Iberdrola Hosts Shareholders’ Day in San Sebastián Ahead of May 29 Meeting

Iberdrola Hosts Shareholders’ Day in San Sebastián Ahead of May 29 Meeting

Iberdrola has organised a new edition of its Shareholders’ Days in San Sebastián as part of a wider nationwide initiative designed to strengthen engagement with its investor base ahead of its General Shareholders’ Meeting, which is scheduled to take place on 29 May. The event in the Basque city forms part of a broader series of in-person gatherings being held across multiple Spanish cities, reflecting the company’s continued emphasis on transparency, proximity, and active communication with its shareholders.

This year’s Shareholders’ Days programme has expanded significantly compared to previous editions. Iberdrola has tripled the number of host cities, signalling a clear effort to broaden participation and make it easier for shareholders across different regions to attend and engage directly with the company’s leadership. The initiative is rooted in the company’s strategy of fostering long-term relationships based on open dialogue and active listening, rather than limiting communication to formal annual meetings alone.

The series of events began in Valencia and has already continued through Zaragoza and San Sebastián. Upcoming sessions are scheduled for 5 May in Pamplona, 13 May in Madrid, and 26 May in Bilbao. Based on participation levels seen in earlier years, Iberdrola expects that total attendance across all sessions will exceed 2,000 shareholders, underscoring the strong interest in these meetings and the company’s approach to investor relations.

A central focus of the Shareholders’ Days is to provide participants with direct access to information about the company’s performance, strategy, and long-term vision. In line with this objective, Iberdrola’s Investor Relations team delivered presentations outlining the key milestones that have shaped the company’s transformation into a global energy leader. These presentations are also aligned with the company’s broader 125th anniversary celebrations, which highlight its long history and evolution within the energy sector.

During the sessions held in Aragon as part of the programme, shareholders were briefed on the company’s development over the past quarter-century, a period during which Iberdrola has undergone significant international expansion and strategic transformation. The presentations emphasised the company’s shift toward renewable energy, its investment in grid infrastructure, and its diversification across key global markets.

A major highlight of the presentation was the overview of Iberdrola’s Strategic Plan through to 2028. This plan sets out the company’s priorities for the coming years, focusing on continued growth in regulated networks, renewable energy expansion, and enhanced efficiency. The Investor Relations team also presented strong financial results for the 2025 financial year, during which Iberdrola reported a record net profit exceeding €6.2 billion. This performance was cited as evidence of the company’s resilience, operational strength, and ability to deliver consistent results in a complex global energy environment.

Beyond financial and strategic updates, the Shareholders’ Days are also designed to serve as an interactive platform. They allow participants not only to receive information directly from the company’s management team but also to ask questions, share feedback, and better understand the initiatives shaping Iberdrola’s future direction. In addition, shareholders are given the opportunity to participate remotely in the upcoming General Shareholders’ Meeting and receive the traditional commemorative gift associated with the event.

One of the notable features of the San Sebastián event was the inclusion of the “125 Light Years” exhibition, created to mark Iberdrola’s 125th anniversary. This exhibition provides a visual and historical journey through the company’s development, combining photography, video installations, and archival materials to illustrate its evolution from its origins to the present day.

The exhibition includes historical images from the company’s early years in the Basque Country, featuring scenes from Bilbao and documenting the founding of Hidroeléctrica Ibérica in the early twentieth century. These materials offer insight into the industrial and technological context in which the company emerged. Visitors can also view early infrastructure projects related to electricity generation and distribution, as well as original documents that trace the establishment and growth of the business during its formative years.

In addition to its historical focus, the exhibition highlights Iberdrola’s technological progress and architectural legacy. Iconic structures and modern developments are featured alongside archival materials, illustrating how the company has evolved alongside broader changes in society and industry. Among the more recent symbols of its presence in the Basque Country is the Torre Iberdrola, a landmark skyscraper that represents the company’s modern identity and long-standing connection to the region.

The Shareholders’ Days initiative also reflects Iberdrola’s broader commitment to improving shareholder engagement and participation in corporate governance. The General Shareholders’ Meeting itself will be held in a hybrid format, allowing both in-person attendance and remote participation. This dual approach is designed to make the meeting more accessible to a wider range of investors, regardless of their location.

To further facilitate participation, Iberdrola has implemented a range of digital and remote tools. Shareholders are able to participate in advance through the company’s official website, as well as through dedicated support channels such as a shareholder helpline, instant messaging services, and postal voting options. One of the key innovations is the consolidated proxy voting system, which allows shareholders to manage all of their holdings through a single card, regardless of where the shares are held. This system improves both convenience and security, incorporating features such as QR codes and access credentials to ensure safe and efficient voting.

The company also continues to maintain several permanent channels of communication with its investors, including the Shareholder Office, the Investor Relations Office, and a Virtual Shareholder Assistant. These resources are designed to ensure ongoing access to information and support throughout the year, not just during the annual meeting period.

As part of the agenda for the upcoming General Shareholders’ Meeting, Iberdrola’s Board of Directors will propose a significant shareholder remuneration package. This includes a supplementary dividend of €0.427 per share, which will be added to the interim dividend of €0.253 per share already distributed on 2 February. In total, the company plans to allocate approximately €4.5 billion in dividends for the 2025 financial year.

In addition, the Board will propose a participation dividend of €1 gross for every 200 shares held, subject to the meeting achieving a quorum of 70% of share capital. This proposal reflects the company’s continued commitment to delivering value to its shareholders while maintaining a balanced and sustainable financial structure.

Overall, Iberdrola’s Shareholders’ Days in San Sebastián and other cities represent more than a series of informational events. They form part of a broader strategy aimed at reinforcing trust, enhancing transparency, and strengthening long-term relationships with shareholders. By combining financial performance updates, historical reflection, interactive dialogue, and improved participation mechanisms, the company continues to position itself as an organisation committed to openness and engagement as it moves into its next phase of growth.

Source Link: https://www.iberdrola.com/