NOTICE OF REGULAR ANNUAL STOCKHOLDERS’ MEETING
TO OUR STOCKHOLDERS:
NOTICE IS HEREBY GIVEN that the Regular Meeting of the Stockholders of PetroEnergy Resources Corporation (the “Company”), will be held on July 18, 2024 at 4:00 p.m., to be called, conducted and presided virtually or via online/remote communications by the presiding officer at Conference Room 1, 47th Floor, Yuchengco Tower, RCBC Plaza Building, 6819 Cor. Sen. Gil J. Puyat and Ayala Avenues, Makati City, with the following agenda:
1. Certification of Service of Notice;
2. Determination of Quorum/Call to Order;
3. Approval of Minutes of the last Regular Stockholders’ Meeting held on July 27, 2023;
4. Approval of Management Report and the 2023 Audited Financial Statements contained in the 2023 Annual Report;
5. Confirmation and Ratification of all acts, contracts and investments made and entered into by Management and/or the Board of Directors during the period July 27, 2023 to July 18, 2024; 6. Election of Members of the Board of Directors for 2024-2025:
a. Approval of the retention and reelection of Mr. Eliseo B. Santiago and Mr. Cesar A. Buenaventura as Independent Directors.
7. Appointment of External Auditors;
8. Other matters; and
9. Adjournment.
Stockholders as of Record Date May 27, 2024 will be entitled to notice of, and to vote at, the Annual Meeting.
Pursuant to the alternative modes of notice as provided for in the Securities and Exchange Commission’s NOTICE dated March 13, 2023, this notice to Stockholders shall be published in the business section of two (2) newspapers of general circulation, in print and online format, for two (2) consecutive days not later than 21 days before the scheduled meeting. The Information Statement, Management Report, SEC Form 17-A, Minutes of the Annual Stockholders Meeting for the year 2023 and other pertinent meeting documents shall be made available in the Company’s website (www.petroenergy.com.ph) and via PSE Edge.
The Regular Annual Stockholders’ Meeting shall be held virtually or via online/remote communication. The stockholders shall be allowed to cast their votes by proxy, or by remote communication, or in absentia pursuant to Section 49 of the Revised Corporation Code of the Philippines and SEC Memorandum Circular No. 6-2020.
To participate in the Annual Meeting, stockholders must register from 9:00 a.m. of July 10, 2024 until 5:00 p.m. of July 15, 2024 through the following link: http://petroenergy.com.ph/investor_relations and follow the steps provided therein. The procedures for participation via remote communication and in absentia may be found in the said link and in Annex “A” of the Information Statement.
Stockholders who wish to appoint proxies may submit proxy forms until 5:00 p.m. of July 15, 2024 to the Office of the Corporate Secretary at 7th Floor, JMT Building, ADB Ave., Ortigas Center, Pasig City or by email to [email protected]. Validation of proxies will be held on July 15, 2024. A sample proxy form (attached as Annex “B”) will be enclosed in the Information Statement for your convenience.
ATTY. SAMUEL V. TORRES
Corporate Secretary
