Magnora launched capital distribution program. The company's board of directors has authorized a cash distribution of NOK 50,000,000 (total annual number) corresponding to NOK 0.748 per share. The policy is subject to further board resolutions.

The size of the cash distribution will be considered each time the board approves a quarterly report, starting with the second quarter in August 2023. The first tranche of 0.187 per share will be paid in August 2023, subject to board resolutions. Going forward, Magnora's ambition is to increase this quarterly distribution in line with the growth of the company.

If deemed appropriate by the Board of Directors, the quarterly review will also consider special distributions on top of the regular distribution. To the extent possible, the cash distribution will be repayment of paid-in capital in excess of the par value of the Magnora share and not classified as regular dividend.