Relais Group Plc's Board of Directors, on 29 November 2022, decided on a change to the company's dividend policy, taking into account the impact caused by the transition to IFRS reporting in defining the dividend basis. The amended dividend policy is as follows: Relais' dividend policy is to target annual dividends that exceed 30% of the average comparable earnings per share of the group, over a business cycle. In proposing the dividend, the group's equity, acquisition opportunities and financing needs related to them, liquidity position, long-term financing and investment needs, growth plans, the requirements of the Limited Liability Companies Act for distribution of dividends and other factors that the company's Board of Directors consider important are taken into account.

For each year, the future amount of dividends, if any, and their timing will depend on the future results of the group companies, financial position, cash flows, investment needs, solvency, the ability of the company's subsidiaries to distribute dividends or otherwise transfer assets to the company, and other factors.