AES CORP — Director's Dealing 2017

May 2, 2017

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2017-04-20

Reporting Person: Mohan Vineet (Sr. VP Global Engr & Const)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	48088	Direct
Common Stock	6552	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Units	$		Common Stock (21515)		Direct

Footnotes

F1: Consists of Restricted Stock Unit ("RSU") awards granted pursuant to The AES Corporation 2003 Long Term Compensation Plan, which will vest in three equal installments from the date of grant 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.

F2: Consists of shares of AES Common Stock acquired pursuant to The AES Corporation Retirement Savings Plan. The information in this report is based on a plan statement dated April 20, 2017.

F3: These units were awarded pursuant to the Restoration Supplemental Retirement Plan ("Restoration Plan"). Generally, units under the Restoration Plan are paid out in cash following termination of employment or later per 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.