Resolutions on profit for the year and distribution to shareholders

Dear Shareholders,

in inviting you to approve the financial statements, we propose that the profit of 89,601,433.50 for the year ended 31 December 2014 be allocated as follows:

  • € 4,480,071.67, 5% of the total, to the legal reserve,
  • € 85,100,774.04 to Shareholders, corresponding to a unit dividend of 0.3996,
  • € 20,587.78 to be carried forward.

It is also proposed that 10,733,430.96, corresponding to a unit dividend of 0.0504, be allocated to Shareholders via use of the reserve of earnings retained from previous years.

The overall dividend, therefore (coupon no. 16) of 95,834,205.00, corresponding to 0.4500 per share, shall be paid beginning on 24 June 2015 with a detachment date of 22 June and a record date of 23 June.

At the date of approval of the financial statements, treasury shares total 416.993


The Board of Directors