ACEN Submits Request for SEC Confirmation of Exempt Transaction and PSE Listing Application for an up to P30B SRO

ACEN Corporation, the renewable energy arm of Ayala Corporation, submitted a request for confirmation of exempt transaction to the Securities and Exchange Commission and listing application to the Philippine Stock Exchange for its planned stock rights offering (SRO). This strategic initiative is designed to strengthen ACEN’s capital base, with the primary aim of financing the Company’s expansion plans over the next few years. This is expected to position ACEN to seize multiple growth opportunities while maintaining a solid financial foundation.

The indicative timeline for the SRO is as follows, subject to regulatory approvals and market conditions, among others:

• Pricing Date: 12 August 2025
• Ex-Rights Date: 19 August 2025
• Record Date: 20 August 2025
• Offer Period: 3 September 2025 to 9 September 2025
• Listing Date: 19 September 2025

Shareholders will be informed in due course of any adjustments to these dates as well as details on subscription mechanics.

AC Energy and Infrastructure Corporation and Arran Investment Pte. Ltd. have indicated their support for the SRO and are expected to subscribe to the extent of their respective pro-rata shares, contingent upon the satisfaction of all conditions and final approvals. The Company believes that this reflects not only their confidence in ACEN's strategic direction and growth potential, but also their dedication to the long-term development and success of the platform.

BPI Capital Corporation is serving as the Sole Global Coordinator, Domestic Lead Underwriter, and Joint Bookrunner for the offer. J.P. Morgan Securities plc and UBS AG Singapore Branch are acting as Joint International Underwriters and Joint Bookrunners for the international tranche of the Institutional Offer. PNB Capital and Investment Corporation is acting as the Domestic Co-Lead Underwriter for the Domestic Offer.