C06850-2026

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)
Sep 15, 2026
2. SEC Identification Number
CS200909233
3. BIR Tax Identification No.
007-315-916
4. Exact name of issuer as specified in its charter
ALTERNERGY HOLDINGS CORPORATION
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Level 3B, 111 Paseo de Roxas Building, Paseo de Roxas Avenue corner Legazpi Street, Legaspi Village, Makati City Postal Code 1229
8. Issuer's telephone number, including area code
+632 8813 4678
9. Former name or former address, if changed since last report
Metro Manila, Philippines
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 3,933,840,480
Perpetual Preferred 1 370,398,637
Perpetual Preferred 2 - Series A 100,000,000
11. Indicate the item numbers reported herein
Item 9 - Other Matters

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.

Alternergy Holdings CorporationALTER

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

Alternergy Holdings Corporation ("ALTER") disposes of its Common shares held in Solar Pacific Pristine Power Inc. ("SPPPI"), in favor of Alternergy Solar Holdings Corporation ("ASHCo")

Background/Description of the Disclosure

In a meeting held on 25 September 2024, the Board of Directors of Alternergy Holdings Corporation ("ALTER") approved the disposition of its Common shares held in special purpose vehicle Solar Pacific Pristine Power Inc. ("SPPPI") in favor of Alternergy Solar Holdings Corporation ("ASHCo"), which company ALTER fully owns as it is the intermediate holding company for its solar project companies. The disposition of shares shall be subject to necessary third party consent, including project lenders.

This disclosure is being AMENDED on 15 September 2026 to reflect the revised Board approval of the change in selling price of the SPPPI shares, pursuant to a valuation report, and following the securing of the project lender's consent to the disposition of shares from ALTER to its intermediate holding company, ASHCo.

Date of Approval by
Board of Directors
Sep 15, 2026
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

Disposition of shares in favor of ASHCo is pursuant to re-organization initiatives for ALTER's solar energy portfolio and align with the existing structures already implemented for ALTER's wind and hydro groups

Details of the acquisition or disposition
Date Sep 15, 2026
Manner

Execution of a Deed of Sale of Shares of Stock

Description of the company to be acquired or sold

Solar Pacific Pristine Power Inc. ("SPPPI") is the project company incorporated in Palau in 2021 for the purpose of developing and operating the Palau solar with battery energy storage system project.

The terms and conditions of the transaction
Number of shares to be acquired or disposed 750,000
Percentage to the total outstanding shares of the company subject of the transaction 10
Price per share 95.20 (for both Preferred "A" & Common "A" Shares)
Nature and amount of consideration given or received

This disclosure is being AMENDED to reflect the updated amount of consideration (following the valuation report) which is PhP 71,400,000.00 in cash

Principle followed in determining the amount of consideration

This disclosure is being AMENDED to reflect that the amount of consideration was determined following a valuation report.

Terms of payment

One-time payment upon execution of transfer documentation.

Conditions precedent to closing of the transaction, if any

NA

Any other salient terms

NA

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
Alternergy Solar Holdings Corporation fully-owned, intermediate holding company for solar assets of ALTER
Effect(s) on the business, financial condition and operations of the Issuer, if any

The sale will make ALTER the indirect owner of the shares of the project company with ASHCo being the intermediate holding company for the group's solar portfolio to align with the existing structures already implemented for ALTER's wind and hydro groups

Other Relevant Information

This disclosure is being AMENDED as set forth in item (6) in the attached SEC Form 17-C.

NOTES:
(1) This disclosure is being AMENDED to reflect the nature of the shares subject of his transaction. The 750,000 shares are broken down as follows:
675,000 Preferred "A" Non-Voting Shares
75,000 Common "A" Shares

Filed on behalf by:
Name Kimberly Rose Pagdilao
Designation Corporate Counsel / Deputy CIO