C06345-2024

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)
Oct 2, 2024
2. SEC Identification Number
CS201308147
3. BIR Tax Identification No.
008-521-690
4. Exact name of issuer as specified in its charter
RASLAG CORP.
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
1210 Robinsons Equitable Tower, ADB Ave. cor. Poveda St., Ortigas Center, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
(02) 8636-6486
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 shares 1,500,000,000
11. Indicate the item numbers reported herein
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.

Raslag Corp.ASLAG

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

ENERGIZATION OF RASLAG-4
Background/Description of the Disclosure

Please be informed that the Raslag-4 Solar Power Plant Project of RASLAG CORP. (“ASLAG”) has started its testing and commissioning phase today. This is ASLAG’s fourth and largest operating power plant to date, with a capacity of 36.646 MWp (26.4 MWac), and is located at San Pablo, Magalang, Pampanga.

The above milestone commenced after ASLAG’s receipt from the National Grid Corporation of the Philippines (NGCP) of the Provisional Approval To Connect for the energization of the Raslag-4 solar power plant project, approving in effect the connection of ASLAG’s User System to the Grid for feedback power purposes, subject to certain conditions. Another Provisional Approval To Connect is expected to be received anytime soon, as generator customer.

Given the foregoing and with the anticipated full commercial operations of Raslag-4, the plant is expected to generate 11.7 gigawatt-hours (GWh), 52.9 GWh, and 52.6 GWh for 2024, 2025, and 2026, respectively. Translated into sales in peso, the plant is expected to contribute ₱57.5 Million, ₱284.8 Million, and ₱282.0 Million, in 2024, 2025, and 2026, respectively. A full-year operation of the plant can power 22,000 households per year, assuming a monthly consumption of 200 kilowatt-hours (kWh) per household. The projected Wholesale Electricity Spot Market (WESM) prices are based on ASLAG’s internal estimation of price movements.

The table summarizing relevant forecasted data is shown below.

Year/ Sales (in kWh)/ Sales (in Peso)/ Projected Ave. WESM Price
1. 4th quarter 2024/ 11,724,000/ 57,494,766.15/ 4.90
2. 2025/ 52,853,380/ 284,844,302.17/ 5.39
3. 2026/ 52,589,113/ 282,002,980.25/ 5.36
Other Relevant Information

Please see attachment for photographs and more information.


FORWARD LOOKING STATEMENT.

This report contains forward-looking statements based on current expectations of future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements are subject to risks and uncertainties that may change at any time; hence, ASLAG’S actual results may differ materially from those expressed in any such statements. The forward-looking statements are made only as of the date hereof, and ASLAG assumes no obligation to update such forward- looking statements as a result of new information, future events, or other circumstances.
Filed on behalf by:
Name Lyra Gracia Lipae-Fabella
Designation Investor Relations and Compliance Officer