General Shareholders’ Meeting 2026

All the relevant information about the Meeting

Iberdrola’s shareholders overwhelmingly endorsed the company’s management and strategy at the General Shareholders’ Meeting 2026.

With a quorum of 74%, the General Shareholders’ Meeting approved, at first call, every one of the 23 proposals included on the agenda, with an average positive vote of 98%. These results reaffirm investors’ confidence in and support for the company’s vision and strategy, led by Executive Chairman Ignacio S. Galán, following a record-breaking 2025. See the announcement of the call to meeting and the agenda [PDF].

"We are turning 125 years old at a magnificent time because we understood more than two decades ago that electrification was going to be the best way to guarantee a secure, indigenous and competitive energy supply."

Ignacio S. Galán

Executive Chairman of Iberdrola

Key highlights: 25 years of record performance

The 2025 financial year stands out as a year in which the Iberdrola Group achieved growth beyond expectations. Thanks to a strong financial strategy, a record €14.46 billion was invested, resulting in net profit of €6.285 billion, an increase of 12%.

These investments are in line with our Strategic Plan, which envisages investment of €43 billion between 2026 and 2028 and forecasts net profit of more than €6.6 billion in 2026 and more than €7.6 billion in 2028.

As a result of this performance, the company will distribute more than €4.5 billion to its shareholders through the gross dividend of €0.68 per share approved at the Meeting, in addition to the €0.005 per share engagement dividend, which was conditional on achieving a quorum of at least 70% of the share capital.

Another major milestone in 2025 was Iberdrola’s market capitalisation, with its stock market value surpassing €135 billion – 11 times higher than in 2001 – making it Europe’s leading utility and one of the two largest electricity companies in the world.

Pedro Azagra confirmed as Chief Executive Officer

Shareholders approved the appointment of Pedro Azagra as Chief Executive Officer of Iberdrola. Investors also approved the appointment of Marina Grossi as a new independent director, as well as the re-election of María Ángeles Alcalá Díaz, Isabel García Tejerina and Anthony L. Gardner, all of whom will continue to serve as independent directors.

Key figures from the 2026 General Shareholders’ Meeting

98% average support across all agenda items
74% quorum
€0.68 per share 2025 dividend + €0.005 engagement dividend
12% growth in net profit
€10.4bn tax contribution

Iberdrola, 125 years it is the best start

How can I check that I participated in the Meeting?

Availability until 29 June

Confirmation of vote

All shareholders who took part in the General Meeting (by granting a proxy, casting an absentee vote or attending) can download a receipt to confirm that their shares or voting instructions have been properly recorded.
Participation Portal External link, opens in new window.

Key information

Broadcast of the General Shareholders’ Meeting 2026

Consult all information on the deferred broadcast of the event

Date: Friday, 29 May 2026
Time: 10:30am CET; 9:30am UCT
Duration: Approximately 1 hour

Speakers

Mr Ignacio S. Galán. Executive Chairman of Iberdrola
Mr Santiago Martínez. General Secretary and Secretary of the Board of Directors
Links

Access to the deferred event via webcast External link, opens in new window. , also available for mobile devices.

The broadcast of the Meeting also includes an audio-descriptionExternal link, opens in new window. and subtitles in SpanishExternal link, opens in new window. .

General Shareholders’ Meeting 2026 Visual concept

In the face of multiple challenges, we are building a solid, secure and resilient network of opportunities for the future. This vision is reflected in the new design for the 2026 General Shareholders’ Meeting, represented by five horizontal lines symbolising the convergence of different forces powering that future.

More information

Sustainable event

The General Shareholders’ Meeting is certified as a sustainable event according to ISO 20121:2012, reflecting our company's commitment to sustainability, which also extends to event management. We work to ensure that our corporate events have a positive economic, environmental and social impact on the community. We contribute, promote and raise awareness of the importance of sustainability so that this commitment is increasingly shared by all.