Questions and Answers

FAQ related to the new strategy

On November 30, 2014, the E.ON SE Supervisory Board  unanimously approved a new group strategy for E.ON: “Empowering customers. Shaping markets.”

Here you will find questions and answers which may occur to you as a private investor.

What will change for me as shareholder?

At the current stage there are no direct changes for our shareholders.

We expect that the spin-off and listing of new shares can be executed still in the course of 2016.

The details will be addressed in a comprehensive spin-off documentation and a listing prospectus in 2016.

When will the spin-off be executed?

We currently expect that the spin-off and listing of new shares can be executed still in the course of 20

How will the spin-off be executed?

The details will be addressed in comprehensive spin-off documentation and a listing prospectus in 2016.

Will shareholders be able to vote on the spinoff?

Our shareholders will decide on the spin-off in a general shareholders meeting to be held in 2016.

Do I need to take any actions for receiving new shares?

At the current stage there are no technical changes for our shareholders.

We expect the spin-off and listing of new shares can be executed still in the course of 2016. Major technical details of the execution will be clarified in the course of the transition process.

We will inform about relevant details appropriately in due course. Furthermore, the details of the spin-off will be addressed in a comprehensive spin-off documentation and a listing prospectus in 2016.

Will I receive two separately tradable shares as part of the spin-off?

At the current stage there are no technical changes for our shareholders.

We expect the spin-off and listing of new shares can be executed still in the course of 2016. Major technical details of the execution will be clarified in the course of the transition process.

We will inform about relevant details appropriately in due course. Furthermore, the details of the spin-off will be addressed in a comprehensive spin-off documentation and a listing prospectus in 2016.

How will the new shares be assigned and what will be the split ratio?

At the current stage there are no technical changes for our shareholders.

We expect the spin-off and listing of new shares can be executed still in the course of 2016. Major technical details of the execution will be clarified in the course of the transition process.

We will inform about relevant details appropriately in due course. Furthermore, the details of the spin-off will be addressed in a comprehensive spin-off documentation and a listing prospectus in 2016.

Will it be possible to veto against the assignment of new shares and keep „old“ E.ON shares?

Our shareholders will decide on the spin-off in a general shareholders meeting to be held in 2016.

The details of the spin-off will be addressed in a comprehensive spin-off documentation and a listing prospectus in 2016.

Will E.ON continue to be DAX listed? Will the new entity be DAX listed?

At the current stage we cannot provide firm information about the index membership of both entities following the spin-off. We currently expect that E.ON will continue to be DAX listed.

Will the spin-off have implications on my personal taxation?

We cannot answer questions regarding personal tax implications at the current stage. Please consult your tax counselor for any questions in this regard.

How will the acquisition price of shares be split for tax purposes?

The details of the spin-off will be addressed in a comprehensive spin-off documentation and a listing prospectus in 2016.