Iberdrola will pay out a final dividend of 0.274 euros per share

Capital increase of 1,759 million euros


Total shareholder remuneration charged to the 2021 financial year amounts to 0.449 euros gross per share, 6.4% more than in the previous year.
Iberdrola will pay a final dividend of EUR 0.274 gross per share and will increase capital by EUR 1,759 million.
The company will distribute this final dividend among its 600,000 shareholders in accordance with the terms of the new edition of the 'Iberdrola Flexible Remuneration'
system and the amount is in addition to the gross 0.17 euros per share paid as an interim dividend last February and the 0.005 euros per share of the participation dividend distributed after the shareholders' meeting last June.
As a result, total shareholder remuneration for the 2021 financial year amounts to 0.449 euros gross per share, 6.4% more than in the previous year.
The company stressed that shareholders have three options (not mutually exclusive) to receive the final dividend: to receive the amount in cash; to sell their allocation rights on the market; or to obtain new bonus shares in the group free of charge.
As for Iberdrola's flexible remuneration calendar, 8 July will be the last day on which the company's shares with the right to participate in the optional dividend system 'Iberdrola Retribución Flexible', i.e. with the right to opt for any of the options offered by this system, will be traded.
11 July will be the date for determining the shareholders entitled to participate in the 'Iberdrola Flexible Remuneration' system, while 21 July will mark the end of the common period for choosing and trading the free allotment rights on the market.

On 2 August the dividend will be paid to shareholders who opt to receive it in cash and on 3 August the new shares to be issued as a result of the capital increase will start trading.
Iberdrola has set the maximum reference market value of the capital increase at 1,759 million euros, which, according to the company, "guarantees that the amount of the gross final dividend per share will be at least 0.270 euros".
In this sense, the maximum number of new shares to be issued due to the capital increase is 173,333,333, although the number of shares that will finally be created "will depend on the number of shareholders who choose not to waive their free allotment rights".
" It will be understood that shareholders who opt to receive the supplementary dividend during the common election period in relation to all or part of the shares of the company that they hold will waive, in whole or in part (as the case may be), and expressly, the free allotment rights to which they are entitled," it added.
Iberdrola has specified that the number of free allotment rights required to receive one new share is 36.