Iberdrola holds an engagement day with its shareholders at its Madrid Campus

Iberdrola today continued its round of meetings with shareholders in Spain with a meeting at its Innovation and Training Campus in San Agustín del Guadalix (Madrid). The meeting’s purpose was to encourage permanent, fluid and close dialogue with its investors, who are the foundation of the company's strategy.

During the meeting, the shareholders had the opportunity to see the company's businesses first-hand with various workshops that brought them closer to Iberdrola's day-to-day business. They learned first-hand about the advances in grid digitalisation, the development of the renewable business, all the smart solutions for the home, such as aerothermal energy, self-consumption and electric vehicle charging points.

365 engagement and participation policy

This initiative is part of the shareholder engagement policy approved by the Board of Directors 10 years ago and reflected in the By-Laws, with a special focus on small investors. Iberdrola has once again launched a space for shareholder engagement.

The new space reinforces and promotes the participation of its shareholders through different channels 365 days a year.

The page includes Iberdrola's main communication channels and contact to inform shareholders and listen to them, encouraging their participation at the General Shareholders' Meeting as well as at other events and meetings.

Iberdrola was a pioneer in introducing this strategy in the company’s management, which seeks to involve all of its stakeholders in its business project by promoting transparency, active listening and effective disclosure of its activities.

Shareholders can keep in touch with the company 24 hours a day, 7 days a week, 365 days a year through the OLA Shareholder Club. Registration with OLA can be done through its https://www.iberdrola.com/shareholders-investors/shareholders/shareholders-club.

Iberdrola was one of the first listed companies to offer its investors a Shareholders' Club to promote this permanent relationship channel and to reward everyone who has shown their support and trust in the company's performance with exclusive advantages. Over the years, this initiative has been consolidated as best practice by the rest of the large listed companies on the Spanish stock exchange.

The electricity company also has other means of communication with its investors, like calling the free telephone number 900 10 00 19, by post (Oficina del Accionista, c/ Tomás Redondo, n.º 1, 28033 Madrid) or by e-mail (accionistas@iberdrola.com). Shareholders need only provide their full name and ID card number.

2024, a historic year

These meetings are taking place at a historic moment for the company. In 2024, Iberdrola posted record figures for results, dividends, social security contributions and stock market capitalisation. And it has consolidated its position as one of the two largest electric utilities in the world by market capitalisation, after exceeding €100 B in stock market value in the last week for the first time in its history.

The first meeting was held on 28 January in Valencia, where Eva Mancera, CEO of i-DE, the Iberdrola Group’s distribution company, and Guillermo Raga, director of i-DE in the Eastern Region, explained the il.lumina plan to more than fifty Valencian shareholders, in which Iberdrola will invest €100 M to redesign the electricity distribution grid damaged by the cold drop of 29 October.

The round of meetings continued in Bilbao on 24 March with an appointment at Torre Iberdrola. Ignacio Cuenca, Iberdrola's Director of Investor Relations, met with shareholders to present the company's balance sheet for the past year and the outlines of its future strategy.

Dividend, key to the strategy

Iberdrola is fully committed to its shareholders and dividends are considered a key element. The company has proposed paying a gross dividend of €0.635 per share against the 2024 financial year, reaching the target set for 2026 and 15% more than the €0.553 per share paid out against the 2023 financial year. The participation dividend will be added to this amount once approved at the General Shareholders' Meeting and if the quorum for participation is reached.