C06095-2024

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)
Sep 18, 2024
2. SEC Identification Number
36359
3. BIR Tax Identification No.
000-438-702-000
4. Exact name of issuer as specified in its charter
BASIC ENERGY CORPORATION
5. Province, country or other jurisdiction of incorporation
MANDALUYONG CITY
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
GM Building, Florida St., Barangay Wack-Wack, Greenhills East, Mandaluyong City Postal Code 1556
8. Issuer's telephone number, including area code
(+63) 7917-8118
9. Former name or former address, if changed since last report
-
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 Shares 14,668,643,064
11. Indicate the item numbers reported herein
Item No. 9

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.

Basic Energy CorporationBSC

PSE Disclosure Form 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of Basic Energy Corporation's Annual Stockholders Meeting - 18 September 2024

Background/Description of the Disclosure

Below disclosure refers to the results of the Annual Stockholder's Meeting of Basic Energy Corporation conducted on September 18, 2024.

List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Oscar L. de Venecia, Jr. 200,000 46,181,330 LODGED WITH BROKER
Manuel Z. Gonzalez 1 0 not applicable
Oscar S. Reyes 10,000 7,500,000 LODGED WITH BROKER
Beatrice Jane L. Ang 1,000 150,944,248 LODGED WITH BROKER
Ramon L. Mapa 268,311 8,504,249 LODGED WITH BROKER
Jaime J. Martirez 0 467,500,000 LODGED WITH BROKER
Ma. Rosette Geraldine L. Oquias 1 0 not applicable
Luisito V. Poblete 10,000 0 not applicable
Kim S. Jacinto-Henares 1 0 not applicable
Andres B. Reyes, Jr. 10,000 0 not applicable
Gil A. Buenaventura 10,000 0 not applicable
External auditor Reyes Tacandong & Co
List of other material resolutions, transactions and corporate actions approved by the stockholders

During the Annual Stockholders’ Meeting of Basic Energy Corporation (the “Company”) held on September 18, 2024, the stockholders approved / ratified the following:

1. Minutes of the Annual Stockholders’ Meeting held on September 20, 2023

2. 2023 President’s Report with highlights of the 2023 Consolidated Audited Financial Statements

3. All acts of the Board of Directors and Management for the term 2023.

4. Election of the following as directors of the Company for 2024-2025:

a. Oscar L. de Venecia, Jr.
b. Manuel Z. Gonzalez
c. Oscar S. Reyes
d. Beatrice Jane L. Ang
e. Ramon L. Mapa
f. Jaime J. Martirez
g. Ma. Rosette Geraldine L. Oquias
h. Luisito V. Poblete
i. Kim S. Jacinto-Henares as Independent Director
j. Andres B. Reyes, Jr. as Independent Director
k. Gil A. Buenaventura as Independent Director

5. Appointment of Reyes Tacandong & Co. as the external auditor for the 2024 financial statements

Other Relevant Information

please refer to attached SEC Form 17-C

Filed on behalf by:
Name Dominique Pascua
Designation Compliance Officer