ADT 2010 Annual Report Download - page 117

expected to be paid out of registered share capital is scheduled to be paid in February 2011. After this
payment, we expect to make dividend payments in the form of a reduction in contributed surplus,
which are also expected to be made free of Swiss withholding taxes, but can be denominated and paid
in U.S. dollars, removing the exposure to currency fluctuations for recipients of the dividend. We
expect to obtain shareholder approval of the annual dividend amount out of contributed surplus each
year at our annual general meeting, and we expect to distribute the approved dividend amount in four
quarterly installments, the timing of which will be determined by our Board of Directors. The timing,
declaration and payment of future dividends to holders of our common shares will depend upon many
factors, including our financial condition and results of operations, the capital requirements of our
businesses, industry practice and any other relevant factors. Future dividends will be proposed by our
Board of Directors and, as stated above, require shareholder approval.
2010 Financials 29