X0303 4 2009-02-20 0000874761 AES CORP AES 0001237644 HANRAHAN PAUL T 4300 WILSON BOULEVARD ARLINGTON VA 22203 1 1 President and CEO Common Stock 2009-02-20 4 A 0 2742 6.71 A 49892 I By 401(k) Plan Common Stock 167032 D Common Stock 110 I By Spouse Restricted Stock Units 2009-02-20 4 A 0 225186 6.71 A Common Stock 225186 501846 D Restricted Stock Units 2009-02-20 4 D 0 75085 D Common Stock 75085 426761 D Units 2009-02-20 4 A 0 25225 6.71 A Common Stock 25225 87296 D Stock Option (Right to Buy) 6.71 2009-02-20 4 A 0 501993 A 2010-02-20 2019-02-20 Common Stock 501993 501993 D This 8% (of base salary) discretionary retirement savings award was granted pursuant to The AES Retirement Savings Plan (the "Plan") as determined by The AES Corporation Board of Directors on February 20, 2009 subject to applicable IRS contribution limits. The closing stock price on February 20, 2009 was used to determine the number of shares awarded. Between January 5 and February 20, 2009, the reporting person acquired 577 shares of AES Common Stock under the Plan. This restricted stock unit award ("RSU") was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal installments beginning on February 20, 2010, if certain continuing employment and performance conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to between 0 and 1.5 shares, based on performance, of AES Common Stock or the cash equivalent, such delivery form decision is at the discretion of The AES Corporation Compensation Committee of the Board of Directors on January 1, 2014 or as soon as administratively practicable thereafter. The Company did not meet the threshold performance condition for this 2006 RSU award resulting in the forfeiture of the award. These units are awarded pursuant to the Restoration Supplemental Retirement Plan ("Restoration Plan"). The total number of units reflects the total of this award under the Restoration Plan and the existing balances in both the Restoration Plan and The AES Corporation Supplemental Retirement Plan (the "Supplemental Plan"). The Supplemental Plan was frozen in 2004 and no subsequent contributions have been made to it. Units under these plans will be paid out in accordance with Section 409(A) of the Internal Revenue Code and the terms of the relevant plan documents. Each unit is initially equal to one share of AES Common stock and units under the plans are 100% vested upon award. This stock option award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments if certain continuing employment conditions are satisfied. If such conditions are satisfied, the first installment becomes exercisable on February 20, 2010 and the next two installments become exercisable on February 20, 2011 and February 20, 2012, respectively. /s/ Paul Hanrahan 2009-02-24