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 17, 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	BusinessWorld (Online Edition)/Daily Tribune (Online Edition)
Subject of News Report	MPIC wants bigger solar energy exposure and Meralco eyes 4.5% growth in energy sales volume for 2025
Date of Publication	Mar 17, 2025

Clarification of News Report
1. Plans for a second Terra Solar project that will be located in Batangas The Company confirms the statement attributed to that it’s Chairman and CEO, Mr. Manuel V. Pangilinan that Meralco Powergen Corporation (MGEN) is currently exploring the possibility of developing a second Terra Solar project and is looking for sufficient land to become the project site but wish to clarify that actual project site will still be determined as this potential project is still in its exploratory stage. 2. Further to MER’s Clarification of News Report disclosure dated March 14, 2025 and in relation to Manuel V. Pangilinan’s confirmation, plans to consolidate MPIC’s renewable energy assets through the backdoor listing of MGreen this year; and The plans to consolidate MPIC’s renewable energy assets refers to the intention of MGEN to conduct an initial public offering of MGreen, which had been previously disclosed. MGEN is still reviewing the feasibility and structure of such a transaction, including compliance with applicable regulatory requirements. 3. The Company’s target to increase its energy sales volume to at least 56,000 gigawatt-hours (GWh) this year. We would like to confirm the statement attributed to our Chief Revenue Officer, Mr. Ferdinand O. Geluz, regarding the target energy sales this year with the clarification that actual results will be properly disclosed as soon as it becomes available. We trust that you find the foregoing clarification in order.
Other Relevant Information
Please refer to attached disclosure.