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The dividend distribution policy is determined by EDF’s Board of Directors.

It takes into account the Group’s investment needs, the economic context and any other factor considered to be relevant.

Dividend for 2015 fiscal year

2015 interim dividend
On 4 November 2015, the Board of Directors of EDF declared an interim dividend of €0.57 per share, representing a total amount of 1,060,204,826.76 euros and offered, under the conditions set by the fourth resolution at the Ordinary General Meeting of 19 May 2015, the option for shareholders to receive the interim dividend in new shares of the Company.

The share price for the new shares which will be issued as payment of the 2015 interim dividend is set by the Board of Directors at €15.07. This price is equal to 90 % of the average opening price on the Euronext Paris for the twenty trading days preceding 4 November 2015, the date that this interim dividend payout decision was made, reduced by the amount of the interim dividend, rounded up to the nearest cent. This price is the minimum price set by the fourth resolution at the Ordinary General Meeting of 19 May 2015. Shares issued in this way will carry immediate dividend rights. An application will be made to admit the new shares for trading on the Euronext Paris market.

The ex-dividend date for the 2015 interim dividend is set for 20 November 2015.
The period for exercising the option will begin on 20 November 2015, and will end on 8 December 2015, both dates inclusive. The option may be exercised on request with authorized financial brokers. 
Shareholders who do not exercise this option will receive the whole of the interim dividend due to them in cash. The date for the payment in cash is set for 18 December 2015. 
For shareholders who elect to receive the 2015 interim dividend in shares within the specified time period, the date for the delivery of shares is set for 18 December 2015. If the amount of the 2015 interim dividend for which the option of payment in shares is exercised does not correspond to a whole number of shares, the shareholder will receive the number of shares rounded down to the nearest whole number, plus a balancing cash adjustment.

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In 2011, the Annual General Meeting adopted the amendment to the articles of EDF with the implementation of a "loyalty bonus" of 10% for shareholders holding their shares in registered form (pure or administered) for at least 2 calendar years continuously.
  • Provision limited to 0.5% of the capital for a single shareholder, at the closing date of the previous financial year
  • The first "loyalty bonus" of 10% has been awarded in 2014 for the dividend distributed for the year 2013. The registration of shares in registered form (pure or administered) will have to be effective on 31 December 2015 at the latest to receive the loyalty bonus, which will be provided in respect of the financial year ended on 31 December 2017

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The dividend is attached to a share.
As this is a cash payment, there is no specific procedure to follow; the dividend is credited by your financial intermediary straight into the bank account associated with your share account.
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