* Includes both cash and dividend in-kind. NOK equivalent cash dividend using USD/NOK exchange rate on the day before Ex-date. Dividend in-kind value per share based on actual shares distributed, and BW Energy's closing share price with corresponding USD/NOK currency cross on the distribution date.
Source: Euronext and Norges Bank
Dividend distribution is limited to the higher of (i) 50% of net profit as per latest annual financial statement, and (ii) USD 0.25 for each outstanding share