Tecnotree Corporation Announces payment of dividend, record date of dividend and the date of payment of the dividend

Tecnotree Corporation Stock Exchange Release 16 September 2024 at 14:30 EEST

In pursuance to the authorisation granted to the Board of Directors of Tecnotree (the “Board”) by the Annual General Meeting dated 15 April 2024 (“AGM”), Tecnotree would like to announce that the company’s Board has passed the following resolutions on 16 September 2024 with respect to payment of dividends:

• The Board resolved to distribute a dividend of EUR 0.01 per share and the amount of dividend to be paid from the Company’s retained earnings account will be a maximum of EUR 170,000.

• The dividend record date will be 24 September 2024, and the dividend will be paid on 1 October 2024. The actual dividend payment date outside Finland will be determined by the practices of the intermediary banks transferring the dividend payments.

Further information
Indiresh Vivekananda. CFO. tel. +971 56 410 8357

Tecnotree is a 5G-ready digital Business Support System (BSS) player, with AI/ML capabilities and multi-cloud extensibility. Tecnotree is as No.1 on the TM Forum Open API Conformance table with 59 Open APIs, and this is a result of our pursuit towards delivering excellence and consistently providing differentiated experiences and services to the CSPs and DSPs. Our agile and open-source Digital BSS Stack comprises the full range (order-to-cash) of business processes and subscription management for telecom and other digital services industries creating opportunities beyond connectivity. Tecnotree also provides Fintech and B2B2X multi-experience digital marketplace to its subscriber base through the Tecnotree Moments platform to empower digitally connected communities across gaming, health, education, OTT, and other vertical ecosystems. Tecnotree is listed on Helsinki Nasdaq (TEM1V).

For more information, please visit www.tecnotree.com or social media channels – LinkedIn I Facebook I Twitter