Eckert & Ziegler : Proposal on the appropriation of net income for the FY 2023

Proposal on the appropriation of net income Eckert & Ziegler for the FY 2023

The Executive Board and the Supervisory Board propose that the net retained income reported in the annual financial statements of the Company as of December 31, 2023 in the amount of Euro 30,605,157.44 is appropriated as follows:

Distribution of a dividend of Euro 0.05 per no-par value share entitled to dividend: Euro 1,042,228,85

Allocation of the remaining amount to retained earnings:

Euro 29.562.928,59

The aforementioned total dividend and the remaining amount to be transferred to retained earnings are based on the dividend-bearing share capital of EUR 20,844,577 divided into 20,844,577 no-par value shares existing at the time of the convening of the Annual General Meeting. By contrast, the 327,355 treasury shares held by the Company at the time of the convening of the Annual General Meeting are not entitled to dividend.

The number of shares entitled to dividend may change up to the time of the resolution on the appropriation of net income. In this case, a correspondingly adjusted proposed resolution will be put to the vote at the Annual General Meeting, which will provide for an unchanged dividend of EUR 0,05 per no-par value share entitled to dividend and a correspondingly adjusted profit carryforward.