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
2,601,499,272
Preferred (Unlisted)
3,563,756,068
11. Indicate the item numbers reported herein
-
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Manila Water Company, Inc.MWC
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
Amendments to Audit Committee and Internal Audit Charters
Background/Description of the Disclosure
Please be informed that on December 15, 2025, our Board of Directors has ratified the Audit Committee’s resolutions approving the amendments to the Company’s Audit Committee and Internal Audit Charters aimed to strengthen governance, transparency, and align with the 2024 Global Internal Auditing Standards (“GIAS”).
For the Audit Committee Charter, new requirements include annual charter reviews, confirmation of safeguards for non-audit roles, escalation processes for disagreements, and explicit approval of a risk-based internal audit plan aligned with organizational strategy. It also mandates reviewing annual quality assurance programs and external reviews every five years.
For the Internal Audit Charter, enhancements include a clear mandate section, governance elements such as private sessions and independence confirmation, and Board approval of key plans and resources. Revisions broaden the purpose and scope to include organization-wide services (IT, fraud, ethics, compliance), unrestricted access, and improved quality assurance practices through ongoing monitoring and periodic external assessments.
Please refer to the enclosed Amended Audit Committee and Internal Audit Charters.