Dividend policy

The general meeting of shareholders resolves on the distribution of dividends in accordance with the proposal for distribution of dividend made by the Board of Directors of the company.

In the forthcoming years, Spinnova will focus on financing the growth and the development of its business. The company will adhere to this very stringent dividend policy, tied to the company’s results and financial standing. The company expects to distribute no dividends in the near to mid-term.

Financial Statements Bulletin 2021: Board of Directors proposes to the Annual General Meeting that no dividend be distributed for the financial year January-December 2021, and that the loss of the financial year is recorded in the retained earnings.