OPEN END TURBO SHORT - IBERDROLA Stock

Iberdrola, S.A. is one of the leading Spanish electricity producers and distributors. The group is also the world's No. 1 producer of wind energy. Net sales break down by activity as follows: - distribution of electricity and natural gas (52.1%); - transmission and distribution of electricity and natural gas (31.8%); - production of electricity and renewable energies (16.1%): 162,024 GWh produced in 2023 and distributed by country between Spain (60,877 GWh), Mexico (56,797 GWh), the United States (22,797 GWh), Brazil (8,004 GWh), the United Kingdom (7,448 GWh), and other (6,101 GWh). Net sales are distributed geographically as follows: Spain (37%), the United Kingdom (21.8%), Brazil (18.2%), the United States (14.9%), Mexico (6.1%) and other (2%).