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) Mar 1, 20222. SEC Identification Number CS2006044943. BIR Tax Identification No. 244-520-457-0004. Exact name of issuer as specified in its charter Metro Pacific Investments Corporation5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 10F MGO Building, Legazpi cor. de la Rosa Sts., Legazpi Vill., Makati CityPostal Code07218. Issuer's telephone number, including area code (632) 888808889. Former name or former address, if changed since last report N/A10. 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 of Stock 29,979,487,752
11. Indicate the item numbers reported herein 9

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Metro Pacific Investments CorporationMPI PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure

Clarification of News Report

Source manilatimes.net
Subject of News Report Maynilad penalized for water service interruption
Date of Publication Mar 1, 2022
Clarification of News Report

We write with respect to the attached article entitled "Maynilad penalized for WSI" posted in manilatimes.net on March 1, 2022. In the said article it was reported in part that:

"MAYNILAD Water Services, Inc. (Maynilad) has been penalized for its unusual and prolonged water service interruptions (WSI), a government regulatory authority announced yesterday.

In its public advisory posted on Twitter, the Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS RO) said it has resolved to impose financial penalty on Maynilad, through RO Resolution 2022-02-CA.

The penalty was attributable to the failure of Maynilad Putatan Water Treatment Plants (PWTP) in Muntinlupa City to provide service from December 2021 to February 2022.

. . . ."

Maynilad Water Services, Inc. ("Maynilad") received information that it will be penalized by the MWSS Regulatory Office ("MWSS RO") for service interruptions in the southern part of its concession area, but Maynilad has not yet received formal notice indicating the amount of the penalty that will be imposed. Nevertheless, Maynilad released a statement yesterday that it will abide by the MWSS RO's decision to impose a penalty for the service interruptions, which was brought about by the combined effect of algal blooms and prolonged turbidity in the Laguna Lake, and which hampered the water production in Maynilad's Putatan Water Treatment Plants. Maynilad also announced that its water service in the southern part of its concession area has already been ramping up over the last few days following the improvements in the turbidity of the Laguna Lake and the treatment interventions introduced by Maynilad. Finally, Maynilad emphasized the need to take more aggressive steps to protect the Laguna Lake which provides approximately 8% of Maynilad's raw water supply, and its willingness to continue working closely with all stakeholders of the Laguna Lake to ensure that it will continue to be a viable water source for Metro Manila.

We hope to have clarified the quoted news article in the interest of the trading participants and the investing public.

Other Relevant Information

None.

Filed on behalf by:
Name CAMILLE ANNE SAPNU
Designation SENIOR LEGAL SPECIALIST

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Metro Pacific Investments Corp. published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 04:27:04 UTC.