C04301-2023

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)
May 30, 2023
2. SEC Identification Number
PW-102
3. BIR Tax Identification No.
000-101-528-000
4. Exact name of issuer as specified in its charter
Manila Electric Company
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Lopez Building, Ortigas Avenue, Barangay Ugong, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
(02) 8632-8014
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 Stock 1,127,098,705
Debt Securities (Bonds in Billion PhP)
7
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.

Manila Electric CompanyMER

PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of the 2023 Organizational meeting of the Board of Directors.

Background/Description of the Disclosure

Immediately after the Annual Meeting of the Stockholders', the Board of Directors of the Company held its Organizational meeting.

List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person Position/Designation Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Manuel Velez Pangilinan President and Chief Executive Officer (CEO) 55,000 - N/A
Simeon Ken Rigor Ferrer Corporate Secretary 767 - N/A
Ronnie Leguro Aperocho
Senior Vice President (SVP) and Head, Networks 14 - N/A
William Samson Pamintuan SVP, Chief Legal Counsel, Assistant Corporate Secretary, Compliance Officer, Head, Legal and Corporate Governance Office - - N/A
Betty Cheng Siy-Yap SVP and Chief Finance Officer - - N/A
Maria Luisa Vargas Alvendia First Vice President (FVP), Chief of Staff of the President and CEO and Supply Chain Advisor - - N/A
Roque Dayson Bacani FVP and Head, Information, Communications, Technology and Transformation, Acting Chief Information Security Officer - - N/A
Edgardo Valerio Carasig
FVP and Head, Human Resources and Corporate Services - - N/A
Ferdinand Orcullo Geluz
FVP and Chief Commercial Officer, Customer Retail Services 15,877 - N/A
Melanie Tolentino Oteyza FVP and Chief Audit Executive - - N/A
Ross Raymond Borromeo Ravelo FVP, Chief Sustainability Officer and Head, Strategic Business Development Office - - N/A
Jose Ronald Villa Valles FVP and Head, Regulatory Management Office - - N/A
Antonio Mano Abuel, Jr. Vice President (VP) and Head, Facilities, Safety, and Security Management 7,927 - N/A
Francis Euston Ranullo Acero
VP and Data Privacy Officer 500 - N/A
Ireneo Bonifacio Acuña VP and Head, Electric Distribution Development Group 18,355 - N/A
Joseph De Lumen Amosco
VP and Head, Energy Management 5,198 - N/A
Patrick Dave Betia Bacani VP and Head, Sustainability Programs, Reporting and Partnership - - N/A
Bennette Daplas Bachoco
VP and Head, Financial Planning and Reporting - - N/A
Joseph Allan Conception Baltazar VP and Head, South Distribution Services - - N/A
Rita Ditangco Bantigue
VP and Head, HR Business Partner for Subsidiaries - - N/A
Sante Cortezano Buella VP and Head, Central Distribution Services - - N/A
Ricardo Carmelo De Guzman Buenafe VP and Head, Regulatory Compliance 5,070 - N/A
Alberto Nicolas Castillo VP and Head, Sub-Transmission Services 600 - N/A
Maria Zarah Ranga Villanueva-Castro VP and Head, Corporate Legal Services - - N/A
Ricardo Lacsamana Concepcion VP and Head, Employee and Labor Relations - - N/A
Maria Cecilia Mariano Domingo VP and Head, Enterprise and National Government 1,495 - N/A
Lawrence Sison Fernandez VP and Head, Utility Economics 4,500 - N/A
Marvin Gallinero Gonsalves
VP and Head, Revenue Assurance and Metering Services 11,780 - N/A
Jerry Briones Lao VP and Head, Networks Project Portfolio Management - - N/A
Erville De Dios Magtubo
VP and Head, Customer Care Group - - N/A
Roderick Dennison Navarro Nacu VP and Head, Tariff Management 31 - N/A
Charina Pablo Padua VP and Head, Commercial Operations 42,609 - N/A
Jose Santos Reyes, Jr. VP and Head, Network Technology and Asset Management 8,827 - N/A
Glen Natividad San Pedro VP and Head, Supply Chain Management - - N/A
Froilan Jusayan Savet
VP and Head, Network Planning and Design 8,435 - N/A
Jeffrey Ochoa Tarayao
VP and Chief Corporate Social Responsibility Officer - - N/A
Agapito Del Rosario Zaldarriaga
VP and Head, Corporate Communications 10,369 - N/A
Ma. Cynthia Caridad Soluren Senior Assistant Vice President, Interim Treasurer and Head, Treasury-Distribution Utility 11,575 - N/A
List of Committees and Membership
Name of Committees Members Position/Designation in Committee
Executive Committee Manuel V. Pangilinan Chair
Executive Committee Lance Y. Gokongwei Vice-Chair
Executive Committee James L. Go Member
Executive Committee Jose Ma. K. Lim Member
Executive Committee Artemio V. Panganiban (ID) Member
Finance Committee Jose Ma. K. Lim Chair
Finance Committee June Cheryl A. Cabal-Revilla Member
Finance Committee Lydia B. Echauz (ID)
Member
Finance Committee James L. Go Member
Finance Committee Lance Y. Gokongwei Member
Finance Committee Pedro Emilio O. Roxas (ID) Member
Finance Committee Victorico P. Vargas
Member
Nomination and Governance Committee Pedro Emilio O. Roxas (ID) Chair
Nomination and Governance Committee June Cheryl A. Cabal-Revilla Member
Nomination and Governance Committee Lydia B. Echauz (ID)
Member
Nomination and Governance Committee James L. Go Member
Nomination and Governance Committee Frederick D. Go Member
Nomination and Governance Committee Jose Ma. K. Lim Member
Audit Committee Artemio V. Panganiban (ID) Chair
Audit Committee June Cheryl A. Cabal-Revilla Member
Audit Committee Lydia B. Echauz (ID)
Member
Audit Committee James L. Go Member
Audit Committee Frederick D. Go Member
Audit Committee Jose Ma. K. Lim Member
Audit Committee Pedro Emilio O. Roxas (ID) Member
Remuneration and Leadership Development Committee Manuel V. Pangilinan Chair
Remuneration and Leadership Development Committee Lance Y. Gokongwei Member
Remuneration and Leadership Development Committee Pedro Emilio O. Roxas (ID) Member
Remuneration and Leadership Development Committee Victorico P. Vargas
Member
Risk Management Committee Frederick D. Go Chair
Risk Management Committee Ray C. Espinosa Member
Risk Management Committee James L. Go Member
Risk Management Committee Jose Ma. K. Lim Member
Risk Management Committee Artemio V. Panganiban (ID) Member
Risk Management Committee Pedro Emilio O. Roxas (ID) Member
Related Party Transactions Committee Pedro Emilio O. Roxas (ID) Chair
Related Party Transactions Committee Ray C. Espinosa Member
Related Party Transactions Committee James L. Go Member
Related Party Transactions Committee Frederick D. Go Member
Related Party Transactions Committee Jose Ma. K. Lim Member
Related Party Transactions Committee Artemio V. Panganiban (ID) Member
Sustainability Committee Manuel V. Pangilinan Chair
Sustainability Committee Lance Y. Gokongwei Member
Sustainability Committee Frederick D. Go Member
Sustainability Committee June Cheryl A. Cabal-Revilla Member
Sustainability Committee Pedro Emilio O. Roxas (ID) Member
Sustainability Committee Ross Raymond B. Ravelo Non-voting
List of other material resolutions, transactions and corporate actions approved by the Board of Directors

Please refer to attached disclosure.

Other Relevant Information

All direct shareholdings held by the above-named officers are Common Shares.

Filed on behalf by:
Name Jocelyn Villar-Altamira
Designation Assistant Vice President and Head, Corporate Governance and Compliance