<Right to dividends
According to the Articles of Association, the minimum mandatory dividend to be distributed each year by the Company is equal to the minimum mandatory dividend specified by law (Article 45 of Codified Law 2190/1920), which according to Article 3 of Development Law 148/1967 is at least 35% of the Company’s net profits, after all necessary withholdings to establish the statutory reserve.
Dividends must be paid within two months from the date of the Ordinary General Meeting of Shareholders approving the Company’s annual financial statements.
The place and method of payment is announced in notices published in the press, the Daily Price Bulletin and both the ATHEX and Company websites.
Dividends which remain unclaimed for a period of five years from the date on which they become payable may not be claimed and are forfeited to the State.