E.ON increases dividend for ninth time in a row

EQS-News: E.ON SE / Key word(s): AGM/EGM
E.ON increases dividend for ninth time in a row

16.05.2024 / 15:50 CET/CEST
The issuer is solely responsible for the content of this announcement.

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The Annual General Meeting of E.ON SE took place today in virtual format.
The resolutions included the payment of a dividend of 53 cents per share for
the 2023 financial year. This represents an increase of four percent
compared with the prior year and is also the ninth dividend increase in a
row. Shareholders are to continue to benefit from the company's growth
agenda. E.ON CEO Leonhard Birnbaum reaffirmed the company's goal of raising
the dividend by up to five percent per year through 2028. The Group aims to
increase the dividend per share annually beyond this as well.

"Our growth strategy is bearing fruit. Our results for the first quarter of
2024 demonstrate our investment-driven growth and our strong operating
performance. We are on track to achieve our target of more than EUR11 billion
EBITDA in 2028. We are creating value for society and value for our
shareholders," said E.ON CEO Leonhard Birnbaum in his speech at today's
Annual General Meeting.

As in previous years, the shareholder participation in the virtual event was
at a high level. Around 67 percent of E.ON's capital stock was represented.
Shareholders approved the actions of the members of the Board of Management
and the Supervisory Board for the fiscal year 2023 with large majorities of
over 98 percent and over 99 percent, respectively.

For this year's Annual General Meeting, E.ON once again adapted the event
format and the question and answer process in order to offer shareholders an
informative and lively event. During the Annual General Meeting,
participants had the possibility to ask their questions as part of a live
speech. Submitting questions in advance was therefore not necessary. In
addition or alternatively to a live speech, written statements could be
submitted, which were published to be viewed in E.ON's online service by all
registered shareholders.

At last year's Annual General Meeting in May 2023, a majority of the
registered shareholders had voted in favor of the possibility to conduct the
event virtually this year as well. When deciding on the event format, E.ON
focuses in particular on safeguarding shareholders' rights. It also takes
into account aspects like the agenda, energy and resource consumption, and
process security.

An overview of the voting results on the agenda items and a recording of the
public part of the E.ON Annual General Meeting 2024 are now available at:
https://www.eon.com/en/investor-relations/shareholders-meeting.html
Footage of the E.ON Annual General Meeting is also available on our website:
https://www.eon.com/en/about-us/media/pictures.html#events


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16.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        E.ON SE
                   Brüsseler Platz 1
                   45131 Essen
                   Germany
   Phone:          +49 (0)201-184 00
   E-mail:         info@eon.com
   Internet:       www.eon.com
   ISIN:           DE000ENAG999
   WKN:            ENAG99
   Indices:        DAX, EURO STOXX 50
   Listed:         Regulated Market in Berlin, Dusseldorf, Frankfurt
                   (Prime Standard), Hamburg, Hanover, Munich, Stuttgart;
                   Regulated Unofficial Market in Tradegate Exchange
   EQS News ID:    1905181

End of News EQS News Service
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1905181 16.05.2024 CET/CEST