Dividend proposal

The policy adopted by Ordina's Annual General Meeting of Shareholders is that 25% of the profit for the year is distributed as a cash dividend.

As Ordina has had to report a loss for 2008, no profit appropriation proposal will be presented to the Annual General Meeting of Shareholders. This is a direct result of the provisions for profit appropriation in the Articles of Association, and is in keeping with the prevailing dividend policy.

Management Board