On May 11, 2023, the Annual General Meeting of NORMA Group SE took place again in Frankfurt am Main as an in-person event after three years of virtual Annual General Meetings. Of the 31,862,400 shares with voting rights, a total of 78% of the registered share capital of NORMA Group SE was represented.

The proposal of the Supervisory Board and the Management Board to distribute a dividend of 55 cents per share was approved by the Annual General Meeting with a majority of 99.37%. The total amount distributed amounted to around EUR 17.5 million. (2022: EUR 23.9 million) This results in a payout ratio of 31.3% of the adjusted consolidated net income generated in the 2022 financial year (EUR 56.0 million). The payout ratio was thus within the range defined by NORMA Group of 30 to 35% of adjusted consolidated net income. In addition, the Annual General Meeting also approved all other agenda items by the majorities necessary.

All voting results can be found in the Investor Relations section of the NORMA Group website WWW.NORMAGROUP.COM


These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.