The Board of Directors proposes that a dividend of 1.30 euro per share be paid for the financial year 2016. The parent company’s distributable funds total 1,097,420,182.01 euro, which includes 281,705,697.79 euro in net profit for the year. There are 197,241,130 shares with dividend rights. The dividend will be paid in two instalments. The first instalment of 0.65 euro per share will be paid to shareholders who are registered in the list of shareholders maintained by Euroclear Finland Ltd on the record date 6 March 2017. The dividend payment date proposed by the Board for this instalment is 13 March 2017. The second instalment of 0.65 euro per share will be paid in September 2017. The second instalment will be paid to shareholders who are registered in the list of shareholders maintained by Euroclear Finland Ltd on the dividend record date, which, together with the payment date, shall be decided by the Board of Directors in its meeting scheduled for 12 September 2017 in accordance with the rules of the Finnish book-entry system. The dividend record date for the second instalment as per the current rules of the Finnish book-entry system would be 14 September 2017 and the dividend payment date 21 September 2017, unless the renewal of the securities processing infrastructure by Euroclear Finland Ltd brings the dividend payment date a few days earlier.
The Annual Report 2016, including the financial review and the review by the Board of Directors, will be available on the company website www.wartsila.com and at www.wartsilareports.com during week 6.