Aboitiz Power : Clarification of News Reports

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) Dec 28, 20212. SEC Identification Number C1998001343. BIR Tax Identification No. 200-652-460-0004. Exact name of issuer as specified in its charter ABOITIZ POWER CORPORATION5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 32nd Street, Bonifacio Global City, Taguig City, Metro Manila, PhilippinesPostal Code16348. Issuer's telephone number, including area code [phone]9. 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 Stock P1 Par Value	7,358,604,307
Amount of Debt Outstanding (As of Sept. 30, 2021)	213,904,836,000.00

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.

Aboitiz Power CorporationAP 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 to the December 27, 2021 manilastandard.net News Article

Source	manilastandard.net
Subject of News Report	ERC clears first unit of GNPower Dinginin
Date of Publication	Dec 27, 2021

Clarification of News Report

Gentlemen: This refers to your letter requesting us to confirm the veracity of the information contained in the manilastandard.net news article dated December 27, 2021 entitled "ERC clears first unit of GNPower Dinginin", the relevant portion of which is quoted hereunder: . . . ." The Energy Regulatory Commission granted GNPower Dinginin Ltd. Co. a certificate of compliance for the first unit of its 724.965-megawatt Dinginin coal plantin Sitio Dinginin, Barangay Alas-Asin, Mariveles, Bataan. 'With the issuance of a COC to GNPD, it can now commercially operate and inject power to the Luzon Grid that will provide the much needed additional power supply to meet the increasing demand for power this holiday season and up to the election period,' said ERC chairperson and chief executive officer Agnes Devanader. GNPD's generation facility is composed of two 668-MW net supercritical coal-fired power plant. Its associated facilities are linked to the Luzon Grid through an interim connection to the Mariveles Substation. The COC granted to GNPD, however, only covers Unit 1, as Unit 2 is still undergoing construction and has completed test and commissioning. . . . ." Undersigned, on behalf of AboitizPower and GNPower Dinginin, welcome the news from ERC. However, we would like to clarify that as of today, December 28, 2021, GNPower Dinginin's representatives and officers have yet to receive a copy of the COC from ERC. GNPower Dinginin will coordinate with ERC on the issuance of the COC document for Unit 1. We trust that you find the foregoing clarification in order. Very truly yours, ABOITIZ POWER CORPORATION By: (SGD.) MAILENE M. DE LA TORRE Assistant Corporate Secretary Cc: PHILIPPINE DEALING & EXCHANGE CORP. Market Regulatory Services Group 29th Floor BDO Equitable Tower 8751 Paseo de Roxas, Makati City 1226 ATTENTION: ATTY. MARIE ROSE M. MAGALLEN-LIRIO Head - Issuer Compliance and Disclosures Department

Other Relevant Information

Please see attached.

Filed on behalf by:

Name	Mailene de la Torre
Designation	Asst. Corporate Secretary