advisories & notices

TO ALL MEMBERS:

Philippine Electricity Market Corporation (PEMC)

NOTICE IS HEREBY GIVEN that the Annual General Membership Meeting (AGMM) of PEMC will be conducted at Crowne Plaza Manila Galleria – Ballroom A, Ortigas Ave. corner ADB Avenue, Ortigas Center on Wednesday, 21 June 2023, at 2:00 PM, with the following agenda:

1. Call to Order
2. Certification of Notice of Meeting and Determination of Quorum
3. Approval of the Minutes of the Annual General Membership Meeting held on 20 July 2022
4. Management Report of the President
5. Financial Report and Approval of the 2022 Audited Financial Statement
6. Ratification of the Acts, Resolutions, and Deeds of the Board of Directors and Management
7. Outlook from the Chairman
8. Other Matters
9. Adjournment

The Board had fixed the close of business on 22 May 2023 as the record date for the determination of members entitled to notice of, and to vote in, said meeting.

Any instrument authorizing a proxy to act shall be submitted to and received at the principal office of PEMC[1] on or before 9 June 2023, 5:00 PM, addressed to the attention of the Corporate Secretary, c/o Legal Department, PEMC office. Soft copies may be emailed in advance to pemc_ocs@wesm.ph. Validation of proxies is set on 14 June 2023, 3:00 PM, at the PEMC office.

Documents for registration, issuance of proxies, and voting instructions[2] shall be posted on the PEMC website and shall be sent through electronic mail to the specified email addresses of the members’ named, appointed, and designated Authorized Representatives.[3]

Minutes of the CY2022 Annual General Membership Meeting and other information disclosure will be sent through electronic mail to the specified email addresses of the members’ named, appointed, and designated Authorized Representatives and shall be available for examination on 5-16 June 2023, from 8:00 AM – 4:00 PM, at the Office of the Corporate Secretary.

Pasig City, 31 May 2023.