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.

Annual General Meeting 2023 resolved that no dividend be distributed on the basis of the balance sheet to be adopted for the financial year 1 January 2022– 31 December 2022, and that the loss from the financial year be recorded in the Company’s retained earnings.