Merger Agreement Siemens Gamesa

Following the conclusion of the merger agreements between Gamesa and Siemens, submitted today to the Comisién Nacional del Mercado de Valores (CNMV), Iberdrola will hold 8.1% of the Basque company`s shares. DISCLAIMERCe release was written exclusively by Iberdrola, S.A. (“Iberdrola”) for presentations to media, investors and analysts for information purposes. Therefore, this notification cannot be invoked for any other reason, nor used by any other person or organization, without Iberdrola`s express and prior written consent. Iberdrola disclaims any responsibility for this communication if it is used for purposes other than those mentioned above. The information and observations or statements provided in this communication have not been verified by independent third parties; Therefore, no explicit or tacit assurance is taken as to the impartiality, accuracy, completeness or accuracy of the information or opinions or statements expressed in this information. This communication contains statements, estimates and projections that were made only as an illustration. These statements, estimates and projections reflect various subjective judgments and assumptions of Iberdrola. There can be no assurance that such a projected outcome is achievable or achieved, nor that such events or developments will occur. No explicit or implied assurance or assurance is provided as to the accuracy, completeness or fairness of such statements, estimates or projections. Users of this communication must conduct their own independent investigation to confirm facts, estimates and forecasts as part of their due diligence. Neither Iberdrola, its subsidiaries, nor any other company of the Iberdrola Group, nor its related companies, are liable for damages or losses resulting from the use of this communication or its contents, whether caused by negligence or for other reasons.

Neither this communication nor part of it constitutes a contract, nor can it be used for the recording or construction of a contract or any other type of contract. When this notification is made available, neither Iberdrola nor its related companies undertake to provide additional information to the recipient, nor to update or correct the information contained in it. This communication is not considered to be an indication of the state of the Iberdrola Group`s situation, nor is it an indication that the activity or business of the Iberdrola Group has not changed since the date of that group or from the date of the date of this communication. IMPORTANT INFORMATIONSThe present communication does not constitute an offer or invitation to buy or subscribe shares, In accordance with the provisions of the Royal Decree 5/2005 of 11 March and/or the Royal Decree 1310/2005 of 4 November and its terms of application, in accordance with the provisions of the Royal Decree 5/2005 of 11 March and/or the Royal Decree 1310/2005 of 4 November 2005. In addition, this communication does not constitute an offer to buy, sell or exchange, or a request to buy, sell or exchange securities, or request for a vote or authorization in another country. Forward-LOOKING StatementsThe notice contains forward-looking information and statements regarding Iberdrola and/or its subsidiaries/ies and/or related companies. Forward-looking statements are statements that are not historical facts. These statements include financial forecasts and estimates, as well as their underlying assumptions, statements of plans, objectives and expectations regarding future business activities, products and services, and statements on future performance.

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