Iberdrola meets with minority shareholders in Bilbao to outline its business strategy

Iberdrola its round of meetings with retail shareholders continued this afternoon in Bilbao, Spain at a meeting at Torre Iberdrola. The mission of this initiative is to promote a permanent, fluid and close dialogue with shareholders, who are at the core of Iberdrola's strategy.

On this occasion, 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.

In 2024, the company recorded record figures for results, dividends, social contribution and market capitalisation, with more than €90 B, consolidating its position as the leading electricity company in Europe and second in the world.

Later on, Iberdrola will hold other meetings with a focus on different business areas that will be attended by other top-level executives.

The first meeting was held on 28 January in Valencia, where Eva Mancera, CEO of i-DE, 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 network damaged by the cold drop on 29 October.

The meetings are held in person and are broadcast live on Shareholder Event.

365 engagement and participation policy

These initiatives are part of the shareholder engagement policy, approved by the Board of Directors 10 years ago and included in the Articles of Association, with a special focus on small investors.

Iberdrola was a pioneer in introducing this strategy in company management, which seeks to involve all its stakeholders in its business project, based on 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 Shareholders' Club. Any question, query, initiative or proposal made over the website – confidentially or openly to other shareholders – is answered within 48 hours. You can register for the OLA over its website

The electricity company also has other means to communicate with its investors, such as the free telephone 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.

Iberdrola was one of the first listed companies to offer its investors a Shareholders' Club to promote this permanently open relationship channel and to reward, with exclusive advantages, all persons who have shown their support and trust in the company's track record. Over the years, this initiative has consolidated to be deemed a best practice by the rest of the large listed companies on the Spanish stock exchange.

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. To this amount will be added the participation dividend once approved at the General Shareholders' Meeting and if the quorum for participation is reached.

One of the characteristics most valued by analysts is the company's profitability. Since 2001, the Iberdrola share has increased in value from €3.5 to over €14 and has distributed more than €7.7 in dividends.