ASBIS WILL PAY TWICE HIGHER INTERIM DIVIDEND THAN IN 2020

ASBISc Enterprises Plc, a leading Value-Added Distributor, developer and supplier of IT and IoT products, solutions and services in the growing markets of Europe, Middle East and Africa, informed that on 3 November 2021 the Board of Directors of the Company adopted a resolution to pay shareholders the interim dividend from the Company's profit for 2021 in the total amount of USD 11,100,000. The interim dividend will cover all shares of the company, ie 55,500,000 shares, which represents a USD 0.20 per share payout. This dividend will be twice as high as the interim dividend paid to ASBIS shareholders a year earlier.

The record date for the shareholders to receive dividend was set on 18 November 2021 and the payment date on 2 December 2021. 

Serhei Kostevitch, President of the Management Board of ASBISc Enterprises Plc., commented:“We are always happy to share our success with our investors, especially in a year like this, where the success has been enormous. All indications show that this will be a record year for ASBIS, both in terms of revenues and profits. Our margins remain at historically high levels, and we are able to capitalize on all market opportunities given to us. We are already in the most intense period for our industry, i.e. Q4, which is in line with our expectations. That is why we decided to pay out twice as much interim dividend this year than the year before. With the current level of sales and with profits continuing to increase, our final dividend for 2021 may be record high.”

For additional information, please contact:  

Iwona Mojsiuszko
8Sense Public Relations
Tel. +48 502 344 992
E-mail iwona.mojsiuszko@8sensepr.pl

^{About ASBISc Enterprises Plc} 

^{ASBIS Group is a leading Value Add Distributor, developer and provider of IT, IoT products, solutions and services to the markets of Europe, the Middle East and Africa (EMEA) with local operations in Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa.} 

<sup>The business of ASBIS is based on three pillars:
1. Distribution of hardware and software for Client Computing and Data Centers, consumer electronics thru:
    a.   Retail chains and e-tailers
    b.   Resellers to small and medium business
    c.   Large enterprises.
2. Full stack in creation of world class products. From scientific research and development to design and engineering, firmware and software, production and marketing of IT and IoT products and solutions via own brands:
    a.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
    b.     Canyon (smart watches, power banks, accessories for computers and mobile devices)
    c.      Perenio (IoT platform, IoT routers, applications and peripherals for smart office/ home, smart health).
3.     Complex solutions sales projects to large enterprises via extensive networks of System Integrators and Value Add Resellers.</sup> 

^{ASBIS was founded in 1990 in Belarus, since 1995 operates from Cyprus. Company has two master distribution centers located in the Czech Republic and in the United Arab Emirates, subsidiaries in 27 countries, more than 2,000 employees and about, 20 000 active customers in 56 countries worldwide. In 2020, the Group delivered sales of nearly USD 2.4 billion.} 

^{The Company’s stock has been listed on the Warsaw Stock Exchange since October 2007 under the ticker symbol “ASB” (ASBIS).} 

^{For more news and information visit: www.asbis.com}