MTU Aero Engines : proposes dividend of €2.10 per share

Munich, March 8, 2022 - At its meeting today, the Supervisory Board of MTU Aero Engines AG agreed with the Executive Board's dividend proposal (see press release of February 16, 2022): For fiscal year 2021, the Executive Board and the Supervisory Board plan to propose a dividend of €2.10 per share to be voted on at the virtual Annual General Meeting on May 5, 2022.

"Despite continued disruption and uncertainty as a result of the coronavirus pandemic, MTU's business was successful in fiscal year 2021. We have therefore decided together with the Executive Board to share this success with MTU's shareholders by using the net profit available for distribution entirely for the dividend payment," said Klaus Eberhardt, Chairman of the Supervisory Board. CEO Reiner Winkler added: "An investment in MTU should pay off, particularly for shareholders who have been loyal to MTU even in times of crisis. In the spirit of our dividend policy, we will strive for a successive increase in the dividend payout ratio during the years to come." The dividend payment for fiscal year 2021 amounts to a dividend payout ratio of 33 percent. MTU Aero Engines intends its dividend policy to be the source of attractive dividend payments, and has set itself the target of raising its dividend payout ratio over the coming years to 40 percent.

The dividend for 2021 will be paid to shareholders on May 10, 2022, following the resolution of the Annual General Meeting.