Iberdrola S A : and First Stop join forces to roll out a public electricity recharging network in Spain and Portugal

INFORMATIVE NOTE

23 September 2021

The Bridgestone Group Company is continuing with its commitment to sustainable mobility and, thanks to this agreement, will allow the installation of more than 50 charge points

Iberdrola and First Stop join forces to roll out a public electricity recharging network in Spain and Portugal

• It will include ultra fast (350kW), super fast (150kW) fast (50kW) and semi-fast (22kW) charge points, all of which users can find on Iberdrola's Public Recharging App
• Iberdrola continues moving full speed ahead with its sustainable mobility plan, which entails installing 150,000 electric chargers in homes, companies and on the public road network
• First Stop is the only auto garage network to have an electrical map showing 100 charge points in the main Spanish provinces for providing electrical coverage

Iberdrola and First Stop, the Bridgestone Group's auto garage network specialising in a comprehensive tyre and maintenance service, are joining forces to speed up the deployment of the sustainable recharging infrastructure. The two companies have announced a partnership for deploying a public network of more than 50 charge points for electric vehicles along Spain and Portugal's principal roads before the end of this year. Currently, fourteen charging stations distributed across six Autonomous Communities are at an advanced stage of development.

The agreement includes the installation of ultra-fast (350kW), super-fast (150kW) fast (50kW) and semi-fast (22kW) charge points. This will involve First Stop providing the sites where the chargers are to be located, with Iberdrola supplying the equipment and installing and managing it.

Users will be able to locate all of these charge points on the Iberdrola Public Charging App, which is the only one that certifies the operability of electrical chargers in Spain. Users can use the App to geolocate the charger, book the charge point and pay via their mobile phone.

Users will be able to access this infrastructure to charge their electric car batteries in approximately 30 minutes using 100% green energy from clean, certified renewable sources (Guarantee of Origin, GoOs).

The initiative forms part of First Stop and the Bridgestone Group's firm commitment to offering better mobility solutions, when and wherever users need them, reflecting these companies' firm environmental commitment, which has also made them leaders within the mobility solutions sector. With this agreement, First Stop is continuing as a driving force behind electric mobility and a promoter of the use of renewable energies and the marketing of electric charging solutions.

Electric mobility and green recovery

INFORMATIVE NOTE

23 September 2021

Iberdrola continues its commitment to transport electrification in its transition strategy towards a decarbonised economy, as a key way of reducing emissions and pollution and ensuring the green recovery.

The company is deploying a sustainable mobility plan, with an investment of 150 million euros, with which it will intensify the deployment of charge points for electric vehicles in the coming years.

The initiative entails installing around 150,000 charging points in homes, companies and on the public road network in cities, as well as on the main motorways and roads. The commitment to deploying high-efficiency charging points will include the company installing ultra-fast (350 kW) charging points every 200 kilometres, super-fast points (150 kW) every 100 kilometres, and fast (50 kW) points every 50 kilometres.

Iberdrola is aware of the need to boost electric mobility in Spain through coordinated, effective action involving the major players. The company continues to identify opportunities to generate an industrial, commercial and innovation ecosystem to consolidate the development of sustainable mobility. As a result, it has now completed more than 50 infrastructure roll-out agreements with government departments, institutions, companies, service stations and vehicle dealers and manufacturers.

Iberdrola is the first Spanish company to sign up to The Climate Group's EV100 initiative, which has the objective of speeding up the transition to electric vehicles, by committing to electrifying its entire vehicle fleetand streamlining the charging process for staff at its businesses in Spain and the United Kingdom by 2030.

Investing to support the implementation of electrical mobility in Europe

For its part, the Bridgestone Group, to which First Stop belongs, is planning to install up to 3,500 new charging points across its European retail and service network over the next five years, working alongside several electric vehicle charging point suppliers such as the EVBox Group and TSG.

Bridgestone sees electric vehicles as a great opportunity for reducing CO2 emissions and making mobility more sustainable and, therefore, more environmentally friendly, bearing in mind that by 2025, 20% of all new vehicles sold in Europe are expected to be electric

About Iberdrola

Iberdrolais a leading global energy supplier -thethird-largest by market capitalisation in the world and the leader in renewables- championing the energy transition towards a low-emissions economy. The group supplies energy to around 100 million people in dozens of countries and has renewable, networks and retail supply activities in Europe (Spain, the UK, Portugal, France, Germany, Italy and Greece), the US, Brazil, Mexico and Australia, while it is growing in markets including Japan, Ireland, Sweden and Poland. With a workforce of more than 37,000 and assets of over 122.5 billion euros, it recorded total revenue in excess of €33 billion and net profit slightly exceeding €3.6 billion in 2020. The company helps maintain 400,000 jobs in its supply chain, with an annual procurement budget of 14 billion euros. A leader in the fight against climate change, Iberdrola has committed more than €120 billion over the last two decades to building a sustainable energy model based on sound environmental, social and governance (ESG) principles.

About First Stop

INFORMATIVE NOTE

23 September 2021

First Stop is a premium pan-European network of professionals specialised in tyres and full vehicle maintenance. In Spain and Portugal the network consists of 368 repair shops. In Europe, the First Stop network is present in 25 countries and is made up of over 2,000 points of sale.

It is First Stop's aim to meet the needs and expectations of its customers while always striving for excellence in Quality and Care by providing the best service anytime anywhere by way of a corporate strategy that conveys a sense of trustworthiness, professionalism, and prestige.

To do so, it has created its new "First Stop 3.0" repair shop model. First Stop 3.0 is the first step towards repair shop digitalisation. In a nutshell, it's the workshop repair shop of the future since it represents improved levels of quality, customer service, transparency, peace of mind, and safety. For our associates it is an opportunity to improve their professionalism, efficiency and profitability by equipping them with new tools that will make them the leaders of the future.