Dividend and Dividend Policy

Bittium Corporation follows a dividend policy that takes into account Group’s performance, financial position, capital needs and financing required for growth.

Dividend from 2023

The Annual General Meeting held on April 10, 2024 decided, in accordance with the Board of Directors’ proposal, that a dividend of EUR 0.03 per share be distributed based on the approved balance sheet for the financial period January 1 – December 31, 2023. The dividend was paid to shareholders who were registered in the company’s shareholder register maintained by Euroclear Finland Ltd on the dividend record date of April 12, 2024. The dividend payment date was April 16, 2024. On the dividend record date, all of the company’s shares, excluding any treasury shares held by the company, were entitled to a dividend.

The Annual General Meeting held on April 10, 2024 decided, in accordance with the Board of Directors’ proposal, to authorize the Board of Directors to decide, at its discretion, on an extraordinary dividend of EUR 0.03 per share by October 31, 2024. On October 18, 2024, the Board of Directors of Bittium Corporation decided to distribute an additional dividend of EUR 0.03 per share, in accordance with the authorization granted to it by the Annual General Meeting. The dividend was paid to shareholders who were registered in the company’s shareholder register maintained by Euroclear Finland Ltd on the dividend record date of October 22, 2024. The dividend payment date was October 29, 2024.

The Board of Directors estimated that a discretionary extraordinary dividend can be paid as there has been no significant deterioration in the business environment during 2024.

Proposal by the Board of Directors on the Use of the Profit Shown on the Balance Sheet and the Payment of the Dividend

The distributable funds in the parent company’s balance sheet on December 31, 2024 were EUR 116,813,656, of which the profit for the financial period was EUR 2,705,058. The Board of Directors proposes to the Annual General Meeting to be held on May 7, 2025 that a dividend of EUR 0.10 per share be distributed based on the balance sheet to be approved for the financial period January 1 – December 31, 2024. The dividend will be paid to shareholders who are registered in the shareholder register maintained by Euroclear Finland Ltd on the dividend payment record date of May 9, 2025. The Board of Directors proposes that the dividend payment date is May 16, 2025.