Iberdrola’s Executive Chairman, Ignacio Galán, participated in the latest edition of the company’s Shareholders’ Conference, which took place at its headquarters in the Torre Iberdrola in Bilbao. This meeting is part of a wider series of shareholder events being held across several cities in the run-up to the General Shareholders’ Meeting scheduled for Friday, 29 May.

The conference in Bilbao lasted the entire day and brought together nearly a thousand shareholders. Ignacio Galán, along with other members of the company’s executive team, shared updates and engaged directly with attendees. Shareholders were given a clear overview of how the company has transformed over the last 25 years, becoming Europe’s leading electricity company and one of the two largest globally by market capitalisation, now standing at 135 billion euros.

They also received a detailed explanation of the main objectives of Iberdrola’s Strategic Plan through 2028, as well as the strong financial performance recorded in the 2025 fiscal year.Building on the positive reception of previous editions, Iberdrola has significantly expanded the scope of these meetings.

This year, the company tripled the number of cities hosting Shareholders’ Days to strengthen engagement and create more opportunities for direct dialogue. In addition to Bilbao, the sessions were held in Madrid, Valencia, Zaragoza, Pamplona and San Sebastián, attracting more than 2,000 shareholders overall.Attendees were also able to visit the “125 Light Years” photography exhibition, which presents a visual journey through Iberdrola’s history and current activities.

The exhibition is part of the company’s cultural and musical programme celebrating its centenary. After touring several cities, it arrived in Bilbao with special significance, as it pays tribute to the city where the company was founded and acknowledges its role in Iberdrola’s development over the last century.Looking ahead to the General Shareholders’ Meeting, Iberdrola is offering both in-person and remote participation options.

Shareholders can take part through the corporate website, a dedicated helpline, instant messaging, email and postal voting. The company has also streamlined the process by introducing proxy forms that consolidate all of a shareholder’s holdings, regardless of where the shares are kept. These forms include a QR code and an access code to make participation more secure and more convenient.These measures reflect Iberdrola’s ongoing effort to maintain an open, accessible and sustainable model for its annual meetings.

Shareholders also continue to have access to permanent communication channels, including the Shareholder Office, the Investor Relations Office and the Virtual Shareholder Assistant.As part of the proposals to be presented at the upcoming General Shareholders’ Meeting, the Board of Directors will recommend approving a supplementary dividend of 0.427 euros per share.

This comes in addition to the interim dividend of 0.253 euros per share that was paid on 2 February. In total, Iberdrola plans to distribute 4.5 billion euros in dividends for the 2025 financial year. The company will also propose paying a participation dividend of 1 euro gross for every 200 shares, provided that the meeting reaches a quorum of at least 70 per cent of the share capital.

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