The Board of Directors of Thule Group AB (publ) proposed a dividend of SEK 15.50 per share, corresponding to SEK 1,621 million based on the number of shares outstanding at February 10, 2021. SEK 8.00 per share comprises the ordinary dividend for 2020 and SEK 7.50 per share an extraordinary dividend based on the withdrawal of the proposed ordinary dividend for 2019. The proposed dividend amounts to 71% of 2020 earnings per share and 88% of 2019 earnings per share, corresponding to 138% of 2020 earnings per share. It is also proposed that dividends be paid in two installments for a better adaptation to the Group's cash flow profile. The first installment will comprise the extraordinary dividend and half of the ordinary dividend. The proposed record date for distribution of the first installment of SEK 11.50 per share is April 26, 2021 and the proposed record date for the second installment of SEK 4.00 per share is October 4, 2021.