Investor Presentation 2022 slide image

Investor Presentation 2022

Dividends distribution policy → stc announced that based on the BoDs' recommendation to increase stc's capital by 150% via granting bonus shares. Therefore, stc's BoD recommended to the General Assembly to amend the dividends policy to reflect the new proposed increase in stc's capital. → The amended dividends policy should therefore be based on committing a minimum dividend in an amount of SAR 0.40 per share per quarter, effective from Q4-2021, for 3 years. → The company will consider and pay additional dividend, subject to stc BoD's approval after assessment and determination of the Company's financial situation, future outlook and capital expenditure requirements. → Additional dividends are likely to vary on quarterly basis depending on the company's performance. Stability of dividends distributions → Over the last six years, stc distributed a total of SAR 48 billion to investors through a stable dividend distribution in each quarter (SAR 1/share), in addition to SAR 6 billion distributed as special dividends, bringing the total to SAR 54 billion, indicating a healthy cash flow supported by a strong and stable financial performance. Stable Dividends Distribution 7 Years Incremental Dividends 222 22 31 27 4 5 222 22 18 4 12 6 8 4 18 4 4 12 8 4 4 2015 2016 2017 2018 2019 ■Incremental ■Dividends/ share Numbers are in SAR/ share 48 27 27 2020 2021 Investor Presentation 2022 | stc group stc
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