CR00455-2026

The PSE makes no representation on the accuracy, validity, correctness and completeness of the information stated in the respective PORs of listed companies. The PSE shall use the information contained in the POR submitted by the company in computing a company's weight in the index and this may be updated or adjusted consistent with the policy of the Exchange in managing the PSEi and sector indices.

Manila Electric CompanyMER

PSE Disclosure Form POR-1 - Public Ownership Report Reference: Amended Rule on Minimum Public Ownership

Report Type

Report Date Dec 31, 2025
Computation of Public Ownership
Number of Issued
Common Shares
1,127,271,117
Less: Number of Treasury
Common Shares, if any
178,608
Number of Outstanding
Common Shares
1,127,092,509

Less :

A. Directors
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Manuel V. Pangilinan 89,015 8,985 98,000 0.01
Lance Y. Gokongwei 10 34,303 34,313 0
Ray C. Espinosa 41,668 29,332 71,000 0
June Cheryl A. Cabal-Revilla 10,010 0 10,010 0
Lydia B. Echauz 100 21,000 21,100 0
Patrick Henry C. Go 6,677 0 6,677 0
James L. Go 40,010 174,440 214,450 0.02
Jose Ma. K. Lim 5,010 178,900 183,910 0.02
Artemio V. Panganiban 1 37,250 37,251 0
Pedro Emilio O. Roxas 6,000 0 6,000 0
Victorico P. Vargas 100 28,817 28,917 0
198,601 513,027 711,628 0.05
B. Officers
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Manuel V. Pangilinan Same as above - Same as above -
Simeon Ken R. Ferrer 767 - 767 0
Ronnie L. Aperocho 14 - 14 0
Maria Luisa V. Alvendia - - - 0
Edgardo V. Carasig - - - 0
Arnel Paciano D. Casanova - - - 0
Ferdinand O. Geluz 12,877 3,000 15,877 0
Melanie T. Oteyza - - - 0
William S. Pamintuan - - - 0
Betty C. Siy-Yap - - - 0
Jose Ronald V. Valles - - - 0
Roque D. Bacani - - - 0
Bennette D. Bachoco - - - 0
Redel M. Domingo - - - 0
Hans Joachim R. Montenegro - 200 200 0
Charina P. Padua - 42,609 42,609 0
Raymond B. Ravelo - - - 0
Froilan J. Savet 8,435 - 8,435 0
Francis Euston R. Acero - 500 500 0
Ireneo B. Acuña 18,355 - 18,355 0
Joseph L. Amosco 5,198 - 5,198 0
Aldwin Christian C. Ang - 400 400 0
Francis Dino S. Antonio - 1,203 1,203 0
Remigio R. Angeles, Jr. 75 1,000 1,075 0
Patrick Dave B. Bacani - - - 0
Joseph Allan C. Baltazar - - - 0
Christopher Redeemson R. Brocales - - - 0
Sante C. Buella - - - 0
Ricardo Carmelo D. Buenafe - 6,070 6,070 0
Alberto N. Castillo 600 - 600 0
Anthony Matthew N. Co - 2,150 2,150 0
Ma. Cecilia M. Domingo - 1,495 1,495 0
Lawrence S. Fernandez - 4,500 4,500 0
Marvin G. Gonsalves 7,580 4,200 11,780 0
Danilo R. Ignacio 7,871 - 7,871 0
Jerry B. Lao - - - 0
Edeliza T. Lim - - - 0
Ariel G. Lucas - - - 0
Erville D. Magtubo - 20 20 0
Ralph M. Menchavez - - - 0
Roderick Dennison N. Nacu 31 - 31 0
Noel S. Porciuncula 144 - 144 0
Paul Jayson I. Ramos - - - 0
Jose S. Reyes, Jr. 8,727 100 8,827 0
Glen N. San Pedro - - - 0
Andrew Jason B. Tan - 3,000 3,000 0
Jeffrey O. Tarayao - - - 0
Marilene P. Tayag - - - 0
Paola Marguerite A. Verayo - - - 0
Maria Zarah R. Villanueva-Castro - - - 0
Jocelyn C. Villar-Altamira - - - 0
Agapito R. Zaldarriaga 6,858 3,511 10,369 0
77,532 73,958 151,490 0
C. Principal/Substantial Stockholders
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Beacon Electric Asset Holdings, Inc. 394,059,235 - 394,059,235 34.96
JG Summit Holdings, Inc. 297,189,397 - 297,189,397 26.37
Metro Pacific Investments Corp. 140,906,807 - 140,906,807 12.5
832,155,439 0 832,155,439 73.83
D. Affiliates
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Meralco Industrial Engineering Services Corp. - - - 0
Corporate Information Solutions, Inc. - - - 0
Meralco Energy, Inc. - - - 0
e-Meralco Ventures, Inc. - - - 0
Meralco Financial Services Corp. - - - 0
MPioneer Insurance, Inc. - - - 0
Clark Electric Distribution Corporation - - - 0
Lighthouse Overseas Insurance Limited - - - 0
Meralco PowerGen Corporation - - - 0
Meridian Atlantic Light Co. Ltd. - - - 0
MRail, Inc. - - - 0
Gen. Electric Phils. Meter & Instrument Co., Inc. - - - 0
Indra Philippines, Inc. - - - 0
0 0 0 0
E. Government
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
None - - - 0
0 0 0 0
F. Banks
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
None - - - 0
0 0 0 0
G. Employees
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Board of Administrator - ESOP 489 - 489 0
489 0 489 0
H. Lock-Up Shares
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
None - - - 0
0 0 0 0
I. Others
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
None - - - 0
0 0 0 0
Number of Listed
Common Shares
1,127,271,117
Total Number of
Non-Public Shares
833,019,046
Total Number of Shares Owned
by the Public
294,073,463
Public Ownership Percentage 26.09
Other Relevant Information

Please refer to attached disclosure.

Filed on behalf by:
Name GESLINE ALMERO
Designation HEAD, FINANCIAL REPORTING