Shareholder structure

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43.73% of the shares of Van de Velde NV are held by the public. The other shares are held by Van de Velde Holding NV, which represents the interests of the Laureys and Van de Velde families.

Dividend Policy

Van de Velde’s objective is to pay out a stable and gradually increasing annual dividend. In doing so, it takes the following
factors into consideration:

• Correct compensation for shareholders in comparison with other companies quoted on Euronext Brussels;
• Retention of a sufficient self-financing capacity to respond to interesting investment opportunities;
• Remuneration proportionate to cash flow expectations.

The dividend policy of Van de Velde consists in paying out at least 40% of the consolidated profit, Group share, excluding the result based on the equity method. Furthermore, Van de Velde does not retain escess cash in the organization.

Financial services

Financial services are provided by ING as main payment agent.