The board of directors of First Gen Corporation on its meeting held on Dec. 9, 2020 approved the declaration of cash dividends on the company’s outstanding preferred shares as follows: P0.02 per share on all outstanding Series B preferred shares, P0.01 per share on all outstanding Series E preferred shares, P3.8904 per share on the 104,400,800 outstanding Series G preferred shares and P0.38904 per share on the 13,750,000 outstanding Series G preferred shares issued to First Philippine Holdings Corporation by way of private placement. The cash dividends have a record date of Dec. 23, 2020 and a payment date of Jan. 25, 2021.