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Pexip Dividend Policy

In deciding whether to propose a dividend and in determining the dividend amount, the Board will comply with the legal restrictions set out in the Norwegian Public Limited Liabilities Companies Act and take into account the company’s capital requirements, including capital expenditure requirements, the company’s financial condition, general business conditions and any restrictions that its contractual arrangements in place at the time of the dividend may place on its ability to pay dividends and the maintenance of appropriate financial flexibility. The proposal to pay a dividend in any year is, in addition to any legal restrictions further subject to any restrictions in the company’s borrowing arrangements or other contractual arrangements in place at the time.


The company introduced a policy in 2023 to distribute 50-100% of the free cash flow generated in the previous calendar year. In addition, the Board has recommended an extraordinary dividend of NOK 0.5 per share as the board recognizes that the company has excess liquidity. In total, the Board recommended to the annual general meeting that the company pay a dividend of NOK 1.1 per share for 2023. The company has not paid any dividends on its Shares during the financial years ended December 31, 2022, 2021, 2020, 2019 and 2018.

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