Remarks C07638-2026

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)
Oct 26, 2026
2. SEC Identification Number
CS201627300
3. BIR Tax Identification No.
009-468-103
4. Exact name of issuer as specified in its charter
SP New Energy Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Rockwell Business Center, Ortigas Avenue, Barangay Ugong, Pasig City, Second District, National Capital Region, Philippines Postal Code 1604
8. Issuer's telephone number, including area code
0284641630
9. Former name or former address, if changed since last report
N.A.
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 50,073,050,000
11. Indicate the item numbers reported herein
Item 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.

SP New Energy CorporationSPNEC

PSE Disclosure Form 4-7 - Change in Corporate Name and/or Stock Symbol References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Change in Corporate Name and Stock Symbol

Background/Description of the Disclosure

On 21 January 2026, the Board of Directors of SP NEW ENERGY CORPORATION (the "Company") voted in favor of changing the (i) corporate name and (ii) stock symbol of the Company, among others.

After further internal discussions, Management proposed new corporate names to replace the current name for adoption by the Company's Board of Directors. During their meeting on 26 March 2026, the Board of Directors voted in favor of replacing "MGEN Renewable Energy Holdings, Inc." with "MGEN Renewables Inc." as the new corporate name of the Company, subject to the approval of the stockholders and the Securities and Exchange Commission ("SEC"). This approval supersedes the previous board approval on the same matter.

On 26 October 2026, the Company received the attached electronic Certificates of Filing of Amended Articles of Incorporation and By-Laws of even date from the Securities and Exchange Commission ("SEC"), which confirm that the SEC has approved the Company's application for corporate name change: from SP New Energy Corporation to MGEN Renewables Inc.

Date of Approval by Board of Directors Mar 26, 2026
Date of Approval by Stockholders May 25, 2026
Date of Approval by Securities and
Exchange Commission
Oct 26, 2026
Previous Corporate Name SP New Energy Corporation
Previous Stock Symbol SPNEC
New Corporate Name MGEN Renewables Inc.
New Stock Symbol MGENR

Procedure(s) for updating stock certificates

Details of Stock Transfer Agent
Name Philippine National Bank - Trust Banking Group, Fiduciary Services Division
Address 3rd Floor, Trust Banking Group, PNB Financial Center, President Diosdado Macapagal Boulevard, Pasay City, Philippines
Contact Person Ms. Joanna Marie L. Aviles
Inclusive dates when the old stock certificates can be replaced
Start Date TBA
End Date TBA
Documentary requirements
Individual Shareholders

Please see attached file labelled "PNB Trust Documentary Requirements and Procedures for Updating of Stock Certificates (as of 26 October 2026).pdf."

Corporate Shareholders

Please see attached file labelled "PNB Trust Documentary Requirements and Procedures for Updating of Stock Certificates (as of 26 October 2026).pdf."

Date of availability of new stock certificates TBA
Procedures in case of lost stock certificates

Please reach out to PNB Trust and look for Mr. Walter Briones and/or Ms. Joanna Marie Aviles:

Trunk Lines - +63 2 8891 6040 to 70 local 4649
Direct Line - +63 2 8573 4649
Facsimile - +63 2 8526 3379

Other Relevant Information

Please see attached SEC Electronic Certificates of Filing of Amended Articles of Incorporation and By-Laws, both dated 26 October 2026.

The issuance of the original SEC Certificates of Filing of Amended Articles of Incorporation and By-Laws is still subject to the post-audit requirements of the SEC. The new stock symbol is pending approval by the Exchange.

Filed on behalf by:
Name Jo Marianni Ocampo-Jalbuena
Designation Corporate Secretary