AC Energy Corporation announced that at the Organizational Meeting of the Board of Directors held on 19 April 2021 elected Cezar P. Consing as Member of Executive Committee and Audit Committee, Consuelo D. Garcia as Chairman of Personnel and Compensation Committee and Cezar P. Consing and Sherisa P. Nuesa as Member of Personnel and Compensation Committee; Nicole Goh Phaik Khim as Member of Audit Committee, Sherisa P. Nuesa as Chairman of Board Risk and Related Party Transactions Committee, Nicole Goh Phaik Khim and Melinda L. Ocampo as Members of Board Risk and Related Party Transactions Committee, Consuelo D. Garcia as Chairman of Corporate Governance and Nomination Committee, Melinda L. Ocampo and Sherisa P. Nuesa as Members of Corporate Governance and Nomination Committee.