The AES Corporation (NYSE:AES) Q1 2021 Earnings Conference Call May 6, 2021 9:00 AM ET Company Participants Ahmed Pasha - Vice President of Investor Relations & Treasurer Andrés Gluski - President & Chief Executive Officer Gustavo Pimenta - Chief Financial Officer Conference Call Participants Richard Sunderland - JPMorgan Durgesh Chopra - Evercore ISI Stephen Byrd - Morgan Stanley David Peters - Wolfe Research Charles Fishman - Morningstar Operator Good morning and welcome to the AES Corporation Q1 2021 Fin ...

The AES Corporation (NYSE:AES) Q4 2020 Earnings Conference Call February 25, 2021 9:00 AM ET Company Participants Ahmed Pasha - Treasurer and VP, IR Andrés Gluski - President and CEO Gustavo Pimenta - CFO Conference Call Participants Agnieszka Storozynski - Seaport Global Richard Sunderland - JPMorgan Stephen Byrd - Morgan Stanley Julien Dumoulin-Smith - Bank of America Charles Fishman - Morningstar Operator Good day and welcome to the AES Corporation Q4 2020 Financial Review Conference Call. Today, all par ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2020 -OR- ☐ TRANSITION REPORT FILED PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-12291 THE AES CORPORATION (Exact name of registrant as specified in its charter) Delaware 54-1163725 (State or other jurisdiction of in ...

Business Transformation and Growth - The company has reduced generation from coal to 29% of its portfolio as of November 5, 2020, including announced but not yet closed asset sales[4] - The company signed 2.1 GW of new renewable contracts, increasing the backlog to 6.8 GW[4] - The company is well-positioned to capitalize on a 25 GW renewable development pipeline[4] - Renewables represent 37% of the company's total portfolio[12] Financial Performance and Expectations - The company expects 7% to 9% average annual growth in Adjusted EPS and Parent Free Cash Flow through 2022[4, 6] - The company's current annual dividend is $0.57 per share, expected to grow 4% to 6% annually[4] - The company projects $3.4 billion of discretionary cash generation from 2020-2022[44] Strategic Initiatives - The company signed 410 MW of solar contracts with an existing mining customer in Chile[16] - The company is leveraging its position in Vietnam (1,242 MW) to meet the growing need for reliable and efficient generation[20] - Fluence, in which the company has a stake, has ~2.4 GW delivered or awarded and ~$1 billion de-risked contracted sales pipeline[24] Financial Sensitivities - A 10% USD appreciation against foreign currency is estimated to have a (1.4%) impact on Annualized Adjusted PTC[55] - A 100 bps increase in interest rates over 2020 is forecasted to have a change in Adjusted EPS of approximately ($0.01)[57]

The AES Corporation (NYSE:AES) Q3 2020 Earnings Conference Call November 6, 2020 9:00 AM ET Company Participants Ahmed Pasha - Vice President, Investor Relations Andrés Gluski - President, Chief Executive Officer & Director Gustavo Pimenta - Executive Vice President & Chief Financial Officer Conference Call Participants Richard Sunderland - JPMorgan Julien Dumoulin-Smith - Bank of America Stephen Byrd - Morgan Stanley Charles Fishman - Morningstar Steven Fleishman - Wolfe Research Operator Good morning and ...