The AES Corporation (NYSE: AES) today announced that Jeffrey Ubben has resigned from its Board of Directors. Ubben has been a Director on AES' Board since January 2018.

"We are grateful for Jeff's outstanding service on our Board over the last three years. He has been an active and valuable thought partner and advisor during an important time in AES' transformation," said Jay Morse, AES Chairman.

"Today, AES is leading the global energy transition with our sustainability efforts, growth in renewables and energy storage, as well as investment in new technologies, and Jeff has my appreciation for his role in that successful transition," said Andrés Gluski, AES President and Chief Executive Officer.

"AES is a dynamic company with a terrific leadership team, where I have had a wonderful experience serving on its Board. My resignation is due to my appointment to ExxonMobil Corporation's Board of Directors," said Jeffrey Ubben, Founder and Managing Partner of Inclusive Capital Partners. "I truly believe in the work AES is doing and I look forward to celebrating the Company's future successes as a shareholder."

About AES

The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we're improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today. For more information, visit www.aes.com.