DGAP-Adhoc

RWE AG: Executive Board raises overall earnings forecast for the full year 2022

DGAP-Ad-hoc: RWE Aktiengesellschaft / Key word(s): Change in Forecast RWE AG: Executive Board raises overall earnings forecast for the full year 2022 17-Feb-2022 / 10:44 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Essen, 17 February 2022 The Executive Board adjusted the forecast for the full year 2022 due to a dynamic market environment from which a higher earnings contribution is assumed. The RWE Group's adjusted EBITDA for 2022 is now anticipated to be between €3.6 and €4.0 billion (previously €3.3 to €3.6 billion). Adjusted EBITDA in the core business is anticipated to be between €2.9 and €3.3 billion (previously €2.75 to €3.05 billion). Adjusted EBIT is expected to range from €2.0 to €2.4 billion (previously €1.7 to €2.0 billion), with adjusted net income at €1.3 to €1.7 billion (previously €1.1 to €1.4 billion). The dividend target is €0.90 per share for fiscal 2022. RWE will publish its Annual Report for the 2021 financial year on 15 March 2022. Disclosed by Dr Ulrich Rust, General Counsel   17-Feb-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language:	English
Company:	RWE Aktiengesellschaft
	RWE Platz 1
	45141 Essen
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.rwe.com
ISIN:	DE0007037129, Weitere ISINs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/, aufgelistet.,
WKN:	703712, Weitere WKNs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/ aufgelistet.
Listed:	Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID:	1282161

End of Announcement	DGAP News Service

1282161  17-Feb-2022 CET/CEST