To all shareholders of the Energy Development Corporation
The Company’s By-Law currently provide that the annual stockholders’ meeting shall be held on the first Tuesday of May of each year. However, the finalization of the Company’s audited financial statements and compliance with the regulatory requirements for distribution of digital copies of the Information Statement and related materials for the meeting will require the postponement of the meeting by at least a week.
Considering the foregoing matters, we inform all shareholders that the Board approved the holding of the Annual Stockholders’ Meeting of the Energy Development Corporation on May 8, 2017, at 10:00AM at the PSE Auditorium located at the Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City.
The record date for stockholders’ entitled to notice and to vote at the meeting is on March 15, 2017.
Click HERE to view our disclosure on the 2017 Annual Stockholders’ Meeting.
The Energy Development Corporation (EDC) is a pioneer in generating 100% clean, renewable, and reliable power as an electricity supplier in the Philippines for over 40 years. With power plants all over Visayas and Mindanao, the company is one of the biggest producers of geothermal energy in Asia and is expanding its reach in the international market, allowing it to offer customers affordable energy rates. EDC also strives to provide the best customer service it can to all its clients by having helpful salespeople and easy to understand contracts. Because of all of this, it is poised to become the premier supplier of electricity for the Philippines’ Green Energy Option Program. EDC takes its mission as a renewable energy provider seriously and goes beyond sustainability by investing in programs that enhance the environment and empower its partner communities, thereby fostering regenerative development. The company has also been working toward being carbon-neutral by improving its energy efficiency, as well as implementing various greening projects to ensure that its mission to provide future generations with a better life remains intact.