"IBERDROLA RETRIBUCIÓN FLEXIBLE" CALENDAR

The estimated timetable for the implementation of this edition of the "Iberdrola Retribución Flexible" system will be as follows:

During June 2021

  • Approval, as the case may be, of the "Iberdrola Retribución Flexible" optional dividend system by the Company's General Shareholders' Meeting, including, amongst other resolutions, two capital increases and the distribution of the Supplementary Dividend.
  • Approval by the Board of Directors of the relevant resolutions with respect to the implementation of the first capital increase, distribution of the Supplementary Dividend and approval of the information memorandum regarding the "Iberdrola Retribución Flexible" system.
  • Publication of the information memorandum.

29 and 30 June, 1, 2 and 5 July 2021

  • Trading sessions considered for the calculation of the number of free allocation rights required to receive one newly-issued share and the amount per share corresponding to the Supplementary Dividend for the fiscal year 2020.

6 July 2021

  • Notice regarding the number of free allocation rights required to receive one newly-issued share and the gross amount of the Supplementary Dividend per share.

7 July 2021

  • Last trading date on which the shares of Iberdrola are traded with the right to participate in the "Iberdrola Retribución Flexible" system.

8 July 2021

  • Ex-date from which the shares of Iberdrola are traded without the right to participate in the "Iberdrola Retribución Flexible" system.
  • Commencement of the Common Election Period and of the trading period for the free allocation rights.

9 July 2021

  • Record date to determine the shareholders with the right to participate in the "Iberdrola Retribución Flexible" system.

21 July 2021

  • End of the Common Election Period and of the trading period for the free allocation rights.

29 July 2021

  • Payment of the Supplementary Dividend to those shareholders who have elected to receive cash through this option.
  • Expected date for the registration of the newly-issued shares.

30 July 2021

  • Expected date for the trading of the new shares.