Solar Philippines Nueva Ecija : Update on Corporate Actions/Material Transactions/Agreements

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 7, 20222. SEC Identification Number CS2016273003. BIR Tax Identification No. 009-468-1034. Exact name of issuer as specified in its charter Solar Philippines Nueva Ecija Corporation5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 20th Floor Philamlife Tower, 8767 Paseo De Roxas, Barangay Bel-Air, Makati CityPostal Code12268. Issuer's telephone number, including area code [phone]. 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	8,124,350,005

11. Indicate the item numbers reported herein Item 9 - Other Items

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.

Solar Philippines Nueva Ecija CorporationSPNEC PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure

Stock Rights Offering (SRO) of Solar Philippines Nueva Ecija Corporation (SPNEC)

Background/Description of the Disclosure

Pursuant to SPNEC's planned SRO, the preliminary prospectus filed with the Securities and Exchange Commission (SEC) and Philippine Stock Exchange (PSE) may be accessed at https://solarnuevaecija.ph/investor-relations/sro-prospectus/. Please note the final terms of the SRO are subject to approvals from the SEC and PSE, and the process leading up to the conduct of the SRO. SPNEC wishes to reiterate its commitment to conduct an SRO, as part of its plan to issue to the public at least 5.12 billion shares, resulting in an over 20% public float, in light of its asset-for-share swap. SPNEC plans to provide further updates on the developments of its projects over the coming weeks, ahead of the conduct of its SRO.

Other Relevant Information

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Filed on behalf by:

Name	Hazel Iris Lafuente
Designation	Director, Treasurer, Assistant Corporate Secretary, Head of Community Development and Chief Information Officer