To All Stockholders:
NOTICE IS HEREBY GIVEN that the annual meeting of the stockholders of ANGELES ELECTRIC CORPORATION will be conducted virtually on Tuesday, June 17, 2025, at 9:30 am, to discuss the following:
AGENDA
1. Call to Order
2. Certification of Notice and Quorum
3. Approval of the Minutes of the 2024 Annual Stockholders’ Meeting 4. Chairman’s Message and Annual Report of the President 5. Ratification of the Audited Financial Statements
6. Ratification of the Acts of the Board of Directors and of Management 7. Election of Directors for the Ensuing Year
8. Appointment of External Auditors
9. Approval of the Amendment of Article VI of the Amended Articles of Incorporation to increase the number of the directors from nine (9) to eleven (11)
10. Other Matters
11. Adjournment
Please refer to Annex A of the Notice as posted in the company website http:// www.angeleselectric.com.ph/ for a brief discussion of, and rationale for, the above agenda items.
For the purpose of this meeting, stockholders as of April 30, 2025 are entitled to notice and to vote in the said meeting. Since the meeting will be held in a fully virtual format, stockholders may only attend the meeting by remote communication, and may only vote in absentia or by appointing other individuals of the meeting as their proxy.
Stockholders intending to attend the meeting by remote communication should notify the Company not later than June 9, 2025 at 5:00 p.m. The procedures and details for participation and attendance in the meeting through remote communication and voting in absentia are set forth in Annex B.
Stockholders of record as of April 30, 2025 owning at least 5% of the total outstanding capital stock of the Company should submit proposals on items for inclusion in the agenda on or before May 19, 2025.
Should you wish to ask any question or give any comments on the items in the agenda, you may send them by email to aec_asm@angeleselectric.com.ph on or before June 9, 2025 and this will be read and addressed by the Board of Directors during the meeting within the time allowed. Questions that could not be accommodated during the meeting will be responded to by email.
The Information Statement and its attachments, minutes of the previous meeting of the stockholders, and other documents related to the meeting can be accessed through the company website http://www.angeleselectric.com.ph/.
The meeting proceedings will be recorded in audio and video format, and the recorded copy shall be kept by the Company in accordance with the Revised Corporation Code and related regulations.
Pasig City, May 13, 2025.
BENEDICT R. TUGONON
Corporate Secretary
(Signed)
BEATRIZ RAINE L. BAYUDAN
Assistant Corporate Secretary
