NOTICE

Subject	EEI Corporation: Follow-on Public Offering of Series A and Series B Preferred Shares – Final Terms and Conditions
Company Name	EEI Corporation
Mode of Listing	Follow-on Public Offer (FOO)

Security Details
Type of Security	Stock Symbol	Par Value
Series A	EEIPA	Php 0.50
Series B	EEIPB	Php 0.50

Issued Shares (Pre and Post-Offer)
Stock Symbol	Type of Shares	Number of shares Pre-Offer	Number of shares Post-Offer
EEIPA	Preferred Shares	-	Up to 15,000,000
EEIPB	Preferred Shares	-	Up to 45,000,000

Outstanding Shares (Pre and Post-Offer)
Stock Symbol	Type of Shares	Number of shares Pre-Offer	Number of shares Post-Offer
EEIPA	Preferred Shares	-	Up to 15,000,000
EEIPB	Preferred Shares	-	Up to 45,000,000

Treasury Shares (Pre and Post-Offer) (if applicable)
Stock Symbol	Type of Shares	Number of shares Pre-Offer	Number of shares Post-Offer
-	-	-	-

Primary Offer Shares
Stock Symbol	No. of Shares
EEIPA	10,000,000
EEIPB	30,000,000

Secondary Offer Shares (if applicable)
Stock Symbol	No. of Shares
-	-

Total Firm Offer Shares
Stock Symbol	No. of Shares
EEIPA	10,000,000
EEIPB	30,000,000

Over-Allotment or Oversubscription Option Shares (if applicable)
Stock Symbol	No. of Shares
EEIPA	Up to 5,000,000
EEIPB	Up to 15,000,000

Total Shares Applied for Listing
Stock Symbol	No. of Shares
EEIPA	Up to 15,000,000
EEIPB	Up to 45,000,000

Offer Price	Php 100.00
Market Capitalization (Post-IPO)	-
TP Allocation	Up to 8,000,000 preferred shares equivalent to up to Php 800,000,000.00
Allocation per TP	Up to 64,000 preferred shares equivalent to up to Php 6,400,000.00
LSI Allocation	Not applicable.
Estimated Public Float (with Overallotment/Oversubscription)	Not applicable.
Estimated Public Float (without Overallotment/Oversubscription)	Not applicable.

Total Shares Under Escrow
Stock Symbol	No. of Shares	Duration of Lock-up
-	-	-

Parties to the Offer
Function	Name of the Party
Sole Issue Manager	RCBC Capital Corporation
Joint Lead Underwriters and Bookrunners	RCBC Capital Corporation
Joint Lead Underwriters and Bookrunners	SB Capital Corporation
Legal Counsel to the Company	Martinez Vergara Gonzalez & Serrano
Legal Counsel to the Joint Lead Underwriters and Sole Bookrunner	Picazo Buyco Tan Fider & Santos
Selling Agents	PSE Trading Participants

Stock Transfer Agent	Rizal Commercial Banking Corporation – Stock Transfer Department
Receiving Agent	Rizal Commercial Banking Corporation – Trust and Investments Group
Escrow Agent	Not applicable.
External Auditor	SyCip Gorres Velayo & Co.
Price-Setting Date	Dec 2, 2021
Start of Offer Period	Dec 9, 2021
End of Offer Period	Dec 15, 2021
Tentative Listing Date	Dec 23, 2021
Corporate Website Hyperlink to the Prospectus	https://www.eei.com.ph/content/investor-relation/disclosures.php#prospectus

Other Relevant Information
The Exchange approved the application of EEI Corporation (“EEI” or the Company”) for the listing of up to 60,000,000 Preferred Shares, subject of the follow-on public offering (the “Offer”) of the Company, at an offer price of Php 100.00 (“Offer Price”) per Offer Share. The details of the Offer are as follows: a. Base Offer. 40,000,000 Preferred Shares which is offered to the public on a primary basis; and b. Oversubscription Option. In the event of oversubscription, the Joint Lead Underwriters and Bookrunners, in consultation with the Company, reserve the right, but do not have the obligation, to increase the Offer Size by up to 20,000,000 Preferred Shares, subject to the registration requirements of the SEC. The number of issued and outstanding shares indicated in the fields above is on the assumption that the oversubscription option is fully exercised. Please refer to the attached copy of the signed Offer Terms of the Company’s Series A and Series B Preferred Shares for the details on the Offer Terms and Conditions, as well as the features of the subject Preferred Shares. Please refer to Circular Nos. C04877-2021 dated July 16, 2021 and C05884-2021 dated August 27, 2021 for the Company’s relevant disclosures relevant to the Series A and Series B Preferred Shares. The Exchange’s approval of the listing of the EEIPA and EEIPB shares is subject to the Company’s compliance with all of the conditions and post-approval requirements of the Exchange. The Exchange will advise the investing public of developments on the Offer of the Company. For your information and guidance.

Other Relevant Information

The Exchange approved the application of EEI Corporation (“EEI” or the Company”) for the listing of up to 60,000,000 Preferred Shares, subject of the follow-on public offering (the “Offer”) of the Company, at an offer price of Php 100.00 (“Offer Price”) per Offer Share.

The details of the Offer are as follows:

a. Base Offer. 40,000,000 Preferred Shares which is offered to the public on a primary basis; and

b. Oversubscription Option. In the event of oversubscription, the Joint Lead Underwriters and Bookrunners, in consultation with the Company, reserve the right, but do not have the obligation, to increase the Offer Size by up to 20,000,000 Preferred Shares, subject to the registration requirements of the SEC.

The number of issued and outstanding shares indicated in the fields above is on the assumption that the oversubscription option is fully exercised.

Please refer to the attached copy of the signed Offer Terms of the Company’s Series A and Series B Preferred Shares for the details on the Offer Terms and Conditions, as well as the features of the subject Preferred Shares.

Please refer to Circular Nos. C04877-2021 dated July 16, 2021 and C05884-2021 dated August 27, 2021 for the Company’s relevant disclosures relevant to the Series A and Series B Preferred Shares.

The Exchange’s approval of the listing of the EEIPA and EEIPB shares is subject to the Company’s compliance with all of the conditions and post-approval requirements of the Exchange.

The Exchange will advise the investing public of developments on the Offer of the Company.

For your information and guidance.

Filed on behalf by:

Name	Norberto Moreno Jr.
Designation	Listings Department