Iberdrola, committed to its shareholders

 Shareholder remuneration [PDF]

Sustainable Remuneration. The shareholder remuneration policy provides for growth in gross dividends of 0.44 euros per share up to 2025.


(1) Provided that there are no circumstances requiring changes, shareholder payout should be sustainable, compatible with maintaining the solid financial strength and in line with companies with a similar business profile.

(2) Increase in the forecast remuneration for 2025, calculated using the annual gross dividend for 2022 as the floor.

Legal notice: This commitment is subject to the approval of the appropriate agreements by the corresponding corporate bodies.
This document should be read in conjunction with the "2020-2025 Outlook Update" filed with the CNMV on 5 November 2020, especially including its legal notice.