Result of the option for the payment of the dividend in shares for the 2023 financial year

On June 6, 2024, Neoen announced the results of the option for the payment of the dividend in shares for the financial year 2023. At the annual general meeting on May 14, 2024, the shareholders adopted the resolutions relating to a gross dividend of 0.15 euros per share and the option of payment in cash or new shares.

The price of the new shares was set at 26.48 euros, representing 90% of the average closing price over the twenty sessions preceding the meeting of May 14, 2024. The option period, open from May 22 to June 5 , saw 74.53% of rights exercised in favor of shares.

This operation results in the creation of 641,770 new ordinary shares, representing approximately 0.42% of the current capital. Settlement-delivery and admission to Euronext Paris will take place on June 11, 2024. The shares issued will be assimilated to existing shares and will carry current rights.

At the same time, the cash dividend for shareholders who did not choose the stock option amounts to 5,807,659.35 euros, also payable on June 11, 2024. The post-operation share capital will be composed of 152,848,774 shares for 152,654,761 votes.