SP New Energy Corporation at its board meeting held on July 11, 2024 announced resignation of Mr. Manuel V. Pangilinan as President, resignation of Mr. Rochel Donato R. Gloria as Director and election of Mr. Emmanuel V. Rubio as President and Director; resignation of Mr. Dominador M. Camu, Jr. as Chief Operations Officer and election of Mr. Dennis B. Jordan as Replacement. All changes are effective July 11, 2024.