Update in Sampo’s distribution policy

Core Viewpoint - Sampo plc is updating its distribution policy to include share buybacks alongside dividends, aiming to enhance shareholder returns while maintaining a strong balance sheet [1][4]. Group 1: Distribution Policy Update - Starting in 2026, Sampo will complement its progressive dividend with share buybacks, which will account for up to one-third of distributions from operating earnings in a typical year [1][4]. - The total volume of capital distributed to shareholders will remain unchanged despite the shift in the mix of capital returned [1][2]. Group 2: Financial Strength and Shareholder Returns - The Board of Directors believes it is appropriate to return around 90% of the Group's operating result to shareholders annually, while increasing the allocation towards share buybacks [2][5]. - Sampo aims to maintain a stable regular dividend per share even in adverse years, ensuring reliable income for shareholders [2][3]. Group 3: Cash Flow and Value Creation - As a leading Nordic and UK retail and SME P&C insurance group, Sampo generates resilient and steadily growing cash flow, which is crucial for shareholder value creation [3]. - The updated distribution policy is designed to provide reliable and growing income through a progressive regular dividend, while also allowing for reinvestment into the Group's long-term prospects via share buybacks [3][4].