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)

Dec 2, 2024

2. SEC Identification Number

PW-102

3. BIR Tax Identification No.

000-101-528-000

4. Exact name of issuer as specified in its charter

Manila Electric Company

5. Province, country or other jurisdiction of incorporation

The Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Lopez Building, Ortigas Avenue, Barangay Ugong, Pasig City Postal Code 1605

8. Issuer's telephone number, including area code

(02) 8632 8014

9. Former name or former address, if changed since last report

Not Applicable

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	1,127,092,509
Debt Securities (Bonds in Billion PhP)	2.87

11. Indicate the item numbers reported herein

Item 9 (Other Events)

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.

Manila Electric CompanyMER

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of News Article

Source	ManilaStandard.net (Online Edition)
Subject of News Report	MGen plans to convert 2 stranded assets into gas-fired power plants
Date of Publication	Dec 1, 2024

Clarification of News Report
With reference to the subject news article, we would like to clarify that MGEN is actively exploring opportunities to support the Philippines' growing energy demands. As part of this effort, MGEN is evaluating the potential to repurpose its coal assets for alternative uses. Currently, this initiative is in the exploratory phase, and any decision will be made with proper coordination with our partners in RPE and GLEDC and after careful evaluation of feasibility and alignment with national energy goals. We also would like to correct the statement attributed to Mr. Miralao that “both (RPE and GLEDC coal plant projects) are subject to the coal moratorium and can no longer be coal plants”. RPE and GLEDC are not covered by the moratorium as it was in the DOE’s list of committed and indicative projects, respectively, even before the moratorium on coal. We trust that you find the foregoing clarification in order.
Other Relevant Information
Pleaser refer to attached disclosure.