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 24, 2026

2. SEC Identification Number

36359

3. BIR Tax Identification No.

000-438-702-000

4. Exact name of issuer as specified in its charter

BASIC ENERGY CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

GM Building, Florida St., Barangay Wack-Wack, Greenhills East, Mandaluyong City Postal Code 1556

8. Issuer's telephone number, including area code

79178118

9. Former name or former address, if changed since last report

UB 111 Paseo de Roxas Bldg., Paseo de Roxas Avenue, Legaspi Village, Makati City

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 Shares	14,668,643,064

11. Indicate the item numbers reported herein

Item No. 9

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.

Basic Energy CorporationBSC

PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Amendment 9.24.26 - Reorganization of Committee Membership Results of the Organizational Meeting of the Board of Basic Energy Corporation held July 8, 2026
Background/Description of the Disclosure
Amendment 9.24.26 - After due consideration from the period of July 8, 2026, to September 24, 2026, the Board has approved the reorganization of the Committees membership to further diversify and align with the recommendations provided for under the SEC Code of Corporate Governance for Publicly Listed Companies. The newly elected Board of Directors convened the organizational meeting of the Company wherein they approved, confirmed, and ratified the election/appointment of the Chairman and members of the Board and its various Board Committees, the advisory board and the Company’s officers as outlined below:

List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer

Name of Person	Position/Designation	Shareholdings in the Listed Company		Nature of Indirect Ownership
		Direct	Indirect
OSCAR L. DE VENECIA, JR.	Chief Executive Officer	1,196,666	45,746,330	lodged with broker
LUISITO V. POBLETE	President & COO	10,000	0	not applicable
ALAIN S. PANGAN	Vice President – Finance / Treasurer	0	0	not applicable
DARIUS A. MARASIGAN	Business Development & Risk Management Officer	0	0	not applicable
GWYNETH S. ONG	Corporate Secretary	0	0	not applicable
JANICE L. CO	Assistant Corporate Secretary	0	0	not applicable
DOMINIQUE P. PASCUA	Compliance Officer	0	0	not applicable

List of Committees and Membership

Name of Committees	Members	Position/Designation in Committee
Audit Committee (no change)	Carlos P. Gatmaitan (ID)	Chair
Audit Committee (no change)	Josefina Patricia M. Asirit (ID)	Member
Audit Committee (no change)	Kim S. Jacinto-Henares Kim (ID)	Member
Audit Committee (no change)	Ma. Rosette Geraldine L. Oquias	Member
Audit Committee (no change)	Jaime J. Martirez	Member
Risk Committee	Josefina Patricia M. Asirit (ID)	Chair
Risk Committee	Carlos P. Gatmaitan (ID)	Member
Risk Committee	Kim S. Jacinto-Henares Kim (ID)	Member
Risk Committee	Manuel Z. Gonzalez	Member
Risk Committee (changed)	Alberto Emilio V. Ramos	Member
Nominating Committee	Manuel Z. Gonzalez	Chair
Nominating Committee	Kim S. Jacinto-Henares Kim (ID)	Member
Nominating Committee	Jaime J. Martirez	Member
Nominating Committee (changed)	Beatrice Jane L. Ang	Member
Nominating Committee (changed)	Frank Lloyd C. Gonzaga	Member
Compensation and Remuneration Committee	Alberto Emilio V. Ramos	Chair
Compensation and Remuneration Committee	Beatrice Jane L. Ang	Member
Compensation and Remuneration Committee	Ma. Rosette Geraldine L. Oquias	Member
Compensation and Remuneration Committee	Josefina Patricia M. Asirit (ID)	Member
Compensation and Remuneration Committee (changed)	Frank Lloyd C. Gonzaga	Member
Corporate Governance Committee	Kim S. Jacinto-Henares Kim (ID)	Chair
Corporate Governance Committee	Carlos P. Gatmaitan (ID)	Member
Corporate Governance Committee	Josefina Patricia M. Asirit (ID)	Member
Related Third Party Transaction Committee	Kim S. Jacinto-Henares Kim (ID)	Chair
Related Third Party Transaction Committee	Carlos P. Gatmaitan (ID)	Member
Related Third Party Transaction Committee	Jaime J. Martirez	Member
Related Third Party Transaction Committee	Alberto Emilio V. Ramos	Member
Related Third Party Transaction Committee (changed)	Beatrice Jane L. Ang	Member
Advisory Board (no change)	Ramon F. Villavicencio	Member
Advisory Board (no change)	Francis Chua	Member
Advisory Board (no change)	Reynaldo Casas	Member
Advisory Board (no change)	Jose P. De Venecia III	Member
Advisory Board (no change)	Gabriel Singson, Jr.	Member
Proxy Validation Committee	Ma. Rosette Geraldine L. Oquias (changed)	Chair
Proxy Validation Committee	Josefina Patricia A. Magpale-Asirit (ID) (changed)	Member
Proxy Validation Committee	Gwyneth S. Ong	Member

List of other material resolutions, transactions and corporate actions approved by the Board of Directors
none
Other Relevant Information
Amendment 9.24.26 Please refer to attached SEC Form 17-C reflecting reorganization of committee memberships; Note: committee membership for Corporate Governance Committee was reduced from five (5) members to three (3)