
Iberdrola Celebrates 10 Years of Shareholder Engagement
Iberdrola, Europe’s leading electricity company by market capitalization and the second largest globally, is commemorating the 10th anniversary of its Shareholder Engagement Policy. Initiated in 2015, this policy underscores the company’s dedication to fostering transparent and continuous relationships with its shareholders. To mark this milestone, Iberdrola has unveiled a new engagement platform aimed at enhancing shareholder interaction and participation.
Pioneering Shareholder Engagement
In 2015, Iberdrola’s Board of Directors approved the Shareholder Engagement Policy, positioning the company at the forefront of shareholder relations. This strategic initiative, embedded within the company’s Articles of Association, was designed to facilitate active shareholder involvement beyond the confines of the General Shareholders’ Meeting. The policy emphasizes year-round transparency, proactive communication, and effective dissemination of corporate activities.
Core Principles of the Engagement Policy
Iberdrola’s engagement strategy is built upon seven foundational principles:
- Transparency: Maintaining open and clear communication channels with shareholders.
- Encouraging Participation: Promoting shareholder involvement in various company-organized activities throughout the year, with particular emphasis on the General Shareholders’ Meeting.
- Proactive Interaction: Building a sense of belonging among shareholders through active engagement initiatives.
- Active Listening: Attentively considering shareholders’ opinions, concerns, and suggestions.
- Equal Treatment: Ensuring all shareholders are recognized and exercise their rights equitably.
- Innovation: Leveraging new technologies to enhance shareholder engagement and communication.
- Ongoing Improvement: Continuously adapting to changes and seizing opportunities to refine engagement practices.
Launch of the New Shareholder Engagement Platform
To commemorate the 10th anniversary of its engagement policy, Iberdrola has introduced a new digital platform aimed at deepening its relationship with shareholders. This platform serves as a comprehensive hub, providing shareholders with access to communication channels, event information, and participation opportunities. It reflects Iberdrola’s commitment to fostering a permanent and stable relationship with its investors, facilitating long-term value creation.
Features of the Engagement Platform
The newly launched platform offers several key features:
- Comprehensive Communication Channels: Provides shareholders with various means to stay informed and engaged, including updates on company activities and decisions.
- Event Participation: Encourages involvement in the General Shareholders’ Meeting and other events, offering detailed information and participation guidelines.
- Special Meeting Section: Hosts all relevant information pertaining to the upcoming 2025 Shareholders’ Meeting, scheduled for May 30. This includes access to documents such as the fiscal transparency report and the integrated report, underscoring Iberdrola’s commitment to transparency.
Highlights of the Upcoming General Shareholders’ Meeting
The 2025 General Shareholders’ Meeting is set to address several significant agenda items:
- Financial Performance Approval: Shareholders will review and approve the financial results for the 2024 fiscal year, during which Iberdrola invested €17 billion and achieved a 17% increase in net profit, totaling €5.612 billion.
- Dividend Distribution: A proposal for a final dividend of €0.404 gross per share will be presented. Combined with the €0.231 interim dividend paid in January, this brings the total dividend to €0.635 per share, marking a 15% increase from the previous year.
- Additional Engagement Dividend: For the fourth consecutive year, an additional dividend of €0.005 gross per share (€1 gross for every 200 shares) is proposed for shareholders if a quorum of at least 70% of the share capital is achieved.
Diverse Participation Channels for Shareholders
Iberdrola offers multiple avenues for shareholder participation in the General Shareholders’ Meeting:
- OLA Shareholders’ Club Members: Receive a personalized QR code for quick and easy voting via the dedicated voting page.
- Non-Members: Can participate using their share number or electronic signature through the same voting platform.
- Instant Messaging Systems: Shareholders may vote by sending a picture of their signed proxy and remote voting card via WhatsApp or Telegram.
- Email: Votes can be submitted by sending signed cards to the designated email address.
- Telephone: A toll-free number is available for shareholders preferring to vote by phone.
- Postal Service: Shareholders can mail their signed proxy and remote voting cards to the provided postal address.
- In-Person Customer Service Points: Physical locations in Bilbao, Madrid, Valencia, Valladolid, and Zaragoza are available for shareholders to delegate and vote from May 21 to May 29.
As an added incentive, shareholders visiting these customer service points will receive a gift, and 30 electric bicycles will be raffled among those participating via the corporate website or telephone channel.
Year-Round Shareholder Engagement Initiatives
Beyond the General Shareholders’ Meeting, Iberdrola is committed to maintaining ongoing dialogue with its shareholders through various initiatives:
- Shareholders’ Office: Provides continuous information and support to shareholders, addressing queries and facilitating engagement.
- Interactive Application for OLA Shareholders’ Club Members: Offers a platform for members to stay informed and participate in company activities.
- Face-to-Face and Online Meetings: Organizes meetings in various cities across Spain throughout the year to foster dialogue, address questions, and gather shareholder suggestions.