Pilbara Minerals Limited (PILBF)

[TradingCharts]

CAPITAL MANAGEMENT FRAMEWORK AND DIVIDEND POLICY RELEASED ON THE
BACK OF STRONG OPERATING PERFORMANCE AND CASH FLOW
KEY POINTS
• Favourable market conditions and strong operating margins support the
establishment of a Capital Management Framework, including an inaugural
dividend policy.
• Capital Management Framework designed to establish an appropriate structure
that prudently allocates available capital between investment into the existing
business, sustainability commitments, strategic growth opportunities, as well as the
provision of sustainable returns to shareholders.
• Target dividend payout ratio established at 20-30% of free cash flow1
.
• Inaugural dividend payment to be applied to 2023 Financial Year.

https://1pls.irmau.com/site/pdf/9de1deac-87ff-415c-b8d7-16345badaa6c/Capital-Management-Framework.pdf
.