QUADIENT - 2020 Universal Registration Document

3 MANAGEMENT REPORT Review of Quadient’s financial position and results in 2020

3.1.12

DIVIDEND

As part of its “Back to Growth” strategy, Quadient has decided, as part of its shareholder return policy, to set its annual pay-out ratio at a minimum of 20 of the Group attributable net income with the minimum annual dividend set at an absolute floor of 0.50 euros per share.

The dividend proposal related to the 2020 financial year, will be submitted to the approval of shareholders at the General Meeting on 1 July 2021.

Date (a) of the interim dividend

Amount of the interim dividend

Date (a) of the balance of the dividend

Amount of the balance of the dividend

Amount of the full year dividend

2020

09/08/2021

EUR 0.50

2019

-

-

09/09/2020

-

EUR 0.35

2018

-

-

06/08/2019

-

EUR 0.53

2017

06/02/2018

EUR 0.80

07/08/2018

EUR 0.90

EUR 1.70

2016

07/02/2017

EUR 0.80

08/08/2017

EUR 0.90

EUR 1.70

2015

09/02/2016

EUR 0.80 09/08/2016

EUR 0.90

EUR 1.70

(a)

Payment date.

3.1.13

SHARE BUYBACK PROGRAM

A share buyback program involving a maximum of 10 of the issued share capital at a maximum purchase price of 50 euros could be presented for approval to the Annual General Meeting to be held on 1 July 2021.

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UNIVERSAL REGISTRATION DOCUMENT 2020