Mandatory convertible bond subscribed by QIA converted into new RWE shares

The acquisition of Con Edison CEB by RWE and the additional growth was financed, among other things, by issuing a mandatory convertible bond to a subsidiary of the Qatar Investment Authority (QIA) in October 2022. Today, this mandatory convertible bond with an aggregate principal amount of €2,427.6 million, was converted into 67.6 million new ordinary shares in RWE AG. QIA’s share in the share capital of RWE AG is now around 9.1 %. The total number of all RWE shares now amounts to 743,841,217 shares. The new shares are entitled to dividends for the past fiscal year 2022.