"IBERDROLA RETRIBUCIÓN FLEXIBLE"

 Practical example of the "Iberdrola Retribución Flexible" system [PDF]

Iberdrola increases its shareholders' remuneration by 10.6% compared to the previous year, paying out, at least, 01.67 euros gross per share.

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2019 "IBERDROLA RETRIBUCIÓN FLEXIBLE"

IBERDROLA INCREASES ITS SHAREHOLDERS´ REMUNERATION BY 10.6% COMPARED TO THE PREVIOUS YEAR*, PAYING OUT, AT LEAST, 0.167 € GROSS PER SHARE

Furthermore, with the new remuneration system "Iberdrola Retribución Flexible", you can choose or combine the following 3 options:

RECEIVE NEW SHARES
1. Receive new free Iberdrola shares.
This option shall be applied by default if you do not specify any other choice.

RECEIVE CASH
2. Receive cash by selling the free allocation rights on the market.
To choose this option you must ask your depositary bank to sell your rights on the market before 23 January 2020.
The price of these rights will vary depending on market conditions.

3. Receive cash by means of the payment of the Interim Dividend for 2019 of at least € 0.167 gross per share.
To choose this option, you must inform your depositary bank before 23 January 2020 that you wish to receive the Interim Dividend.
The payment will be made on 5 February 2020.

For further information: 900 10 00 19 or www.iberdrola.com

 

* Compared to the Interim dividend paid in January 2019.

This document does not include all of the information on this 2019 iteration of the Iberdrola Flexible Remuneration system. For more information and to access the full terms and conditions for this iteration of the system, please consult the corporate website www.iberdrola.com or the Spanish Securities & Exchange Commission (CNMV) website www.cnmv.es Please consider taxation regarding the different options according to personal circumstances. The new shares will be delivered to shareholders free of charge and without commissions. In accordance with applicable law, the custodian of your shares will be entitled to charge the management fees and expenses it deems appropriate, including fees for handling sale and purchase orders of free-of-charge allocation rights that it deems appropriate.
 

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