X0306 4 2021-02-19 0000874761 AES CORP AES 0001754410 Krueger Lisa 4300 WILSON BLVD. ARLINGTON VA 22203 1 SVP, US SBU President Common Stock 2021-02-19 4 A 0 7948 A 23026 D Common Stock 2021-02-19 4 F 0 839 28.31 D 22187 D This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will generally vest in three annual installments, subject to the terms and conditions of the award. One-third of the RSUs will vest based on the reporting person's continued employment with AES or a subsidiary on each of February 19, 2022 and February 19, 2023. The final third of the RSUs will vest on February 19, 2024 subject to the reporting person's continued employment with AES or a subsidiary on such date and based, in part, on AES' achievement of certain environmental and social goals. 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 21, 2020. /s/ Lisa Krueger 2021-02-23