Dividend policy

The Board’s target is to annually propose to the Annual General Meeting to resolve on dividends corresponding to at least 30 percent of the company’s profit. The Board intends to prioritize growth over dividends over the next few years, which may result in low or non-dividends to ordinary shares.

Before issuing its recommendation, the Board will consider whether there is the possibility to pay a dividend of this size. In its evaluation, the Board will consider a number of factors, including the company’s operations, operating profit and financial position, current and anticipated liquidity needs, expansion plans and other significant factors