C07760-2025

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)
Nov 6, 2025
2. SEC Identification Number
C199800134
3. BIR Tax Identification No.
200-652-460-000
4. Exact name of issuer as specified in its charter
ABOITIZ POWER CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Ayala Triangle Gardens Tower 2, Paseo de Roxas cor. Makati Ave., Makati City, Metro Manila, Philippines Postal Code 1226
8. Issuer's telephone number, including area code
(02) 8886-2600
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 Stock P1 Par Value 7,205,854,307
Amount of Debt Outstanding (As of June 30, 2025) 291,086,518,000.00
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.

Aboitiz Power CorporationAP

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 to the November 5, 2025 The Philippine Star Article

Source The Philippine Star
Subject of News Report AboitizPower sets P7.6 billion solar expansion in Zambales
Date of Publication Nov 5, 2025
Clarification of News Report

This refers to the letter Aboitiz Power Corporation (the "Company") received from the Philippine Dealing & Exchange Corp. requesting the Company to confirm the veracity of the information contained in The Philippine Star article dated November 5, 2025 entitled “AboitizPower sets P7.6 billion solar expansion in Zambales”, the relevant portion of which is quoted hereunder:

“MANILA, Philippines — Aboitiz Power Corp. is expanding its solar presence in Central Luzon with the planned construction of a P7.6-billion large-scale solar farm in Zambales.

The Olongapo Solar Power Project Phase 2 has a potential capacity of around 179.26 megawatts (MW), AP Renewable Energy Corp. (APREC) said in a filing to the Department of Environment and Natural Resources.

APREC, a subsidiary of Aboitiz Renewables Inc., said the proposed solar project aims to reinforce the country’s power supply and support the government’s energy transition targets.

Spanning across a 228.86-hectare land in Olongapo City, the project site is accessible via the Subic-Clark Tarlac Expressway and located around 70.4 kilometers away from the Clark International Airport.

Based on the project’s indicative timeline, construction is expected to begin as early as April next year, with completion targeted for the third quarter of 2027.

The project’s commercial operation, meanwhile, is scheduled for the first quarter of 2028.

APREC said the multibillion-peso investment for this project would cover detailed engineering studies and designs, site preparation, construction, procurement and other environmental monitoring activities.

xxx xxx xxx”

We confirm that Aboitiz Power Corporation (the “Company”), through its wholly-owned subsidiary Aboitiz Renewables, Inc. (“ARI”), intends to expand its solar presence in Central Luzon. The article refers to standard indicative timelines and elements in the development of solar projects. More information on the project will be disclosed as and when there are material concrete developments.

APREC is a wholly-owned subsidiary of the Company through ARI. ARI serves as the Company’s investment arm for its RE portfolio, which includes geothermal, large hydro, run-of-river hydro, wind, solar, and battery energy storage projects.

Other Relevant Information

Please see attached Aboitiz Power Corporation's response to Philippine Dealing & Exchange Corp.'s letter requesting to clarify the information stated in the November 5, 2025 The Philippine Star article entitled “AboitizPower sets P7.6 billion solar expansion in Zambales”.

Filed on behalf by:
Name Frances Katrina Arsua
Designation Corporate Governance and Legal Operations Manager/Assistant Corporate Secretary