Energy Development : Updates to the 2017 ACGR

Energy Development Corporation

38th Floor, One Corporate Centre Building, Julia Vargas corner Meralco Avenue Ortigas Center, Pasig 1605, Philippines

Trunklines: +63 (2) 667-7332 (PLDT) / +63 (2) 755-2332 (Globe)

October 11, 2017

OIC-HEAD, Disclosures Department The Philippine Stock Exchange, Inc. Philippine Stock Exchange Plaza

Ayala Triangle, Ayala Avenue, Makati City

Dear Mr. Zuño:

In compliance with the disclosure requirements of Exchange, we submit the attached updates to the 2017 Annual Corporate Governance Report.

cc: VINA VANESSA S. SALONGA

Head - Issuer Compliance and Disclosure Department (ICDD) Philippine Dealing & Exchange Corp.

110102017003769

SECBuilding,EDSA,Greenhills,MandaluyongCity,MetroManila,Philippines

Tel:(632) 726-0931 to 39Fax:(632) 725-5293 Email:mis@sec.gov.ph

Barcode Page

The following document has been received:

Receiving Officer/Encoder : Jojit Licudine Receiving Branch : SEC Head Office

Receipt Date and Time : October 10, 2017 02:39:17 PM Received From : Head Office

Company Representative Doc Source

Company Information

SEC Registration No. 0000066381

Company Name ENERGY DEVELOPMENT CORPORATION

Industry Classification

Company Type Stock Corporation Document Information

Document ID Document Type Document Code Period Covered No. of Days Late Department Remarks

110102017003769

LETIER/MISC LTR

October 10, 2017

0

CED/CFD/CRMD/MRD/NTD UPDATED ACGR/WITH LETIER

COVER SHEET

IE I NI E I RI GI v i I DI E I V I E I L I O I P I Ml E ! NI T I

II I I I I I 61 61 31 sl 11

SEC Registration Number

l I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I

(Company's Full Name)

31 B l T l H F I 0 o I r I , O n e C ! o l r p o r a t l e

c I e I n I t r e l u l I I ia

Ml e I r I a c 0 A l v l e P I a I s I g c t I v I

V a r g ! a l s c o r n i e r

O r t i l g l a s C e n i t e r

(Business Address: No., Street City / Town / Province)

Atty. Ana Maria A. Katigbak 817-6791

Contact Person

Company Telephone Number

UPDATES TO EDC'S 2017 ANNUAL CORPORATE COVERNANCE REPORT IACGR)

Fiscal Year

Secondary License Type, f Applicable

Annual Meeting

Dept Requiring this Doc Amended Articles Number / Section

Total No. of Stockholders

---T"o'"ta''-'1-'A--''m-"-o"u; nt of Borrowings

I

Domestic Foreign

To be accomplished by SEC Personnel concerned

LJ ll

File Number LCU

I I I I I

Document ID Cashier

S T A M P S

Remarks: Please use BLACK ink for scanning purposes

e n e r g y

DEVELOPMENT CORPORATION

Energy Development Corporation

38th Floor, One Corporate Centre Building, Julia Vargas corner Meralco Avenue, Ortigas Center, Pasig City 1605, Philippines

Trunklines: +63 (2) 667-7332 (PLDT) I +63 (2) 755-2332 (Globe)

October 10,2017

ATIY. JUSTINA F. CALLANGAN

Director

Corporate Governance and Finance Department Securities and Exchange Commission

PICC Complex, Roxas Boulevard, Pasay City

Subject: Updates to EDC's 2017 Annual Corporate Governance Report

Dear Director Callangan,

The Energy Development Corporation (EDC) hereby informs the Commission that we have updated our 2017 Annual Corporate Governance Report (ACGR), particularly on the changes in the Board and Board Committees' composition, directorships within the Group and in other Listed Companies, orientation and training programs for directors and officers, profile of Audit and Governance Committee members and ownership structure.

The corresponding updates to the company's ACGR in the company website (www.energy.com.ph) shall be made upon submission of this advisement letter.

Yours truly,

Erwin 0. Avante

Vice-President and

,59mpliance Officer