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)

Dec 12, 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 Sept. 30, 2025)	304,045,697,000.00

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 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Aboitiz Renewables, Inc. (“ARI”), a fully-owned subsidiary of Aboitiz Power Corporation (“AboitizPower”), signs a Deed of Assignment of Shares of Stock for the acquisition of Ubay Solar Corp.
Background/Description of the Disclosure
AboitizPower was informed by ARI that ARI exercised its call option under a Call Option Agreement with Ignis Philippines Development, Inc. for the acquisition of 100% of Ignis’ shares in Ubay Solar Corp. As a result, ARI acquired 100% equity interest in Ubay Solar Corp.

Date of Approval by Board of Directors	Apr 24, 2024

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
Through ARI, AboitizPower is continuously growing its renewable energy portfolio. This acquisition accelerates AboitizPower’s strategic goal to increase its clean energy capacity and solidify its market position as a leader committed to supporting the Philippines’ sustainable energy transition.

Details of the acquisition or disposition

Date	Dec 12, 2025

Manner
Execution of a Deed of Assignment of Shares of Stock
Description of the company to be acquired or sold
Ubay Solar Corp. is developing a greenfield solar power project in the Municipality of Ubay, Province of Bohol, which is expected to reach financial close in 2026 and commercial operations in 2027.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	55,000
Percentage to the total outstanding shares of the company subject of the transaction	100
Price per share	Please see notes under Other Relevant Information

Nature and amount of consideration given or received
The total purchase price is USD 8,545,173.00.
Principle followed in determining the amount of consideration
Negotiated amount between buyer and seller based on financials.
Terms of payment
The payment is milestone based.
Conditions precedent to closing of the transaction, if any
N/A
Any other salient terms
None.

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Ignis Philippines Development, Inc.	None
Ubay Solar Corp.	None

Effect(s) on the business, financial condition and operations of the Issuer, if any
The acquisition is expected to grow AboitizPower’s renewable generation portfolio in the coming years.
Other Relevant Information
The Board of Directors of ARI approved the transaction on April 24, 2024. ARI thereafter signed a Call Option Agreement on January 10, 2025, which granted ARI the option to acquire either 90% or 100% equity interest in Ubay Solar Corp.