CR00732-2026

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.

SPC Power CorporationSPC

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
1,569,491,900
Less: Number of Treasury
Common Shares, if any
72,940,097
Number of Outstanding
Common Shares
1,496,551,803

Less :

A. Directors
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Alfredo L. Henares 1 21,850,269 21,850,270 1.46
Dennis T. Villareal 6,425,501 10,000,000 16,425,501 1.09
Alberto P. Fenix, Jr. 855,933 0 855,933 0.05
James Roy N. Villareal 274,196 0 274,196 0.01
Francisco L. Viray 1 0 1 0
Sergio R. Ortiz-Luis, Jr. 1 0 1 0
Enrison T. Benedicto 1 0 1 0
Jeon, Yong Su 1 0 1 0
Lee, Sanghun 1 0 1 0
Hong, Sungchul 1 0 1 0
Kim, Kilwon 1 0 1 0
7,555,638 31,850,269 39,405,907 2.61
B. Officers
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Dennis T. Villareal - same as above 0 0 0 0
Alfredo L. Henares - same as above 0 0 0 0
Alberto P. Fenix, Jr. - same as above 0 0 0 0
James Roy N. Villareal - same as above 0 0 0 0
Maria Luz L. Caminero 0 0 0 0
Cesar O. Villegas 330,392 0 330,392 0.02
Nino Ray D. Aguirre 39,300 0 39,300 0
Victor P. Lazatin 0 0 0 0
Mishelle Anne R. Rubio-Aguinaldo 0 0 0 0
369,692 0 369,692 0.02
C. Principal/Substantial Stockholders
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Kepco Philippines Holdings, Inc. 568,098,822 0 568,098,822 37.96
Intrepid Holdings, Inc. 321,905,611 0 321,905,611 21.5
JAD Holdings, Inc. 293,201,397 0 293,201,397 19.59
KV Holdings, Inc. 74,749,847 0 74,749,847 4.99
1,257,955,677 0 1,257,955,677 84.04
D. Affiliates
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
ALH Management, Inc. 21,850,269 0 21,850,269 1.46
21,850,269 0 21,850,269 1.46
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
- 0 0 0 0
0 0 0 0
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
1,569,491,900
Total Number of
Non-Public Shares
1,297,731,276
Total Number of Shares Owned
by the Public
198,820,527
Public Ownership Percentage 13.29
Other Relevant Information

The 21,850,269 direct shares of the affiliate ALH Management, Inc. pertains to the indirect shares of Director Alfredo L. Henares.

Filed on behalf by:
Name Maria Luz Caminero
Designation Senior Vice President, Legal and Regulatory Department