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Consequently, the Company has decided to partly amend its dividend policy. The dividend pay ratio will depend on the Company's recent financial performance and financial position, organic and acquisitive growth opportunities and macro-circumstances. Under the amended policy, the intention is to pay a ratio of 40% to 50% of full-year net profit. Dividends will continue to be paid in cash in two semi-annual instalments. The intention is to pay an interim dividend in the third quarter of each fiscal year equal to 40% of net profit over the first half year of that respective fiscal year.

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Lucas Bols NV published this content on 25 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 16:12:12 UTC.