RWE AG

Mandatory convertible bond subscribed by QIA converted into new RWE shares

Essen, 15 March 2023

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.

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