CORPORATE STRUCTURE

Vivant Corporation

Visayan Electric Company (VECO)

34.81%

Vivant Energy Corporation (VEC)

100%

Vivant Integrated Generation Corporation (VIGC)

100%

Abovant Holdings Corporation

40%

Cebu Energy Development Corporation (CEDC)

17.6%

Therma Visayas Incorporated (TVI)

20%

Minergy Power Corporation (MPC)

40%

Lunar Powercore Inc. (LPCI)

42.50%

Global Luzon Energy Development Corp. (GLEDC)

42.5%

Vivant Renewable Energy Corp. (VREC)

100%

Amberdust Holding Corporation (AHC)

100%

North BukidnonPower Corporation

90%

BukidnonPower Corporation

90%

Southern Powercore Holding Corp. (SPHC)

100%

Vivant Geo Power Corporation (VGPC)

100%

Sabang Renewable Energy Corp. (SREC)

30%

Culna Renewable Energy Corp. (CREC)

35%

Vivant Solar Corporation

100%

ET Energy Island Corporation (ETEI)

100%

6 Barracuda Energy Power Corporation

40%

Vivant Integrated Diesel Corporation (VIDC)

100%

Isla Norte Energy Corporation

65%

La Pampanga Energy Corporation

100%

Vivant Isla, Inc. (VII)

100%

Calamian Islands Power Corporation (CIPC)

50%

Delta P, Inc. (Delta P)

50%

Vivant-Malogo Hydropower Incorporated (VMHI)

67%

1590 Energy Corporation (1590 EC)

55.20%

Cebu Private Power Corporation (CPPC)

40%

Corenergy Incorporated

100%

Prism Energy Incorporated

40%

Hijos De F. Escaño (HDFE)

50.94%

Southern Grove Properties and Development Corporation

100%

Vivant Corporate Center, Inc. (VCCI)

100%

Vivant Realty Ventures Corp. (VRVC)

100%

Vivant Infracore Holdings Inc.

100%

Vivant Hydrocore Holdings Inc.

100%

Watermatic Philippines Corp.

60%

Isla Mactan-Cordova Corporation

100%

Northern Metro Cebu Water Corp.

100%

Faith Lived Out Visions to Ventures Holdings Inc.

45%

Puerto Princesa Water Reclamation and Learning Center, Inc.

40.31%

Vivant Transcore Holdings Inc.

100%