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)

May 18, 2023

2. SEC Identification Number

39274

3. BIR Tax Identification No.

000-506-020-000

4. Exact name of issuer as specified in its charter

ACEN CORPORATION

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

35th Floor, Ayala Triangle Gardens Tower 2, Paseo de Roxas corner Makati 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	39,677,394,773

11. Indicate the item numbers reported herein

Item 9 - Other Events

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.

ACEN CORPORATIONACEN

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Matters approved at the second regular board meeting held today, 18 May 2023, in person at the ACEN Board Room, 35th Floor, Ayala Triangle Gardens Tower 2, Paseo de Roxas corner Makati Avenue, Makati City and via video conferencing
Background/Description of the Disclosure
1. Authorizations for the administration of the PHINMA Retirement Plan (the “PHINMA Plan”) with respect to remaining contributions of employees of the Corporation who were absorbed by the Corporation from PHINMA 2. Amendment of the PHINMA Plan rules to remove the Corporation from the list of member companies 3. Execution and availment of credit facilities with China Banking Corporation of up to Php 5 billion 4. Execution and availment of omnibus credit lines with Mitsubishi UFJ Financial Group (MUFG) of up to USD 50 million 5. Investment management policy guidelines and trading limits 6. Approval in principle of the increase in transmission line investments to support the Corporation’s Zambales solar projects, and delegation of authority to the Executive Committee to approve the final investment details
Other Relevant Information
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