Dividend information

2022 FINAL DIVIDEND 

Consistent with the Company’s stated commitment to shareholders, the Board proposes a final dividend of 2.5 US cents per share (US$29 million). This will bring the total dividend attributed to the full year 2022 to 5 US cents per share (US$58 million). The final dividend will be subject to shareholder approval at the 2022 Annual General Meeting on 23 May 2023, which will be hosted in London.

Centamin maintains a robust financial position, with cash and liquid assets of US$157 million as at 31 December 2022, excluding the US$150 million sustainability-linked revolving credit facility available as of 13 March 2023. The Company’s disciplined approach to capital allocation provides the flexibility to allocate capital to shareholder returns, business investment and growth, and environmental and social opportunities.

Subject to shareholder approval, the dividend will be paid on 23 June 2023, in US Dollars ("US$") with an option for shareholders to elect to receive the dividend in Pounds Sterling ("GBP").

2022 Final Dividend Timetable

In accordance with Listing Rule 9.7A.2, below is the dividend timetable.

2022 Final Dividend Information

Dividend Currency Elections

Currency elections should be made no later than 5 June 2023 as per the instructions detailed above. Payments in GBP will be based on the USD/GBP exchange rate on 6 June 2023. and the rate applied will be published on the website thereafter.

Notes

The dates set out above are based on the Directors' current expectations and may be subject to change. If any of the dates should change, the revised dates will be announced by press release and will be available at www.centamin.com.

As a Jersey incorporated company, there is no requirement for Centamin plc to make any withholding or deduction on account of Jersey tax in respect of the dividend.

The majority of our sales are transacted in British pounds ("GBP") and US dollars ("USD") is our main reporting currency and consequently the natural currency for dividend determination.  

On request, shareholders of Centamin plc can elect to receive dividends in GBP. Dividends determined in US dollars are translated at exchange rates prevailing one day prior to the declaration. If such an election is made, the dividend amounts received will be calculated by converting the declared dividend using the exchange rates applicable to GBP.

UK shareholders with UK bank or building society accounts

Shareholders who wish to elect to receive GBP dividends can mandate payments directly to their UK bank or building society through the Investor Centre website or by completing the Dividend GBP Election Form and posting it back to the Registrars, in accordance with the instructions set out within the form.

• INVESTOR CENTRE WEBSITE
• GBP ELECTION FORM

Please note. The Registrars retain the mandates previously provided by shareholders and if not updated, will apply the instructions to future dividend distributions.

Global shareholders with non-UK bank or building society accounts

Shareholders who wish to elect to receive GBP dividends can mandate payments directly to their designated account through the Investor Centre website or by completing the Global Payment Service Information form and returning to the Registrars in accordance with the instructions set out within the form.

• INVESTOR CENTRE WEBSITE  
• GLOBAL PAYMENT SERVICE INFORMATION  

Please note. The global payment service is a service provided by the Registrars for shareholders registered on the LSE and transfer charges may apply.

Centamin has established a sustainable dividend stream of returning surplus cash to shareholders.