Q3 2020 Sales Performance

Dividend policy Expect to rebuild dividend cover over time We will distribute regular dividend payments determined primarily with reference to free cash flow generated after meeting investment requirements 2019 We paid 80p dividend per share 2020 Free cash flow cover The Board currently intends to maintain the dividend for 2020 at the current level of 80p per share, subject to any material change in the external environment or performance expectations Focus on rebuilding free cash flow cover over time Target 1.25x to 1.5x FCF cover before returning to dividend growth gsk 81

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