C05866-2021

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)
Aug 25, 2021
2. SEC Identification Number
39274
3. BIR Tax Identification No.
000-506-020-000
4. Exact name of issuer as specified in its charter
AC Energy Corporation
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
4th Floor, 6750 Office Tower, Ayala Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(02) 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 38,225,838,177
11. Indicate the item numbers reported herein
N/A

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.

AC Energy CorporationACEN

PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Resignation and Appointment of Officer

Background/Description of the Disclosure

Please be advised that the Executive Committee, at its meeting on 25 August 2021, appointed Mr. John Philip S. Orbeta as the Company’s Chief Administrative Officer and Chief Human Resources Officer effective 1 October 2021. Mr. Orbeta will replace Mr. Peter C. Buenaseda as Chief Human Resources Officer.

Mr. Orbeta is currently a director of the Company. He has been a member of the Ayala Corporation Management Committee since May 2005 and the Ayala Group Management Committee since April 2009.

Upon joining Ayala in 2005, he conceptualized and set up the Ayala Group HR Council which helped drive synergy and foster a stronger group identity among Ayala citizens. Under his leadership, the HR Council and its networks has introduced many group-wide projects to drive a stronger group culture and identity.

Into the pandemic, Mr. Orbeta led several group-wide human resource initiatives that focuses on health and well-being of employees including household members. Together with the HR Council and the AC Health team, he put together the testing facility at the Makati Stock Exchange. Currently, he co-leads the Ayala Vaccine and Immunization Program (AVIP).

Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Peter C. Buenaseda Chief Human Resources Officer Sep/30/2021 Personal
Election or Appointment
Name of Person Position/Designation Date of Appointment/Election
(mmm/dd/yyyy)
Effective Date of Appointment Election
(mmm/dd/yyyy)
Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
John Philip S. Orbeta Chief Administrative Officer and Chief Human Resources Officer Aug/25/2021 Oct/01/2021 1 4,162,161 Lodged with PCD Nominee
Promotion or Change in Designation
Name of Person Position/Designation Date of Approval
(mmm/dd/yyyy)
Effective Date of Change
(mmm/dd/yyyy)
Shareholdings in the Listed Company Nature of Indirect Ownership
From To Direct Indirect
- - - - - - - -
Other Relevant Information

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Filed on behalf by:
Name Alan Ascalon
Designation Vice President/ Asst. Corporate Secretary