Dividend

Since the debut at the Warsaw Stock Exchange FFIL ŚNIEŻKA SA has been regularly distributing dividends. The sum of dividends paid to shareholders in this period is PLN 504,223 thousand.

On April 27, 2023, the General Meeting of FFIL ŚNIEŻKA SA adopted a resolution on the dividend distribution from the 2022 profit in the amount of PLN 2.00 (two zlotys) per share, i.e. in the total amount of up to PLN 25,235,556.
The dividend date was established to May 16, 2023, and the dividend payment was carried out on May 31, 2023. The number of shares covered by the dividend as at April 27, 2023 was 12,617,778.

In the coming years – until the net debt ratio is reduced to one-time the consolidated EBITDA – the Management Board of Śnieżka intends to recommend to Śnieżka’s shareholders the payment of a dividend at the level of 50% of the consolidated net profit of the Śnieżka Group attributable to the shareholders of the parent company – Śnieżka – for individual financial years. In the event of circumstances that justify a change in the Management Board’s recommendation, the Company will provide information in the appropriate ESPI report.

Dividend

The Company’s shares are included in WIGdiv dividend index. The WIGdiv index includes companies that have distributed regularly dividends over the last 5 financial years. The WIGdiv is a total return index and its calculation takes into account both the prices of its shares as well as dividend and subscription rights income.