Dividend Policy

The Board of Directors has confirmed a dividend policy for the Company, according to which the Company will target a dividend payout of 70–90 per cent of its profit for the period on an annual basis. Part of the distribution may be executed through Share buybacks. The proposed dividends shall take the Company’s long-term development needs and financial position into account. Any dividends to be paid in future years, their amount and the time of payment will depend on the Company’s future earnings, financial condition, cash flows, investment needs, solvency and other factors.