Universal Registration Document 2021

On 4 November 2021, EDF’s Board of Directors decided to distribute an interim dividend of €0.30 per share in respect of 2021, payable in new shares (scrip option) or cash on 2 December 2021. The total amount of the interim dividend was €947 million.

The French government opted for the scrip dividend for this 2021 interim dividend.

The amount of the cash dividend paid to shareholders who did not take the scrip option for this 2021 interim dividend amounts to €48 million.

24.3 Bonds convertible into new shares and/or exchangeable for existing shares (OCEANEs)

On 8 September 2020, EDF made an offering of Green Bonds convertible into new shares and/or exchangeable for existing shares (OCEANEs Vertes) with the nominal amount of €2,400 million and an issue value of €2,569 million (see note 2.4.1 to the financial statements at 31 December 2020). This operation has no impact on equity at 31 December 2021 because no subscriber exercised their option to convert or exchange these bonds.

Note 25 Additional equity

Additional equity at 31 December 2021 amounts to a net €12,857 million and consists of:

• perpetual subordinated bonds issued by EDF in January 2013 and January 2014 at the value of €4,579 million and €3,206 million respectively, net of redemptions;
• perpetual subordinated bonds issued by EDF in September 2018, valued at €1,250 million;
• perpetual subordinated bonds issued by EDF in November 2019, valued at €497 million;
• perpetual subordinated bonds issued by EDF in September 2020, valued at €2,084 million;
• perpetual subordinated bonds issued by EDF in June 2021, valued at €1,241 million (€1,250 million nominal, net of a €9 million redemption premium) (see note 2.2.1).

perpetual subordinated bonds issued by EDF in June 2021, valued at €1,241 million (€1,250 million nominal, net of a €9 million redemption premium) (see note 2.2.1).

Payments to bearers of perpetual subordinated bonds amounted to €578 million in 2021 (€512 million in 2020). This expense is recorded in “Expenses on long-term financial liabilities after hedging” (see note 13).

PERPETUAL SUBORDINATED BONDS

(in millions of currency units)