IPALCO Enterprises, Inc. Announces Amendments to and Further Extension of Consent Solicitations

Core Viewpoint - IPALCO Enterprises, Inc. is amending and extending its consent solicitations for its 4.25% Senior Notes due 2030 and 5.75% Senior Notes due 2034 to adopt proposed amendments to the indentures governing these notes [1][2] Summary by Sections Consent Solicitation Details - The expiration time for the consent solicitations has been extended to 5:00 p.m. New York City time on March 24, 2026 [2] - The consent fee for consenting holders has been modified, and previously proposed amendments have been deleted except for the change of control waiver related to the Merger [2][3] Consent Fee Structure - Holders who deliver valid consents will receive a consent fee ranging from $2.50 to approximately $5.00 per $1,000 aggregate principal amount of notes, depending on the amount of consents received [4][3] Merger Context - The consent solicitations are being conducted at the request of Horizon Parent, L.P. in connection with a merger agreement involving The AES Corporation [5] - If the merger is not completed, no consent fees will be paid, and the proposed amendments will not take effect [6] Additional Information for Holders - Holders who have already granted consents do not need to take further action to be eligible for the modified consent fee [7] - Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are acting as solicitation agents for the consent solicitations [8]