Dividends

€0.21 per share, i.e. a pay-out rate of 45%, with an option of payment in new shares at €10.64 per share

A dividend of €0.21 for shares receiving the ordinary dividend  was approved at the Shareholders’ Meeting on 6 May 2021. This amount corresponds to a pay-out rate of 45% of net income excluding non-recurring items ⁽¹⁾.

The dividend for shares which benefits from the loyalty dividend amounts to €.0.231 per share.

Each shareholder would be given the choice between a payment of the dividend in cash or in new shares of the Company.

Price of new shares: €10.64. This price is the average of the opening price of EDF’s shares during the 20 trading days prior to the Shareholders’ Meeting, less the amount of the dividend to be distributed and with a 10% discount rate, rounded to the next cent.

The terms for settlement

• on 12 may 2021: detachment of dividends (ordinary and loyalty);
• from 14 May to 1 June 2021 inclusive: exercise period for the option for payment in new shares;
• on 7 June 2021: dividend payment, and settlement/delivery of shares.

Unless they have opted for payment in new shares between 14 May and 1 June 2021 inclusive, shareholders will receive their dividend in cash on the date of its payment, namely 7 June 2021.

The French State has committed to opt for a scrip dividend payment for 2020 fiscal year.

⁽¹⁾ Adjusted for the remuneration of hybrid bonds booked as equity.