C08339-2025

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 27, 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
The 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
(02) 8632 8014
9. Former name or former address, if changed since last report
Not Applicable
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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Final Redemption of the PhP7.0 billion 4.875% p.a. Fixed Rate Bonds Due 2025

Background/Description of the Disclosure

Please be informed that the outstanding balance of the PhP7.0 billion 12-Year Bonds due 2025 (the “Bonds”) of Manila Electric Company, amounting to PhP2,867,550,000.00 shall be fully redeemed on its Maturity Date, December 12, 2025, in accordance with the Prospectus and the Terms and Conditions of the Bonds annexed to the Trust Indenture dated November 28, 2013.

It will be recalled that at the time of listing on December 12, 2013, the Bonds had an aggregate principal amount of PhP7.0 billion. On November 12, 2023, some qualified bondholders exercised the Tenth Year Put Option, resulting in the redemption of PhP4,132,450,000.00 of the principal amount.

The Bonds, which bear a fixed interest rate of 4.875% per annum, shall be redeemed at 100% of face value, together with all accrued and unpaid interest up to the Maturity Date through thru the Philippine Depository & Trust Corp. (“PDTC”) as Paying Agent, in the customary manner for payments by the Issuer on the Bonds on the Maturity Date. For clarity, PDTC shall remit the Final Redemption Amount to the designated Cash Settlement Accounts nominated by Bondholders as appearing in the Registry.

Other Relevant Information

Please refer to attached disclosure which also contains the Notice of Redemption.

Filed on behalf by:
Name Jocelyn Villar-Altamira
Designation Vice President and Head, Corporate Governance and Compliance