Vattenfall’s Board of Directors changes dividend proposal

Vattenfall’s Board of Directors has today, Tuesday, at an extraordinary meeting decided to withdraw its dividend proposal of SEK 7.2 billion to the owner and instead proposes that the Annual General Meeting decides on a dividend of SEK 3.6 billion.

Given current uncertainties around the economic effects of the Covid-19 pandemic and the continuing weak market for electricity in the Nordics, the Board has decided to reduce the proposal to SEK 3.6 billion as a precautionary measure.

For further information, please contact:

Johan Sahlqvist, Head of Investor Relations, telefon 08-739 72 51, mobil 072-226 40 51
Markus Friberg, Vice President Media Relations, mobil 070-261 30 84

Vattenfalls pressavdelning, telefon +46 8 739 50 10, press@vattenfall.com