Rexel S.A. will propose to shareholders a dividend of €0.75 per share, the highest-ever amount fully paid in cash. This represents a payout of 40% of the Group's recurring net income, in line with Rexel's policy of paying out at least 40% of recurring net income. This dividend, payable in cash in early June 2022, will be subject to approval at the Annual Shareholders' Meeting to be held in Paris on April 21, 2022.