C01627-2025

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)
Mar 14, 2025
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
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
0286328014
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 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 Report

Source InsiderPH.com
Subject of News Report MVP-backed SPNEC surges 10% as Meralco plans backdoor listing of renewable assets
Date of Publication Mar 13, 2025
Clarification of News Report

We would like to clarify that Meralco Powergen Corporation (MGEN) is currently evaluating the potential initial public offering (IPO) of MGEN Renewable Energy, Inc. (MGreen) which may include the possibility of injecting assets to SPNEC. As part of this review, the MGEN Board has approved the engagement of professional advisors to assist in assessing the feasibility and structure of such a transaction. At this stage, there is no further material information to disclose regarding this matter.

MGEN is a wholly owned subsidiary of Manila Electric Company.

We trust that you find the foregoing clarification in order.

Other Relevant Information

Please refer to attached disclosure.

Filed on behalf by:
Name GESLINE ALMERO
Designation HEAD, FINANCIAL REPORTING