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)

Jul 29, 2021

2. SEC Identification Number

C199800134

3. BIR Tax Identification No.

200-652-460-000

4. Exact name of issuer as specified in its charter

ABOITIZ POWER CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634

8. Issuer's telephone number, including area code

(02) 8886-2800

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 Stock P1 Par Value	7,358,604,307
Amount of Debt Outstanding (As of Mar. 31, 2021)	234,782,470,000.00

11. Indicate the item numbers reported herein

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.

Aboitiz Power CorporationAP

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
Matters Approved by the Board in its Regular Board Meeting dated July 29, 2021
Background/Description of the Disclosure
During its regular meeting held today, the Board of Directors of Aboitiz Power Corporation (the “Company”) approved the following: 1) Changes in the membership of the Company’s Board Cybersecurity Committee, effective immediately; 2) Revisions to the following governance policies to align with international best practices and promote the Company’s Environmental, Social, and Governance (ESG) efforts: a. Code of Ethics and Business Conduct to (i) incorporate the Group’s commitment to sustainable practices in the conduct of its businesses, and (ii) reinforce the Group’s commitment to its stakeholders by enhancing provisions on improper gifts and benefits, anti-bribery and corruption, international trade compliance, and anti-money laundering. b. Whistleblowing Policy, to further encourage Team Members, Third Parties and Business Partners to report non-compliance with and violations of the Company’s Code of Ethics and Business Conduct and related Company policies and guidelines. The revised policies will be uploaded to the Company’s website. 3) Exercise the Company’s early redemption option in September 2021 and prepay its outstanding twelve-year fixed-rate retail bonds issued in September 2014, with a fixed interest rate of 6.1000% per annum, in the amount of PESOS: Three Billion Four Hundred Million (Php3,400,000,000.00) (the “2014 Series B Bonds”). The Company will be using its existing cash and a portion of the proceeds from the retail bonds it issued earlier this year to fund the prepayment of the 2014 Series B Bonds. AboitizPower is coordinating with both BPI Asset Management and Trust Group and the Philippine Depository and Trust Corp. (PDTC), the Trustee, and Registrar and Paying Agent, respectively, for the corresponding notices and computation of the amounts due to the bondholders of the 2014 Series Bonds.
Other Relevant Information
N/A