2023 Special Election Report

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President’s Report:

Special Election Issue

Board Holdovers

2023 Annual Meeting & Chamber Board Elections

Directors with one year remaining (Term expires: 12/31/24)

The Chamber’s Annual Membership Meeting and Chamber Board Election Announcement will be held on Wednesday, November 15, 2023 at the Hilton Guam Resort & Spa. Electronic Ballots will be sent to the membership on Wednesday, November 9th. Electronic voting will be active until 12:00 noon on November 15th. The Annual Membership Meeting will feature Chairman Edward Untalan’s End of the Year Address to the Membership.

WILLIAM CALORI, Chief Financial Officer, Cabras Marine Corporation & Subsidiaries FRANK CRUZ, Vice President and General Manager, Guam Fast Foods Inc. dba KFC & Sbarro’s MILTON MORINAGA, Pacific Froots TAE OH, President, Vantage Advertising, PSI Holdings, LLC EDWARD UNTALAN, Executive Vice President/ Guam CNMI, First Hawaiian Bank

Directors with two years remaining (Term expires: 12/31/25) JOE ARNETT, Owner, Arnett Consulting FRANK CAMPILLO , Health Plan Administrator, Calvo’s Insurance Underwriters CHRISTOPHER DUENAS, Chief Financial Officer, Triple J Enterprises DR. HOA VAN NGUYEN, President, American Medical Center ERNIE GALITO, Business Development Director, Atkins Kroll TOM SHIMIZU, General Manager, Ambros Inc. CANDY OKUHAMA, President, ASC Trust

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Chamber Board Elections There are eight (8) seats to be filled in this year’s Board Elections and will be decided as follows: 1. Six (6) candidates garnering the highest number of votes shall serve a term of three years as a voting director; and, 2. Two (2) candidates garnering the next highest number of votes shall serve a term of one year as a non-voting alternate director There are ten (10) candidates seeking election to the Chamber Board this year. This special edition of the President’s Report focuses on the candidates and their ideas regarding the following question: “What do you foresee are the three (3) greatest challenges for Guam and how would you as a Board Director help the Chamber resolve these issues?”

For the election, electronic ballots will be issued only to authorized voting members. Authorized individuals are listed in the Chamber’s current roster of members. If a member would like to assign their vote to a proxy, the proxy must present a signed letter of authorization on company stationery to receive an electronic ballot.

Please contact your Guam Chamber if there have been recent changes to the executive roster at your company and send your updates in writing via email to Rebekah@GuamChamber.com.gu.

Electronic voting will take place from November 9th - November 15th at 12:00 noon. No ballots will be accepted after this period. Final results will be announced at the Annual Meeting. An announcement will be emailed to the membership before close of business day on November 15th.

2023 Guam Chamber of Commerce: Special Election Report

Member Voting Info: 1. Members may cast their electronic ballots anytime between November 9th - November 15th (noon). No ballots will be cast after this period.

2. Members will be given ONE ballot. Depending on their class of membership, their ballot will be marked and counted accordingly: Class A: One Vote Class B: Two Votes Class C: Three Votes Class D: Four Votes Class E & F: Five Votes Class G & H: Six Votes Class I & J: Seven Votes 3. Members must be current with their dues investment in order to vote (please see current schedule of dues breakdown). Contact your Guam Chamber office if you have questions about your statements or your membership class.

4. Only authorized representatives of voting members are eligible to vote (members who are listed in the Chamber’s current roster or their proxy. Note: A proxy must present a signed letter of authorization on company letterhead in order to vote.)

5. The Nominating Committee will announce the Board Election Results at the close of the Annual Meeting.

PROXY [Please insert on company letterhead] Dear Guam Chamber of Commerce, In accordance with the By- Laws of the Guam Chamber of Commerce, I hereby appoint (name of representative, title, email address & phone number) as my proxy to vote for me on behalf of my company at the 2023 Annual Board of Directors Election. I understand that voting will be conducted electronically between November 9 – 12:00 Noon, November 15, 2023 and that my proxy will receive the special electronic link to vote on my behalf. Thank you.

Dated the _____ day of November, 2023.

(Name) (Title) (Company)

2023 Nominating Committee Ed Untalan, Chairman, First Hawaiian Bank Kim Young, Security Title Ernie Galito, Atkins Kroll Frank Cruz, Guam Fast Foods Christine Baleto, Docomo Pacific

Special thanks The Guam Chamber would like to recognize and thank the following Chamber Board Members for their tireless support of the organization during their tenure on the Board! (Terms expire: 12/31/23) JESSICA BARRETT, President, Barrett Enterprises, Inc. DBA Barrett Plumbing SISKA S. HUTAPEA, President, Cornerstone Valuation Guam, Inc. MARK TOKITO, Senior Vice President, Bank of Hawaii KIM ANDERSON YOUNG, President & Founder, Guam and CNMI Security Title, Inc.

2023 Guam Chamber of Commerce: Special Election Report 3

BENSON F.F. AU-YEUNG President, Dragon Inc.; President, Soft Pacific, Inc. dba: Paradise Awning; President, Soft Pacific, Inc. dba: Benz Sign Supplies; President, Cube Inc.; Past President and current Director of Chinese Chamber of Commerce, Guam; Guam Hotel and Restaurant Association, Member; Guam Contractor Association, Member; United Chinese Association, Member; Out of Home Advertising Association of America (OAAA), Member; Guam Football Association, Committee Member; Guam National Tennis Center, Sponsor; Guam National Tennis Federation, Member The greatest challenges for Guam are: Industry, Infrastructure, and Legislature.

Guam’s two main industries are tourism and the US Military buildup. Tourism is a delicate industry that depends on how well we can brand Guam as a preferred destination over other countries, as well as other US destinations like Hawaii.

Our government agencies can do more to welcome investors who want to develop our island, whether it’s to build more attractive hotels or create new types of business attractions, so that more tourists feel excited to travel to Guam.

The US Military buildup has already started and will bring much revenue to Guam for the next 10 years or more. This will trickle down from construction projects, to housing, and to all retail businesses. While there are many pros and cons for the buildup, I would like to find a middle ground so that more jobs are created, encouraging Guamanians, especially skilled workers, to stay in or return to Guam and contribute to the growth of our island.

I called Guam home for 50 years now. I understand the challenges of inclement weather and typhoons on a tropical island, and it is inevitable that power and water, and other essential utilities are affected during such times. However, we should have plans in place to improve infrastructure well before a natural disaster.

Our legislature is doing a great job. However, I would like to see them find more ways to attract a wider selection of candidates to the table. Our island depends on the decisions of the law makers, so it is imperative they bring about new and creative ways to move Guam forward.

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2023 Guam Chamber of Commerce: Special Election Report

LAMONTE JAMES “JIM” BEIGHLEY (Incumbent) CEO & Head Strategy Mergers & Acquisitions, CPL Pacific; IT&E, Board Member (2011-Present); Chairman of IP&E Solar; Founding Director, Guam Unique Merchandise & Arts (GUMA) Program (2013); CNMI Representative to the Northern Mariana Islands Immigration Task Force, Washington D.C. (2008-2010); Vice Chair of the Board of Directors, Guam Visitors Bureau (20062009) The three greatest challenges for Guam are economic uncertainty, maintaining an adequate labor force and economic diversification.

Rebuilding confidence in our economy is crucial. Recovery remains slow in many sectors following recent disruptions, including Typhoon Mawar and the COVID-19 Pandemic.

This slow recovery along with certain policies that put pressure on local business and the struggle to attract and maintain quality talent, put our businesses on shaky ground. If re-elected as a Board Director, I plan to continue my efforts to help our local businesses explore diversification to strengthen our economic stability and create opportunities. Collaboration between stakeholders to create a business-friendly environment will be more important than ever.

My goal is to ensure that everyone’s unique perspectives are heard, understood, and used to contribute to our prosperity as a whole. As one united business community, we can create targeted strategies and solutions to address any economic issues that arises from within or that arrives on our shores.

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JUAN CARLOS BENITEZ (Incumbent) President & Owner, The Washington Pacific Economic Development Group, Inc.; Legislative Affairs Specialist, Joint Region Marianas; Cassidy & Associates (DC), Former Executive VP; Former Special Counsel for Immigration Related Unfair Employment Practices at U.S. Department of Justice, Civil Rights Division; Deputy General Counsel & Director of Government Affairs, Governor of Puerto Rico.

I have on many occasions provided instructions and facilitated meetings between the Chamber and other community groups with Federal Government Executives and Congressional Representatives to assist with existing or pending legislation or executive/administrative actions and concerns. This facility will prove advantageous to the Chamber and its liaison with Washington, DC. The following areas are where I think my immigration and government relations background can help the Chamber the most: 1) Getting the Federal Government to understand the need for a permanent H-2B Cap Exception for the Marianas as well as the need for a reinterpretation of the term Temporary as it relates to work being performed in the Marianas, 2) Getting the Federal Government to support and strengthen our existing Tourism economic pillar: a. Implementation of an expansion of the Guam & CNMI Visa Waiver eligible countries b. Advocate with the U.S. Department of Transportation that United Airlines be granted a HanedaGuam route 3). Continue to impress on the Federal and Local Government officials the need to obtain an airport cabotage exception for the Marianas allowing foreign carriers to stop in Guam and the CNMI and continue to the U.S. Mainland

TOYS FOR TOTS For a list of companies collecting new and unwrapped toys, please visit the Chamber website. The Chamber along with member companies will be accepting new and unwrapped gifts until December 5th! 🚂🧸 6

2023 Guam Chamber of Commerce: Special Election Report

VINCENT C. CAMACHO Attorney/Managing Principal, Camacho Calvo Law Group LLC; Board Member and Treasurer, Guam Unique Merchandise and Art; Board Member and President Elect, SHRM Guam Chapter

The top three formidable challenges confronting all businesses in Guam encompass: 1. Workforce Development: The pivotal role of workforce development policies cannot be overstated in maintaining a competitive, adaptable workforce capable of meeting the dynamic demands of labor market.

Examples include forging partnerships between employers and educational institutions to align curricula with industry requirements, thus ensuring graduates are job-ready.

2. Government Bureaucracy: Businesses in Guam grapple with excessive bureaucracy, a common barrier to efficiency, cost savings, and enhanced public services. Some policy suggestions to reduce government bureaucracy encompass revising outdated or overly complex regulations to streamline compliance and reduce administrative burdens on individuals and businesses. Additionally, the design of government services should prioritize userfriendliness and accessibility for businesses.

3. Adequate Education, Public Health, and Public Safety Personnel: Our citizens must have access to essential government services in education, public health, and public safety. I am committed to collaborating with the Chamber and its various committees to explore and implement updated policies addressing these pressing challenges.

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DEANNA DIAZ CRISOSTOMO General Manager, Tommy Hilfiger PVH Corp.; Chairwoman, Chamber Business Womens Network – Guam Chamber of Commerce (Present); National Guard Family & Youth Program – Partnership through TH Events, The Children’s Ark – Partnership through TH Event Three greatest challenges for Guam are: Guam's Educational System & Student Programs are lacking in areas that impact the potential of our island's students. With the type of technology and ease of access to the rapidly growing world, we cannot continue to ignore the gross inadequacies of the Guam public schools.

Students should be provided the tools and resources to improve skills training and certifications. In turn, our work force will gain new employment that is better equipped with the knowledge and skills to thrive in our island's workforce. I hope to gain access to partnerships that will have the passion and resources to help create and build these much-needed programs.

Guam's Infrastructure or lack of attention and inadequate repair negatively impacts the island's economy.

Immediately upon arrival to our island, the international customer is made aware of our complete lack of detail from cleanliness of our streets, the state of our roadways, and dilapidated public spaces and facilities. As privately owned businesses, including national brands we are counting on our governments care for infrastructure to aid in increase of international arrivals. We can no longer stay silent as the island falls into rapid unrepair, while our businesses suffer. I hope to help impact strategy and gain better foothold for the private sector- our field expertise should be greatly considered to affect business decisions for the island.

Guam's Workforce is ill-equipped. There are jobs available that go unfilled due to the lack of readily skilled employees. Every industry is affected when our workforce is not given the proper training and development.

When leadership is lacking, it creates large gaps between the employer and employee. This causes a ripple effect that creates more chaos within the field. I hope to lend my skills and expertise through partnerships that will create sound growth in leadership development and skillsets to impact workforce engagement while developing better skills practices.

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2023 Guam Chamber of Commerce: Special Election Report

JAMES S. HERBERT III General Manager, Triple J Five Star Wholesale Foods, Inc.; Past Board Member & Chairman of the Board, Guam Chamber of Commerce; Board Member, Guam Hotel and Restaurant Association; Board Member, American Red Cross; Treasurer, Micronesian Chefs’ Association; Guam Visitors Bureau The three greatest challenges that I foresee for Guam currently are: 1. Attraction and restoration of our visitor arrivals and improvement in the quality of our destination product.

2. The rising cost of doing business in Guam must be addressed so that small and large businesses can remain viable and profitable.

3. Employee retention and recruitment continue to be a huge challenge for all businesses.

Having served many years on the Chamber Board in various capacities, including the former Chairman, I believe that I have unique insight into the mission of the Board. My work on the board of the Guam Hotel and Restaurant Association for many years has equipped me with the knowledge to navigate the visitor industry and provide valuable insight into the hotel, restaurant, and visitor industries. I have also been an active member of the Guam Visitors Bureau for many years.

The above experience will allow me to bring expertise and knowledge to the Chamber and address the above challenges along with many others. Therefore, I humbly ask for your vote to serve on the Guam Chamber of Commerce Board of Directors once again.

2023 Guam Chamber of Commerce: Special Election Report 9

MARK J. SABLAN (Incumbent) Vice-President, Business Development, South Pacific Petroleum Corporation Guam Chamber of Commerce, Board Director & Past Chairman of the Board; Vice-Chairman, Armed Forces Committee; Navy League of the U.S. – Guam Council, Board Member & Past President; University of Guam School of Business and Public Administration, Chairman; Guam Business Partners for Recycling aka i-Recycle, President; Bookmobile Foundation (Guam Public Library), Treasurer; Bank of Guam, Board Director.

In my humble opinion, the three challenges for Guam are: 1. Skilled workforce – Guam is highly dependent on importing skilled workers for not only the construction industry, but also for specialized knowledge jobs such as nurses, medical techs, engineers and I.T. specialists.

2. Crime – theft, burglaries, criminal sexual misconduct, domestic violence and serious crimes like murder are on the rise. This is largely due to the rampant use of methamphetamine and the abuse of alcohol. As a result of this, it is evident that this substance abuse leads to social ills such as unemployment, poverty and homelessness.

3. Fostering of Economic Growth – Guam is highly dependent on its tourism industry. For many years we have enjoyed record numbers of visitors. When Covid-19 hit, it crippled the tourism industry and our economy. The other dilemma is the ever-increasing threats of typhoons. All these challenges cannot be resolved overnight. As a board director, I will support and encourage the following: it will take the local government, federal government, and private businesses to come together and create ”think tanks.” The approach will be to put the challenges on the table and share strategies/available resources for execution and resolution.

Stay Connected with your Guam Chamber of Commerce!

Facebook: Guam Chamber of Commerce Instagram: @GuamChamber X: @GuamChamber LinkedIn: Guam Chamber of Commerce YouTube: Guam Chamber of Commerce

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R. BOBBY SACHDEJ Owner/Principal Broker, Landmark Realty Group & Services, LLC; Vice President & General Manager, Citi Development & Construction, Inc. (2005-Present); Director of Finance/Administration, TriVision Media Group, LLC (2001-Present); Managing Director, T. Sachdev Inc. dba: Carl’s Jr. (1998-2006); Chief Operating Officer, The Athlete’s Foot Franchise Stores, Cookie Company Hqts., Candy Hq. (1996-1998) Deeply rooted in Guam's intricate economic and socio-economic tapestry, my overarching mission is to foster strong collaboration between our community and government to holistically address our prevailing challenges.

Key Challenges & Resolutions for Guam: 1.

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Housing Shortage: Guam confronts a significant housing deficit. Our working class, the backbone of our island's growth, finds it increasingly challenging to access affordable housing. Their aspirations are often eclipsed by specialized housing provisions such as those for military personnel and GHURA's Section 8 beneficiaries. As rental options diversify, many local workers, notably in government and tourism, confront escalating housing expenses, pushing them to the margins.

Socio-economic Strain: The repercussions of our housing crisis extend beyond bricks and mortar. Forced into multi-generational living arrangements, many households grapple with the complexities this brings— heightened stress, strained resources, and diminished individual potential, which in turn, ripple out to impact our broader community dynamics.

Revamping Infrastructure & Legislation: Progress requires a forward-leaning stance. To stimulate growth and cater to our evolving needs, it's imperative we modernize our legal framework and rejuvenate our infrastructure. This entails comprehensive planning, recalibrating zoning policies, and ensuring robust utilities that align with contemporary demands.

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In aspiring to be your Board Director, I'm committed to amplifying these concerns, weaving collaboration, foresight, and innovation into solutions for a resilient and flourishing Guam.

Stay connected with us on our social media platforms for the announcements of our upcoming events and a new podcast release!

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PHILLIP SANTOS (Incumbent) Senior Account Executive, Matson Inc.; Board Director / AFC Steering Committee, Guam Chamber of Commerce (current); Member, Anderson Civilian Advisory Council (ACAC), Past Associated Director, Co-Host of “GCA Today,” Guam Contractors Association; Civilian Advisory Council, Volunteer, Board Member, Past President, USO Guam; Member, Society of American Military Engineers (S.A.M.E.); Steering Committee Lead, Toys for Tots Campaign; Volunteer The three greatest challenges for Guam are: 1) H2B Visa Extensions: with $11 and $13 billion dollars to Guam’s economy, executing the need to sustain war fighting capabilities, we need to be able to construct investments to make that possible. By extending the H2B Visa through 2029, it will allow us to deliver the position our armed forces need to be. I will continue to crusade those efforts through presence and fostering those relationships with our DoD partners.

2) Affordable Housing: We must find common ground with our Military community to allow residential units outside the fence be more affordable to our local residents. I plan to continue to work with DoD to find best options for the local population. With the costs of rent today, it is difficult to support our local needs.

3) Small Business Support: As different industries on the island continue to grow, we must create opportunities for them to succeed. I plan to find those prospects through our vast networking base system to avail those successes.

These efforts will help keep our locals on island.

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ELECTRONIC BALLOT WILL BE SENT OUT ON NOVEMBER 9, 2023!

IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT THE CHAMBER OFFICE.

DR. SAM MABINI YOUNG President, Transort Guam, Inc. dba Sirena-T; Executive Director (prior President), Guam Association for Career and Technical Education (2015Present); Board Director, National Association of Women in Construction (20222023); Board Director, Micronesian Conservation Coalition (2016-Present); Board Member, Guam Symphony Society (2013-2020); Vice President/Member, Soroptomists International of Guam (2016-2020); Guam Workforce Investment Board (2011-2012); Guam Public Library System Board (2005-2007); State Council on Asia Pacific Minnesotans (2001-2003)

The three greatest challenges for Guam are: 1. Preparing, maintaining and managing human resources for today and tomorrow – Together, we can develop and direct dialogue, research agenda and authentic collaboration between the Chamber and Labor, the University, the Community College and Technical schools in Guam.

We would build on existing relationships(ex: Advisory Committees with UOG or GCC, the Guam Workforce Development Board, etc.) to improve agencies’ understanding of real business expectations and workforce needs.

We can develop regular publications covering this and other information, which would mean engaging Chamber members and company expertise in research or labor studies to garner current and forecasted workforce needs, required skills and innovative training ideas. In essence, businesses are front and center, directing a more relevant and systematic process on how Guam prepares and manages human resources. This is needed to grow the local economy and improve individual lives.

2. Availability of housing options – Together, we can convene relevant stakeholders to identify and enact changes to clear the way for innovative housing options. This could include insurance and finance organizations to explore and adopt changes in insurance or finance policies to support the development of affordable modular home units; OR new zoning legislations or financing options for Accessory Dwelling Units, thereby expanding housing options and promoting entrepreneurship of homeowners.

3. Expanding opportunities for other industries and new businesses – See #1 explanation above, regarding the development of a reliable workforce to attract new industries. Together, we can improve relationships with key local agencies by having regularly scheduled meetings to promote improvements and consistency in their services. We can also call special attention to finally establish a working public transportation.

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