Neinor Homes accelerates FY26 shareholder distributions with a €92mn (€0.93/sh) supported by strong deliveries outlook

Madrid, 2 February 2026- Neinor Homes will distribute €92mn to its shareholders on February 12, equivalent to a yield of approximately 5%. This payment represents the first instalment of the €250mn dividend corresponding to FY26. The distribution amounts to a gross payment of €0.9327/sh, equivalent to a net payment of €0.9234/sh. The last trading day with entitlement to the distribution will be February 9, with payment to be made on February 12.

The payment will be executed through a capital reduction with a return of contributions to shareholders, following the same structure used in recent years. As a result, it will be subject to a 1% tax on the value of the returned contributions, which Neinor Homes will withhold, self-assess, and remit to the Bizkaia Regional Tax Authority.

Neinor Homes continues to advance its shareholder remuneration plan offering a very attractive double digit dividend yield

Since the presentation of its 2023–2027 Strategic Plan and including this distribution, Neinor Homes has already distributed more than €450mn to its shareholders, representing a cumulative DPS in excess of €5/share.

As communicated to the market, Neinor has increased its shareholder remuneration target under the 2023–2027 Strategic Plan to €850mn. Having already distributed approximately €450mn to shareholders over the last three years, the company has around €400mn pending to be distributed over FY26 and FY27, which represents an additional c.€4.12/sh and an aggregate yield of approximately 21% for shareholders.

Borja García-Egotxeaga, Neinor Homes’ CEO comments that: “This distribution reflects the strength of our business model and the high visibility we have on deliveries and cash generation. We are phasing shareholder returns alongside the execution of our business plan, while remaining fully committed to pursuing growth opportunities, as we have consistently demonstrated in recent years”.

Jordi Argemi, Neinor’s Deputy CEO and CFO says: “The payment announced today reflects our decision to bring forward part of the FY26 shareholder distribution, supported by strong visibility on cash generation. Importantly, this acceleration is fully consistent with our balance sheet discipline, which we expect to maintain throughout the execution of the business plan.”