REG-Endesa, S.A. Dividend Declaration

Endesa SAAnnouncement

28/11/2023 15:45

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Dividend Declaration

 

Borja Acha Besga

Secretary of the Board of Directors

Madrid 23 November 2023

In accordance with the provisions of Article 228 of the Spanish Securities
Market Act, Endesa, S.A. hereby issues notice of the following Insider
Information:

The Company's Board of Directors has adopted the following resolutions:

INTERIM DIVIDEND

To distribute to Endesa, S.A. shareholders an interim dividend against FY 2023
profits in the amount of €0.50 gross per share.

Payment of this dividend will be made, subject to the provisions of current
tax regulations, from 2 January 2024 through Banco Santander, S.A., in
accordance with the provisions in force for entities participating in Sociedad
de Gestión de los Sistemas de Registro, Compensación y Liquidación de
Valores, S.A., (IBERCLEAR).

Consequently, the relevant dates for this corporate transaction are as
follows:


 * Date from which the shares of Endesa, S.A. will be traded without the right to
benefit from the dividend (ex-dividend date): 28 December 2023.

 * Date on which the registered shareholders entitled to demand benefits in their
favor from Endesa, S.A. will be identified (record date): 29 December 2023

 * Payment date: 2 January 2024

DIVIDEND POLICY OF ENDESA, S.A. 2023-2026

The Board of Directors promotes an economic-financial strategy that, taking
into account the Company's results and guaranteeing the financial structure,
makes it possible to maximize shareholder remuneration. This will also enable
compliance with the objective of ensuring the sustainability of Endesa’ s
business project.

Unless exceptional circumstances arise, that will be duly reported, as part of
this economic and financial strategy, the Board of Directors will try to
ensure that the ordinary dividend per share that is agreed to be distributed
for the financial years 2023 to 2026, both inclusive, will be the equivalent
to 70% of the ordinary net profit attributable to the Parent Company in
accordance with the Group's Consolidated Financial Statements, with a minimum
of 1 euro gross per share for the years from 2023 to 2026, both inclusive.

The Board of Directors intends to pay this ordinary dividend exclusively in
cash by means of two payments (January and July) on a specific date to be
confirmed for each month and which will be suitably announced.

However, it should be remembered that Endesa’s capacity to pay dividends to
its shareholders depends on numerous factors, including profits obtained, the
availability of distributable reserves and its liquidity situation, and cannot
guarantee that dividends will be paid in future years, nor the amount that
will be paid out.

In line with the principle of transparency set down in Endesa’s market
disclosure strategy, the company will announce any amendments to this dividend
policy sufficiently in advance, in addition to all relevant dates for
shareholders entitled to receive remuneration.

Secretary to the Board of Directors

Endesa, S.A. Registered offices: Calle Ribera del Loira, 60, Madrid.
Registered in the Mercantile Registry of Madrid, page M-6405, volume 323,
folio 1, Spanish Tax ID (C.I.F.) A28023430.

“This English-language version has been translated from the original issued
in Spanish and is provided for informational purposes only. In the event of
discrepancy, the Spanish-language version prevails.”



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Endesa, S.A.


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