DIVIDEND POLICY

REN's dividend policy is influenced by relevant factors at the time of allocation of results. These include its distributable profits, its financial situation and financing needs (capital expenditure, investment plan, etc.), its business outlook or the conditions applicable to the pursuit of its activities.

REN is delivering compelling returns to the holders of its shares and maintaining a clear and sustainable dividend policy. From 2013 to 2021, the dividend paid was 17.1 cents per share once a year, typically 30 days after the General Shareholders Meeting. In 2021, the company revised its dividend policy for the period until 2024, implementing a bi-annual dividend distribution policy, setting a minimum value of 15.4 cents per share.

For 2021, the General Shareholders Meeting approved the payment of a dividend of 15.4 cents per share, proposed by REN's Board of Directors.

In line with the Company's strategic plan, the Board of Directors approved the payment of dividends, as an advance on profits, in the amount of €0.064 per share. The interim dividend relating to the financial year 2022 will be payable as from the 23^rd December 2022.

Dividend's evolution

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