Elecnor Group shareholders approve the 2025 annual accounts and a total dividend charged to 2025 earnings of 44.3 million euros

The General Shareholders' Meeting of Grupo Elecnor, held today in Madrid, has approved by a large majority the accounts corresponding to the 2025 financial year, as well as all the points proposed on the agenda.

Among them, the appointments of Carmen Morenés Giles and Marta Prado Aranguren as new proprietary directors, replacing Miguel Morenés and Rafael Prado, stand out particularly.

In this regard, the Chairman of Grupo Elecnor, Jaime Real de Asúa, has publicly thanked “the enormous dedication of Miguel Morenés and Rafael Prado during their more than 38 and 32 years, respectively, as directors at Elecnor and their contribution to positioning the Group in the excellent position it holds today”.

Carmen Morenés joins the board of Grupo Elecnor after an extensive career in the institutional, corporate, and foundational fields. A graduate in Economic and Business Sciences from the Complutense University of Madrid, she joins the company after serving as General Director of Fundación Telefónica between 2015 and 2024, as well as being a trustee in the same organization since 2023.

For her part, Marta Prado holds a degree in Economic and Business Sciences from CUNEF and has more than 38 years of experience in the technology sector, especially in the international arena. For the last ten years, she has been a senior business analyst at Hewlett Packard Enterprise (HPE).

Dividend Approval

The General Shareholders' Meeting of Grupo Elecnor has also approved the distribution of a supplementary dividend charged to the 2025 results of 36.3 million euros, equivalent to 0.417 euros per share. This amount will be paid on June 10th.

To this amount, the interim dividend already paid of 8.0 million euros is added, bringing the total to 44.3 million euros allocated to dividends charged to the 2025 results.

The cash generation from the businesses, as well as the financial assets held by the Group, reinforce the commitment to distribute more than 220 million euros in dividends over the three-year period of the 2025-2027 Strategic Plan.

Alberto García de los Ángeles, CEO of Grupo Elecnor, has highlighted: “The operational and financial evolution of the Group allows us to maintain an attractive and sustainable shareholder remuneration policy, with dividends always paid in cash. This dividend policy is compatible with our investment plan of more than 400 million euros and with the growth projected in the Strategic Plan”.

Solid Financial Results

Throughout the General Shareholders' Meeting, the financial results achieved at the close of 2025 were also highlighted.

In the first year of execution of the 2025-2027 Strategic Plan, Grupo Elecnor achieved 4,387 million euros in revenue and exceeded 110 million euros in net profit, recovering the level of net results prior to the sale of Enerfín in 2024. Thus, the company meets the objectives set out in its roadmap of exceeding 100 million euros in annual profit and 4,000 million euros in revenue.

The good performance of the group's businesses has also allowed the first quarter of the year to close with an 8.1% increase in profit compared to the same period of the previous year. In the same vein, EBITDA increased by 6.6% and revenue by 3.7%.

“In 2025, we have achieved what we presented to you a year ago. The results demonstrate that the Strategic Plan is no longer just a roadmap, but a reality in motion. We are very satisfied with the good work in this first stage of the plan's execution and convinced that we have the right strategy to fulfill our corporate purpose: to drive development and create opportunities,” stated Alberto García de los Ángeles, CEO of Grupo Elecnor.

Commitment to Sustainability

Grupo Elecnor is aware of the importance of its actions on people and the environment where it carries out its activities. The commitment to sustainability and its integration into strategic plans allow for quantitative and qualitative growth.

In this regard, the company continues to execute the Sustainability Strategic Plan, initiated in the past financial year, which reflects the Group's unavoidable commitment to people, society, and the environment, always through ethical and responsible management.

Regarding this, Jaime Real de Asúa, Chairman of Grupo Elecnor, affirmed: “We are clear that sustainability at Grupo Elecnor is articulated around the purpose of being a global provider of infrastructure, energy, and services, driving development and creating opportunities worldwide. But our commitment to sustainability is inherent to the entire development of our activities and business strategy, as well as in our relationships with our stakeholders”.

Other Agreements of the General Shareholders' Meeting

1. By majority, at the proposal of the Board of Directors and after a justifying report from the latter and the Appointments, Remuneration and Sustainability Committee, the re-election of:
   • Re-election of Mr. Jaime Real de Asúa Arteche as a Director of the Company, with the category of proprietary director for the statutory term of four years.
   • Re-election of Mr. Ignacio María Prado Rey-Baltar as a Director of the Company, with the category of proprietary director for the statutory term of four years.
   • Re-election of Mr. Miguel María Cervera Earle as a Director of the Company, with the category of proprietary director for the statutory term of four years.
   • Re-election of Mr. Juan Ignacio Landecho Sarabia as a Director of the Company, with the category of proprietary director for the statutory term of four years.
   • Re-election of Ms. Irene Hernández Álvarez as a Director of the Company, with the category of independent director for the statutory term of four years.
   • Re-election of Ms. Francisca Ortega Hernández-Agero as a Director of the Company, with the category of independent director for the statutory term of four years.
2. Approval by majority of the management carried out by the Company's Board of Directors during the 2025 financial year.
3. Re-election for one year of PricewaterhouseCoopers Auditores, S.L. as Auditor of Accounts of the Company and its consolidated Group.
4. Advisory vote approved by majority of the Annual Report on Directors' Remuneration corresponding to the 2025 financial year.