Dividend announcement

The Annual General Meeting of the Company held on June 16, 2022, resolved to distribute from the retained earnings as of December 31, 2021, totaling € 199,549,363.17 (of which a partial amount of € 158,592,452.13 is attributable to the A division and a partial amount of € 40,956,911.04 is attributable to the S division) a dividend of € 0.75 on each of the 72,514,938 class A shares entitled to dividend for the financial year 2021 (i.e., a total of € 54,386,203.50) and a dividend of  € 2.10 on each of the 2,704,500 class S shares entitled to dividend for the financial year 2021 (i.e. a total of € 5,679,450.00) and to carry forward the remaining amount of € 104,206,248.63 attributable to the A division and the remaining amount of € 35,277,461.04 attributable to the S division to new account.

Information on the payment of dividends

The dividend attributable to the class A shares will be paid on 21 June 2022 via Clearstream Banking AG, Frankfurt am Main, by the custodian banks after deduction of 25% capital gains tax and 5.5% solidarity surcharge on the capital gains tax (26.375% in total) and, if applicable, church tax. The central paying agent is Commerzbank AG, Frankfurt am Main.

The dividend attributable to the class S shares will be paid by the Company from 21 June 2022 subject to a deduction of 25% capital gains tax and 5.5% solidarity surcharge on the capital gains tax (total deduction 26.375%).

The deduction of capital gains tax and the solidarity surcharge and, if applicable, church tax does not apply to those shareholders who have submitted to their custodian bank a "non-assessment certificate" from the tax office responsible for them. The same applies in whole or in part to shareholders who have submitted an "exemption order" to their custodian bank, provided that the exemption volume specified in this order has not already been used up by other income from capital assets.

In the case of foreign shareholders, the capital gains tax withheld, including the solidarity surcharge, may be reduced, taking into account the double taxation agreements between the Federal Republic of Germany and the country concerned and subject to compliance with the statutory application deadline. Applications for reimbursement of the reduction amounts must be submitted to the Federal Central Tax Office, 53225 Bonn.

Hamburg, June 2022

HAMBURGER HAFEN UND LOGISTIK AKTIENGESELLSCHAFT

The Executive Board