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)

Mar 15, 2024

2. SEC Identification Number

PW-937

3. BIR Tax Identification No.

000-391-438-000

4. Exact name of issuer as specified in its charter

EEI CORPORATION

5. Province, country or other jurisdiction of incorporation

MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

12 Manggahan St., Bagumbayan, Quezon City Postal Code 1110

8. Issuer's telephone number, including area code

(+632) 8-334-2677

9. Former name or former address, if changed since last report

The Issuer has not changed its address since its last report to the Honorable Commission.

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	1,036,281,485
EEIPA	15,000,000
EEIPB	45,000,000

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.

EEI CorporationEEI

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Investment in shares of stock to a new subsidiary to be registered
Background/Description of the Disclosure
The Board of Directors of the Company approved the incorporation of a new wholly owned holding subsidiary and the subscription to PhP500M in shares.

Date of Approval by Board of Directors	Mar 15, 2024

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The wholly owned subsidiary is intended to acquire and hold interest in various potential businesses.

Details of the acquisition or disposition

Date	TBA

Manner
Subscription to shares of stock as at incorporation of the new wholly owned subsidiary.
Description of the company to be acquired or sold
The Company to be registered with the Securities and Exchange Commission will be a holding company intended to acquire and hold interests in various potential business.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	500,000,000
Percentage to the total outstanding shares of the company subject of the transaction	100
Price per share	PhP1.00

Nature and amount of consideration given or received
PhP 500 million in cash representing the total par value of the total shares subscribed.
Principle followed in determining the amount of consideration
The amount of consideration was based on the par value per share multiplied by the total number of shares subscribed.
Terms of payment
The payment for the share subscription shall be in full and deposited to T.I.T.F. Account for the new subsidiary pending approval by the SEC of the registration.
Conditions precedent to closing of the transaction, if any
The closing of the share subscription shall be subject to the approval by the S.E.C. of the application for registration.
Any other salient terms
None.

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
N/A	N/A

Effect(s) on the business, financial condition and operations of the Issuer, if any
The new subsidiary is intended to acquire and hold interests in various potential businesses.
Other Relevant Information
As of to date of this disclosure, there is yet no specific business that the new subsidiary will acquire or hold interest in.