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CIC appoints Ariel Fermin as new CEO

September 21, 2023, Thursday I am pleased to announce a significant development at Concepcion Industrial Corporation (CIC). After careful consideration and with full confidence, I, Raul Joseph Concepcion, Chairman of CIC, am delighted to inform you of the approval by our Board of Directors of the appointment of Isaias Ariel Fermin, known to many as Ariel, as our new Chief Executive Officer (CEO), effective from January 1, 2024.