Eurobank Announcement - Distribution of non-mandatory reserves

Δευτέρα, 30 Δεκεμβρίου 2024 13:21
Eurobank Announcement - Distribution of non-mandatory reserves

Eurobank S.A. (“Eurobank”), a subsidiary of Eurobank Ergasias Services and Holdings S.A. (“Eurobank Holdings”), announced that its Board of Directors approved on 19.12.2024 the distribution of non-mandatory reserves to its sole shareholder, Eurobank Holdings, in accordance with the provisions of paragraph 3 of article 162 of Law 4548/ 2018, for a total amount of €240,000,000.00 which comes from the “Dividend Reserve” account.

It is noted that this account is a non-mandatory reserve and is included in the “Special reserves” of the Bank's Annual and Consolidated Financial Statements for the financial year 2023, as approved by the Annual General Meeting of the Bank's shareholders on 23.07.2024.

The said distribution of reserves is part of the Banks’ overall contribution to the final shareholders’ remuneration of Eurobank Holdings.

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