Dividend policy

The board of directors has adopted a dividend policy whereby 50 percent, with some flexibility with payout ratio, of the company’s consolidated net profit shall be paid in dividends over time, taking into account an initial capital structure defined as net debt in relation to recurring EBITDA of less than 3 (disregarding any temporary working capital movements).

Furthermore, the board of directors shall take into account a number of additional factors, including the company’s future profits, investment needs, liquidity and development opportunities as well as general economic and business conditions, when proposing a dividend.

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Petter Traaholt +46 72 59 54 749

petter.traaholt@eltelnetworks.se