Skeljungur hf. at its annual general meeting held on March 4, 2021, approved amendments to its dividend policy according to which it will propose on a yearly basis dividend up to 50% of the annual net profit. The board’s proposal shall notwithstanding be in accordance with law and take into account and to consider the risk policy in place, financial covenants, market conditions, the company’s liquidity need and other possible factors that might limit payout to shareholders at any given time. The dividend policy shall be the base for a dividto its end proposal put forth at Annual General Meetings.