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Novem Group S.A. Announces Suspension of Dividend

Luxembourg, 17 June 2024 – The Management Board of Novem Group S.A., in agreement with the Supervisory Board, plans to propose at the Annual General Meeting on 22 August 2024, that no dividend be distributed for the financial year 2023/24.

The decision stems from ongoing economic uncertainties and underwhelming market performance. This suspension aims to navigate the persistently volatile and challenging trading environment, given the limited current visibility.

Contact Investor Relations Press Contact: Mareike Völker (Phone: +49 69 506 037 583, Email: investor.relations@novem.com) and Isabel Henninger (Phone: +49 9205 18 1399, Email: isabel.henninger@kekstcnc.com).

R. E.

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