Policy

The company's dividend policy is earnings oriented, with a payout ratio in the region of 30 percent of earnings per share.

The ex dividend date is generally the fourth working day after the annual general meeting.

The annual general meeting determines the gross dividend each year in percent of the nominal value of the shares. Payment is made net, i.e. after deduction of the mandatory 35 percent withholding tax.

Reimbursement of the withholding tax can be requested. Please note that reimbursement claims from shareholders abroad may be subject to double taxation agreements.