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 31, 2025

2. SEC Identification Number

CS201010780

3. BIR Tax Identification No.

007-813-849-000

4. Exact name of issuer as specified in its charter

Citicore Energy REIT Corp.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

11F Rockwell Santolan Town Plaza, 276 Col. Bonny Serrano Avenue, San Juan City Postal Code 1500

8. Issuer's telephone number, including area code

0288265698

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	6,545,454,004

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.

Citicore Energy REIT Corp.CREIT

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
CREIT marks 3rd year of continuous revenue growth posting Php 1.9 Bn in 2024
Background/Description of the Disclosure
Citicore Energy REIT Corp. (CREIT or the “Company”), the country’s first and largest renewable energy REIT, posted 5% higher revenues in 2024 to Php 1.9 billion from Php 1.8 billion from the same period last year. EBITDA also increased 4% to Php 1.8 billion and a 2% increase in net income of Php 1.4 billion compared to same period last year. The performance improvement is due to CREIT’s strong guaranteed base lease supported by the seven properties acquired in 2023. In addition to this, CREIT’s variable lease revenues increase was driven by the combined overperformance of actual versus base generation and higher contract renewal rates. “CREIT’s continued stability in 2024 reflects its resiliency amidst fluctuating market conditions and current challenges faced by traditional REITs. Our operation in a crisis-proof and essential industry has translated to consistent, above-market dividends for our investors in our three years since listing,” said CREIT President and CEO Oliver Tan. In 2024, CREIT’s gross leasable area was maintained at 7.1 million square meters of land – with 5.1 million square meters of value accretive assets as solar farms being built on the land are part of the sponsor’s first gigawatt (GW) in its 5GW in 5 years goal. CREIT's assets are also backed by a 100% occupancy all year-round and a weighted average lease expiry of 20.44 years, assuring its shareholders stable operations and a sustainable income. The Company’s performance in 2024 resulted in a total dividend of Php 0.202/share, compared to Php 0.199/share declared the prior year, or a 6.6% dividend yield based on the closing price of Php 3.05/share on the last trading day of 2024, December 27. Notably, the company has declared its highest dividends to date at Php 0.055 for 4Q 2024. For the third straight year, CREIT paid out 106% of the Company’s distributable income, derived from the guaranteed and variable leases, well-above the 90% required under the REIT Law.
Other Relevant Information
Please refer to the attachment for the full press release.