C05264-2023

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)
Jul 5, 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 Shares 39,677,394,773
11. Indicate the item numbers reported herein
Item 4

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 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Retirement of CFO
Background/Description of the Disclosure

Please be advised that Ms. Maria Corazon G. Dizon will retire as Chief Finance Officer of the Company effective 31 December 2023.

Ms. Dizon has been the Company’s CFO since 15 May 2019. Ms. Dizon has headed various functional units under Finance, including Controllership, Corporate Finance, Treasury, and Risk Management. Her leadership was vital to the Company’s strategic pivot to focus on renewable energy, as well as projects and investments outside the Philippines. Cora was also instrumental in the Company’s well-received debt capital market issuances, including its USD400 million maiden green bonds and most recently, the Company’s issuance of PhP 10 billion maiden peso bonds.

The retirement was announced at the special meeting of the Board of Directors on 5 July 2023. At the same meeting, the Board of Directors appointed Mr. Jonathan P. Back as Chief Finance Officer effective 1 January 2024.

Mr. Back is a banker and lawyer with over 25 years of experience in the legal, investment banking, and private investment sectors with significant experience in equity capital markets, corporate finance, and in advising on large infrastructure, power, and telecom projects.

Mr. Back is currently the Company’s Chief Strategy Officer. Previously, he was a director and Executive Chairman of BPI International Finance Ltd., the Hong Kong banking subsidiary of Bank of the Philippine Islands (BPI) and co-head of Wealth Management and head of international businesses of BPI. He was also a director of BPI Research & Management SPC (a Cayman fund vehicle) and Schools Relief Initiative Ltd., a Hong Kong based charity supporting education in Southern Sri Lanka.

He was previously an Executive Director in Goldman Sachs, Hong Kong (Corporate Finance and Equity Capital Markets) and Managing Director and Head of Asian Equity Capital Markets in JP Morgan, Hong Kong.

Mr. Back holds a Bachelor of Civil Laws degree from the University of Oxford, where he graduated with First Class Honours. He also received first class honours in the solicitors’ final exam.
Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)		 Reason(s) for Resignation/Cessation
Maria Corazon G. Dizon Chief Finance Officer Dec/31/2023 Retirement
Election or Appointment
Name of Person Position/Designation Date of Appointment/Election
(mmm/dd/yyyy)		 Effective Date of Appointment Election
(mmm/dd/yyyy)		 Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Jonathan P. Back Chief Finance Officer July/05/2023 Jan/01/2024 0 0 N/A
Promotion or Change in Designation
Name of Person Position/Designation Date of Approval
(mmm/dd/yyyy)		 Effective Date of Change
(mmm/dd/yyyy)		 Shareholdings in the Listed Company Nature of Indirect Ownership
From To Direct Indirect
- - - - - - - -
Other Relevant Information

Mr. Back’s appointment as CFO effective 1 January 2024 will be concurrent with his position as the Company’s Chief Strategy Officer.
Filed on behalf by:
Name Alan Ascalon
Designation Vice President/Asst. Corporate Secretary