Novem Group S.A.

AGM Information • Aug 24, 2023

Corporate | 24 August 2023 12:46

Novem Group S.A.

Novem Group S.A.: Annual General Meeting approves dividend of €1.15 per share

EQS-News: Novem Group S.A. / Key word(s): AGM/EGM/Dividend Novem Group S.A.: Annual General Meeting approves dividend of €1.15 per share 24.08.2023 / 12:46 CET/CEST The issuer is solely responsible for the content of this announcement.

Novem Group S.A.: Annual General Meeting approves dividend of €1.15 per share

Luxembourg, 24 August 2023 – The shareholders of Novem Group S.A. approved all agenda items at today's Annual General Meeting (AGM) by a large majority.

The Group will therefore distribute a dividend of €1.15 per share for the financial year 2022/23. The dividend is composed of an ordinary dividend of €0.40 per share and a special dividend of €0.75 per share. This corresponds to a total payment of €49.5 million or 99.0% of the net income. Novem thus exceeds last year's payout ratio of 39.1% significantly.

In total, 92.4% of the voting share capital was represented at the AGM. The voting results are available on the Investor Relations website under Corporate Governance/Annual General Meeting.

About Novem

Luxembourg-headquartered Novem is a globally leading supplier of decorative interior trim parts for the premium automotive industry. Across the range of key materials such as genuine wood, aluminium, carbon and premium synthetics, the Company offers unrivalled quality, technology and innovation to a growing customer base including all major premium carmakers worldwide. Founded in Vorbach, Germany, back in 1947, the Company has continuously expanded its global footprint in Germany, Italy, Czech Republic, Slovenia, China, USA, Honduras and Mexico. Novem employs about 5,500 people at 12 locations and achieved a revenue of around €700 million in FY 2022/23.

For more information, please visit www.novem.com.

Contact Investor Relations	Press Contact
Mareike Völker	Isabel Henninger
Head of Investor Relations	Phone: +49 69 506 037 583
Phone: +49 9205 18 1399	E-Mail: isabel.henninger@kekstcnc.com

E-Mail: investor.relations@novem.com

24.08.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	Novem Group S.A.
	19, rue Edmond Reuter
	L-5326 Contern
	Luxemburg
ISIN:	LU2356314745
WKN:	A3CSWZ
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unoffi cial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID:	1711043
End of News	EQS News Service