HBX Group is targeting a dividend pay-out ratio of 20% over the Group’s consolidated profit after taxation for FY 2026 to FY 2029. Since HBX Group expects to report a consolidated loss after taxation in FY25, due to various below the line charges related to one-off cash outflows related to the IPO, there is no automatic assumption of a dividend for FY25 to be paid in FY26.

The dividend policy will be reviewed annually, and alternative methods of capital return may be considered by the board of directors of the Group, as appropriate, with the aim to deliver an attractive return to its shareholders.