Profit appropriation according to the articles of association

Under the articles of association, the profit remaining after the allocation to the reserves is at the disposal of the General Meeting of Shareholders (Article 36.2).

It has been agreed with the shareholders that, as of the 2025 financial year, the dividend to be distributed will amount to 50% of net profit from ordinary activities, with a maximum payout of € 100 million and provided that the distribution does not result in Enexis losing its A rating profile within five years. This amount will be indexed annually as of 2026. 

Further details on the proposed profit appropriation for the 2025 financial year can be found in the Profit Appropriation section.