Solar Philippines Nueva Ecija : Amendments to Articles of Incorporation

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) Mar 7, 20222. SEC Identification Number CS2016273003. BIR Tax Identification No. 0094681034. 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, Makati City, PhilippinesPostal 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 Matters

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 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Amendments to the Articles of Incorporation of the Company

Background/Description of the Disclosure

Please be informed that the Board of Directors of SPNEC approved amendments to the Articles of Incorporation of the Company on 10 January 2022. This disclosure was updated to reflect the date of approval by the stockholders of the proposed amendment.

Date of Approval by Board of Directors	Jan 10, 2022
Date of Approval by Stockholders	Mar 7, 2022
Other Relevant Regulatory Agency, if applicable	-
Date of Approval by Relevant Regulatory Agency, if applicable	TBA
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article No.	From	To
SEVENTH	The Authorized Capital Stock of the Corporation is One Billion Pesos (PhP1,000,000,000.00) in lawful money of the Philippines, divided into Ten Billion (10,000,000,000.00) with a par value of Ten Centavos (PhP0.10) per share.	The Authorized Capital Stock of the Corporation is Five Billion Pesos (PhP5,000,000,000.00) in lawful money of the Philippines, divided into Fifty Billion (50,000,000,000.00) with a par value of Ten Centavos (PhP0.10) per share.

Rationale for the amendment(s)

The proposal to increase the Company's authorized capital stock would enable the Company to acquire other solar projects and fund the expansion of its portfolio, with any such transactions subject to further approvals.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	TBA
Expected date of SEC approval of the Amended Articles of Incorporation	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

The proposed amendment would increase the Company's authorized capital stock by Php 4 billion divided into 40 billion common shares, resulting in an authorized capital stock of up to Php 5 billion divided into 50 billion common shares.

Other Relevant Information

This disclosure was amended to reflect the date of approval by the stockholders of the amendment of the Seventh Article of the Company's Articles of Incorporation.

Filed on behalf by:

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