Announcement of scrip issue price for interim dividend 2022

In the Half Year Report 2022 released this morning management announced its intention to pay an interim dividend of € 1.04 per share. Management proposes shareholders to have the option of taking the interim dividend in either cash or shares, or a combination of the two.

A maximum of 447.237 shares are available for stock dividend. If shareholders in aggregate opt for a number of shares which exceeds this maximum, those who have opted for distribution in the form of shares will be allocated on a pro rata basis, with the remainder being distributed in cash subject to deduction of 15% Dutch dividend withholding tax.

Shareholders electing for a dividend in shares, which will be paid out of the share premium reserve and therefore not subject to dividend withholding tax, will receive 1 (one) new ordinary share for every 31 (thirty one) ordinary shares held. This equates to a price of € 32.24 per ordinary share on an ex dividend basis. The new ordinary shares created as a result will rank pari passu with existing ordinary shares for the financial year 2022.

The ex-dividend date is 18 July 2022. The election period will start 20 July 2022 and close 2 August 2022 at 3pm (CET). If by then no notification is received the dividend will be paid in cash. The cash dividend will be paid on 4 August 2022. Shareholders opting for shares will receive their shares also on 4 August 2022.

The Management Board of NSI N.V.