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

Three shareholder remuneration options.

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

  1. Receive 1 new Iberdrola share for every 35 cost-free allocation rights.
  2. Receive cash by selling the cost-free allocation rights on the market.
  3. Cash payout by receiving the Supplementary Dividend for the 2017 financial year.

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