Eolus’s dividend policy
The Board of Directors has adopted a dividend policy entailing that dividends issued by Eolus in the long term will be determined by the company’s earnings and correspond to 20-50% of profit after tax. However, dividends will be adapted to the company’s investment requirements and financial position. In view of the fluctuations in the Company’s sales and earnings, the Board of Directors has designed the dividend policy so that dividends do not need to be paid every year. The current dividend policy was adopted in 2011/2012.
Dividends are paid to shareholders that are recorded in the shareholder register maintained by Euroclear on the record date determined at the Annual General Meeting. The payment of dividends is arranged by Euroclear or, in the case of nominee-registered shares, in accordance with each nominee’s procedures. Should a shareholder be unreachable through Euroclear, the shareholder’s claim on the company regarding dividend amounts will remain and only be restricted by limitation regulations. At the end of the limitation period, the dividend amount will accrue to the company. There are no special regulations, restrictions or procedures pertaining to dividends for shareholders not resident in Sweden.