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
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 Board of Directors, at its meeting on 18 October 2021, appointed Mr. John Philip S. Orbeta as the Company’s Chief Risk Officer effective 18 October 2021. Mr. Orbeta will replace Ms. Maria Corazon G. Dizon.
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
Maria Corazon G. Dizon
Chief Risk Officer
10/18/2021
Organizational restructuring
Election or Appointment
Name of Person
Position/Designation
Date of Appointment/Election (mmm/dd/yyyy)
Effective Date of Appointment Election (mmm/dd/yyyy)