In the last 5 financial years the Company did not pay out any dividends.

The shareholders have the right to participate in the profit reported in the audited annual financial statement and allocated by resolution of the General Shareholders’ Meeting to be paid to the shareholders of the Company. Decisions concerning profit distribution and dividend payments fall within the exclusive competence of the General Shareholders’ Meeting.

Holders of ordinary shares are authorized to receive dividend and have voting rights at the General Shareholders’ Meetings proportionate to their holdings (each share entitles to exercise one vote).

Currently the profit is allocated as reserve capital for further development or to cover potential losses.