In 2024, to ensure transparency of the mechanism for determining the amount of dividends and the procedure for their payment, “Cian” Board of Directors approved the
The decision to pay dividends is made by the General Meeting of Shareholders based on the recommendations of the of the Board of Directors.
The Board, in recommending the amount of dividends, will endeavour to annually allocate the maximum amount of Adjusted Free Cash Flow* determined under IFRS, subject to adjustment for:
* The indicator is determined according to the Consolidated Statements as: Cash generated from operating activities — Cash used in investing activities — Payments under lease agreements — Expenses related to securities placement — Expenses for the repurchase of the Company’s shares under the buy-back programme to provide a long-term incentive programme for the personnel.
The Company obtained public status in February 2025. There have been no decisions on the payment (declaration) of dividends for the last five completed reporting years.