DGAP-Ad-hoc: RWE Aktiengesellschaft / Key word(s): Dividend RWE Aktiengesellschaft: RWE Executive Board resolves dividend proposal 2016 and gives dividend outlook 22-Feb-2017 / 08:13 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Executive Board of RWE AG decided in its meeting today to propose to the annual general meeting on 27 April 2017 a dividend equaling the last year's proposal amounting to EUR 0,13 per preferred share and including a suspension of the dividend for common shares. The proposal also accommodates the significant financial burden under the forthcoming law rearranging the responsibilities for nuclear waste management in Germany. On the basis of the expectations for 2017, the Executive Board envisages paying a dividend for the current business year of EUR 0,50 per common and preferred share. The Executive Board aims to at least maintain this dividend level in subsequent years. In this context, RWE is orienting itself towards operating cash flows that are freely available on a sustainable level. The Executive Board Disclosed by Dr. Ulrich Rust, General Counsel --------------------------------------------------------------------------- 22-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: RWE Aktiengesellschaft Opernplatz 1 45128 Essen Germany Phone: +49 (0)201-12-15025 Fax: +49 (0)201-12-15265 E-mail: [email protected] Internet: www.rwe.com ISIN: DE0007037129, DE0007037145, , Weitere ISINs von Fremdkapitalund Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relatio ns/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueber- blick/, aufgelistet., WKN: 703712, 703714, , Weitere WKNs von Fremdkapitalund Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relatio ns/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueber- blick/ aufgelistet. Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxemburg End of Announcement DGAP News Service --------------------------------------------------------------------------- 546457 22-Feb-2017 CET/CEST