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)

Nov 5, 2026

2. SEC Identification Number

39274

3. BIR Tax Identification No.

000-506-020-000

4. Exact name of issuer as specified in its charter

ACEN CORPORATION

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

35th Floor Ayala Triangle Gardens Tower 2, Paseo de Roxas corner Makati Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

(632) 7730 6300

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 Shares	39,969,736,051
Series A Preferred Shares	8,341,500
Series B Preferred Shares	16,658,500

11. Indicate the item numbers reported herein

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.

ACEN CORPORATIONACEN

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
ACEN Subscription to Shares in ACEN Operations Services, Inc.
Background/Description of the Disclosure
ACEN CORPORATION ("ACEN") entered into a Subscription Agreement with its wholly owned subsidiary, ACEN Operations Services Inc. (“ACEN Ops”), for the subscription to (a) 3,525,000 common shares at a par value of Php1.00 per share; and (b) 31,725,000 redeemable preferred shares at a par value of Php1.00 per share or a total subscription price of Php 35,250,000.00 (“Subscription Price”), to be issued from the unissued capital stock of ACEN Ops.

Date of Approval by Board of Directors	Oct 7, 2024

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The subscription is pursuant to a committed funding by ACEN to ACEN Ops, its wholly-owned subsidiary, to enable ACEN Ops’ provision of management, technical, administrative, and support services for the operation, maintenance, performance, and regulatory compliance of ACEN’s Philippine power generation and energy storage assets.

Details of the acquisition or disposition

Date	Nov 5, 2026

Manner
Subscription to common shares and redeemable preferred shares.
Description of the company to be acquired or sold
ACEN Ops provides management, technical, administrative and support related services for the operation and maintenance of ACEN’s Philippine operating companies.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	As mentioned above
Percentage to the total outstanding shares of the company subject of the transaction	56%
Price per share	Php1.00 per share

Nature and amount of consideration given or received
The subscription price will be paid in cash.
Principle followed in determining the amount of consideration
Subscription at par value of Php 1.00 per share.
Terms of payment
Cash
Conditions precedent to closing of the transaction, if any
None.
Any other salient terms
None.

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
ACEN Operations Services, Inc.	A wholly owned subsidiary of ACEN CORPORATION

Effect(s) on the business, financial condition and operations of the Issuer, if any
Additional investment in a wholly owned subsidiary.
Other Relevant Information
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