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For the operational year 2022, Marel paid EUR 1.56 cents or EUR 11.7 million to shareholders in the form of dividends (2021: EUR 5.12 cents per share or EUR 39.0 million). Marel’s dividend policy was first disclosed at Marel’s annual general meeting in March 2011. Over the past few years, the dividend payout ratio has been between 20-40%. In 2022 Marel purchased 4.6m treasury shares as part of a buyback program with the purpose to meet the company’s obligations under share incentive program with employees.