C02906-2025

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)

Apr 29, 2025

2. SEC Identification Number

CEO2536

3. BIR Tax Identification No.

003-828-269-V

4. Exact name of issuer as specified in its charter

ABOITIZ EQUITY VENTURES INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634

8. Issuer's telephone number, including area code

(02) 8 886-2800

9. Former name or former address, if changed since last report

N/A

10. 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	5,552,805,057
Amount of Debt Outstanding (As of Dec. 31, 2024)	404,274,535,000.00

11. Indicate the item numbers reported herein

Item 9: Other Events

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 Equity Ventures, Inc.AEV

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 April 28, 2025 Manila Bulletin News Article

Source	Manila Bulletin
Subject of News Report	Aboitiz Power's renewable push drives group's higher capex in 2025
Date of Publication	Apr 28, 2025

Clarification of News Report

Gentlemen:

This refers to your letter requesting Aboitiz Equity Ventures Inc. (AEV, or the “Company”) to confirm the veracity of the information contained in the Manila Bulletin news article dated April 28, 2025 entitled, “Aboitiz Power's renewable push drives group's higher capex in 2025,” the relevant portion of which is quoted hereunder:

“Aboitiz Equity Ventures, the investment holding company of the Aboitiz Group, is increasing its capital expenditure budget by 37 percent in 2025 to P105 billion while aiming to raise P119 billion to fund these investments and pay maturing obligations.

In a media briefing after the firm’s annual stockholders’ meeting, AEV Chief Financial Officer Jose Emmanuel Hilado said Aboitiz Power Corporation will deploy the majority of the capex to support its renewable energy pipeline and distribution business.

“The next biggest chunk is allocated to Aboitiz InfraCapital to fund their expansion in economic estates and tower acquisitions. Then, the rest will be in UnionBank for their digital infrastructure and, lastly, in Aboitiz Foods for swine farms and the development of greenfield R&D farms,” he added.

Hilado said the capex will be funded by a combination of loans and bonds and, “on top of what we have to fund in terms of the expansion, we also have a maturing AEV bond of about P5 billion and the callable bond of about P9 billion.”

“But, we haven't really decided on the allocation (for bonds and loans), because the direction of interest rates, although we know that it's a downward trend, is still subject to volatility. And what we'll do is we'll maximize whatever it's cheapest for us now, whether it's bonds or loans,” he noted.

xxx xxx xxx”

We confirm the quoted statements made during AEV’s media briefing dated April 28, 2025.

We trust that we have clarified the above-mentioned news article to your satisfaction.

Thank you.

Other Relevant Information

This clarification of news report is being submitted upon the request of the Philippine Dealing & Exchange Corp.

Filed on behalf by:

Name	Sammy Dave Santos
Designation	Senior Associate General Counsel