INVITATION TO PARTICIPATE AS CSP OBSERVER

This refers to the Joint Competitive Selection Process (the “Joint CSP”) conducted by the National Electrification Administration (“NEA”) for the aggregated baseload supply of Luzon on-grid Electric Cooperatives (“ECs”): ALECO, BENECO, CASURECO I, CASURECO II, CENPELCO, INEC, ISECO, ISELCO, ISELCO I, ISELCO II, KAELCO, MOPRECO, NEECO II-A2, PANELCO III, PELCO I, PRESCO, SORECO I, TARELCO I, and TARELCO II (collectively, the “Member ECs”).