Corporate Governance Roadshow - Dr. Karl-Ludwig Kley - Chairman of the Supervisory Board November 2018 - EOn
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Corporate Governance
Roadshow
Dr. Karl-Ludwig Kley – Chairman of the Supervisory Board
November 2018
Agenda 1. E.ON – Creating the future of energy 2. Supervisory Board and Committee Work 3. Management Remuneration 4. Environment and Social Impact 5. Back Up
E.ON – Position of Strength E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
115
Key Achievements in 2018 Announcement of innogy Uniper stake sold
110 transaction SSE profit warning
• innogy transaction announcement
105
• FY 2017 results at upper end of guidance;
100 -1%
Economic Net Debt reduced significantly -3%
95
Q1 18 results
• Voluntary PTO for innogy minority shareholders
90
successfully completed, 86.2% stake after PTO FY 17 results H1 18 results
85
• Sale of Uniper stake to Fortum completed Jan 18 Mar 18 May 18 Jul 18 Sep 18 Nov 18
E.ON Stoxx Utilities
Energy Customer Renewables
Networks Solutions
>22m 7 GW Renewable
€23bn RAB
Customers Across Europe capacity delivered
3
€1.9bn EBIT in 2017 €0.5bn EBIT in 2017 €0.5bn EBIT in 2017 3
Creating the Future of Energy
E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
Structure today
~77%
E.ON innogy RWE
Target structure
16.67%
Future E.ON (via 20% capital increase against contribution in kind) RWE
4
Investor Agreement with RWE Ensures Equal E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Treatment of Shareholders and Sound Governance Environment and Social Impact
Preamble • RWE to act purely as financial investor
Corporate
• Right to nominate one Supervisory Board member
Governance
Shareholder • Not allowed to increase stake above 16.67%
structure and rights • Not allowed to sell to an E.ON competitor
5
E.ON’s Two-Tier Governance Structure E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
Annual
Shareholders
Meeting Special features of an SE Supervisory Board
• German Co-Determination Act not applicable to
SE, instead agreement on the involvement of
employees
appoints, • More flexibility regarding size and composition of
controls, Supervisory Board, especially regarding
advises
internationality of employee representatives
Supervisory Board of
Board Management
regularly reports to
6
E.ON Supervisory Board – E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Experienced, Diverse and Independent Environment and Social Impact
14 Board Members Member of the E.ON Supervisory Board for
7 Shareholder
Representatives
10
7
2 2
Employee
Representatives 5 Years
Age Nationality Work experience gained1
14% 4
36% 43%
57% 2
50% 1
>65 5 Other
55-65 Other Nationalities Companies Companies
7
1. Only Shareholder Representatives; other companies outside E.ON Group
E.ON Supervisory Board E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Shareholder Representatives Environment and Social Impact
Erich Clementi Andreas Schmitz
Deputy Chairman Born 1960, German
Born 1958, Italian Member since 2016
Member since 2016 Particular expertise in financial
Expert in digital analysis and capital markets
transformation and strategy
Klaus Fröhlich Dr. Karen de Segundo
Born 1960, German Born 1946, Dutch
Member since 2018 Member since 2008
Expert in brand and product In-depth knowledge of energy
strategies and digitization; market and regulated industries
particular focus on e-mobility experience
Dr. Karl-Ludwig Kley
Carolina Dybeck Happe Ewald Woste
Chairman of the Supervisory Board
Born 1972, Swedish Born 1960, German
Born 1951, German
Member since 2016 Member since 2016
Member since 2016
Profound experience in finance Extensive expertise in the energy
Extensive leadership and
and digital transformation of sector
supervisory board experience
products and services
8
E.ON Supervisory Board E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Employee Representatives Environment and Social Impact
Clive Broutta Fred Schulz
Born 1960, British Born 1962, German
Member since 2014 Member since 2014
Expert in HSE and Sustainability Experience in grid operations and
HR management
Szilvia Pinczésné Márton Elisabeth Wallbaum
Born 1969, Hungarian Born 1975, German
Member since 2018 Member since 2016
In-depth knowledge of the Expertise in Energy generation and
network business and co- IT-based process control
determination matters
Andreas Scheidt
Deputy Chairman of the Eugen Gheorghe Luha Albert Zettl
Supervisory Board Born 1957, Romanian Born 1966, German
Born 1964, German Member since 2012 Member since 2016
Member since 2015 Profound expertise in the gas Background in the fields of grid
In-depth knowledge of the energy business management, grid distribution
business
9
Supervisory Board Elections E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
2016 2017 2018 2019 2020 2021 2022 2023
Dr. Karl-Ludwig Kley
Erich Clementi
Klaus Fröhlich
Carolina Dybeck Happe
Andreas Schmitz
Dr. Karen de Segundo
Ewald Woste
10Skills Profile of Shareholder Representatives E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Ensures Superior Governance and Committee Work Environment and Social Impact
Skills Profile Self imposed Diversity
Experience in companies or other large organizations, composition targets2 Concept
Leadership
familiar with capital markets and/or a board member1
Experience of listed organizations • Independence • International experience
Familiar with innovation, disruption and digitization as • Maximum number of • Representation of
Innovation & terms women
well as associated new business models and cultural
Digitization change • Age diversity
• Sufficient time
• Etc.
Markets & Specific expertise in businesses and markets relevant
Businesses to E.ON
Expertise in the field of accounting and risk
Risk &
management as well as in auditing of financial
Accounting statements
Legal & Familiar with legal and compliance as well as
Compliance sustainability, IT and HR
11
1. Member of Supervisory Board or Executive Board 2. According Rules of Procedure for the supervisory board of E.ON SEEfficient Cooperation in Board Committees E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
Presidial Committee Nomination Committee
• Prepares the supervisory board’s personnel decisions and presents • Recommends candidates for election to the Supervisory Board by the
proposal regarding management remuneration Annual Shareholders Meeting
• Advises the Board of Management on e.g. strategic developments
Members
• Dr. Karl-Ludwig Kley, Chairman Members • Dr. Karl-Ludwig Kley, Chairman
• Andreas Scheidt, Deputy Chairman • Erich Clementi, Deputy Chairman
• Erich Clementi • Dr. Karen de Segundo
• Fred Schulz
Investment and Innovation Committee Audit and Risk Committee
• Approves major investments, M&A and financing transactions • Monitors the accounting process and internal control systems
• Advises the Management on innovation and disruption/ new businesses • Examines effectiveness of internal control and risk management
systems
• Dr. Karen de Segundo, Chair
• Albert Zettl, Deputy Chairman
Members • Clive Broutta Members
•
•
Andreas Schmitz, Chairman
Fred Schulz, Deputy Chairman
• Klaus Fröhlich • Carolina Dybeck Happe
• Eugen-Gheorghe Luha • Elisabeth Wallbaum
• Ewald Woste
12
Shareholder Representatives
Employee RepresentativesHigh Level of Dedication E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
Supervisory Board Attendance of Supervisory Board and committee meetings
6 Meetings in 2017
Presidial Committee
+ 10 Meetings in 2017
Audit and Risk Committee
+ 5 Meetings in 2017
Investment and Innovation Committee
+ 8 Meetings in 2017
Nomination Committee
+ 1 Meetings in 2017
Executive Board:
28 Meetings in 2017
13
1. Until March 31, 2017: Finance and Investment Committee 2. Thereof once as a guest 3. Member until March 31, 2017 4. Member since April 1, 2017Efficiency Review to Continuously Improve E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Supervisory Board Work Environment and Social Impact
• The Supervisory Board conducts an efficiency review of its work on a
yearly basis, in line with the German Corporate Governance Codex.
• All Supervisory Members fill out a detailed questionnaire to provide
feedback.
• The Chairman conducts bilateral meetings with each Supervisory Board
Member on a two year basis and follows up on their remarks.
• The review is considered a very valuable tool as it enables open
discussion, mitigates conflicts and builds the basis for continuous
improvement.
14Remuneration System Closely Aligns E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Management and Shareholders Interest Environment and Social Impact
• New remuneration system approved by AGM 2016 (91% approval); in place since January 1st, 2017.
• Both variable compensation elements were adjusted and share ownership guidelines were introduced.
• The level of base salary and total compensation as well as the level of pension benefits remained constant.
New Compensation Elements
Base Salary
• Criteria: EPS, individual and team
performance
+
• Payout: Cash Bonus (STI)
• Cap: 200% of target value • Criteria: relative TSR vs. STOXX Europe
• Zero payout at underperformance +
600 Utilities and absolute share price
Long-Term Incentive (LTI) • Payout: Cash
• Cap: 200% of target value
+ • Zero payout at underperformance
• Yearly contribution max. 21% of
Pension
pensionable income
• Mandatory share ownership:
• CEO: 200% of base salary
Share Ownership Guidelines (SOG)
• Other board members: 150% of base
salary 15The Short-Term Bonus (STI) E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
The STI combines the group’s financial target (EPS) with individual targets.
STI – Basic Functionality
Target Achievement
STI
STI x Company Performance Individual Performance = Actual Value Cash
Target Value x (Cap at 200% Payout
Team targets & indiv. targets of Target Value)
Actual EPS vs. Budget1 Multiplier from
0.5 – 1.5
EPS is the basis for dividend payout, thus closely aligns executive incentives and shareholder interest.
Rationale
EPS is one of E.ON’s key performance indicators, reflects E.ON’s business strategy appropriately and serves as an
indicator of E.ON’s profitability.
The multiplier ensures the flexibility to adjust payouts according to individual performance. 16
1. The EPS target for each year is set by the Supervisory Board, taking into account the approved budget.The Long-Term Incentive (LTI) E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
The Performance Share Plan is based on the comparison of the relative total shareholder return (TSR) with
an industry index.
Performance Share Plan – Basic Functionality
Target Achievement over 4 Years
LTI target value Relative TSR performance Final payout in
Initial number Share price
divided by fair cash
of granted x TSR of the E.ON share compared x + =
market value per (Cap: 200% of
share units to the companies of the dividends
share1 STOXX® Europe 600 Utilities index
target value)
(Cap at 150%)
The Performance Share Plan is aligned with the capital market perspective by focusing on share price development as
Rationale
well as dividends paid and strengthens shareholder-oriented culture.
Relative TSR is a well-established and accepted performance measure from an investor’s point of view, focusing on
absolute share price performance and comparison with peers. 17
1. The fair market value per share unit at grant date is determined by applying methods accepted in financial mathematics, taking into account the expected future payout, and hence, the
volatility and risk associated with performance share plan.Ambition – E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
E.ON as a Leading Sustainable Company Environment and Social Impact
E.ON Board committed to UN Sustainable E.ON is supporter of the 10 principles of the
Development Goals UN Global Compact
1.-2. Human rights
3.-6. Labour
7.-9. Environment
10. Anti-corruption
Signatory since 2005
18E.ON Contributes to a Sustainable Future of Energy E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
Sustainable product offering for our customers E.ON project examples
City energy solutions
~300 tons CO2 per year
by efficiently supplying an office building with
heat and cooling
Business customers
~200 tons of CO2 per year
through smarter energy control of 550 retail
stores
Household customers
~1 ton CO2 per year
with each PV system sold
We help our customers to significantly reduce CO2
19
19E.ON is Managing Financial Implications of E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Climate Change instead of Reporting CO2 only Environment and Social Impact
Sustainability Governance
Governance
• Board member Leo Birnbaum as Chief Sustainability Officer, supported by Sustainability Council
• Supervisory board is regularly informed about key sustainability topics
Strategy Sustainability Strategy
• Fully focused on the new energy world
• Unique strategic position with focus on regulated networks
Risk
Management Risk Management
• Assessment of environmental, social and governance (ESG) risks alongside financial risks
Metrics
Climate targets
&
Targets • Reduce E.ONs absolute CO₂ footprint by 30 percent by 2030
• Reduce E.ONs CO₂ intensity of the electricity sold by 50 percent
20
Based on Core Elements of Recommended Climate-Related Financial Disclosures by Task Force on Climate-related Financial Disclosures (TCFD)Responsible Social Business Practices E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
Health and Creation of a work environment that protects
the health and safety of customers and Establishing a Caring Culture
safety employees
Diversity and Variety of nationalities, cultures and Target of 30% women in top
inclusion generations in the workforce management by 20221
High standards Commitment to respect human rights, E.ON is the first energy
in the supply uphold labour standards, and fight against company that joined the
chain corruption Responsible Cobalt Initiative
21
1. Refers to E.ON SE and other E.ON companies in GermanyKey Takeaways E.ON – Creating the future of energy
Supervisory Board and Committee Work
Management Remuneration
Environment and Social Impact
• The supervisory board actively controls and guides E.ON
• Special focus on the innogy takeover preparation, execution and later integration
• E.ON is well positioned to succeed in the new energy world with effective governance structures
• E.ON‘s supervisory board is qualified, experienced and highly committed
• E.ON‘s remuneration system strongly aligns management board with shareholder interests
• E.ON contributes to a sustainable future of energy
E.ON‘s corporate governance structure provides an efficient framework to
support and control management in times of significant change.
22Back up
Back up
Supervisory Board Remuneration
• The Chairman of the Supervisory Board
receives fixed compensation of €440,000.
• The Deputy Chairmen, €320,000.
1
• Other members of the Supervisory Board
receive compensation of €140,000.
• The Chairman of the Audit and Risk
Committee receives an additional €180,000.
• The members of the Audit and Risk
Committee, an additional €110,000.
• Other committee chairmen receive an
additional €140,000; committee members,
an additional €70,000.
24
1. Compensation for Uniper directorship paid in 2017 for 2016 & 2017Back up
CV‘s of Shareholder Representatives
Dr. Karl-Ludwig Kley Erich Clementi Klaus Fröhlich
Chairman of the Deputy Chairman of the
Supervisory Board Supervisory Board
Born 1951, Germany Born 1958, Italy Born 1960, Germany
Member since 2016 Member since 2016 Member since 2018
In 1982, he began his career with Bayer AG, where he Mr. Clementi began his career with IBM in Italy in 1984. Mr. Fröhlich joined the drive development of BMW AG in
initially worked in Corporate Finance and later became Initially, he held various positions in IBM’s sales, marketing July 1987 as a development engineer. In 1993, he took
assistant to the Chairman of the Management Board. He & engineering functions in Eastern Europe and Germany, over the management of the basic development of the V8
was Chief Financial Officer of Bayer in Japan, Head of the before he was appointed Vice President Enterprise Systems engines. From 1995, he was responsible for the project
Pharmaceutical Division Sales and Marketing Overseas, Group for Europe, the Middle East and Africa in the United management of the BMW engine programs for the vehicles
Head of the Pharmaceutical Division of Bayer’s Italian Kingdom. In 2003, he moved to the United States, where he of the Rover Group. From 1996 to 1998, Mr. Fröhlich
subsidiary and later served as Head of Finance and Investor first held the position of General Manager, was then worked for the BMW subsidiary Rover Group in the UK as
Relations of Bayer AG until 1998. From 1998 to 2006, Dr. appointed Vice President Strategy & General Manager Chief Engineer for the propulsion of future Land Rover
Kley was a member of the Executive Board of Deutsche Enterprise Initiatives and, prior to his current position, vehicles. In 1999, he moved back to the engine
Lufthansa AG, where he served as Chief Financial Officer, Senior Vice President & Group Executive Global Technology development department of BMW AG in Munich and
before joining Merck KGaA as a member and Vice Chairman Services in the United States. Since 2015, Mr. Clementi has managed various functions of the Otto engine development.
of the Executive Board in 2006. From April 2007 until April been Senior Vice President IBM Global Markets and From 2005 to 2007, he was responsible for cross-brand
2016 he was Chairman of the Executive Board and CEO of Chairman Europe. product planning and subsequently for the brand and
Merck KGaA. product strategies of the BMW Group. In 2012, he headed
the small and mid-sized vehicle model series. On December
9, 2014, Klaus Fröhlich was appointed to the Board of
Management of BMW AG, responsible for development.
Other supervisory board seats Other supervisory board seats Other supervisory board seats
* BMW AG 1) None None
* Deutsche Lufthansa AG (Chairman) 1) 25
The supervisory board seats are marked as follows: * Membership in other statutory supervisory boards, + Membership in comparable German and foreign supervisory bodies of corporations,
1) Listed CompanyBack up
CV‘s of Shareholder Representatives
Carolina Dybeck Happe Andreas Schmitz Dr. Karen de Segundo
Born 1972, Sweden Born 1960, Germany Born 1946, Netherlands
Member since 2016 Member since 2016 Member since 2008
At the beginning of her career, Ms. Dybeck Happe held Mr. Schmitz began his career with HSBC Trinkaus & Dr. de Segundo began her career in 1971 when she joined
various positions with EF Education First Ltd. in the United Burkhardt AG in 1989. Until 2000, he held various positions the Royal Dutch / Shell Group, where she initially pursued
States, Switzerland and Russia. From 2000 to 2002, she in the corporate clients business and in investment banking. an international commercial career in the gas and power
was Chief Financial Officer of Establish AB in Sweden. In From 2000 to 2002, he was a member of the extended business as well as in sales and marketing of oil products.
2002, she joined ASSA ABLOY in Germany as Chief management board, in charge of Investment Banking and, She held various positions in five countries before she was
Financial Officer for the German-speaking regions; in 2007, since 2001, additionally in charge of Debt Capital Markets. appointed as a member of the Shell Brazil Management
she went to ASSA ABLOY in the United Kingdom, where she From 2002 to 2004, he was a personally liable partner, Board in charge of oil products in 1990. In 1996, Dr. de
served as Chief Financial Officer for Europe, the Middle East responsible for Corporate & Investment Banking and Debt Segundo became External Affairs Director for the Shell
and Africa. In 2011 she went to Trelleborg AB in Sweden, Capital Markets, before he was appointed Spokesman of Group. In 1998, she was appointed Chief Executive Officer
where she served as Chief Financial Officer. Since 2012 she the Personally Liable Partners. From 2006 to 2015, he was of Shell Gas & Power and Chairman of Shell Coal; and from
is Chief Financial Officer at ASSA ABLOY AB, a publicly Chairman of the Management Board, and since June 2015, the year 2000 until 2005, when she left Shell, she served as
listed company in Sweden. Ms. Dybeck Happe will join A.P. he has been Chairman of the Supervisory Board of HSBC Chief Executive Officer at Shell Renewables and President
Moller–Maersk as Chief Financial Officer, expected as per Trinkaus & Burkhardt AG. of Shell Hydrogen.
January 1, 2019.
Other supervisory board seats Other supervisory board seats Other supervisory board seats
ASSA ABLOY1) 9 Internal memberships: + ASSA ABLOY Asia Holding * HSBC Trinkaus & Burkhardt AG (Chairman)1) None
AB (Chair), + ASSA ABLOY East Europe AB (Chair), + ASSA ABLOY * Scheidt & Bachmann GmbH (Chairman)
Entrance Systems AB (Chair), + ASSA ABLOY Financial Services AB * KfW
(Chair), + ASSA ABLOY Finans AB (Chair), + ASSA ABLOY IP AB 26
(Chair), + ASSA ABLOY Kredit AB (Chair), + ASSA ABLOY Mobile
Services AB (Chair) The supervisory board seats are marked as follows: * Membership in other statutory supervisory boards, +
Membership in comparable German and foreign supervisory bodies of corporations, 1) Listed CompanyBack up
CV‘s of Shareholder Representatives
Ewald Woste
Born 1960, Germany
Member since 2016
Mr. Woste began his professional career as assistant to the
management of heroal, before joining Benteler AG as a controller in
1989. He has worked in the energy industry since 1992, when he
joined the municipal utility of Paderborn. From 1998 to 2003, he
was Managing Director of Städtische Werke Nürnberg GmbH and
member of the boards of management of Verkehrsaktien-
gesellschaft Nürnberg and N-ERGIE Aktiengesellschaft. In 2004, he
was appointed Chairman of the Board of Management of Mainova
AG, and from 2007 to 2014, he served as Chairman of the Board of
Management of Thüga Aktiengesellschaft. From 2010 to 2014, he
was President of BDEW Bundesverband der Energie- und
Wasserwirtschaft e.V. (German Association of Energy and Water
Industries). Since 2015, he has been working as a management
consultant.
Other supervisory board seats
* Bayernwerk AG2)
* GASAG AG
* GreenCom Networks AG
+ Energie Steiermark AG 27
+ Deutsche Energie-Agentur GmbH (dena) The supervisory board seats are marked as follows: * Membership in other statutory supervisory boards, + Membership
in comparable German and foreign supervisory bodies of corporations, 1) Listed Company, 2) Group CompanyBack up
E.ON‘s Authorized and Conditional capital1
with Contribution in Up to 460m EUR
subscription cash and / or in (460m shares;
max.
rights kind ~ 21% of share capital)
460m
EUR Authorized
(~21% of Capital
Contribution in
share without Up to 20% of share capital
kind
capital) subscription
rights Contribution in Up to 10% of share capital max.
cash 20%
max.
of share
10%
Up to 175m EUR capital
of share
Conditional (175m shares, capital
Capital ~ 8% of share capital)
28
1. Capital authorization as per AGM 2017 prior to 20% captial increase vs. contribution in kind in RWE/innogy transactionBack up
Audit
• Current audit firm PricewaterhouseCoopers GmbH,
Wirtschaftsprüfungsgesellschaft
• Current auditor Markus Dittmann (since 2014)
Aissata Touré (since 2015)
• Rotation of audit firm mandatory from fiscal year 2021 onwards.
• Other attestation services
• The majority of this item relates to the audit of E.ON’s interim
financial statements and other regulatory audits (mandatory
for energy companies).
• Non-audit services
• E.ON’s audit committee has defined a cap for non-audit
services which is closely monitored.
29Back up
Sustainability awards, ratings and rankings
E.ON listed in
Euronext Vigeo
Eiris Indices
“The company's ESG reporting is strong”
E.ON
ranks 6th
out of 30
30
E.ON ranks 5th out of 100Back up
Sustainable energy solutions require sustainable business practises
Batteries are an integral part of the
sustainable energy world we are E.ON is the first energy
moving towards… company to join the
Responsible Cobalt
Initiative that strives to
create transparency in
the cobalt supply chain
… if they are built without cobalt
sourced by children in artisanal to avoid child labor and
mines in the DR Congo. human rights violations.
31Your E.ON Contacts
Dr. Stephan Schönefuß T +49 (201) 184 28 22
Interim Head of Investor Relations stephan.schoenefuss@eon.com
Martina Burger T +49 (201) 184 28 07
Manager Investor Relations martina.burger@eon.com
Melanie Osterried T +49 (201) 184 65 38 Investor Relations
Manager Corporate Finance melanie.osterried@eon.com T +49 (201) 184 28 06
investorrelations@eon.com
32Financial calendar & important links
Financial calendar
March 13, 2019 Annual Report 2018
May 13, 2019 Quarterly Statement: January – March 2019
May 14, 2019 2019 Annual Shareholders Meeting
August 7, 2019 Half-Year Financial Report: January – June 2019
November 13, 2019 Quarterly Statement: January – September 2019
Important links
Transaction website https://www.energyfortomorrow.net/
Presentations https://www.eon.com/en/investor-relations/presentations.html
Facts & Figures 2018 https://www.eon.com/content/.../presentations/facts-and-figures-2018.pdf
Annual Reports https://www.eon.com/en/investor-relations/financial-publications/annual-report.html
Interim Reports https://www.eon.com/en/investor-relations/financial-publications/interim-report.html
Shareholder Meeting https://www.eon.com/en/investor-relations/shareholders-meeting.html
Bonds / Creditor Relations https://www.eon.com/en/investor-relations/bonds.html
33Disclaimer
This presentation contains information relating to E.ON Group ("E.ON") that must not be relied upon for any purpose and may not be redistributed, reproduced,
published, or passed on to any other person or used in whole or in part for any other purpose. By accessing this document you agree to abide by the limitations set out
in this document as well as any limitations set out on the webpage of E.ON SE on which this presentation has been made available.
This document is being presented solely for informational purposes. It should not be treated as giving investment advice, nor is it intended to provide the basis for any
evaluation or any securities and should not be considered as a recommendation that any person should purchase, hold or dispose of any shares or other securities.
The information contained in this presentation may comprise financial and similar information which is neither audited nor reviewed and should be considered
preliminary and subject to change.
Some of the information presented herein is based on statements by third parties. No representation or warranty, express or implied, is made as to, and no reliance
should be placed on, the fairness, accuracy, completeness or correctness of this information or any other information or opinions contained herein, for any purpose
whatsoever.
This presentation may contain forward-looking statements based on current assumptions and forecasts made by E.ON management and other information currently
available to E.ON. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial
situation, development or performance of the company and the estimates given here. E.ON does not intend, and does not assume any liability whatsoever, to update
these forward-looking statements or to conform them to future events or developments.
Neither E.ON nor any respective agents of E.ON undertake any obligation to provide the recipient with access to any additional information or to update this
presentation or any information or to correct any inaccuracies in any such information.
Certain numerical data, financial information and market data (including percentages) in this presentation have been rounded according to established commercial
standards. As a result, the aggregate amounts (sum totals or interim totals or differences or if numbers are put in relation) in this presentation may not correspond in all
cases to the amounts contained in the underlying (unrounded) figures appearing in the consolidated financial statements. Furthermore, in tables and charts, these
rounded figures may not add up exactly to the totals contained in the respective tables and charts.You can also read
