AS MADARA Cosmetics approved to distribute dividend for the year 2022 in the amount of EUR 1,299,549 and part of the undistributed profit of previous years in the amount of EUR 9,166,985 which in total amounts to EUR 132,121,985 or EUR 0.35 per share. To set that the dividend Ex-date (namely, the date from which no dividends will be paid for the shares in respect to which a decision was made to pay dividends) shall be 12 July 2023. To set that the dividend record date shall be 13 July 2023.

To set that the dividend payment date shall be 14 July 2023.