Dividend policy

Instalco’s target is to distribute 30% of earnings after tax.

Any dividend is paid following a resolution by the general meeting. This is administered by Euroclear or, for nominee-registered holdings, in accordance with the procedures of the respective nominee. The right to dividends incurs to persons registered as owners in the share register kept by Euroclear on the record date set by the general meeting or by the board of directors with authorisation from the general meeting.