The Board of Directors of Semirara Mining and Power Corporation at its meeting on October 17, 2022, approved the declaration of special cash dividend at PHP 3.50 per outstanding common share. The cash dividend will
be sourced from its unappropriated retained earnings for the interim period as of September 30, 2022. The Board has fixed the record date on October 31, 2022 and payment date on November 15, 2022.