BCP Share - Dividends Policy

One of the regular practices of Millennium bcp is to set out and clearly divulge its dividend policy to investors, and to provide shareholders with an adequate explanation of the Group's proposals of appropriation of profits within the scope of the Annual Report and Accounts.

1.      Payout ratio is the percentage of net profit distributed to shareholders in the form of dividend;

2.      Dividend yield is the annual return, as a percentage, expressed by dividing the amount of the gross dividend by the share price at the end of the year to which the dividend refers;

3.      Paid in the form of script dividend through the issue of new shares and their proportional distribution to shareholders holding shares representing the Bank?s equity capital;

4.      On the basis of the net profit before setting aside general banking risk provisions in the sum of 200 million euros;