Distribution of dividends

Dividend proposal

The Annual General Meeting approved the proposal of the Board of Directors according to which a dividend of EUR 0.08 per share will be paid from the distributable funds of the Company for the financial year 2018.

VMP’s intention is to distribute 30 to 50 percent of its annual net result, adjusted for depreciation of goodwill, as dividend to VMP’s shareholders.

The Company’s Board of Directors reviews the balance between the amount of dividend and the Company’s financial position, cash flow and growth investments and, based on this review, prepares a proposal on the amount of dividend to be distributed, which may deviate significantly from the target level defined in the dividend policy.