IBERSOL Annual Report and Consolidated Accounts 2017

ANNUAL REPORT 2017 Allocation of Results In financial year 2017 Ibersol SGPS, S.A., posted a consolidated net profit of 31.239.505.00 euros and a net profit in individual accounts of 9.851.530.49 euros. As indicated in the individual management report, the Board of Directors proposes the following appropriation: Legal reserves 492,580.00 € Free reserves 6,358,950.49 € Dividends 3,000,000.00 € The allocation of dividends amounting to 3.000.000,00 €, should be done assigning each share a gross dividend of €0.10. Should the company hold own shares the same allocation of €0.10 will be kept for each share in circulation, thereby reducing total dividends. 125