BAWAG Group AG: Publication of annual report 2020; dividend distribution of EUR 0.4551 per share resolved by EGM

Vienna (pta031/08.03.2021/23:50 UTC+1) BAWAG Group today published its Annual Report 2020 and is now available for download at https://www.bawaggroup.com/BAWAGGROUP/IR/EN/Financial-Results .

On March 3, 2021, the extraordinary general meeting of BAWAG Group resolved to distribute a dividend of EUR 0.4551 per share, which is classified as a repayment of capital under Austrian tax law. Ex-dividend trading on the Vienna Stock Exchange begins March 10, 2021, the record dividend date March 11, 2021, and the dividend payment date March 12, 2021.

With this EUR 40 million down payment, BAWAG Group distributes the maximum amount allowable pursuant to the most recent ECB recommendation from December 2020.

As previously announced, the Managing Board deducted dividends of EUR 460 million from CET1 capital at year end 2020. Based on BAWAG Group's dividend policy of 50% payout ratio of net profits, dividends of EUR 372 million for the financial years 2019 and 2020 have been earmarked for distribution. Additionally, the Managing Board plans to recommend to the ordinary annual general meeting a special dividend of EUR 88 million for 2020, so as to keep the absolute annual dividend payment of EUR 230 million consistent between 2019 and 2020.

After the EUR 40 million down payment, dividends of EUR 420 million remain for distribution.

The ordinary annual general meeting, which will resolve upon the remaining EUR 420 million dividend payment subject to shareholder and regulatory approvals, will take place during the H2 2021.

About BAWAG Group

BAWAG Group AG is a publicly listed holding company headquartered in Vienna, Austria, serving 2.3 million retail, small business, corporate and public sector customers across Austria, Germany, Switzerland, the Netherlands and other developed markets. The Group operates under various brands and across multiple channels offering comprehensive savings, payment, lending, leasing, investment, building society, factoring and insurance products and services. Delivering simple, transparent, and reliable financial products and services that address our customers' needs is our strategy across the Group.

BAWAG Group's Investor Relations website https://www.bawaggroup.com/ir contains further information, including financial and other information for investors.

Contact:

Financial Community:

Jutta Wimmer (Head of Investor Relations)
Tel: +43 (0) 5 99 05-22474
IR Hotline: +43 (0) 5 99 05-34444
E-mail: investor.relations@bawaggroup.com

Media:

Manfred Rapolter (Head of Corporate Communications, Spokesman)
Tel: +43 (0) 5 99 05-31210
E-mail: communications@bawaggroup.com

This text can also be downloaded from our website: https://www.bawaggroup.com

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Emitter:	BAWAG Group AG Wiedner Gürtel 11 1100 Wien Austria
Contact Person:	BAWAG Group Investor Relations
Phone:	+43 (0)59905-34444
E-Mail:	investor.relations@bawaggroup.com
Website:	www.bawaggroup.com
ISIN(s):	AT0000BAWAG2 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)