EQS-Adhoc: Sto SE & Co. KGaA plans to reduce dividend distribution to shareholders

Publication of inside information in accordance with Article 17 Regulation (EU) No 596/2014 (MAR)
Sto SE & Co. KGaA, Stühlingen
ISIN: DE0007274136 / WKN: 727413

Sto plans to reduce dividend distribution to shareholders: basic dividend remains at previous year's level, bonus to be reduced

Stühlingen, March 25, 2025 - The board of directors of STO Management SE as the personally liable partner of Sto SE & Co. KGaA has decided at its meeting today to propose to the Annual General Meeting of Sto SE & Co. KGaA on June 18, 2025 a reduced profit distribution of EUR 21,036,780.00 (previous year: EUR 31,896,720.00) compared to the previous year. Accordingly, as in previous years, limited preference shareholders are to receive an unchanged basic dividend of EUR 0.31 and a reduced bonus of EUR 3.00 (previous year: EUR 4.69), i.e. a total of EUR 3.31 (previous year: EUR 5.00) per preference share. The limited ordinary shareholders are to receive an unchanged basic dividend of EUR 0.25 and a reduced bonus of EUR 3.00 (previous year: EUR 4.69), i.e. a total of EUR 3.25 (previous year: EUR 4.94) per ordinary share. This resolution is subject to the approval of the Annual General Meeting. The background to the proposed reduction in the dividend is the expected lower sales and earnings figures compared to the previous year, as already stated in the adjusted sales and earnings forecast for the 2024 financial year published on November 18, 2024.

In addition, it was decided at today's Executive Board meeting that, contrary to the announcement made on July 24, 2024, no further medium-term forecast beyond a period of one year will be issued until further notice. This is due to the generally volatile economic and political conditions, particularly for the construction industry, and the resulting uncertainties thereof.

The audited consolidated annual financial statement for the 2024 fiscal year of Sto SE & Co. KGaA with an outlook for the 2025 fiscal year will be published on April 30, 2025 and will be available for download at https://www.sto.de/s/investor-relations from this date.

 Contact person at Sto SE & Co. KGaA:

Désirée Konrad, Chief Financial Officer of STO Management SE,
Contact via phone: +49 7744 57-1241, e-mail: s.zeller@sto.com

Contact to the media:

Claudia Wieland, Redaktionsbüro tik GmbH,
Tel.: +49 911 98817071, E-Mail: info@tik-online.de