Dividend

In light of the very challenging nature of fiscal year 2020 as well as the persisting high uncertainty with regard to the pandemic, the Managing Board and Supervisory Board of HUGO BOSS proposed to the Annual Shareholders’ Meeting to only pay the legal minimum dividend of EUR 0.04 per share also for fiscal year 2020. In doing so, the Company aims at further strengthening its internal financing capability. At the same time, HUGO BOSS remains confident of returning to its profit-based dividend policy in the medium term, which aims to allow shareholders to participate appropriately in the Group’s earnings development.