The PSE makes no representation on the accuracy, validity, correctness and completeness of the information stated in the respective PORs of listed companies. The PSE shall use the information contained in the POR submitted by the company in computing a company's weight in the index and this may be updated or adjusted consistent with the policy of the Exchange in managing the PSEi and sector indices.

Manila Electric CompanyMER

PSE Disclosure Form POR-1 - Public Ownership Report Reference: Amended Rule on Minimum Public Ownership

Report Type

• Monthly
• Quarterly
• Others

Report Date	Dec 31, 2024

Computation of Public Ownership

Number of Issued Common Shares	1,127,271,117
Less: Number of Treasury Common Shares, if any	178,608
Number of Outstanding Common Shares	1,127,092,509

Less :

A. Directors

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Manuel V. Pangilinan	65,000	-	65,000	0.01
Lance Y. Gokongwei	29,313	-	29,313	0
Ray C. Espinosa	66,000	-	66,000	0.01
June Cheryl A. Cabal-Revilla	5,010	-	5,010	0
Lydia B. Echauz	16,100	-	16,100	0
Patrick Henry C. Go	1,677	-	1,677	0
James L. Go	209,450	-	209,450	0.02
Jose Ma. K. Lim	178,910	-	178,910	0.02
Artemio V. Panganiban	32,251	-	32,251	0
Pedro Emilio O. Roxas	1,000	-	1,000	0
Victorico P. Vargas	23,917	-	23,917	0
	628,628	0	628,628	0.06

B. Officers

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Manuel V. Pangilinan*	Same as above	-	Same as above	-
Simeon Ken R. Ferrer	767	-	767	0
Ronnie L. Aperocho	14	-	14	0
Maria Luisa V. Alvendia	-	-	-	0
Edgardo V. Carasig	-	-	-	0
Arnel Paciano D. Casanova	-	-	-	0
Ferdinand O. Geluz	15,877	-	15,877	0
Melanie T. Oteyza	-	-	-	0
William S. Pamintuan	-	-	-	0
Betty C. Siy-Yap	-	-	-	0
Jose Ronald V. Valles	-	-	-	0
Roque D. Bacani	-	-	-	0
Bennette D. Bachoco	-	-	-	0
Redel M. Domingo	-	-	-	0
Charina P. Padua	42,609	-	42,609	0
Raymond B. Ravelo	-	-	-	0
Froilan J. Savet	8,435	-	8,435	0
Francis Euston R. Acero	500	-	500	0
Ireneo B. Acuña	18,355	-	18,355	0
Joseph L. Amosco	5,198	-	5,198	0
Patrick Dave B. Bacani	-	-	-	0
Joseph Allan C. Baltazar	-	-	-	0
Rita D. Bantigue	-	-	-	0
Sante C. Buella	-	-	-	0
Ricardo Carmelo D. Buenafe	6,070	-	6,070	0
Alberto N. Castillo	600	-	600	0
Anthony Matthew N. Co	2,150	-	2,150	0
Ricardo L. Concepcion	-	-	-	0
Ma. Cecilia M. Domingo	1,495	-	1,495	0
Lawrence S. Fernandez	4,500	-	4,500	0
Marvin G. Gonsalves	11,780	-	11,780	0
Danilo R. Ignacio	7,871	-	7,871	0
Jerry B. Lao	-	-	-	0
Ariel G. Lucas	-	-	-	0
Erville D. Magtubo	-	-	-	0
Ralph M. Menchavez	-	-	-	0
Roderick Dennison N. Nacu	31	-	31	0
Noel S. Porciuncula	144	-	144	0
Paul Jayson I. Ramos	-	-	-	0
Jose S. Reyes, Jr.	8,827	-	8,827	0
Glen N. San Pedro	-	-	-	0
Andrew Jason B. Tan	3,000	-	3,000	0
Jeffrey O. Tarayao	-	-	-	0
Marilene P. Tayag	-	-	-	0
Paola Marguerite A. Verayo	-	-	-	0
Maria Zarah R. Villanueva-Castro	-	-	-	0
Jocelyn C. Villar-Altamira	-	-	-	0
Agapito R. Zaldarriaga	10,369	-	10,369	0
Ma. Cynthia C. Soluren	11,575	-	11,575	0
	160,167	0	160,167	0

C. Principal/Substantial Stockholders

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Beacon Electric Asset Holdings, Inc.	394,059,235	-	394,059,235	34.96
JG Summit Holdings, Inc.	297,189,397	-	297,189,397	26.37
Metro Pacific Investments Corp.	140,906,807	-	140,906,807	12.5
	832,155,439	0	832,155,439	73.83

D. Affiliates

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Meralco Industrial Engineering Services Corp.	-	-	-	0
Corporate Information Solutions, Inc.	-	-	-	0
Meralco Energy, Inc.	-	-	-	0
e-Meralco Ventures, Inc.	-	-	-	0
Meralco Financial Services Corp.	-	-	-	0
MPioneer Insurance, Inc.	-	-	-	0
Clark Electric Distribution Corporation	-	-	-	0
Lighthouse Overseas Insurance Limited	-	-	-	0
Meralco PowerGen Corporation	-	-	-	0
Meridian Atlantic Light Co. Ltd.	-	-	-	0
MRail, Inc.	-	-	-	0
Gen. Electric Phils. Meter & Instrument Co., Inc.	-	-	-	0
Indra Philippines, Inc.	-	-	-	0
	0	0	0	0

E. Government

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
None	-	-	-	0
	0	0	0	0

F. Banks

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
None	-	-	-	0
	0	0	0	0

G. Employees

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Board of Administrator - ESOP	489	-	489	0
	489	0	489	0

H. Lock-Up Shares

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
None	-	-	-	0
	0	0	0	0

I. Others

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
None	-	-	-	0
	0	0	0	0

Number of Listed Common Shares	1,127,092,509
Total Number of Non-Public Shares	832,944,723
Total Number of Shares Owned by the Public	294,147,786
Public Ownership Percentage	26.10

Other Relevant Information
Please refer to attached disclosure