The share

The ordinary Annual General Meeting of KPS AG held on 21 May 2021 resolved to appropriate a partial amount of EUR 6,360,057.00 from the net profit in the previous business year 2019/2020 in the amount of EUR 16,172,002.80 for the payout of a dividend of EUR 0.17 per share. The remaining sum in the amount of EUR 9,811,945.80 was carried forward to new account.

The payout of the dividend will be made by Clearstream Banking AG, Frankfurt am Main from 27 May 2021 through the custodian banks with deduction of 25% capital gains tax and 5.5% solidarity surcharge on the capital gains tax (total of 26.375%), and as appropriate church tax. The payment office is Landesbank Baden-Württemberg, Stuttgart.

The deduction of capital gains tax and the solidarity surcharge is not applicable for domestic shareholders who have submitted a non-assessment certificate from their responsible tax office to their custodian bank. The same applies entirely or partially to domestic shareholders who have submitted an exemption application to their custodian bank, provided that the exemption volume has not been used up by other income on capital assets.

In the case of foreign shareholders, the withheld capital gains tax including the solidarity surcharge can be reduced in accordance with the terms of existing agreements to avoid double taxation between the Federal Republic of Germany and the relevant country.

On September 25, 2020, the Annual General Meeting of KPS AG resolved to use a partial amount of EUR 6,360,057.00 of the net profit for the past financial year 2018/2019 of EUR 30,804,004.88 to distribute a dividend of EUR 0.17 per share. The remaining amount of EUR 24,443,947.88 was carried forward.

The dividend will be paid out as of September 30, 2020 by Clearstream Banking AG, Frankfurt am Main via the custodian banks after deduction of 25% capital gains tax and 5.5% solidarity surcharge on the capital gains tax (total 26.375%) and, if applicable, church tax. The paying agent is Landesbank Baden-Württemberg, Stuttgart.

The deduction of capital gains tax and the solidarity surcharge does not apply to domestic shareholders who have submitted to their custodian bank a so-called non-assessment certificate from the tax office responsible for them. The same applies in full or in part to domestic shareholders who have submitted an exemption order to their custodian bank, provided that the exemption volume has not been used up by other income from capital assets.

In the case of foreign shareholders, the withheld capital gains tax, including the solidarity surcharge, may be reduced in accordance with existing agreements for the avoidance of double taxation between the Federal Republic of Germany and the country concerned.

On 29 March 2019, the Annual General Meeting of KPS AG resolved to use a partial amount of EUR 13,094,235.00 of the net profit for the past 2017/2018 financial year of EUR 30,327,767.46 to distribute a dividend of EUR 0.35 per share. The remaining amount of EUR 17,233,532.46 was carried forward.

The dividend will be paid out as of 03 April 2019 by Clearstream Banking AG, Frankfurt am Main via the custodian banks after deduction of 25% capital gains tax and 5.5% solidarity surcharge on the capital gains tax (total 26.375%) and, if applicable, church tax. The paying agent is Landesbank Baden-Württemberg, Stuttgart. The deduction of capital gains tax and the solidarity surcharge does not apply to domestic shareholders who have submitted to their custodian bank a so-called non-assessment certificate from the tax office responsible for them.

The same applies in whole or in part to domestic shareholders who have submitted an exemption order to their custodian bank, provided that the exemption volume has not been used up by other income from capital assets. In the case of foreign shareholders, the withheld capital gains tax including the solidarity surcharge may be reduced in accordance with existing agreements for the avoidance of double taxation between the Federal Republic of Germany and the state concerned.

On March 23, 2018, the Annual General Meeting of KPS AG resolved to use a partial amount of EUR 13,094,235.00 of the net profit for the past 2016/2017 financial year of EUR 30,388,902.54 to distribute a dividend of EUR 0.35 per share. The remaining amount of EUR 17,294,667.54 was carried forward.

The dividend will be paid out as of March 28, 2018 by Clearstream Banking AG, Frankfurt am Main. The paying agent is Landesbank Baden-Württemberg, Stuttgart.

The distribution will be made from the tax contribution account (section 27 KStG). The dividend is not subject to a tax refund or tax credit.

On April 7, 2017, the Annual General Meeting of KPS AG resolved to use a partial amount of EUR 12,301,982.55 of the net profit for the past 2015/16 financial year of EUR 27,925,605.64 to distribute a dividend of EUR 0.33 per share. The remaining amount of EUR 15,623,623.09 was carried forward.

The dividend will be paid out by Clearstream Banking AG, Frankfurt am Main, as of April 12, 2017. The paying agent is Dero Bank AG, Munich.

The distribution will be made from the tax deposit account (Section 27 KStG) without deduction of capital gains tax and solidarity surcharge. No tax credit is associated with the dividend.

On April 15, 2016, the Annual General Meeting of KPS AG resolved to use a partial amount of € 10,166,927.70 of the net retained profits of € 19,520,551.45 for the past financial year 2014/15 to pay a dividend of € 0.30 per share. The remaining amount of € 9,353,623.75 was carried forward. The dividend will be paid out as of April 18, 2016 by Clearstream Banking AG, Frankfurt am Main. The paying agent is Dero Bank AG, Munich (formerly: VEM Aktienbank AG, Munich). The distribution will be made from the tax deposit account (Section 27 KStG) without deduction of capital gains tax and solidarity surcharge. No tax credit is associated with the dividend. In the opinion of the German tax authorities, the distribution reduces the acquisition cost of the shares.