C07029-2023

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)
Sep 21, 2023
2. SEC Identification Number
175222
3. BIR Tax Identification No.
242-603-734-000
4. Exact name of issuer as specified in its charter
Vivant Corporation
5. Province, country or other jurisdiction of incorporation
Mandaluyong City
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
9th Floor, Oakridge IT Center 3, Oakridge Business Park, A.S. Fortuna Street, Barangay Banilad, Mandaue City, Cebu Postal Code 6014
8. Issuer's telephone number, including area code
(032) 234-2256; (032) 234-2285
9. Former name or former address, if changed since last report
Not applicable
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 1,023,456,698
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.

Vivant CorporationVVT

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification of News Report appearing in Manila Bulletin (Online Edition)
Source Manila Bulletin (Online Edition)
Subject of News Report Vivant unit to complete P2-B Mactan desalination plant by December
Date of Publication Sep 21, 2023
Clarification of News Report

We write with respect to the attached news article entitled “Vivant unit to complete P2-B Mactan desalination plant by December” posted in Manila Bulletin (online edition) on September 21, 2023, which reported that:

"Isla Mactan-Cordova Corporation (IMCC), a wholly-owned subsidiary of Vivant Hydrocore Holdings Inc., is set to complete the country’s first utility-scale seawater desalination project in Cordova, Mactan by December this year.

In a statement, parent company Vivant Corporation said the P2-billion desalination plant, which can generate 20 million liters a day of potable water in the first phase, will be operated and managed by IMCC which was awarded a 25-year contract to supply desalinated water to the Metropolitan Cebu Water District (MCWD).

IMCC President and CEO Jess Anthony Garcia pointed out that 20 million liters a day is equivalent to the average daily consumption of 20,000 Filipino households.

He said that the generation capacity of the plant, which is expected to begin commercial operations early next year, can be expanded to 50 million liters a day.

The project, which is now 70 percent complete, will begin installing key components for the state-of-the-art seawater reverse osmosis (SWRO) technology.
Reverse osmosis is a globally utilized technology to remove salt from the seawater and produce drinking water. The project aims to address the gap between water demand and supply while allowing severely extracted groundwater aquifers to replenish naturally.
Plant construction on the project site which was provided through a partnership with the Municipal Government of Cordova, is being undertaken by Watermatic Philippines (WMP), a joint venture company of Vivant Corporation and WaterMatic International of Israel. Israel is a world leader in water production, conservation, and technology.

The desalination plant is seen as a step towards a water-secure Philippines and will be instrumental in helping Mactan’s continued growth and development while addressing insufficient access to drinking water.

The future seawater desalination plant will also reduce the health risks among Cebuanos which are associated with unclean and inadequate water supply."
We confirm that IMCC a wholly owned subsidiary of Vivant Hydrocore Holdings Inc. (VHHI), unveiled initial civil and engineering works in preparation for the installation and eventual operation of a utility scale desalination plant that is aimed at augmenting the limited bulk water supply of MCWD targeted at twenty thousand cubic meters (20,000 cu.m) per day of treated and potable water. This is pursuant to the notice of award given by the MCWD to VHHI of a twenty-five (25)-year Bulk Water Supply Agreement.

Currently, the financial and business impact of the said project are still under consideration. We will make the relevant disclosures upon the occurrence of any disclosable event concerning the project.

We trust that we have clarified the matter for the interest of the trading participants and the investing public.
Other Relevant Information

None
Filed on behalf by:
Name Joan Baron
Designation Assistant Corporate Secretary