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Dividend Policy

NIBC intends to apply a dividend pay-out policy that aims to pay out at least 50 per cent of its net profit attributable to shareholders. For the year ended 31 December 2018, NIBC targets a pay-out ratio of approximately 50 per cent.

NIBC intends to pay dividends in two semi-annual instalments. The first payment for each year is expected to be made in the second half of that year and the remainder in the first half of the following year following approval of the General Meeting.