Novem Group S.A.: Suspension of dividend

EQS-Ad-hoc: Novem Group S.A. / Key word(s): Dividend
Novem Group S.A.: Suspension of dividend

17-Jun-2024 / 17:20 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Novem Group S.A.: Suspension of dividend

Luxembourg, 17 June 2024 - The Management Board of Novem Group S.A., in
agreement with the Supervisory Board of the Company, will propose to the
Annual General Meeting on 22 August 2024 not to distribute a dividend for
the financial year 2023/24.

The proposal is based on the prevailing economic uncertainties and
lacklustre market development. The dividend suspension will help face the
persistently volatile and challenging trading environment as current
visibility is limited.

          Contact Investor Relations    Press Contact
   Mareike Völker                       Isabel Henninger
   Head of Investor Relations           Phone: +49 69 506 037 583
   Phone: +49 9205 18 1399              E-Mail:
                                        (1)isabel.henninger@kekstcnc.com
                                        1.
                                        mailto:Isabel.henninger@kekstcnc.c
                                        om
   E-Mail:
   (1)investor.relations@novem.com
   1.
   mailto:investor.relations@novem.c
   om

End of Inside Information

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   Language:       English
   Company:        Novem Group S.A.
                   19, rue Edmond Reuter
                   L-5326 Contern
                   Luxemburg
   ISIN:           LU2356314745
   WKN:            A3CSWZ
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock
                   Exchange
   EQS News ID:    1926895

End of Announcement EQS News Service
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1926895 17-Jun-2024 CET/CEST