MENU COVERING THE WORLD. UNCOVERING POSSIBILITIES NORBIT is a global provider of tailored technology to carefully selected niches OVERVIEW REPORTS & PRESENTATIONS THE SHARE CAPITAL ALLOCATION GENERAL MEETINGS Financing NORBIT had three main loan facilities per end of Q3 2021: A long-term revolving credit facility of NOK 200 million (3M NIBOR + 1.8% margin), a term loan of NOK 55 million for its real estate properties (3M NIBOR + 1.8% margin) and a short-term overdraft facility (1M NIBOR + 1.4% margin). As per 30 September 2021, NORBIT had undrawn committed credit facilities of NOK 201.5 million. Dividend policy Adopted by the Board of Directors on 16 May 2019. NORBIT ASA’s dividend policy is to pay out annual dividends between 30 and 50 per cent of the company’s ordinary net profit after tax. When deciding on the annual dividend, the company will take into account the company’s financial position, investment plans as well as the needed financial flexibility to provide for sustainable growth. In deciding whether to propose a dividend and in determining the dividend amount, the Board will take into account legal restrictions, as set out in the Norwegian Public Limited Companies Act, the Company’s capital requirements, including capital expenditure requirements, the Company’s financial condition, general business conditions and any restrictions that its contractual arrangements in place at the time of the dividend may place on its ability to pay dividends and the maintenance of appropriate financial flexibility. Except in certain specific and limited circumstances set out in the Norwegian Public Limited Companies Act, the amount of dividends paid may not exceed the amount recommended by the Board. Dividends paid The dividends paid in 2018 and 2016 was paid before NORBIT was listed at the Oslo Stock Exchange. 2020 In 2020, NORBIT paid dividends twice, due to the uncertainty created by the Covid-19 virus. In the second quarter, the company paid dividends of NOK 0.30 per share and in the fourth quarter, the company paid dividends of an additional NOK 0.30 per share, bringing the total dividends paid for the fiscal year 2019 to NOK 0.60 per share, an aggregate amount of NOK 34.0 million 2019 In 2019, the Company paid dividends in the aggregate amount of NOK 6.0 million during the first quarter, prior to the listing of the Company’s shares at the Oslo Stock Exchange on 20 June 2019. 2018 In 2018, the Company paid dividends in amounts of NOK 38.979 per share to its shareholders, in aggregate NOK 16.0 million, equivalent to approximately NOK 0.368 per share considering the share split resolved by the Company’s extraordinary General Meeting on 3 May 2019. 2017 No dividends were distributed to the shareholders of the Company in 2017. Victory awaits him who has everything in order — luck, people call it. Roald Amundsen, The South Pole, 1912. NORBIT ASA | Stiklestadveien 1 | 7041 Trondheim | Norway Privacy policy | Cookie policy