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 9, 2026

2. SEC Identification Number

CS201627300

3. BIR Tax Identification No.

009-468-103

4. Exact name of issuer as specified in its charter

MGEN Renewables Inc.

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

SP New Energy Corporation

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

Items 4 and 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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Results of the Meeting of the Board of Directors dated 9 November 2026
Background/Description of the Disclosure
Please be informed that the Board of Directors of MGEN Renewables Inc. (formerly SP New Energy Corporation) (the “Company”), at its meeting held today, 9 November 2026, approved the following matters and material transactions, among others: 1. Upon the recommendation of the Audit Committee, the issuance of the Unaudited Interim Condensed Consolidated Financial Statements and Management Report of the Company for the quarter ended 30 September 2026, and the appointment of authorized signatories/representatives for the purpose; and 2. Upon the separate recommendations of the Audit Committee and Corporate Governance Committee, the appointment of Ms. Edralin P. Enriquez (“Ms. Enriquez”) as Head of Internal Audit of the Company. Ms. Enriquez is a seasoned audit and assurance professional with more than fifteen (15) years of experience in external audit, financial reporting, governance, risk management, and regulatory compliance. She is a Certified Public Accountant and holds a Bachelor of Science in Accountancy degree, complemented by executive leadership training from the Asian Institute of Management. Prior to joining the Company, Ms. Enriquez served as Assurance Director at PricewaterhouseCoopers Philippines where she led audit and assurance engagements for listed and multinational companies. Her expertise covers International Financial Reporting Standards/Philippine Financial Reporting Standards, technical accounting, corporate governance, risk management, and regulatory compliance. She has also advised boards, audit committees, and senior executives on matters relating to financial reporting, governance, and compliance. In view of the appointment of Ms. Enriquez, the Board of Directors accepted the resignation of Mr. Michael R. Roxas as Interim Head of Internal Audit of the Company, effective immediately.
Other Relevant Information
Please see attached SEC Form 17-C.