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 23, 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 4-30 - 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
PCC approves LNG Deal between MGEN, AP, and SMGP
Background/Description of the Disclosure
Please be informed that the Philippine Competition Commission (PCC) has approved the joint acquisition of power facilities and a liquified natural gas (LNG) terminal by Meralco PowerGen Corporation (“MGEN”), Therma Natgas Power Inc. (“Therma”), and San Miguel Global Power Holdings Corp. (“San Miguel Power”). The transaction involves MGEN and Therma, through their joint venture Chromite Gas Holdings Inc. (Chromite), acquiring a 67% equity interest in South Premiere Power Corp. (SPPC), Excellent Energy Resources Inc. (EERI), and Ilijan Primeline Industrial Estate Corp. In addition, MGEN and Therma, through Chromite, along with San Miguel Power, will jointly acquire approximately 100% of Linseed Field Corp. (LFC), which operates the LNG terminal in Batangas City. As a result of these acquisitions, MGEN and Therma, through their 60/40 ownership of Chromite, will control 67% of SPPC, EERI, and Ilijan Primeline, while San Miguel Power retains a 33% stake in these three entities and gains a corresponding interest in LFC. MGEN is a wholly-owned subsidiary of Manila Electric Company.
Other Relevant Information
Please refer to attached disclosure.