C00295-2022

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.

AC Energy CorporationACEN

PSE Disclosure Form 4-29 - Disbursement of Proceeds and Progress Report References: Memorandum No. 626 - 2007 dated December 20, 2007
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Disbursements of the proceeds generated from the Company's Follow-On Offering

Background/Description of the Disclosure

In compliance with the Notice of Approval dated 23 April 2021 of the Philippine Stock Exchange, Inc., we submit the attached report of the disbursements made as of 31 December 2021 in connection with the planned use of proceeds from the Company’s Follow-On Offering.

Attached also is SGV's certification on the accuracy of the Company's report.

Other Relevant Information

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Filed on behalf by:
Name Alan Ascalon
Designation Vice President/ Asst. Corporate Secretary