EDENRED (EPA:EDEN) - Edenred: 2020 dividend - timeline and process

Transparency directive : regulatory news

25/03/2021 18:01

Press release
March 25, 2021

2020 dividend recommended to the General Meeting on May 11, 2021 -
Timeline and process

Edenred's Board of Directors decided on March 1, 2021 to recommend to the
General Meeting of May 11, 2021 setting the 2020 dividend at EUR0.75 per share.
Subject to this recommendation being approved at the General Meeting, Edenred
shareholders will receive 100% of the dividend in cash or 100% in new Edenred
common shares, at the shareholder's option. The new shares will be issued at a
price corresponding to 90% of the average of the opening prices quoted on
Euronext Paris over the twenty trading days preceding the date of the General
Meeting (i.e. between April 13 and May 10, 2021) less the net dividend, rounded
up to the nearest euro cent.

Dividend payment timeline

* Ex-dividend date: May 14, 2021.

* Record date: May 17, 2021.

* Period for exercising the dividend reinvestment option: from May 18, 2021 to
  the close of business on June 2, 2021. Shareholders should contact their
  financial intermediary in order to know the last exercising day of the
  corresponding financial institution. Shareholders who have not exercised
  their option before this last exercising day will receive their dividend
  entirely in cash.

* Payment date: June 9, 2021 for both payment methods.

If the amount of the dividends for which the option is exercised does not
correspond to a whole number of shares, the shareholder will receive the lower
whole number of shares and the balance in cash from Edenred.

Certain legal restrictions may apply to the reinvestment option for
non-resident shareholders. Non-residents of France should enquire about the
laws and rules applicable in their country of residence.

For additional information, click here to obtain a copy of the detailed guide
posted on the Company's website, edenred.com (Investors/Shareholders section).

Disclaimer

This option does not constitute an offer or a solicitation to subscribe to or
purchase securities in the United States within the meaning of the U.S.
Securities Act of 1933, or in any other country where such transaction would be
contrary to the applicable laws and regulations. The dividend reinvestment
option is not available in certain countries, such as those where such an
option would require registration with, or authorization from, the local
securities regulator. Shareholders residing outside France should inquire about
and comply with any local restrictions.
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Edenred is a leading digital platform for services and payments and the
everyday companion for people at work, connecting over 50 million users and
2 million partner merchants in 46 countries via more than 850,000 corporate
clients.

Edenred offers specific-purpose payment solutions for food (such as meal
benefits), mobility (such as multi-energy, maintenance, toll, parking and
commuter solutions), incentives (such as gift cards, employee engagement
platforms) and corporate payments (such as virtual cards). These solutions
enhance user's well-being and purchasing power, improve companies'
attractiveness and efficiency, and vitalize the employment market and the local
economy. They also foster access to healthier food, more environmentally
friendly products and softer mobility.

Edenred's 10,000 employees are committed to making the world of work a
connected ecosystem that is safer, more efficient and more user-friendly every
day.

In 2020, thanks to its global technology assets, the Group managed close to
EUR30 billion in business volume, primarily carried out via mobile
applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the
following indices: CAC Next 20, FTSE4Good and MSCI Europe.

The logos and other trademarks mentioned and featured in this press release are
registered trademarks of Edenred S.A., its subsidiaries or third parties. They
may not be used for commercial purposes without prior written consent from
their owners.
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CONTACTS

Communications Department

Emmanuelle Châtelain
+33 (0)1 86 67 24 36
emmanuelle.chatelain@edenred.com

Media Relations

Matthieu Santalucia
+33 (0)1 86 67 22 63
matthieu.santalucia@edenred.com

Investor Relations

Cédric Appert
+33 (0)1 86 67 24 99
cedric.appert@edenred.com

Loïc Da Silva
+33 (0)1 86 67 20 67
loic.dasilva@edenred.com

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