Prosegur Cash will pay a dividend of 60 million and includes Helena Revoredo's daughter on its board

Its vice president Pedro Guerrero resigns to "be able to take on other professional activities" and the stock market rises almost 4%

The board of directors of Prosegur Cash has agreed to propose to its ordinary general meeting of shareholders, scheduled for April 24, on first call, the distribution of a dividend charged to voluntary reserves at a rate of 0.0404 gross euros per share, which represents a maximum total dividend of almost 60 million euros, as reported this Tuesday by the company, which will also include Helena Revoredo's daughter, Bárbara Gut Revoredo, on its board.

Considering that the company's share capital as of this date is divided into a total of 1,484,913,487 shares with a nominal value of 0.02 euros each, the maximum total dividend is 59,990,504.87 euros.

The proposed agreement provides for this dividend to be paid in four payments, each of 25% of the maximum total dividend. Specifically, these payments will be distributed in May, July, October and December 2024.

The maximum total amount to be distributed on each date corresponds to 14,997,626.22 euros, the equivalent of 25% of the maximum total dividend, at a rate of 0.0101 gross euros per share in circulation on the payment date.

The company has highlighted that the withholdings required by the regulations applicable at all times will be made on the gross amounts paid and that in the event that the company's share capital or the number of shares into which it is divided is modified, "the gross amount per share on each payment date will be adjusted accordingly."

RESIGNATION OF PEDRO GUERRERO AS DIRECTOR AND VICE PRESIDENT

For its part, Prosegur Cash has also notified the CNMV of the resignation presented by Pedro Guerrero from his position as proprietary director of the company and, consequently, from his position as vice president of the board of directors and from his position as member of the committee. sustainability, corporate governance, appointments and remuneration.

In addition to personal reasons, Guerrero has argued as the reason for his resignation "being able to take on other professional activities."

At the next meeting there will also be a vote to set the number of members of the board of directors at ten, the appointment of Bárbara Gut Revoredo as proprietary director, and the appointment of Juan Cocci as external director.

Specifically, Bárbara Gut Revoredo, who joins the board of Prosegur Cash, is the daughter of businesswoman Helena Revoredo, the majority shareholder and president of Prosegur, who launched a partial takeover bid for Prosegur, through by Gubel.

From the agenda presented this Tuesday by the company, it is also clear that Prosegur Cash will submit to an advisory vote the annual report on the remuneration of directors for the 2023 financial year; the approval of the 2024-2025 long-term incentive plan ('ILP' 2024) for the executive president, the CEO and executives of the Prosegur Cash group, and the approval of the directors' remuneration policy.

Likewise, the annual accounts and the individual management report of the company and consolidated accounts of the company and its dependent companies, corresponding to the financial year 2023, will be voted on; the application of the result for fiscal year 2023; the non-financial information statement of the company and its subsidiaries corresponding to fiscal year 2023, and the management of the board of directors during fiscal year 2023.