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 endeavor to annually allocate 60-100% of Adjusted Net Profit*, determined under IFRS, guided by the principle of paying all funds to shareholders that are not being used for current operations or long-term growth of the Company, taking into account:
* Profit for the reporting period, which is determined based on Consolidated Financial Statements, adjusted for capitalized costs (development costs) and depreciation of capitalized expenses, impairment of goodwill and intangible assets, share-based payments, depreciation of intangible assets received as part of business acquisitions, fair value adjustments and other non-monetary transactions.
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.