Basler AG – The supervisory board and the management board propose a dividend for fiscal year 2020 above dividend policy

In their today’s meeting, the supervisory board and the management board have decided to have the shareholders of Basler AG participate in the success of the company in view of the unexpectedly positive yearly result 2020. Thus, a dividend amounting to € 0.58 per eligible share will be proposed to this year’s general meeting for fiscal year 2020. This proposal reflects the special circumstances of the corona pandemic and the unexpectedly positive result in the past financial year. Should this proposal be adopted by the general meeting planned for May 19, 2021, an amount of almost € 5.8 million would be distributed to the shareholders and thus 38 % of the net result.

This proposal is unique, the current dividend policy of the company remains unaffected. This provides for an annual distribution ratio of approximately 30 %, however, always depending on the business development as well as on planned investments in growth and the future of the company.

As planned, the full annual report will be published on March 30, 2020 and can be viewed on the company’s website (www.baslerweb.com).