John Eric T. Francia

Chairman & Chief Executive Officer

President and Chief Executive Officer of AC Energy, Inc. Eric is also Managing Director and a member of the Management Committee of Ayala Corporation since 2009. In his previous role as Head of Ayala’s Corporate Strategy and Development group, he led Ayala’s entry into the energy and transport infrastructure sectors. Under his leadership, Ayala established its energy platform from a standing start in 2011, growing to 1,800 MW of attributable capacity by 2019.

Eric also helped establish Ayala’s infrastructure business, securing over US $1 billion worth of PPP projects in the transport infrastructure space between 2011 and 2014. Mr. Francia is a member of the Board of Directors of the following companies within the Ayala Group: Purefoods International Limited, AC Education, Inc., AC College of Enterprise and Technology, Inc., AC Ventures Holding Corp., Ayala Aviation Corporation, Zapfam, Inc., Northwind Power Development Corporation, North Luzon Renewable Energy Corporation, Light Rail Manila Corporation, AC Infrastructure Holdings Corporation, MCX Tollway, Inc., and others. In 2019, he was elected as the President and CEO of two listed companies: AC Energy Philippines, Inc., and ACE Enexor, Inc.

Eric received his undergraduate degree in Humanities and Political Economy from University of Asia & the Pacific, graduating Magna Cum Laude. He then completed his Master’s Degree in Management Studies at University of Cambridge in the United Kingdom, graduating with First Class Honors.

Raymundo A. Reyes, Jr.

Chief Operating Officer

Chief Operating Officer of ACE Enexor Inc. Ray has been a member of the Board of Directors of the Company since February 2013. After a short teaching and graduate assistantship stint at the U.P. Department of Chemistry and Department of Geology and Geography, he started his career as a geologist with the Philippine National Oil Company in 1976 and was subsequently seconded to the Department of Energy and its predecessor agencies. He joined the Company as Exploration Manager in 1987, and became its Vice President for Exploration in 1994. He is concurrently the President & COO of Palawan55 Exploration and Production Corporation, and Vice President of Maibarara Geothermal, Inc., a joint venture between AC Energy Philippines, PetroGreen Energy Corp., and PNOC Renewables. He is also a Director of Palawan55 Exploration and Production Corporation since February 2013, and Maibarara Geothermal, Inc. since April 2016.

Ray holds a Bachelor of Science in Chemistry and Master of Science in Geology degrees from the University of the Philippines and is both a licensed Geologist and Chemist.

Maria Corazon G. Dizon

Treasurer & Chief Finance Officer

Chief Finance Officer and Treasurer of AC Energy, Inc. Cora concurrently serves as Treasurer and CFO of AC Energy Philippines, and ACE Enexor, Inc. and as Director of various AC Energy’s subsidiaries. Cora is also the Chief Risk Officer of AC Energy Philippines.

Cora joined Ayala’s Energy and Infrastructure Group in 2016 after spending 28 years with Ayala Land, Inc., the publicly listed real estate vehicle of Ayala Corporation, where she previously held the positions of Head of ALI Capital Corp., Head of Business Development and Strategic Planning of the Commercial Business Group, Head of Asset Management Group of Shopping Centers, Head of Control and Analysis, Head of Investor Relations as well as Chief Financial Officer of Residential Buildings, Office Buildings and Shopping Centers groups. Prior to joining Ayala Land, she was connected with SGV & Co. for three years.

Cora graduated with a degree in Accountancy from University of Santo Tomas, graduating Cum Laude and is a Certified Public Accountant. She completed the academic units for a Masters Degree in Business Administration from De La Salle University Graduate School of Business, and attended an Executive Management Program at Wharton University of Pennsylvania.

Dodjie D. Lagazo

Corporate Secretary & Compliance Officer

Executive Director and Head of AC Energy’s Legal and Regulatory Group. Dodjie holds the following positions in publicly-listed companies: Corporate Secretary of Phinma Petroleum and Geothermal, Inc., Assistant Corporate Secretary of Ayala Corporation and AC Energy Philippines, Inc.

Previously, Dodjie served as Director and member of AG Counselors Corporation’s Management Committee from January 2014 to July 2017. Prior to joining Ayala, he worked with the law firm of SyCip Salazar Hernandez & Gatmaitan.

Dodjie received his undergraduate degree in Political Science from the University of the Philippines, Diliman, graduating Magna Cum Laude. He then completed his Bachelor of Laws Degree in the College of Law of the University of the Philippines, Diliman, ranked sixth in the graduating class of 2003. He is a member in good standing of the Integrated Bar of the Philippines.

Alan T. Ascalon

Assistant Corporate Secretary

Assistant Corporate Secretary of AC Energy Philippines and ACE Enexor, Inc. Alan is the Corporate Secretary of Phinma Renewable Energy Corporation, One Subic Power Generation Corp., One Subic Oil Distribution Corp., Phinma Power Generation Corporation, CIP II Power Corporation, San Julio Land Development Corporation, LCC Bulk Water Supply, Inc., MCV Bulk Water Supply, Inc., SCC Bulk Water Supply, Inc, HDP Bulk Water Supply, Inc., Solienda Inc., AC Laguna Solar, Inc.. He was the Assistant Legal Counsel of PHINMA, Inc. from 2005 to 2008. He served as director of Phinma Renewable Energy Corporation from 2014 to 2019.

He graduated from the University of the Philippines with a Bachelor of Arts degree in Journalism in 1996 and a Bachelor of Laws degree in 2000.

Raissa C. Villanueva

Assistant Corporate Secretary

Assistant Corporate Secretary of ACE Enexor, Inc. Raissa is also the Assistant Corporate Secretary of various AC Energy subsidiaries and affiliates. She was previously Senior Counsel at Ayala Group Legal. Prior to joining Ayala, she was Primary Counsel at Energy Development Corporation. Before this, she practiced law as legislative officer at the Office of Senator Pia Cayetano and as associate in Leynes Lozada Marquez Offices.

She received her undergraduate degree in Business Administration from the University of the Philippines, Diliman, graduating cum laude. She then completed her Juris Doctor in the College of Law of the University of the Philippines, Diliman. She is a member in good standing of the Integrated Bar of the Philippines.