The Board of Glanbia plc is recommending a final dividend of 21.21 ?cent per share which brings the total dividend for the year 2023 to 35.43 ?cent per share, a 10% increase on prior year. This total dividend represents a payout ratio of 29.2% of 2023 adjusted EPS, which is within the Company's target payout ratio of 25% to 35%. The final dividend will be paid on 3 May 2024 to shareholders on the share register on 22 March 2024.

Irish withholding tax will be deducted at the standard rate where appropriate. The Company's primary dividend payment currency remains euro.