AC Energy Corporation announced that the Executive Committee, at its meeting on 25 August 2021, appointed Mr. John Philip S. Orbeta as the Company's Chief Administrative Officer and Chief Human Resources Officer effective 1 October 2021. Mr. Orbeta will replace Mr. Peter C. Buenaseda as Chief Human Resources Officer. Mr. Orbeta is currently a director of the Company. He has been a member of the Ayala Corporation Management Committee since May 2005 and the Ayala Group Management Committee since April 2009.