C00176-2025

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)
Jan 14, 2025
2. SEC Identification Number
0000091447
3. BIR Tax Identification No.
000190324000
4. Exact name of issuer as specified in its charter
Semirara Mining and Power Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2/F DMCI Plaza, 2281 Don Chino Roces Avenue, Makati City Postal Code 1231
8. Issuer's telephone number, including area code
632-88883000
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 4,250,547,620
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.

Semirara Mining and Power CorporationSCC

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

SMPC sets record shipments in 2024; sustains maximum production for third straight year

Background/Description of the Disclosure

Integrated energy company Semirara Mining and Power Corporation (SMPC) achieved a historic 16.5 million metric tons (MT) in coal shipments in 2024, surpassing last year’s all-time high of 15.8 million MT.

The surge was predominantly propelled by stronger demand from China and domestic markets.

“For the third consecutive year, we have hit our maximum coal production of 16 million metric tons under our existing Environmental Compliance Certificate (ECC). This milestone underscores the SMPC team’s dedication and commitment to meet rising local and global energy demand,” said SMPC President, Chief Operating Officer, and Chief Sustainability Officer Maria Cristina C. Gotianun.

In 2024, foreign shipments climbed 4 percent to 8.4 million MT, with exports to China increasing by 46 percent to 7.6 million MT.

Domestic shipments also grew by 4 percent to 8.0 million MT driven by increased sales to local cement producers and Calaca power plants.

Notably, 20 percent of the 1.3 million MT sold to cement plants were supplied to associate company Cemex Holdings Philippines Inc. (CHP).

“While we anticipate market prices to further normalize in 2025, we remain focused on strengthening our customer network and enhancing operational efficiencies to effectively support national energy security and meet the growing demand from the industrial and cement sectors,” Gotianun added.

Forward-Looking Statements
This press release contains forward-looking statements, which are subject to risks and uncertainties that may cause actual performance to differ materially from expected results or projections as of the date of this news release. No assurance can be given that the results anticipated by SMPC or indicated by any such forward-looking statements will be achieved.

Other Relevant Information

In accordance with SEC Notice issued on March 17, 2020. Attached herewith is SEC 17-C for your reference

Filed on behalf by:
Name John Sadullo
Designation Vice President - Legal and Corporate Secretary