Epiroc’s Board proposes to the Annual General Meeting to decide only on the first installment of the dividend

Stockholm, Sweden: The Board of Directors of Epiroc AB proposes to Epiroc’s Annual General Meeting that will take place on May 12, 2020, to decide on the first installment of the dividend and postpone the decision on the planned second installment.

Epiroc has a strong financial position and the Board’s assessment of the dividend capacity has not changed. Therefore, the Board proposes to pay the first installment of the dividend of SEK 1.20 per share. However, due to the Covid-19 pandemic and the increased economic uncertainty, the Board proposes that the decision on the planned second installment of the dividend will be postponed. If the situation allows, the Board of Directors plans to call for an extraordinary general meeting later this year to decide on the second dividend installment for the 2019 fiscal year.

For more information please contact:
Mattias Olsson, Senior Vice President Corporate Communications
+46 72 729 8295

ir@epiroc.com
Ola Kinnander, Media Relations Manager
+46 70 347 2455
media@epiroc.com

This information is information that Epiroc AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 7.44 pm CEST on April 22, 2020.

Epiroc is a leading global productivity partner for the mining and infrastructure industries. With ground-breaking technology, Epiroc develops and produces innovative, safe and sustainable drill rigs, rock excavation and construction equipment and tools. The company also provides world-class service and solutions for automation and interoperability.  Epiroc is based in Stockholm, Sweden, had revenues of SEK 41 billion in 2019, and has more than 14 000 passionate employees supporting and collaborating with customers in more than 150 countries. Learn more at www.epirocgroup.com.

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