Announcement • Jun 11
Raslag Corp. Receives Certificate of Compliance from Energy Regulatory Commission for Raslag-Iv Solar Power Plant Raslag Corp. informed the Securities and Exchange Commission, the Philippine Stock Exchange, and the investing public, that it received the Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) dated May 18, 2026 for RASLAG-IV, Raslag Corp’s fourth renewable energy solar power plant. RASLAG-IV, a solar photovoltaic facility located in Magalang, Pampanga, with a rated capacity of 36.646MWp/26.4MWac, has been operational and generating electricity since October 2024. The grant of the COC formalizes RASLAG-IV’s registration as a renewable energy generation facility in compliance with Republic Act No. 9513, otherwise known as the Renewable Energy Act of 2008, and its Implementing Rules and Regulations; and confirms that RASLAG-IV has met all statutory and regulatory requirements, and shall be entitled to all the rights and privileges set forth by the Energy Regulatory Commission, and pertinent laws and regulations, subject to certain conditions, as indicated on the Certificate of Compliance. New Risk • Jun 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₱1.59b market cap, or US$25.8m). Reported Earnings • May 16
First quarter 2026 earnings released: EPS: ₱0.05 (vs ₱0.002 in 1Q 2025) First quarter 2026 results: EPS: ₱0.05 (up from ₱0.002 in 1Q 2025). Revenue: ₱160.6m (up 24% from 1Q 2025). Net income: ₱75.7m (up ₱73.3m from 1Q 2025). Profit margin: 47% (up from 1.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.