Dividend

Dividend policy

H &M's financial goal is to enable the company to continue enjoying good growth and to be prepared to exploit future business opportunities. It is essential that the company’s expansion is able to proceed as in the past with continued high degree of financial strength and continued freedom of action. Based on this policy, the board of directors has determined that the dividend should equal around half of the profit after taxes. In addition, the board may propose the distribution of any surplus liquidity.

Annual General Meeting 2017

H&M's Annual General Meeting 2017 was held at Erling Perssonsalen, Aula Medica, Karolinska Institutet, Solna, on Wednesday 10 May, at 3 p.m.

Dividend

The annual general meeting on 10 May 2017, decided according to the board’s proposal a dividend of SEK 9.75 per share to be paid for 2016 and that the dividend is to be paid in two instalments during the year – in May and in November.

12 May 2017 was decided as record date for the first dividend payment of SEK 4.90 per share. With this record day, Euroclear Sweden AB is expected to pay the dividend on 17 May 2017.

To be guaranteed dividend payment, the H&M shares must have been purchased no later than 10 May 2017. Ex-dividend day is 11 May 2017.

14 November 2017 was decided as record date for the second dividend payment of SEK 4.85 per share. With this record day, Euroclear Sweden AB is expected to pay the dividend on 17 November 2017.

To be guaranteed the second dividend payment, the H&M shares must have been purchased no later than 10 November 2017. Ex-dividend day is 13 November 2017.

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