The assessment covered various aspects, including safeguarding shareholder rights, equitable treatment, stakeholder relations, transparency, accountability through timely disclosure of material information, and strategic board guidance, management oversight, and accountability. Atty. Marilyn A. Victorio-Aquino, PLDT's chief legal counsel and corporate secretary, emphasized PLDT's steadfast commitment to fostering a culture of transparency, accountability, and ethical leadership throughout the PLDT Group. In addition to PLDT, several other companies within the MVP Group, including Metro Pacific Investments Corp., Manila Electric Company and Philex Mining Corp. also received three Golden Arrow Awards, showcasing the group's collective commitment to exemplary corporate governance. PXP Energy Corp. was honored with a 2-Golden Arrow Award. The ICD serves as the Philippines' premier institution in the field of corporate governance.