BH Bank Announces Ordinary General Meeting and Dividend Distribution
The BH Bank informs all its shareholders that the ordinary general meeting, responsible for examining the 2024 financial statements, will take place on April 26, 2025.
During this meeting, the dividend distribution amount has been set at 0.800 TND per share, totaling 38.08 million TND. A priority envelope of 6 million TND will be reserved for individual shareholders. This amount will be withdrawn from the reported results from the extraordinary reserves constituted as of December 31, 2013, and will not be subject to withholding tax, in accordance with paragraph 7 of Article 19 of Law No. 2013-54 of December 30, 2013, relating to the 2014 finance law.
The dividend payment will take place starting from May 12, 2025, through the stock exchange intermediary or the depositary account holder, without withholding tax.
The ordinary general meeting also approved the amounts of attendance fees allocated to members of the Board of Directors and members of regulatory committees emanating from the latter, as follows:
- For the Chairman of the Board of Directors: a gross attendance fee of 4,000 dinars per session, with an annual cap of 24,000 dinars, regardless of the number of meetings held.
- For each member of the Board of Directors: a gross attendance fee of 2,000 dinars per session, up to a maximum annual gross amount of 12,000 dinars per person.
- For the Chairman of the Audit Committee and the Chairman of the Risk Committee: a net attendance fee of 2,000 dinars per session, with an annual net cap of 24,000 dinars for each.
- For each member of the Audit Committee, Risk Committee, or any other committee emanating from the Board: a net attendance fee of 1,500 dinars per session, up to a maximum annual net amount of 18,000 dinars per person.
