ANNUAL GENERAL MEETING JERÓNIMO MARTINS, SGPS, S.A.
April 23rd, 2026
PROPOSAL OF THE BOARD OF DIRECTORS ITEM 2 OF THE AGENDA(To resolve on the proposal for application of results)
Share Capital €629,293,220 - Corporate Tax nº 500 100 144 - Commercial Registry of Lisbon
In the financial year 2025, Jerónimo Martins, SGPS, S.A. declared consolidated net earnings of 646,466,851.82 euros and net earnings at its individual accounts of 619,856,413.30 euros.
Under article thirty-first of the Company's articles of association, the Board of Directors proposes to the Company' Shareholders the following appropriation of the net earnings for the year:
Free Reserves 171,374,170.30 euros;
Endowment to Jerónimo Martins Foundation 40,000,000.00 euros;
Dividends 408,482,243.00 euros.
The proposed distribution of profits for the year represents a gross dividend payment of 0.65 euros per share, excluding own shares in the portfolio.
Lisbon, March 17th 2026. The Board of Directors