X0306 4 2014-02-21 0000874761 AES CORP AES 0001286143 HACKENSON ELIZABETH 4300 WILSON BOULEVARD ARLINGTON VA 22203 1 Sr. VP and CIO Common Stock 2014-02-21 4 A 0 4886 A 44095 D Common Stock 2014-02-21 4 F 0 1618 14.63 D 42477 D Common Stock 2014-02-21 4 A 0 8038 A 50515 D Common Stock 8081 I 401(k) Stock Option (Right to Buy) 14.63 2014-02-21 4 A 0 44211 0 A 2024-02-21 Common Stock 44211 44211 D Units 2014-02-21 4 A 0 680 14.63 A Common Stock 680 4152 D This Performance Stock Unit ("PSU") was granted on February 18, 2011 pursuant to The AES Corporation 2003 Long Term Compensation Plan. On February 21, 2014, after the prescribed three year vesting period, the AES Board of Directors approved the performance value of the grant. Each PSU entitles the holder to one share of AES Common Stock for each PSU granted. Reflects tax withholding in connection with the settlement of the PSUs granted on February 18, 2011. This restricted stock unit award ("RSU") was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments beginning on February 21, 2015, if certain continuing employment conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to one share of AES Common Stock for each RSU granted. This includes a 6% (of base salary) discretionary retirement savings award granted pursuant to The AES Retirement Savings Plan (the "Plan") as determined by The AES Corporation Board of Directors on February 21, 2014 subject to applicable IRS contribution limits. The closing stock price on February 21, 2014 was used to determine the number of shares awarded. In the aggregate between February 19, 2014 and February 24, 2014, this reporting person acquired 1,046 shares of AES Common stock under the Plan, which are included in this amount. This information is based on a plan statement dated February 24, 2014. 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 excercisable on February 21, 2015 and the next two installments will become exercisable on February 21, 2016 and February 21, 2017 respectively. These units were awarded pursuant to the Restoration Supplemental Retirement Plan ("Restoration Plan"). Generally, units under this plan are paid out in cash following termination of employment or later as per the terms of the Restoration Plan document. Each unit represents a hypothetical AES investment equal to one share of AES Common stock and units under the Restoration Plan are 100% vested upon award. /s/ Elizabeth Hackenson 2014-02-25