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LANXESS Annual Stockholders' Meeting

I. Agenda Item 2

2. Adoption of a resolution regarding the appropriation of the balance sheet profits

The Board of Management and the Supervisory Board propose that the net retained profits of EUR 130,210,957.93 for the fiscal year 2020 shall be used as follows:

- Distribution of a dividend of EUR 1.00 per
  dividend-bearing no-par value share 

 EUR 86,346,303.00
 - Profit carried forward  EUR 43,864,654.93
 Total net retained profits  EUR 130,210,957.93
 

The stated amounts available for dividends and profit carried forward were based on the dividend-bearing no-par value shares (86,346,303) existing when the Board of Management and the Supervisory Board proposed the resolution. The company holds 1,101,549 treasury shares that are not entitled to a dividend.

If the number of dividend-bearing no-par value shares changes before the date of the Annual Stockholders’ Meeting, the following resolution, adapted to this change, will be proposed to the Annual Stockholders’ Meeting: The dividend per dividendbearing no-par value share of EUR 1.00 remains unchanged. Insofar as the number of dividend-bearing no-par value shares and therefore the sum of dividends increases, the amount of profit carried forward shall decrease accordingly. Insofar as the number of dividend-bearing shares and therefore the sum of dividends decreases, the amount of profit carried forward shall increase accordingly.

The dividend will be paid out on Monday, May 24, 2021.

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