The Board of Directors decided to recommend to the General Shareholders’ Meeting of May 14, 2019 the payment of a total gross dividend of €3.75 per share.

The dividend for the fiscal year 2018, 4.2 % higher than the dividend for the fiscal year 2017, is in line with the Group’s dividend policy of maintaining a stable to increasing dividend whenever possible and, as far as possible, never reducing it.

Given the interim dividend of €1.44 gross per share, with 30% whithholding tax, paid on January 17, 2019, the balance of the dividend in respect of 2018, equals €2.31 gross per share, which will be paid on May 23, 2019, provided prior agreement by General Shareholders Meeting.