ALTIUM DIVIDEND POLICY

Objectives

Principles

Altium will achieve this by considering the following factors when determining appropriate dividend payments:

• Altium’s growth prospects and development profile;
• Available cash flow and funding requirements;
• Capital management and needs; and
• Compliance with the Australian Corporations Act Guidance

Application

• The Board of Altium Limited will aim to pay ordinary dividends each year within the range of 50-80% of net profit.
• Altium intends to pay dividends twice a year – an interim and a year-end dividend.
• It is the intention of the Altium Board to attach imputation credits to the extent that they are available.
• The amount of any AUD dividend will be determined using the USD exchange rate at the end of the period to which the dividend relates.
• The Board of Directors maintains the discretion to determine whether or not a dividend is payable and the amount of any dividend payment.