H1 2022 Financial Results slide image

H1 2022 Financial Results

ENSURING SUSTAINABLE SHAREHOLDER RETURNS Increased Free Cash Flow + Controlled net debt Leverage (net debt/ EBITDA) of max 2.0x Fund profitable growth Reinvest in the business ➤Tactical bolt-on M&A + Shareholder return policy Dividend of €1/share paid in 2021 Dividend of €2/share paid in 2022 Target mid-term payout ratio > 30% Opportunity-driven decision Incremental shareholder return ➤ Leverage of max 2.0x ➤ Via special dividend or share buyback 1. Leverage measured as of end of June with net debt excluding IFRS 16 measured as of end of June and 12-month rolling EBITDA excluding IFRS16 FNAC DARTY 10
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