On June 11, 2025, the Annual General Meeting of BLG AG approved the proposal of the Board of Management and the Supervisory Board to appropriate the net retained profits (in accordance with the German Commercial Code (HGB)) of EUR 1,920 thousand reported on December 31, 2024, as follows:
Distribution of a dividend of EUR 0.50 per share. This represented a distribution amount of EUR 1,920 thousand and a distribution ratio of 53.4 percent. The dividend was distributed to our shareholders on June 16, 2025.
For the 2025 financial year, the Board of Management and the Supervisory Board will propose to the Annual General Meeting on June 10, 2026, that the net retained profits in the amount of EUR 1,920 thousand be used to pay a dividend of EUR 0.50 per share. This represents a distribution ratio of 65.0 percent.
Shareholders’ rights to dividend payments are recognized as a liability in the period, in which the corresponding resolution is passed.