COUNTRIES CLIENTS AUSTRALIA EEUU ACCIONA SHAREHOLDERS AND INVESTORS STOCK MARKET INFORMATION SUSTAINABLE FINANCING SUSTAINABLE FINANCING The group's financing strategy is aimed at providing the most efficient solutions both in terms of economics as well as with respect to creating a positive impact. Regarding sustainable financing, taking into consideration market conditions and business strategy at any point in time, the company is using two alternative formats: one format in which the use of funds is committed to specific areas or objectives within the sustainable agenda, and the other format where the determination of the financing cost is linked to ACCIONA's sustainable performance improvements. FINANCING THE SUSTAINABLE AGENDA At present, this format of financing, whether sourced from the capital markets or the banking market, involves the commitment to invest the funds raised in projects that contribute directly to the achievement of objectives linked to the sustainable agenda. These investments are mainly related to the development of renewable energy, access to water and sanitation, infrastructure for sustainable mobility or circular economy, and adaptation to climate change. The company develops business opportunities capable of generating interest in the investment market. Given this growing interest, ACCIONA has developed in 2019 a new green financing framework - reviewed by Sustainalytics - that expands the portfolio of eligible green projects, compared to the previous framework - also reviewed by Sustainalytics -, based on the contribution of the company to a low carbon economy. The financing transactions in this format are carried out under a framework, consistent with the with the European Union Green Bond Standard (EU-GBS) produced by the EU Technical Expert Group (TEG) on Sustainable Finance (June 2019). The EU-GBS is a voluntary standard proposed to issuers that wish to align with best practices in the market. It is designed to be globally relevant and accessible to issuers located both inside and outside the EU. It builds on market best practices such as the Green Bond Principles (GBP) published by the International Capital Markets Association (ICMA) and the Green Loan Principles (GLP) administered by the Loan Market Association (LMA). ACCIONA’s Green Financing Framework has been reviewed by Sustainalytics, which issued a Second-Party Opinion confirming the alignment of the Framework with the Green Bond and Green Loan Principles. ACCIONA´S GREEN FINANCING FRAMEWORK 2019 SECOND PARTY OPINION OF ACCIONA'S GREEN FINANCING FRAMEWORK 2019 ACCIONA GREEN BOND FRAMEWORK 2018 SECOND PARTY OPINION OF ACCIONA'S GREEN FINANCING FRAMEWORK 2018 GREEN TRANSACTIONS AMOUNT (MILLION) MATURITY Loans Bankia Loan AUD 165M AUD 165 December-22 ING Loan AUD 100M AUD 100 July-24 Bankia Loan USD 55 M USD 55 December-21 Unicredit Loan EUR 50 M EUR 50 January-22 Sydicate facility (Chile) USD 200 M USD 150 October-24 EMTN XS2202837121 due July 2023 USD 30 July-23 XS2122902468 due February 2024 EUR 139.8 February-24 XS2343532417 due January 2025 EUR 116.2 January-25 XS2327979675 due April 2025 RON 62 April-25 XS2327979758 due April 2026 PLN 80 April-26 XS2036691868 due August 2026 EUR 174 August-26 XS2318337149 due March 2027 EUR 80 March-27 XS2327979832 due April 2027 PLN 25 April-27 XS2343370412 due May 2027 JPY 10,000 May-27 XS2300169419 due February 2028 EUR 19 February-28 XS1684805556 due December 2030 EUR 118 December-30 XS2309352891 due March 2031 JPY 10,000 March-31 XS2343361007 due May 2031 USD 90 May-31 XS1525867104 due November 2031 EUR 40 November-31 XS2357748016 due June 2034 EUR 70 June-34 XS2248078136 due October 2035 EUR 92 October-35 XS2267085616 due December 2039 EUR 120 December-39 Other transactions Schuldschein 2016 EUR 78.5 Various Schuldschein 2019 EUR 167 Various NSV due October 2034 EUR 50 October-34 NSV due March 2035 EUR 30 March-35 Private Schuldschein EUR 40 Various ACCIONA reports annually on the projects to which the financing instruments for the sustainable agenda received are assigned. In compliance with its green financing framework, the company has requested an independent review of the impact indicators of these projects. The instruments, projects and associated indicators, as well as the independent assurance report, regarding the funds received until December 31 2020, are published in Annex II of the Integrated Report 2020. FINANCING WITH IMPROVEMENT ESG OBJECTIVES This format of financing incorporates in its economic conditions objectives of improving ACCIONA's sustainable performance, across environmental, social and governance (ESG) dimensions. The fulfillment of these objectives is periodically evaluated by international rating agencies, or in the case of specific indicators, by independent auditors. To this end, ACCIONA and ACCIONA ENERGÍA have a Sustainability-Linked Financing Framework, reviewed by DNV GL, which issued a second-party opinion (SPO) confirming its alignment with the Sustainability-Linked Bond Principles published by the International Capital Markets Association (ICMA) and the Sustainability-Linked Loan Principles administered by the Loan Market Association (LMA). The Sustainability-Linked Financing Frameworks have been structured on the basis of an innovative "double impact" ESG scheme that links the cost of financing to the achievement of corporate sustainability objectives and - for the first time - to commitments to generate positive local impact. ACCIONA´S SUSTAINABILITY-LINKED FINANCING FRAMEWORK 2021 SECOND PARTY OPINION OF ACCIONA'S SUSTAINABILITY-LINKED FINANCING FRAMEWORK 2021 ACCIONA ENERGÍA´S SUSTAINABILITY-LINKED FINANCING FRAMEWORK 2021 SECOND PARTY OPINION OF ACCIONA ENERGÍA'S SUSTAINABILITY-LINKED FINANCING FRAMEWORK 2021 "ESG" TRANSACTIONS AMOUNT (MILLION) MATURITY Sindicate Loan EUR 800 M ACCIONA EUR 800 May-26 Chile Bilateral Loan USD 15 M + CLP 10,000 M USD 30 May-22 Sindicate Loan EUR 1,300 M EUR 1,300 May-24 Syndicate ESG Loan EUR 2,500 M ACCIONA Energía EUR 2,500 May-26 Sindicate Loan EUR 2,200 M - Tranche D EUR 1,440 July-24 THE EUROPEAN COMMISSION TAXONOMY FOR SUSTAINABLE FINANCE The active involvement of financial markets in financing the sustainable economy is indispensable for the European Union’s plans to move towards a low-carbon economy. For an activity to be classified as taxonomic, apart from meeting the technical selection criteria, it must also satisfy a minimum of social safeguards and must not contradict any of the other four objectives sought by the regulation: water protection, transition to a circular economy, control of pollution and healthy ecosystems. For the second year in a row, in 2020, ACCIONA carried out a classification of its activities using the criteria in the most recent version of the European taxonomy (draft Delegated Act at the end of 2020), so that 85% of CAPEX, 84% of EBITDA and 47% of the company’s sales meet the requirements established in relation to the mitigation of climate change. EU LOW CARBON TAXONOMY CASE STUDY: ASSURANCE REPORT FY2019 PDF 814KB ACCIONA CASE STUDY: EU TAXONOMY LEAFLET FY2019 PDF 814KB EU LOW CARBON TAXONOMY CASE STUDY: ASSURANCE REPORT FY2020 PDF 814KB ACCIONA CASE STUDY: EU TAXONOMY LEAFLET FY2020 PDF 814KB DECODING THE EU TAXONOMY VALUES WITHIN THE REQUERIMENTS SET BY THE EU 85 % CAPEX 84 % EBITDA 47 % REVENUES YOU MIGHT BE INTERESTED DIVIDENDS See all the information about the dividend. ACCESS ANALYST OPINION Entity, analyst, recommendation, target price and date, ACCESS INVESTOR CALENDAR See the calendar of events for investors. ACCESS PLEASE ENTER YOUR COUNTRY OF RESIDENCE: PLEASE ENTER YOUR COUNTRY OF RESIDENCE: SUBSCRIBE TO OUR NEWSLETTER Receive news from ACCIONA in your email: news, job offers or innovation and sustainability articles. I accept Information on data protection test BUSINESS AS UNUSUAL, A PHILOSOPHY We do business in a sustainable way, making a positive contribution to the sustainable development of society and the planet. EXPERTS IN DESIGNING A BETTER PLANET In this century of progress, sustainability and innovation are key criteria for designing projects that will help solve the planet's major challenges. WORK WITH US If you want to make a positive impact on your surroundings and make the planet a better place, join the movement for change. Browse our job opportunities. ENERGY TRANSPORT WATER SOCIAL CITIES REAL ESTATE FINANCIAL LEGAL NOTEPRIVACY POLICYWEBSITE COOKIESWEB MAPACCIONA WEBSITES Copyright © 2020 ACCIONA "We're not just driving sustainable development and the fight against climate change, we're creating awareness to help you join the movement too. If you'd like to know more about renewable energies, water treatment, green hydrogen or related topics."