TIE Kinetix: Fiscal 2022 Interim Dividend Distribution

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Breukelen, Netherlands – March 30, 2022 at 8:00 a.m. CET – TIE Kinetix, leader in 100% supply chain digitalization, announces the timing and terms of the distribution of its 2022 interim dividend.

At the Annual General Meeting, held on March 25, 2022, the Company’s shareholders approved the distribution of an interim dividend for the 2022 financial year taken from the Company’s own reserves, in the amount of 0. €50 per share. With this first dividend in the Company’s history, TIE Kinetix is ​​paving the way for the execution of its new dividend policy.

Shareholders will have the choice between a cash dividend or a stock dividend in the form of ordinary shares of the Company. The ex-dividend date is April 7, 2022. The dividend is due to all holders of ordinary shares after the close of trading the previous day. The record date is April 8, 2022, during which all shareholders of the Company will be identified.

The shareholder can indicate his choice in cash or in shares at his bank during the election period as indicated in the table below. Shareholders who do not elect either option before the end of the election period will receive a stock dividend. Cash dividends will be distributed after deduction of the 15% withholding tax.

The fractional share will be determined on the basis of the volume-weighted average price of the share on the trading days of April 19, April 20, April 21 and April 22, 2022. The fractional share for the distribution of the dividend in shares will be communicated by the Company on April 25, 2022. , after market close on the day in question. Only whole shares will be issued. For the remaining shares held by a shareholder for which no new whole shares can be issued (fractions), dividends will be paid in cash (net of dividend withholding taxes).

Cash dividends will be paid and the issuance of new shares will begin on April 29, 2022. Any new shares issued will have the same rights as existing shares and will therefore be eligible for future dividends. The shares will be issued without issue of a prospectus on the basis of the exemption of article 1, paragraph 4, under h of the EU Prospectus Directive.

Caution Regarding Forward-Looking Information
This document may contain expectations regarding the financial condition and results of operations of TIE Kinetix and certain related plans and objectives, and may be expressed in various ways, such as “expects”, “projects”, “plans”. , ‘intends’ or similar words. TIE Kinetix has based these forward-looking statements on its current expectations and projections regarding future events. Such expectations for the future are naturally associated with risks and uncertainties because they relate to future events and, as such, depend on certain circumstances that may not occur in the future. A variety of factors could cause actual results and developments to differ materially from any expressed or implied statements of future expectations. These factors may be, for example, changes in business spending in major markets, statutory changes and changes in financial markets, employee salary levels, future borrowing costs, future takeovers or divestments and the pace of technological development. TIE Kinetix therefore cannot guarantee that expectations will be realized. TIE Kinetix also disclaims any obligation to update the statements made herein.

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