres, Jr.

Ms. Jennifer C. Guerrero

The Finance Committee oversees the Club’s financial health by reviewing financial performance, safeguarding assets and providing guidance and recommendations to the Board to promote fiscal discipline and long-term sustainability. The Committee is pleased to report its accomplishments for the Board year 2025- 2026.

Conducted its regular monthly review of the Club’s financial statements, including income statement, balance sheet, and cash flow position focusing on revenue sustainability, cost controls and liquidity. Exercised prudent management and stewardship of the Club’s funds, ensuring adequate liquidity in line with projected cash flow requirements.

Executed funding requirements for operational and capital expenditures for 2025 and prepared a roadmap for funding requirements for 2026 considering operating cash flow, reserves and other possible funding sources.

Reviewed the 2025 audited financial statements, as audited by the Club’s independent external auditor, KPMG R.G. Manabat and Co. for endorsement to the Board for approval.

Successfully auctioned two (2) MSC treasury shares, raising ₱5.9 million – reflecting a substantial increase in the Club share price given the failed bidding in February 2025 where the floor price was set at P2.5m each for Class A and Class B shares of MSC.

Worked closely with the House Committee on the review of membership dues and other club fees, including the conduct of a comparative study of sports clubs in Metro Manila to provide benchmarking context. Reviewed the pricing for Club-provided products and services, particularly in light of the senior discount granted in late 2024 Prices had been maintained for nearly a year despite the implementation of the senior citizen discount and the continued increase in raw material costs

Effected the transfer of retirement fund management mandate to BDO Unibank following a review of the existing fund manager’s performance and subsequent competitive bidding

Worked on required documentation and coordination with advisers in securing an updated Bureau of Internal Revenue (BIR) tax-exemption status of the retirement plan to reflect the change in fund manager

Reviewed the actuarial valuation report to better understand: a) retirement plan funding status, b) unamortized past service liability, c) impact of changes in interest rates and salary increases on retirement liabilities d) drivers of Other Comprehensive Income (OCI) reflected in our audited financial statement and e) reasonability of key actuarial assumptions used, among others.

Worked closely with the Construction Committee on planning and prioritizing capital expenditures for immediate and near-term projects, ensuring alignment between project scope, timing, and funding availability.

HUMAN RESOURCE DEVELOPMENT COMMITTEE

Atty. Godofredo C. De Guzman

Chairman

Vice-Chairman:

Mr. Sisenando U. Bengzon

Members: Ms. Dominga Cecilia A. Cabangon

Atty. Simplicio M. Virtudazo, Jr.

Architect Minerva C. Villarosa

We are happy to report to you the successful endeavors taken by the committee for the board year 2025 2026:

Accomplished the following:

A new Collective Bargaining Agreement (CBA) between the Club and its Employees’ Union, Samahang Manggagawa ng Makati (Sports) Club, Inc. (SMMSCI). The new CBA took effect on January 1, 2026, and will remain in force until December 31, 2030.

An Effective Customer Service Seminar was conducted by Ms. Maria Regina C. Ansay, FBS, NC II, Senior TESDA-TWA (Tesda Women’s C Specialist of the Extension Services Coordinator. The seminar was held in two (2) batches on January 16 and January 28, 2026, 9:00 a.m. - 3:00 p.m. respectively, at the Bistro Lounge.

Eric L. Bermas has been promoted as the new F & B Outlet Supervisor. Mr. Marjhon dela Cruz as the newly appointed Facilities Supervisor. Culinary Masterclass with Chef Carlos “Pipo” Aluning was organized by Unilever PhilippinesUnilever Food Solutions on March 06, 2026.

Employees enjoyed a fun-filled and relaxing getaway during the Employees’ Excursion held at Royalebliss Private Resort in Lago Vista Subdivision, Pansol, Calamba, Laguna. The activity was conducted in two batches: the first group went on March 27–28, 2025, followed by the second batch on April 3–4, 2025

Managers and Supervisors held their Annual Summer Outing last June 2025 at Zantori Resort in Purok 5, Culianin, Plaridel, Bulacan

The Club has officially awarded its HMO services to Generali Insurance for the benefit of its Managers, Supervisors, and Rank-and-File employees.

Employees’ Sportsfest held on July 07, 2025 at Dasmarinas function room.

Approval of the compliance to Wage Order No. 26, increasing minimum wage to Php 695.00 (Php 50.00 wage increase) effective July 18, 2025.

The SAFE SPACES Act (R.A. 11313), also known as the “Bawal Bastos Law,” seminar was facilitated by Atty. Mary Judith Encarnacion and conducted in two (2) batches on September 3 & 5, 2025. Both seminars were held at the Legaspi Function Room.

The Employees’ Christmas Party was held on December 23, 2025, at the Ayala Function Room

List of Awardees for the year 2025:

35 years in service

30 years in service

20 years in service

15 years in service

10 years in service

Maritess R. Lugay

Jocelyn C Tagulao

Romeo T Gonzales

Philip P Noble

Angela M Dato

John Louie S Alegria

Aldrin C. Ambay

Marjhon C. Dela Cruz

Mildred T. Medillo

Ivee Cahrel L. Palumbarit

5 years in service

Gerbie O. Anoso

Jeremiah Jayson P. Villena

MEMBERSHIP COMMITTEE

Ms. Jennifer C. Guerrero

Chairwoman Vice-Chairman:

Members:

Mr. Roy O. Emata

Ms. Beatriz Patricia G. Cheng

Atty. Nicole Elena II C. Espina

The committee is pleased to reports its accomplishments for the board year 2025 2026:

The Membership Committee accomplished the following:

Collected Php 8,462,550.00 in transfer and assignment fees for the year 2025.

Processed 128 applications for membership.

Processed 7 applications for life membership

Conducted 4 special interviews, with a fee of Php 5,000.00 each.

Conducted 4 Meet-the-Board and inductions of new members, attended by 110 applicants, including 6 life members and 1 courtesy member

Processed 24 over-aged dependents.

Approved the cancellation of the life memberships of Mr. Ruben L. Torres and Ms. Emila H. Santiago.

Conducted a public auction sale of delinquent stockholders’ on 27 March 2025, wherein 1 Class A and 1 Class B share were acquired by the Club at Php 2.5 million each.

Conducted a public auction sale of Treasury shares on 07 November 2025, consisting of 1 Class A share at Php 3 million and 1 Class B share at Php 2.9 million.

Approved the applications of Mr Axel Buxani, Mr Renato L Cerdena, Ms Winnifred L Go, Ms Esperanza P. Padilla, and Ms. Nicola G. Thomson, who each paid Php 10,000.00 to waive their attendance at the Meet-the-Board and Induction of New Members.

The Committee extends its gratitude to all members for their continued support and cooperation.

Individual Members

Chang, Martin Rafael A

De Bustos, Luz Estrella C

Juan, Rommel T.

Mendoza, Clarisse G.

Moore, Scott

Morta, Maria Sharlene M

Reyes, Edwin Theodoro C

Life Members

Co Chien, Vicente, Jr. T.

Garcia, Alfonso, Jr. P.

Leviste, Lauro II S.

Llona, Amador N

Oliva, Marilyn R

June 20, 2025

Company Representatives

Akari, Masakazu

Cacho, Teresa G

Carrillo, Amelita H

Cortes, Isagani A.

Espaldon, Maria Jesusa C.

Fukazawa, Yo

Ignacio, Alex C

Guevarra, Michael D

Leviste, Kassandra Isabella L.

Nieto, Fernando G.

Quiambao, Peter Ismael F.

Razdan, Varun

Scanlan, Luke

Assignee Members

Autea, Rogelio L

Berza, Ryan Jay G

Catibog, Jonathan Raymond B.

Choachuy, Jason Carl C.

Moran, Maria Luisa Francesca M.

Matsuo, Motohiro

Navarro, Kristina R

Roque, Dominic Karl M.

Ugarte, Ferdinand James H.

Associate Members

Marcelo, Glenn Karlyle N.

Navea, Gold Lester S

Individual Members

Aboitiz, Illan A

Aguinaldo, Maria Lyda D.

Aguirre, Gerardina L

Bengzon, Emily Rose L.

Cerdena, Renato L

Cruz, Jonathan D.

Gohoc, Maurice K

Gomez, Patrick Paul Z.

Mape, Joselito M

Paras, Jose Raulito E.

Uy, John Carlos

September 19, 2025

Company Representatives

Assignee Members

Caparas, Miguel Francisco P.

Kunkel, Frederick

Mitra, Dwaipayan

Ona, Manolo Steven M.

Rosario, Theresa Marie V

Yap, Marc Lawrence S.

Courtesy Member

Life Member

Gomez, Ma Pilar Z

Gonzales, Michael V.

Individual Members

Buenaventura, Raymund A.

Cinco, Margarita Luz L

Fanlo, Jaime Eduardo R.

Hernandez, Katrina Isabel A.

Ling, Tee Tee

Lo, Aquiles II T.

Santos, Cesar Jr C

Tantoco, Alan John B.

Tee, John Patrick T.

November 21, 2025

Assignee Members

Abiera, Louise Marceline F.

Davies, Robert K

Limjap, Cara Mia S.

Pinto, Rufus

Smith, Mark Anthony C.

Company Representatives

Balido, Regine P.

Ferraresso, Alessio

H. Del Pilar, Julian Alexander Jr.

Matuloy, Arvin C.

Mejia, Saturnino H

Ozawa, Fumiaki

Rubio, Rodolfo D.

Uichico, Jared Anthony N

Victoriano, Randell D.

Individual Members

De Gracia, Eleanor L

Hieida, Bernadette S.

Jainani, Gina A

Noche, Jose Paolo F.

Paras, Mildred M

Syquia, Jose Tomas C.

January 16, 2026

Assignee Members

Alcantara, Kristine F

Omnes, Czaryl O.

Yang, Joel S

Life Members

Beltran, Ari Benjamin B

Buenaventura, Jorge C.

Silang-Cruz, Celia A

Company Representatives

Banez, Alberto Q

Chan, Nyka Rianne B.

Chandiramani, Vijay P

Co Yu, Sylvia Loraine S.

Montenegro, Alphonsus Maria R

Sembrano, Jerry C.

Tiu, George T

CONSTRUCTION COMMITTEE

Mr. Aurelio C. Alonzo

Chairman

Vice-Chairman:

Members:

Mr. Carlos Simon T. Casas

Mr. Henry Joseph M. Herrera

Architect Conrad T. Onglao

Mr. Constante C. Lapuz

Architect Minerva C. Villarosa

The committee is pleased to reports its accomplishments for the board year 2025 — 2026:

MAJOR PROJECTS

Renovation of Log Cabin, Barbershop and Salon

Installation of walkway canopy at the back of Log Cabin.

Installation of rain canopy of PWD ramp beside Log Cabin.

Demolition of PWD concrete ramp for the San Antonio room, providing more parking slots in the area

Installation of PWD wheelchair lift for the San Antonio room.

Repair of sunken surface of Indoor tennis court No. 2

Installation of new glass door at the Main kitchen entrance

Re-sanding of Narra parquet floor of Ayala Banquet Hall and function rooms.

Replacement of operable partitions of function rooms Bel-air, San Lorenzo, Dasmariñas and Magallanes rooms

REPAIRS AND MAINTENANCE

Repair of leaking pipe of main water line

Installation of non-skid mat along swimming pool walk area.

De-clogging of main drainage in the Log cabin and all court drainage outlets

Installation of new sewer pipe for sump near parking area.

Replacement and repair of acoustic ceiling board of Bakeshop.

Repainting of decorative cornice of veranda hallway

Replacement of water-stained acoustic board of Ayala Banquet Hall

Replacement of old and rusted industrial fan in the covered tennis court.

Replacement of dilapidated wood floor of lower Pickleball court.

Daily cleaning and sanitation of comfort rooms and utilities

Preventive cleaning of split type air-conditioning unit.

SPORTS COMMITTEE

Mr. Roy O. Emata

Chairman

Vice-Chairman:

Members:

Atty. Godofredo C. De Guzman

Mr. Ramon E. Tabuñar

Mr. Constante C. Lapuz

Mr. Tobie Ivan A. Pe

Mr. Andrew D. Alcid

Mr. Henson L. Ho

Mr. Daniel F. Palafox

Tennis Sub-Committee:

Mr. Illan A. Aboitiz

The Sports Committee spearheaded the following events and projects for the board year 2025 — 2026

President’s Cup Tennis Tournament November 2025

Pro-Am Pickleball Tournament November 2025

2 MSCI Table Tennis Fun Game March 2026 nd

2 MSCI Squash Team Tournament July 2026 nd

Online Reservation System for Racquet Sports (Tennis, Badminton & Pickleball)

Revised House Rules for Racquet Sports

Racquet Fund per Sports for the inside tournaments.

Approval of the increase of:

Towel

Playing Guest

Weekly cleaning sporting facilities

Monthly cleaning of tennis courts

Sports Events and Activities

Consistent monthly activities, Swim Challenge (10k & 20k), 42k Endurance Run, Gym Challenge (Squat, Plank, Push-Ups, Burpee), Biggest Loser, Individual Pedal Pursuit & Rowfit Challenge

SOCIALS COMMITTEE PLANNING AND DEVELOPMENT COMMITTEE

Mr. Carlos Simon T. Casas

Chairman

Vice-Chairman:

Members:

Mr. Henry Joseph M. Herrera

Me. Aurelio C. Alonzo

Mr. Marlon Dennis L. Loyola

Mr. Emmanuel Y. Mendoza

Mr. Christopher S. Tang

Ms. Nelia C. Sarcol

Mr. Emmanuel Y. Mendoza

Chairman

Vice-Chairman:

Members:

Mr. Aurelio C. Alonzo

Mr. Carlos Simon T. Casas

Mr. Roy O. Emata

Mr. Henry Joseph M. Herrera

Mr. Christopher S. Tang

The committee is pleased to reports its accomplishments for the board year 2025 — 2026:

The Socials and Planning Committees are pleased to report to you the following events organized this board year:

1 Special and Major Events:

Mother’s Day May 11, 2025)

MSCI 50 Anniversary Celebration (June 12, 2025) th

Car Raffle Draw (June 12, 2025)

Father’s Day (June 15, 2025)

Soft Launching and Blessing of the Log Cabin (August 28 and September 8, 2025)

Beerfest (October 24, 2025)

Halloween (October 25, 2025)

Carol of the Bells and Christmas Tree Lighting Ceremony (November 27, 2025)

Meet and Greet with Santa Claus (December 14 & 21, 2025)

Holiday Evenings by the Poolside (December 10, 12, 15, 17, & 19, 2025)

Members’ Thanksgiving Cocktails (January 13, 2026)

Valentine’s Dinner-Concert (February 13 2006)

2 Physical Wellness Talk

Caring for your Heart: Essential Steps for a Longer and Stronger Life! (September 19, 2025)

Ageing Well: Live Active, Stay Independent, Age Well (March 17, 2026)

3.Investment and Financial Talks

Estate Planning: Thy Will Be Done (May 14, 2025)

Wealth Forum 2026: An Insight Into Modern Trends in Wealth Management (January 14, 2026)

Planning Committee

1.New Mission-Vision of the Club

2.Creation and Launching of the MSCI 50 Anniversary Commemorative Book th

ACTS, DEEDS, AND CONTRACTS 2025-2026

April 14, 2025

The following were elected /appointed as officers of Makati Sports Club, Inc. for fiscal year 20252026:

Mr. Eduardo V. Francisco

Ms. Jennifer C. Guerrero

Atty. Godofredo C. De Guzman

Mr. Henry Joseph M. Herrera

Mr. Aurelio C. Alonzo

Atty. Ian Ray P. Malilong

President

Vice President

Corporate Secretary

Treasurer

Asst. Treasurer

Asst. Corporate Secretary

Declared the following candidates: Mr. Sisenando U. Bengzon, Mr. Carlos Simon T. Casas, and Mr. Marlon Dennis L. Loyola as the winners/new directors to take the board seats that were vacated

Authorized President Eduardo V. Francisco, the Vice-President Jennifer C. Guerrero, Corporate Secretary Godofredo C. De Guzman, the Treasurer Henry Joseph M. Herrera, and Assistant Treasurer Aurelio C. Alonzo as signatories of the club concerning its deposit accounts.

Authorized the General Manager, Mr. Ronaldo Limbo, to sign transactions of the Club amounting to ₱10,000 and below.

Approved the appointment of KPMG R G Manabat & Co as the club’s external auditors for FY 2025-2026

Approved the retention of Solis, Medina, Fajardo, and Malilong Law Offices as legal counsel

Recommended providing members opportunities to be actively involved in the various projects and events of the club.

Launched the promotional activities to boost the sales of the Club:

Monthly Special Promotion

Estate Planning: Thy Will Be Done by Atty. Angelo Cabrera

Mother’s Day Celebration

Updated the Board on the recent participation of the Club in a Bridal Fair, where the Club showcased its facilities to prospective clients

Approved the budget of ₱115,000 00 for the Management Summer on June 26-28, 2025, in Plaridel, Bulacan

Presented to the Board the Calendar of Meeting, Events, and Activities for the year 2025, which includes, among others, Town Hall Meeting on 18 June 2025, Badminton Tournament on 19-20 June 2025, Awarding of the Top Patrons, Meet-the-Board and Induction of new members, and more.

Outlined the schedule of activities for the Club's 50th Anniversary Celebration.

Introduced the online sports reservation system

Updated the Board on the timeline for the completion of the Log Cabin.

Recommended studying the improvement of the Sports Pavilion.

Studied the Club Rules and Regulations for possible amendment.

Planned promotional activities to encourage lifetime and associate membership.

Discussed the possibility of changing or updating the Vision and Mission of the Club.

Planned strategies to increase the usage of sports facilities

June 18, 2025

Updated the Board on the recent participation of the Club in the Toast Wedding Fair

Discussed the plan to reach out to a consultant and events host who may help Management in promoting the Club as an events place, and suggested inviting wedding coordinators, influencers, and other potential marketers to promote the Club as an events place.

Discussed the renewal of the Memorandum of Agreement with the schools for the Student Internship Program.

Reported on the Employees’ Sports Fest, which started on July 7 at the Dasmariñas Hall

Approved the budget and procurement of Swimming Pool Furniture

Approved the budget and hiring of the band on July 15, 2025, for the opening of the Log Cabin.

Approved the improvement of the garden stairs and canopy.

Reviewed the retirement fund with Insular Life and approved the pull-out of the retirement investment fund of the Club from Insular Life and transfer to the Unit Investment Trust Fund of BDO

Approved the increase in the monthly dues

Approved the proposed Mission-Vision of the Club with modifications.

Recommended that the Committee prepare a study to improve the Ladies’ Locker Room (Pavilion) for presentation to the Board.

Discussed and approved the improvement plans for the open tennis court and the renovation of all tennis courts

Approved the purchase of a sound system for the Log Cabin.

Approved the amendment of the allowances given to the OJT or student interns

Approved the collection of the traditional Christmas Assessment from members, amounting to ₱1,670.00.

Approved the authorization of GM Limbo to receive the check from Insular (payable to BDO) and execute any and all documents necessary for the release and transfer of the retirement fund from Insular to BDO

Approved the removal of the ramp is scheduled to take place before the end of July

Approved the renovation of the Barbershop and Parlor and the suspension of the operations of the Patisserie

Approved the recommendation for the Club to avail itself of the 15-month termite maintenance program

Approved the upgrade of the bowling alleys.

Recommended the upgrade of the Club’s electrical system.

Approved the recommended increase of membership dues from ₱2500.00 to ₱3,500.00 per month, with adjustment on the consumable portion from ₱750.00 to₱1,000.00, which took effect on 01 November 2025.

Approved the proposed amended House Rules and Regulations.

Approved the compliance with the Wage Order No. 26 and adjustment to address wage distortion.

Approved the hosting of fellowships and networking events for members.

Approved the organization of fellowships for the children of the members.

Approved the purchase of a new coffee machine, which will be placed at the Sports Hub.

Approved the acquisition of the Nintendo Switch 2 console

Approved the commencement of the solar project as far as getting quotations from suppliers

Approved the increase in the collection of the Tennis Fund and renaming of the same to the Racket Sports Fund

Approved the closure of the Ladies’ Locker Room effective August 2025.

Approved the creation of a tennis association in the Club and the establishment of an official tennis team.

Approved the change of the name of the Chairman’s Cup to the Director’s Cup.

August 15, 2025

Reported that the Club finally secured a Compliance Certificate/ Sanitary Permit from the Environmental, Health, and Sanitation Section of the LGU of Makati

Approved the following price increase:

1.Breakfast Buffet: ₱560

2.Dining Buffet: From ₱800 to ₱900

Approved the procurement of the services of ESP, Inc. for the installation of a lift for the San Antonio Function Room.

Ratified the actions of the Construction Committee on the ongoing Log Cabin construction.

Approved the creation of the As-Built plans.

The Board approved the resurfacing of the indoor tennis court.

Updated regarding the installation of the scoring system at bowling lanes.

Approved the procurement of the two (2) logo projectors

Approved the renovation of the Le Patisserie,

Approved the plans for the Beerfest for October.

September 19, 2025

Approved the participation of the club in the Salcedo Market activity

Approved the call of two delinquent accounts

Declared that San Miguel Corporation and Pure Foods Corporation have substantial outstanding obligations and may be called delinquent unless settled.

Approved the increase in the budget for the renovation of the Barbershop and Beauty Parlor.

Approved the release of an additional budget amounting for the installation of the lift.

Approved the procurement of six (6) Smart Televisions and six (6) tablets for the Bowling Alley upgrade

Approved the proposed Sports Rules and Regulations, which will be incorporated into the online reservation system and launched of the online reservation system.

October 17, 2025

Nomination and designation of Mr. Roy Emata as the new director of the Board to fill the vacancy of Mr. Dennis Loyola.

Approved the procurement of 300 additional Tiffany chairs,

Approved the increase of the monthly rental fee of the Aikido class

Approved the sale of treasury shares in an auction on November 5 or 6, 2025. Class A shares floor price was at ₱2,500,00.00.

Approved the commencement of the procurement process, initially with the bidding, for the renovation of the interior design of the Club’s function rooms.

Discussed the delay and plans to launch the online reservation system in November

Approved the revised Sports Rules and Regulations

Approved the printing of the commemorative in a hard-bound cover

November 21, 2025

Approved the renewal of the Aikido Contract, subject to revision of terms and conditions

Recommended and approved the use of the Gallery for Private Members’ Meetings, subject to further change as to the menu options and exclusivity mechanics

Approved to increase in Club-collected fees, but the terminology used must be carefully chosen

Approved the engagement of Miravite Consulting Group as the Club’s actuarial provider for the year 2025.

Agreed to declare three shares delinquent. If the shares remain unsettled, they would be scheduled for auction

Approved the increase of the Guest Fee to ₱250 00

Approved the increase in the towel rental fee to be implemented in January 2026.

Approved an across-the-board 12% price increase on all à la carte food items and beverages, to be implemented in January 2026.

Approved the commencement of the Collective Bargaining Agreement negotiations.

Approved the hiring of Housekeeping Supervisor and Maintenance Staff who will supervise the housekeeping of the Club’s facilities

December 19, 2025

Approved the application for tax exemption with the Bureau of Internal Revenue.

Approved the increase of the trainer’s fee by ₱80.00/hour.

Approved the ongoing construction/ renovation of the Club facilities, as well as the proposed project in the upcoming years (2026-2027).

Approved the award of the renovation of the 2F Veranda to Rowena Berroya (RGB) and the renovation of the GF Lanai (Le Patisserie, Gazebo Area, Lanai Area Hallway) to Architects & Engineers c/o Arch. Minerva Villarosa,

Approved the Rehabilitation and Improvement of the Electrical System

Approved the installation of the alternative parking at the test area

Approved in principle the amendment of the new sports protocols

Approved the proposed features and IT Integration in the Online Reservation System

Approved the transfer of the PWD-designated parking slot near the lift

Approved the proposed price increase on the overnight parking fee from Five Hundred pesos (₱500.00) to One Thousand pesos (₱1,000.00).

Approved the suspension of the assignee applications pending the launch of the Online Registration System.

Approved printing of 400 copies of the commemorative books

Approved Cooky Chua and Color it Red as the artist for the Valentine's Celebration

January 16, 2026

Approved the Master Plan and listed priority projects: Renovation of Function Rooms; Renovation of the Sports Pavilion, as well as the squash courts, rooms for virtual gold, Pilates area, dance studio, and Aikido room; Improvement of the Electrical Room; Installation of Alternative Parking; Installation of EV chargers; Demolition of Club Café PWD Ramp, with Lift Replacement; and Installation of Rain Canopy from the Lanai area

Approved the purchase of a new Cake Chiller at the Club Deli

Approved the sending of two Club representatives to attend the two-day AIM Seminar on Best Practices on the Bidding Process and allocation of funds to participate in said event

Discussed charging the additional expenses to the Tennis Fund due to the delay of the launch of the Online Reservation System (ORS).

Approved the hiring of a Lechon Cutter for the events and additional banquet crews.

Approved the distribution of the sales incentive to the employees for reaching their target since the sales team met its targets for the last quarter of 2025

Approved the appointment of Dr Sandejas, Mr Melendres, Mr Lopez, and Arch Villarosa, and Atty. Virtudazo as members of the NOMELEC.

February 20, 2026

Approved the plans to update employees’ salaries and promotions to ensure that salaries match the new roles and extra responsibilities that staff members have taken on.

Approved the contract of the new Canteen Concessionaire that will provide food service to the employees

Ratified the creation of the MSCI Fire Brigade and the appointment of its members.

March 27, 2026

Ratified the sustainability plan of the Management

Approved the engagement of a new HMO for employees: Generali

Approved the 2025-2026 Audited Financial Statement

Ratified the request to seek tax exemption on the retirement fund

Approved the appointment of Reyes Tacandong and Co as the new auditor

Approved the designs for the renovation of the Function Rooms

Approved the leasing of the Barbershop and Beauty Parlor and allowed the concessionaire to manage the same

Approved the release of financial assistance to the Salon and Barbershop service providers

Approved the sale of 40 treasury shares

Approved the swimming lessons to be conducted by Bert Lozada

FINANCIAL REPORTS

FINANCIAL HIGHLIGHTS

MEMBERSHIP DUES & GROSS INCOME

FROM OPERATIONS

Membership Dues and Fees

Gross Income from Operations

Other Income 161,831,320 2,941,603 111,892,572 46,997,145 (Food & Beverage, Sports, Parlor & Barbershop) 3,687,239 113,727,415 51,492,934

COST OF SALES, DIRECT EXPENSES & GENERAL & ADMINISTRATIVE EXPENSES Cost of Sales & Direct Expenses

EXCESS OF INCOME OVER EXPENSES BEFORE INCOME TAX EXPENSE

ACCUMULATED EXCESS OF REVENUE OVER EXPENSES AT THE END OF THE YEAR TOTAL ASSETS

General & Administrative Expenses (Including depreciation & deferred tax) 96,151,666 54,315,585 150,467,251 11,364,069 3,521,942 112,978,527 219,508,969 230,061,728 MEMBERS’ EQUITY OTHER HIGHLIGHTS 174,191,457 183,420,206 19,835,479 (4,317,133) 29,954 142,609 13,669,108 (3,725,268) 117,594 267,176 Department Income (Loss) Food and Beverage Sports and Recreation Beauty Parlor Barber Shop 103,398,805 61,986,841 165,385,646 116,040,092 168,907,588

EXECUTIVE OFFICE

ADMINISTRATION AND FINANCE

MEMBERSHIP

FOOD & BEVERAGE / RESERVATIONS HUMAN RESOURCE DEPARTMENT SPORTS AND RECREATION

Christina

Makati (Sports) Club, Inc.

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