C05298-2021

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Aug 3, 2021
2. SEC Identification Number
PW-937
3. BIR Tax Identification No.
000-391-438-000
4. Exact name of issuer as specified in its charter
EEI CORPORATION
5. Province, country or other jurisdiction of incorporation
MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
12 MANGGAHAN ST., BAGUMBAYAN, QUEZON CITY Postal Code 1110
8. Issuer's telephone number, including area code
(02) 8-334-2677
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON 1,036,281,485
11. Indicate the item numbers reported herein
N/A

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

EEI CorporationEEI

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

EEI Power Corp., BiotechJP inaugurate solar rooftop system for clean energy

Background/Description of the Disclosure

EEI Power Corporation, a subsidiary of Yuchengco-led EEI Corporation, joined BiotechJP
in unveiling the completed installation of 83.2kWp solar rooftop system after five weeks
of construction. Installed at BiotechJP’s facility in Tarlac, this will provide more than
3,000,000kWh of clean energy for up to 25 years with an estimated savings in power bills
of about PhP17M for the same period. This would be equivalent to around 37,000 newly
planted trees and 1,264,200 metric tons of carbon emission avoided.

The solar rooftop system includes 188 units of 455Wp Jinko monocrystalline solar panels
and 1 x 80kVA Growatt inverter. This system is the initial phase of a total 190kWp system
that can fit the available roof space of BiotechJP. The remaining system components are
expected to be installed next year in time for the full operation of the Tarlac facility.

The commercial arrangement to operate the solar rooftop system is covered by a Solar
Energy Generating System Lease Purchase Agreement between EEI Power and BiotechJP.
This involves a monthly settlement based on actual solar production consumed by the
facility at a discounted rate per kilowatt-hour (kWh) from the given month’s electricity
rate of BiotechJP’s power utility. The contract is effective for 10 years, after which,
ownership of the system will be transferred by EEI Power to BiotechJP at no cost.

BiotechJP produces “Echigo” Low protein rice, “Gohan Lite” Calorie reduced rice and
“Insta Rice” ready-to-heat and ready-to-eat rice for the Philippine market using
biotechnology. In September 2020, it opened its 5,000-sqm production plant in Central
Techno Park, Tarlac City that can produce up to 20,000 rice packs daily.

EEI Power is a power generation and solutions provider of electrical equipment and
services including solar rooftop installations for commercial and industrial
establishments, as well as for residential customers. It is also engaged in the retail
electricity supply through its wholly-owned subsidiary, EEI Energy Solutions Corporation.

Other Relevant Information

Please see attached Press Release.

Filed on behalf by:
Name Teresita Salazar
Designation Sr. Legal Services Officer