AES Recognized in the Top 20 in Fast Company’s 2023 Ranking of Best Workplaces for Innovators

The AES Corporation (NYSE: AES) was named to Fast Company’s 2023 list of Best Workplaces for Innovators for a second year in a row, securing spot #14 and ranking alongside other major global corporations like Adobe, Genentech, and IBM. The Fast Company list recognizes AES for its APEX program, which nurtures talent and encourages employees to contribute new, cutting-edge ideas that can lead to clean energy innovation, the adoption of new technologies, and business growth. 

“At AES, innovation lies at the core of our purpose to accelerate the future of clean energy,” said Tish Mendoza, AES Executive Vice President and Chief Human Resources Officer. “To make our mission a reality, we invest in talent attraction, incubation, and retention, with the goal of cultivating an in-house team of innovators that are instrumental in fostering new ideas and technologies that advance greener energy solutions.”

Since APEX’s inception in 2006, the program has incubated 4,500 unique projects, delivering more than $1.25 billion in financial benefits to the company.  

Mendoza added, “Thanks to the talented innovators at AES, we continue to be a top provider of clean energy in the U.S. and a leader in the green transition. We are honored to be included in Fast Company’s 2023 list and recognized alongside other corporate giants.”

Earlier this year, AES was recognized as one of the World’s Most Ethical Companies by Ethisphere and named to JUST Capital’s list of Just Companies in the US. 

About AES

The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy.  Together with our many stakeholders, we’re improving lives by delivering the greener, smarter energy solutions the world needs.  Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today.  For more information, visit www.aes.com. 

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This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES’ current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our expectations regarding accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as the execution of PPAs, conversion of our backlog and growth investments at normalized investment levels, rates of return consistent with prior experience and the COVID-19 pandemic.

Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES’ filings with the Securities and Exchange Commission (the “SEC”), including, but not limited to, the risks discussed under Item 1A: “Risk Factors” and Item 7: "Management’s Discussion & Analysis" in AES’ 2022 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except where required by law.

Any Stockholder who desires a copy of the Company’s 2022 Annual Report on Form 10-K filed March 1, 2023 with the SEC may obtain a copy (excluding the exhibits thereto) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Annual Report on Form 10-K may be obtained by visiting the Company’s website at www.aes.com.

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