Beter Bed Holding N.V.’s dividend policy focuses on maximising shareholder returns whilst maintaining a healthy capital position. Subject to stable financial conditions, the company’s objective is to pay out at least 50% of net profit to the shareholders. This payment will be made following the approval of the dividend proposal by the Annual General Meeting. The payment of dividend may never result in the company’s solvency falling below 30% on any publication date. Furthermore, the net interest-bearing debt/EBITDA ratio may not exceed two.
Subject to the approval of the Supervisory Board, the Management Board determines annually what portion of the profit is to be reserved. The decision to pay an interim dividend is also subject to the approval of the Supervisory Board.