Gemalto's policy on additions to reserves and distributions of dividends is that the amount of dividends to be paid by Gemalto to its shareholders shall be determined by taking into consideration Gemalto’s capital requirements, return on capital, current and future rates of return and market practices, notably in its business sector, as regards the distribution of dividends.
In line with its dividend policy, at the Annual General Meeting of May 18, 2011, shareholders resolved to distribute a dividend in cash of EUR 0.28 per share for the 2010 financial year. The dividend becomes payable on May 25, 2011.
The dividend is paid as follows:
The dividend in cash is in principle subject to 15% Dutch dividend withholding tax, which will be deducted by Gemalto from the dividend paid to the shareholders. Some shareholders may be eligible to claim a refund of the tax withheld, if certain conditions are met. Shareholders are advised to consult their own tax advisor on their applicable situation with respect to any tax aspects relating to the dividend.
20 May 2011: Ex-dividend date.
24 May 2011: Dividend record date.
25 May 2011: Payment of dividend.
In May 2010, Gemalto paid a cash dividend of EUR 0.25 per share
for the 2009 financial year.