X0306 4 2019-02-22 0000874761 AES CORP AES 0001754413 Moreno Leonardo 4300 WILSON BLVD. ARLINGTON VA 22203 1 SVP, Corporate Strategy Common Stock 2019-02-22 4 A 0 6794 A 17940 D Common Stock 2019-02-23 4 F 0 488 17.53 D 17452 D Common Stock 2019-02-24 4 F 0 400 17.53 D 17052 D This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments beginning on February 22, 2020, if certain continuing employment and performance conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to one share of AES Common Stock. Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 23, 2018. Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 24, 2017. /s/ Leonardo Moreno 2019-02-26