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AMEREN CORP

For the period ended Dec 31, 2024. Filed Feb 18, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 18, 2025

AEE$112.85+0.0%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

☒Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2024

OR

☐Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to
CommissionFile NumberExact name of registrant as specified in its charter;State of Incorporation;Address and Telephone NumberIRS EmployerIdentification No.
1-14756Ameren Corporation43-1723446

(Missouri Corporation)

1901 Chouteau Avenue

St. Louis, Missouri 63103

(314) 621-3222

1-2967Union Electric Company43-0559760

(Missouri Corporation)

1901 Chouteau Avenue

St. Louis, Missouri 63103

(314) 621-3222

1-3672Ameren Illinois Company37-0211380

(Illinois Corporation)

10 Richard Mark Way

Collinsville, Illinois 62234

(618) 343-8150

Securities Registered Pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 par value per shareAEENew York Stock Exchange

Securities Registered Pursuant to Section 12(g) of the Act:

RegistrantTitle of each class
Union Electric CompanyPreferred Stock, cumulative, no par value, stated value $100 per share
Ameren Illinois CompanyPreferred Stock, cumulative, $100 par value

Indicate by check mark if each registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Ameren CorporationYes☒No☐
Union Electric CompanyYes☒No☐
Ameren Illinois CompanyYes☒No☐

Indicate by check mark if each registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

Ameren CorporationYes☐No☒
Union Electric CompanyYes☐No☒
Ameren Illinois CompanyYes☐No☒

Indicate by check mark whether each registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Ameren CorporationYes☒No☐
Union Electric CompanyYes☒No☐
Ameren Illinois CompanyYes☒No☐

Indicate by check mark whether each registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Ameren CorporationYes☒No☐
Union Electric CompanyYes☒No☐
Ameren Illinois CompanyYes☒No☐

Indicate by check mark whether each registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Ameren CorporationLarge accelerated filer☒Accelerated filer☐Non-accelerated filer☐
Smaller reporting company☐Emerging growth company☐
Union Electric CompanyLarge accelerated filer☐Accelerated filer☐Non-accelerated filer☒
Smaller reporting company☐Emerging growth company☐
Ameren Illinois CompanyLarge accelerated filer☐Accelerated filer☐Non-accelerated filer☒
Smaller reporting company☐Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Ameren Corporation☐
Union Electric Company☐
Ameren Illinois Company☐

Indicate by check mark whether each registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

Ameren Corporation☒
Union Electric Company☐
Ameren Illinois Company☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

Ameren Corporation☐
Union Electric Company☐
Ameren Illinois Company☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).

Ameren Corporation☐
Union Electric Company☐
Ameren Illinois Company☐

Indicate by check mark whether each registrant is a shell company (as defined in Rule 12b-2 of the Act).

Ameren CorporationYes☐No☒
Union Electric CompanyYes☐No☒
Ameren Illinois CompanyYes☐No☒

As of June 28, 2024, the aggregate market value of Ameren Corporation’s common stock, $0.01 par value, (based upon the closing price of the common stock on the New York Stock Exchange on June 28, 2024) held by nonaffiliates was $18,953,889,643. All of the shares of common stock of the other registrants were held by Ameren Corporation as of June 28, 2024.

The number of shares outstanding of each registrant’s classes of common stock as of January 31, 2025, were as follows:

RegistrantTitle of each class of common stockShares
Ameren CorporationCommon stock, $0.01 par value per share269,906,252
Union Electric CompanyCommon stock, $5 par value per share, held by Ameren Corporation102,123,834
Ameren Illinois CompanyCommon stock, no par value, held by Ameren Corporation25,452,373

DOCUMENTS INCORPORATED BY REFERENCE

Portions of the definitive proxy statement of Ameren Corporation and portions of the definitive information statements of Union Electric Company and Ameren Illinois Company for the 2025 annual meetings of shareholders are incorporated by reference into Part III of this Form 10-K.

This combined Form 10-K is separately filed by Ameren Corporation, Union Electric Company, and Ameren Illinois Company. Each registrant hereto is filing on its own behalf all of the information contained in this annual report that relates to such registrant. Each registrant hereto is not filing any information that does not relate to such registrant, and therefore makes no representation as to any such information.

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