The Royal Mail Board has adopted a sustainable progressive ordinary dividend policy and expects to propose a full year dividend for 2021-22 of 20 pence per share. The Board has reviewed the performance of the Group and will pay an interim dividend of a third of this amount (6.7 pence per share). The Board has also agreed a special dividend of £200 million which will be paid alongside the interim dividend. Dividends will be paid on 12 January 2022 to shareholders on the register at the close of business on 3 December 2021. The ex-dividend date is 2 December 2021.