C05591-2024

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.

ACEN 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 Preferred Shares Offering

Background/Description of the Disclosure

In compliance with the Notice of Approval dated 5 August 2023 of The Philippine Stock Exchange, Inc. ("PSE") and Section III.A.3. of the Supplemental Listing and Disclosure Requirements for Petroleum and Renewable Energy Companies of the PSE, we submit the attached report of the disbursements made as of 31 July 2024 in connection with the planned use of proceeds from the Company’s Preferred Shares Offering.

Also attached is the external auditor's certification on the accuracy of the Company's report.

Further to the Disbursement of Proceeds and Progress Report for the quarter ended 30 June 2024 under Disclosure Report No. C04692-2024 dated 15 July 2024, the Company has fully applied the net proceeds to the project companies as of 31 July 2024.

Other Relevant Information

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Filed on behalf by:
Name Dodjie Lagazo
Designation General Counsel; Assistant Corporate Secretary; Compliance Officer