The Ordinary General Shareholders’ Meeting held on 20 April 2023 has approved, as proposed by the Board of Directors, the allocation of earnings of the Company for the fiscal year ended 31 December 2022, coming to an amount of 864,861,323.71 euros. The allocation of earnings for the fiscal year 2022 proposed by the Board of Directors is as follows:
1. Offsetting of prior years’ losses: 152,361,323.71 euros.
2. The amount of 712,500,000 euros is earmarked for the payment of a gross dividend of 4.75 euros per share to each of the Company’s existing and outstanding shares entitled to receive said dividend.