C04399-2023

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)
Jun 2, 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, Barangay Banilad, Mandaue City, Cebu Postal Code 6014
8. Issuer's telephone number, including area code
(032) 234-2245; (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 4-30 - 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

Acquisition of additional shares in subsidiaries by a wholly-owned subsidiary of Vivant Corporation.
Background/Description of the Disclosure

Vivant Energy, a wholly owned subsidiary of publicly listed Vivant Corporation, is set to acquire the shares of partner Gigawatt Power Inc. in companies that own power plants primarily in off-grid areas.
Gigawatt Power Inc. owns 50% in Delta P Inc., Calamian Islands Power Corporation (CIPC), La Pampanga Energy Corporation (LPEC) and Culna Renewable Energy Corporation (CREC) as well as 35% in Isla Norte Power Corporation (Isla Norte).
The acquisition expands Vivant Energy’s investment in SPUG to 63.3 megawatts (MW) in attributable installed capacity from 35.2MW.

Delta P owns a 31.1-MW bunker-fired power plant in Puerto Princesa City, Palawan. CIPC owns a 7.35- MW bunker-fired power plant in Coron and a 0.91-MW diesel power plant in Busuanga. Isla Norte operates a 23.3-MW diesel power plant in Bantayan Island, Cebu. LPEC will develop a 16.4-MW power plant in Porac, Pampanga while CREC will develop a hybrid power plant (combining solar, battery and diesel) in the islands of Culion and Linapacan in Palawan.
Other Relevant Information

According to Vivant Energy CEO, Arlo A. G. Sarmiento, "one of our goals is to be the market leader in SPUG. But, over and above achieving that goal, this acquisition ties in with our Environment, Social and Governance (ESG) commitments – underserved or off- grid areas such as Coron, Bantayan, and Puerto Princesa, need stable and reliable power to drive local business growth. We see ourselves as a strategic sustainability partner fueling our host communities' social and economic development especially in areas like tourism, education, and eventually, being instrumental in opening the door of opportunities for more industries.”

Moreover, according to Vivant Energy President and COO, Emil Andre M. Garcia “this investment is aligned with our goal to strengthen our contribution to energy security. We will continue to look for opportunities to support sustainable development, especially in off-grid areas and communities where having reliable and stable power is crucial to social and economic development."

Vivant Energy holds Vivant Corporation’s investments in energy generation, retail electricity supply and energy-related engineering solutions in Luzon, the Visayas and Mindanao.
Filed on behalf by:
Name Catherine Bringas
Designation Senior Assistant Vice President