New Risk • Jul 17
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 105% Cash payout ratio: 310% Dividend yield: 4.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Cash payout ratio: 310% Market cap is less than US$10m (UK£4.20m market cap, or US$5.65m). Minor Risk Profit margins are more than 30% lower than last year (3.3% net profit margin). Board Change • May 21
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). Company Secretary & Non-Executive Director Sally Gausden was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Mar 21
Hydro Hotel, Eastbourne, PLC, Annual General Meeting, Apr 14, 2026 Hydro Hotel, Eastbourne, PLC, Annual General Meeting, Apr 14, 2026. Location: the hydro hotel, mount road, eastbourne, United Kingdom 
