Iberdrola, the first company to use blockchain to certify shareholdings in the General Shareholders ’ Meeting
This data recording technology ensures the traceability and invariability of the recorded data • In line with its commitment to digitalisation, the company also makes it possible to follow the General Shareholders’ Meeting on TVIberdrola takes another step forward in making its board more transparent, accessible, digital and participatory. The company has strengthened its channels with its further than shareholders to promote their involvement in the group’s most important opinions, making use of digital and innovative tools. Iberdrola will use blockchain technology to certify shareholder participation in the General Meeting to be held on 17 June. It therefore becomes the first Ibex 35 company to apply this technology for all investors in the most important event of theyear.Any shareholder sharing in the General Shareholders’ Meeting through the Iberdrola portal can corroborate that its electronic vote or deputy has been rightly registered in the blockchain network. Shareholders may make the discussion from the time their participation is registered until one month after the holding of the General Shareholders’Meeting.Blockchain will also certify the delegates and votes of shareholders who, from 8 June, go to the service points that will be opened in Madrid, Barcelona, Bilbao, Santander, Valladolid, San Sebastián, Zaragoza and Valencia. With the ensigns installed at these locales, which have formerly been used at former Iberdrola meetings, shareholders will simply have to overlook their ID card to accredit themselves and share via thewebsite.Blockchain is a technology for recording information that ensures the traceability and invariability of the data recorded. Each vote or deputy entered through the Iberdrola Portal is stored in the blockchain network in a secure and incommutable manner and is translated, guaranteeing its confidentiality. Shareholders will be suitable to bounce telematically or by deputy from 13 May to 16June.One of the great advantages of the blockchain is that formerly data is recorded, it’s insolvable to modify it. In fact, the database has a history of every single sale since the technology was created. The technological revolution of blockchain allows for smarter and further secure valuetransactions.Iberdrola wants to encourage the participation of its shareholders, and to this end, it provides a large number of channels to make it easy for them to share. One illustration of this is that Iberdrola was the first Spanish company to allow its shareholders to exercise their voting rights via moment messaging systems. To bounce through this channel, shareholders will simply have to shoot an image of their inked deputy and remote voting card by WhatsApp( to the number 34639000639) or by Telegram( to the Junta Iberdrola account). In this environment, Iberdrola recommends that shareholders and their deputy representatives attend telematically or share ever previous to the Meeting in order to save their health, promote sustainability, and avoid the vexation performing from any measures that may be assessed by theauthorities.To encourage involvement, it has proposed a” participation tip” to the General Shareholders’ Meeting of0.005 euros gross per share( one euro gross for every 200 shares). Still, which would be regulated in the Articles of Association, and 70 of the quorum is reached, If the Meeting approves this new incitement. With this new remuneration, the company is the first and only Ibex 35 company to award its shareholders in this way at the company’s most importantevent.THE GENERAL SHAREHOLDERS’ MEETING ON TV This invention is part of a more digital Board conception. In this environment, Iberdrola has created Iberdrola Shareholders NEWS, an audiovisual platform simply for members of the OLA Shareholders’ Club, with which they can pierce the most applicable content about the company from a Smart Television- also available for computers and mobile bias-, similar as fiscal, artificial, and socialinformation.Such is the company’s commitment to digitalisation that a decade ago Iberdrola was the first Ibex 35 company to have a specific mobile operation for investors and shareholders Iberdrola Investor Relations. Through it, investors can consult all applicable information on the profitable-fiscal performance of the company from their mobile bias. Investors can also use this operation to follow Iberdrola’s results donations via webcast, as well as the holding of the General Shareholders’ Meeting. The elaboration of the share price is also offered in real time, as well as access to partake price maps. All these enterprise are rounded by face- to- face channels, similar as the shareholder service points, which after two times closed due to the epidemic, have returned with a 50 increase in the number of locales. In all of them, it’ll be possible to delegate, bounce and collect a gift for sharing from 8 to 16 June. In addition, investors will be suitable to use Iberdrola’s free shareholder helpline, 900100019.