CR00618-2026

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 Water Company, Inc.MWC

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
2,885,795,897
Less: Number of Treasury
Common Shares, if any
284,296,625
Number of Outstanding
Common Shares
2,601,499,272

Less :

A. Directors
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Enrique K. Razon Jr. 100 1,478,049,627 1,478,049,727 56.82
Jose Victor Emmanuel A. de Dios 10 1,279,785 1,279,795 0.05
Donato C. Almeda 1,000 967,935 968,935 0.04
Sandy A. Alipio 200 0 200 0
Katrina Maria S. Razon 100 0 100 0
Sherisa P. Nuesa 1,000 4,188,307 4,189,307 0.15
Octavio Victor R. Espiritu 1,000 188,300 189,300 0.01
Eric Ramon O. Recto 1,000 9,000 10,000 0
Stephen George A. Paradies 100 6,018,000 6,018,100 0.23
Jose Eduardo J. Alarilla 100 0 100 0
4,610 1,490,700,954 1,490,705,564 57.3
B. Officers
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Enrique K. Razon, Jr. (same as above) 100 1,478,049,627 1,478,049,727 56.82
Jose Victor Emmanuel A. de Dios (same as above) 10 1,279,785 1,279,795 0.05
Donato C. Almeda (same as above) 1,000 967,935 968,935 0.04
Roberto Jose R. Locsin 100 1,394,533 1,394,633 0.05
Gigi Iluminada T. Miguel 0 1,063,609 1,063,609 0.04
Amabelle C. Asuncion 0 544,447 544,447 0.02
Arnold Jether A. Mortera 50,000 778,320 828,320 0.03
Melvin John M. Tan 0 108,170 108,170 0
Ana Mari B. Bentilanon 0 60,617 60,617 0
Shoebe Hazel B. Caong 0 200,000 200,000 0.01
Joemar B. Emboltorio 25,000 323,700 348,700 0.01
Evangeline M. Clemente 50,000 401,388 451,388 0.02
Janine T. Carreon 78,000 592,344 670,344 0.03
Nestor Eric T. Sevilla, Jr. 125,000 248,583 373,583 0.01
Jhoana R. Redoloza-Tamayor 0 800 800 0
Valerie R. Tagana 0 0 0 0
Michael M. Mayo 0 0 0 0
Celso C. Tagle III 0 0 0 0
Ninez C. Maningat 0 0 0 0
Mailene M. Cabral 0 0 0 0
Melissa Marcelo Egasani 0 0 0 0
329,210 1,486,013,858 1,486,343,068 57.13
C. Principal/Substantial Stockholders
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Trident Water Company Holdings, Inc. (Same as Enrique K. Razon, Jr.) 1,478,049,627 0 1,478,049,627 56.82
1,478,049,627 0 1,478,049,627 56.82
D. Affiliates
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
- 0 0 0 0
0 0 0 0
E. Government
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
- 0 0 0 0
0 0 0 0
F. Banks
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
- 0 0 0 0
0 0 0 0
G. Employees
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Various Employees 575,690 21,006,296 21,581,986 0.83
575,690 21,006,296 21,581,986 0.83
H. Lock-Up Shares
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
- 0 0 0 0
0 0 0 0
I. Others
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
- 0 0 0 0
0 0 0 0
Number of Listed
Common Shares
2,044,494,601
Total Number of
Non-Public Shares
1,518,332,161
Total Number of Shares Owned
by the Public
1,083,167,111
Public Ownership Percentage 41.64
Other Relevant Information

*The shares indirectly held by Mr. Enrique K. Razon, Jr. are the same shares held by Trident Water Company Holdings, Inc. (Trident). Trident is owned by Prime Infrastructure, Inc. (PII); PII is owned by Prime Infrastructure Capital, Inc. (PICI); PICI is owned by Prime Strategic Holdings, Inc. (PSHI); PSHI is owned by Razon & Co., Inc. (RCI); RCI is 60% owned by Mr. Razon.
**The total of non-public shares is computed as the sum of the shares of the directors, officers, shares held by employees other than directors and officers and ESOWN shares held by employees.
***The public ownership percentage is computed as the total number of common shares held by the public against the total number of issued and outstanding common shares.

Filed on behalf by:
Name Ninez Maningat
Designation Assistant Corporate Secretary