Dividends and Capital Repayments

Dividends and Capital Repayments

October 18, 2024

The Annual General Meeting furthermore authorized the Board of Directors to decide, at its discretion, on the distribution of an extraordinary dividend of EUR 0.03 per share, by October 31, 2024. The Board of Directors has decided to distribute the extraordinary dividend of EUR 0.03 per share with the authorizations granted to it by the Annual General Meeting. The dividend will be paid to a shareholder who, on the record date for the dividend payment, October 22, 2024, is registered in the company´s shareholders´ register maintained by Euroclear Finland Ltd. The dividend will be paid on October 29, 2024.

The Board of Directors evaluated that this discretionary extraordinary dividend can be paid, since there has been no significant deterioration in the business environment during 2024.

All the shares in the company are entitled to the dividend, except for own shares possibly held by the company on the dividend record date.

April 10, 2024

In accordance with the proposal of the Board of Directors, the Annual General Meeting decided that, based on the balance sheet for the financial year January 1, 2023 – December 31, 2023, a dividend of EUR 0.03 per share will be distributed. The dividend will be paid to a shareholder who, on the record date for the dividend payment, April 12, 2024, is registered in the company´s shareholders´ register maintained by Euroclear Finland Ltd. The dividend will be paid on April 19, 2024.

The Annual General Meeting furthermore authorized the Board of Directors to decide, at its discretion, on the payment of an extraordinary dividend of EUR 0.03 per share, by October 31, 2024. The Board of Directors expects that this discretionary extraordinary dividend will be paid, unless there is a significant deterioration in the business environment during 2024. The company will publish any possible decisions on dividend payment by the Board of Directors separately, and simultaneously confirm the dividend record and payment dates.

All the shares in the company are entitled to the dividend, except for own shares possibly held by the company on the dividend record date.

April 12, 2023

In accordance with the proposal of the Board of Directors, the Annual General Meeting decided that, based on the balance sheet for the financial year January 1, 2022 – December 31, 2022, a dividend of EUR 0.05 per share will be distributed. The dividend will be paid to a shareholder who, on the record date for the dividend payment, April 14, 2023, is registered in the company´s shareholders´ register maintained by Euroclear Finland Ltd. The dividend will be paid on April 21, 2023. All the shares in the company are entitled to the dividend, except for own shares possibly held by the company on the dividend record date.

April 6, 2022

In accordance with the proposal of the Board of Directors, the Annual General Meeting decided that, based on the balance sheet for the financial year January 1, 2021 – December 31, 2021, a dividend of EUR 0.04 per share will be distributed. The dividend shall be paid to shareholders who on the dividend record date of April 8, 2022, are registered in the company´s shareholders´ register held by Euroclear Finland Oy. The dividend shall be paid on April 19, 2022. All the shares in the company are entitled to the dividend with the exception of shares possibly held by the company on the dividend record date.

April 14, 2021

Based on the shareholder vote concerning minority dividend, the Annual General Meeting decided in deviation from the proposal of the Board of Directors that a minority dividend corresponding to half of the profit for the financial period shall be paid in accordance with Chapter 13, Section 7 of the Companies Act. The Board of Directors of the company had proposed to the Annual General Meeting that no dividend be distributed by the Annual General Meeting based on the adopted balance sheet for the financial period of January 1, 2020 – December 31, 2020. The total amount of the minority dividend to be distributed is EUR 1,110,327.74, corresponding to EUR 0.0311 per share.

The dividend shall be paid to shareholders who on the dividend record date April 16, 2021 are registered in the company´s shareholders´ register held by Euroclear Finland Oy. The dividend shall be paid on April 23, 2021. All the shares in the company are entitled to the dividend with the exception of shares possibly held by the Company on the dividend record date.

February 11, 2021

The Board of Directors of Bittium Corporation proposes to the Annual General Meeting of shareholders to be held in April 14, 2021, that no dividends shall be paid from the adopted balance sheet for the financial period of January 1 – December 31, 2020.

November 27, 2020

Under the authorization of the Annual General Meeting held on June 15, 2020, the Board of Directors of Bittium Corporation has decided today, that no dividend based on the distributable assets of the adopted balance sheet for the financial period of January 1, 2019 – December 31, 2019 shall be paid. This decision strengthens the company’s ability to invest in line with its strategy to enable future growth.

June 15, 2020

The Annual General Meeting decided in accordance with the proposal of the Board of Directors that no dividend be distributed by the General Meeting and to authorize the Board of Directors to decide at a later stage and in its discretion on dividend distribution not exceeding the aggregate maximum amount of EUR 3.6 million in one or several instalments, which corresponds to approximately EUR 0.10 per share with the current number of shares. The authorization is effective until the beginning of the next Annual General Meeting, however, no longer than until June 30, 2021. The Company will publish the Board of Directors’ possible decisions on dividend distribution, and simultaneously confirm the applicable record and payment dates for such dividend payments. Dividends paid on the basis of this authorization will be paid to shareholders who on the applicable record date for such dividend payment are recorded in the shareholders´ register held by Euroclear Finland Oy.

April 10, 2019

The Annual General Meeting held on April 10, 2019 decided in accordance with the proposal of the Board of Directors to pay EUR 0.05 per share as dividend based on the adopted balance sheet for the financial period of January 1, 2018 – December 31, 2018, representing approximately half of the result of the financial period, and in addition, EUR 0.10 per share as additional dividend, totaling altogether to EUR 0.15 per share. The dividend will be paid to the shareholders who are registered as shareholders in the company’s register of shareholders as maintained by Euroclear Finland Ltd on the dividend record date, April 12, 2019. The dividend will be paid on April 23, 2019.

April 11, 2018

The Annual General Meeting held on April 11, 2018 decided in accordance with the proposal of the Board of Directors to pay EUR 0.30 per share as dividend based on the adopted balance sheet for the financial period January 1, 2017 – December 31, 2017. The dividend will be paid to the shareholders who are registered as shareholders in the company’s register of shareholders as maintained by Euroclear Finland Ltd on the dividend record date Friday, April 13, 2018. The dividend will be paid on Friday, April 20, 2018.

April 12, 2017

The Annual General Meeting held on April 12, 2017 decided in accordance with the proposal of the Board of Directors to pay EUR 0.05 per share as dividend and EUR 0.25 per share as additional dividend based on the adopted balance sheet for the financial period January 1, 2016 – December 31, 2016. The dividend will be paid to the shareholders registered in the company’s register of shareholders maintained by Euroclear Finland Ltd on the dividend record date Tuesday, April 18, 2017. The dividend will be paid on Tuesday, April 25, 2017.

April 19, 2016

The Annual General Meeting held on April 19, 2016 decided in accordance with the proposal of the Board of Directors to pay EUR 0.05 per share as dividend based on the adopted balance sheet for the financial period January 1, 2015 – December 31, 2015 and EUR 0.25 per share as additional dividend. The dividend will be paid to the shareholders registered in the company’s register of shareholders maintained by Euroclear Finland Ltd on the dividend record date Thursday, April 21, 2016. The dividend will be paid on Thursday, April 28, 2016.

April 15, 2015

The Annual General Meeting held on April 15, 2015 decided in accordance with the proposal of the Board of Directors to pay EUR 0.04 per share as dividend based on the balance sheet adopted for the financial period January 1, 2014 – December 31, 2014. The dividend will be paid to the shareholders who are registered in the shareholders’ register maintained by Euroclear Finland Ltd on the dividend record date Friday, April 17, 2015. The dividend will be paid on Friday, April 24, 2015.

April 10, 2014

The Annual General Meeting held on April 10, 2014 decided in accordance with the proposal of the Board of Directors to pay EUR 0.02 per share as dividend based on the balance sheet adopted for the financial period January 1, 2013 – December 31, 2013. The dividend will be paid to the shareholders who are registered in the shareholders’ register maintained by Euroclear Finland Ltd on the dividend record date, Tuesday, April 15, 2014. The dividend will be paid on Thursday, April 24, 2014.

December 4, 2013

The Extraordinary General Meeting of Elektrobit Corporation held on Wednesday December 4, 2013 resolved in accordance with the proposal of the Board of Directors that on the basis of the financial statements adopted for the financial period ended on December 31, 2012, funds from the invested non-restricted equity fund be distributed to shareholders as a repayment of capital, with the capital repayment amounting to EUR 0.11 per share. The aggregate amount of the distribution based on the number of shares as of the date of the General Meeting amounted to EUR 14,311,096.25. The repayment of capital was paid to shareholders recorded in the company’s register of shareholders maintained by Euroclear Finland Ltd. on the record date of the capital repayment, December 10, 2013. The repayment of capital was paid on December 17, 2013.

April 11, 2013

The Annual General Meeting decided in accordance with the proposal of the Board of Directors to pay EUR 0.01 per share as dividend based on the balance sheet adopted for the financial period January 1, 2012 – December 31, 2012. The dividend will be paid to the shareholders who are registered in the shareholders’ register maintained by Euroclear Finland Ltd on the dividend record date April 16, 2013. The dividend will be paid on April 23, 2013.

March 25, 2010

The Annual General Meeting of Elektrobit Corporation held on March 25, 2010 approved the proposals of the Board of Directors according to which the shareholders are distributed EUR 0.20 per share from the parent company’s share premium fund.

On August 12, 2010 the Finnish National Board of Patents and Registration gave its consent for the distribution and decrease of the share premium fund of Elektrobit Corporation in accordance with the decisions made by the Annual General Meeting held on March 25, 2010.

On September 2, 2010 the shareholders were distributed EUR 0.20 per share from the share premium fund, in total EUR 25,882,538.00.

March 14, 2008

The Annual General Meeting approved a proposal by the Board of Directors to pay a dividend of EUR 0.02 per share, i.e. a total of EUR 2,588,253.80. Dividend will be paid to shareholders that have been entered into the shareholders’ register maintained by the Finnish Central Securities Depository Ltd on the record date for the payment of dividend, 19 March 2008. The dividend will be paid on 28 March 2008.

March 14, 2007

The Shareholders’ Meeting approved the Board of Directors’ proposal to pay dividend of EUR 0.11 of the distributable profits of EUR 37,473,785, i.e. a total of EUR 14,235,395.90 and that the rest of the profit shall remain in unrestricted equity. Dividend will be paid to shareholders that have been entered into the shareholders’ register maintained by the Finnish Central Securities Depository Ltd on the record date for the payment of dividend, 19 March 2007. The payment date of the dividend is 26 March 2007.

March 15, 2006

The Shareholders’ Meeting resolved that in accordance with the Board of Directors’ proposal dividend of EUR 0,07 per share, i.e a total of EUR 9,058,888.30 be distributed for the financial period of 2005.

MARCH 17, 2005

The Shareholders’ meeting resolved that in accordance with the Board of Directors’ proposal dividend of EUR 0.012 per share, i.e a total of EUR7,764,761.40 be distributed for the financial period of 2004.

March 12, 2004

The Shareholders’ Meeting resolved that in accordance with the Board of Directors’ proposal dividend of EUR 0,01 per share, i.e a total of EUR 6.305.256, be distributed for the financial period of 2003.

April 4, 2001

The Shareholders’ Meeting approved the dividend to be 0,01 euro per share in accordance with the Board of Directors’ proposal. The dividend was paid to a shareholder who was registered as a shareholder in the Company’s shareholder register maintained by the Finnish Central Securities Depository Ltd on record date April 9, 2001. The date of payment for the dividend was April 18, 2001.

April 12, 2000

The Shareholders’ Meeting approved the dividend to be 0,01 euro per share in accordance with the Board of Directors’ proposal. The dividend was paid to a shareholder who was registered as a shareholder in the Company’s shareholder register maintained by the Finnish Central Securities Depository Ltd on record date April 9, 2001. The date of payment for the dividend was April 18, 2001.

April 7, 1999

In accordance with the proposal of the Board of Directors, the Annual General Meeting decided to distribute a dividend of FIM 2.00 per share. The dividend was paid to all shareholders registered on April 12, 1999 on JOT Automation Group Plc’s register of shareholders, held by the Finnish Central Securities Depositary Ltd. The dividend was paid on April 19, 1999.