| 1 | Approve parent company's and consolidated financial statements | For |
| 2 | Approval of the individual management report of IBERDROLA, S.A. and of the consolidated management report | For |
| 3 | Approval of the management and actions of the Board of Directors | For |
| 4 | Appoint Ernst & Young as Statutory External Auditor for fiscal year 2010. | For |
| 5 | Approve the appropriation of income and of the dividend | For |
| 6 | Option for scrip dividend | For |
| 7.1.a | Appointment of Mrs. Maria Helena Antolin Raybaud for a period of 5 years . | Oppose |
| 7.1b | Appointment of Mr Santiago Martinez Lage as Director for a period of 5 years | Oppose |
| 7.2a | Reappointment of Mr Victor de Urrutia Vallejoas director for five years | Oppose |
| 7.2b | Reappointment of Mr Ricardo Alvarez Isasi for a period of 5 years | Oppose |
| 7.2c | Reappointment of Mr José Ignacio Berroeta Echevarria for a period of 5 years | Oppose |
| 7.2d | Reappointment of Juan Luis Arregui Ciarsolo for a period of 5 years | Oppose |
| 7.2e | Reappointment of José Ignacio Sanchez Galan for a period of 5 years. | Oppose |
| 7.2f | Reappointment of Julio de Miguel Aynat for a period of 5 years | For |
| 7.2g | Reappointment of Sebastian Battamer Arias for five years for a period of 5 years. | For |
| 7.3 | Establishment of the number of Directors | For |
| 8 | Approve buy-back of the company shares by the company or its subsidiaries | Oppose |
| 9 | Authorisation to issue bonds or simple debentures up to twenty billion euros, and notes up to six billion euros | Oppose |
| 10 | Authorize the Board to apply for the listing or delisting shares, debentures, bonds, notes | For |
| 11 | Authorization to the Board to create and fund associations and foundations. | For |
| 12 | Amend articles 11 and 62 of by-laws | For |
| 13 | Delegation of powers for the completion of formalities | For |
