AES Reports Positive Momentum in First Quarter; Reaffirms 2023 Guidance; Introduces New Strategic Business Units

First quarter 2023 Diluted Earnings Per Share from Continuing Operations (Diluted EPS) was $0.

AES Announces Final Remarketing Period for its 0% Series A Cumulative Perpetual Convertible Preferred Stock Relating to its 2021 Equity Units Offering

Accordingly, the shares associated with the combined instrument are already reflected in diluted earnings per share using the if-converted method.

AES Announces Quarterly Dividend

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934.

News

AES Completes First Phase of Largest Solar-Plus-Storage Project in the United States

The Company expects to recognize the significant earnings associated with placing Bellefield 1 in service in the second half of this year, as planned.