FLOW.AS

1.1 Flow Traders Ltd. (the "Company") may or may not distribute dividends out of the Company's net profits realised during the financial year to shareholders. The Company's board may decide, in accordance with the Company's Bye-Laws and board rules, that the profits realised during a financial year will fully or partially be appropriated to increase and/or form reserves. A distribution of dividends is subject to applicable rules and regulations, the Company's Bye-Laws and the board rules. 1.2 If applicable, dividends will be declared and paid following the publication of our results. There can be no assurance that in any given year a dividend will be proposed or declared. 1.3 The payment of dividends, if any, and the amounts and timing thereof, will depend on a number of factors, including future profits, financial conditions, general economic and business conditions, and future prospects and such other factors as the Company's board may deem relevant, as well as other legal and regulatory requirements. Our intentions in relation to dividends are subject to numerous assumptions, risks and uncertainties, many of which may be beyond our control.