Elecnor calls meeting on December 15 for dividend with reserves

The board of directors of Elecnor, S.A. has called an Extraordinary General Meeting of shareholders for December 15, 2026, with the distribution of a dividend charged to freely disposable reserves as the first item on the agenda. The board’s agreement was adopted at its meeting on October 28, 2026, and the notice is published in the Official Gazette of the Mercantile Registry (BORME) no. 216, dated November 11, 2026, with reference BORME-C-2026-5905.

The notice occupies pages 7331 to 7342 of the gazette, within the Second Section, dedicated to announcements and legal notices, and bears order number 5905. The announcement was signed in Madrid on November 10, 2026, by the non-director secretary of the board of directors, Pedro Enrile Mora-Figueroa, and is identified by code A260048454-1.

A two-item agenda

The agenda submitted to the meeting is limited to two matters:

• First. Distribution of a dividend charged to freely disposable reserves.
• Second. Delegation of powers for the formalization of the agreements adopted and, where applicable, for their interpretation, correction, and execution, as well as for the registration of the agreements in the Mercantile Registry.

The payment is structured as a charge against freely disposable reserves and not against the results of the financial year. The notice does not specify the amount per share or the payment dates: it refers to the full texts of the proposed resolutions, which the company has published uninterruptedly on its corporate website since the publication of the announcement and keeps available to shareholders at the registered office.

Location, date, and provision for a second call

The meeting will be held at the Auditorio Edificio Fortuny, at calle Rafael Calvo number 39 A in Madrid, on December 15, 2026, at 12:30 p.m. on the first call and, if the necessary quorum is not reached, the following day, December 16, 2026, at the same place and time, on the second call.

The company itself warns that, “given the experience of previous years,” the meeting will likely be held on the second call, unless announced otherwise. The board has also requested the presence of a notary to draw up the minutes of the meeting, in application of article 203.1 of the Capital Companies Act. The session will be broadcast live starting at 12:30 p.m., and the link will be accessible to both shareholders and non-shareholders.

Requirements to attend, delegate, and vote

Shareholders who, individually or grouped, hold a minimum of ten shares may attend, provided they have them registered in the book-entry register five days in advance and obtain the attendance card provided by the entities adhered to Iberclear. The main milestones of the calendar are:

• Prior registration for remote attendance: from November 15, 2026, until 11:30 a.m. on the day of the meeting.
• Electronic proxy and voting platform: available from November 15, 2026.
• Valid votes and proxies: until 12:00 a.m. on December 14 if the meeting is held on the first call, or until 12:00 a.m. on December 15 if held on the second call.
• Documentation: available for consultation at the registered office, calle Marqués de Mondéjar number 33, 28028 Madrid, Monday to Friday on business days from 9:00 a.m. to 2:00 p.m., with the right to free delivery or shipment.
• Representation by postal mail: shareholder service office at calle Arturo Soria number 343, 12th floor, 28033 Madrid, or at the registered office.

The company has also enabled an electronic shareholder forum on its corporate website, in accordance with article 539.2 of the Capital Companies Act, accessible from the call until the holding of the meeting.

Right to information and alternative proposals

Shareholders representing at least three percent of the share capital may submit reasoned proposals for agreements on matters already included or that should be included in the agenda. These must be received at the registered office within five days following the publication of the call, and the company ensures their dissemination through the corporate website.

Requests for information or clarifications may be addressed in writing to the directors up to the fifth day prior to the scheduled meeting. The same deadline applies to clarifications regarding the publicly accessible information provided to the National Securities Market Commission since the last general meeting, held on May 27, 2026.

Shareholder remuneration thus returns to the center of the agenda of Elecnor, S.A., which submits for a vote a dividend financed by freely disposable reserves, a formula that does not reduce the result for the year and requires the support of the meeting. The amount per share, the payment schedule, and the details of the reserves applied are not included in the call notice and must be consulted in the documentation registered by the company before December 15.

Source: Official Gazette of the Mercantile Registry, no. 216, of November 11, 2026, Second Section (announcements and legal notices), pp. 7331-7342 (official reference: BORME-C-2026-5905).