The Board of Directors of Poste Italiane S.p.A. (“Poste Italiane”), chaired by Maria Bianca Farina, has examined and approved today the Annual Financial Report for 2020, including Poste Italiane’s separate financial statement for the year 2020 and the Poste Italiane Group’s consolidated financial statement for the year 2020, which confirms the preliminary consolidated results for 2020 previously announced on 17 February 2021.

The Board of Directors also decided to propose the payment of €0.324 per share as balance dividend for the fiscal year 2020 – whose interim dividend, equal to €0.162 per share, was paid on 25 November 2020 – for a total dividend for the fiscal year 2020 equal to €0.486 per share, as a distribution of (i) Poste Italiane’s available net income (for a total amount of €272.9m), and (ii) available reserves named “Retained earnings”. The proposed ex-dividend date is 21 June 2021, the “record date” (i.e. the date when a shareholder is eligible to receive dividends) is 22 June 2021 and the payment date is 23 June 2021.

Poste Italiane’s separate financial statements for the year ended 31 December 2020 will be submitted for approval – together with the proposal for payment of the dividend – to the Annual General Meeting of shareholders scheduled for 28 May 2021. The notice of call will be published in due course.

The Annual Financial Report for 2020 will be made available to the public within the terms laid down by law (i.e., by 30 April 2021) on the following webpage:
https://www.posteitaliane.it/en/reports.html 

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The Poste Italiane Group’s consolidated balance sheet, statement of profit/(loss), and statement of cash flows are attached to this release. The corresponding statements for Poste Italiane SpA are also attached. The financial statements and the related notes have been delivered to the Board of Statutory Auditors and will be audited by Poste Italiane’s Independent Auditors.

Declaration by the Executive responsible for preparing the corporate accounting documents

The undersigned, Alessandro Del Gobbo, in his capacity as Executive responsible for preparing Poste Italiane’s corporate accounting documents (Dirigente Preposto)

DECLARES

that, pursuant to art. 154-BIS, par. 2, of the Consolidated Financial Bill of February 24, 1998, accounting information disclosed in this document corresponds to document results and accounting books and records.

Source: Poste Italiane