Dividend policy
The Managing Board and Supervisory Board intend to propose to the Annual General Meeting on May 9, 2023 a dividend of EUR 1.00 per share for fiscal year 2022. The proposal is equivalent to a payout ratio of 33% of the Group’s net income attributable to shareholders in fiscal year 2022, thus fully in line with the Company’s targeted payout range of between 30% to 50% as set out in “CLAIM 5.”