B&S Group proposed dividend at the annual general meeting to be held on May 19, 2020, of a dividend of €0.09 per share, in cash (subject to withholding tax if applicable). On December 9, 2019, the company paid an interim dividend of €0.13 per share, representing 40% of the semi-annual 2019 results attributable to the owners of the company. This brings the total dividend to €0.22 per share. In line with the dividend policy, this translates into a pay-out ratio of 40% of the annual Group results attributable to the owners of the company. For practical reasons, the group will propose to the shareholders in the May 2020 annual general meeting to shift from semi-annual payment of dividend to an annual payment. This change will be effective from 2020 onwards, where a year-end dividend pay-out for the Fiscal Year 2020 period is anticipated in H1 2021. The earlier indicated dividend policy will further remain intact.