Dividend Payment Policy

The company has a policy to pay dividends to shareholders at a rate of no less than 40% of the net profit according to the company’s separate financial statements, after deductions for all types of reserves as required by law and the company’s regulations each year. The dividend payment is subject to various factors to ensure the best interests of shareholders, such as economic conditions, operating performance, financial status, net cash flow, cash reserves for future investments, and working capital. The dividend payment must not significantly affect the company’s normal operations, as deemed appropriate by the Board of Directors. The dividend may be paid either in cash or in the form of the company’s common shares.

The company’s dividend policy is aimed at maximizing the benefit to shareholders and the company itself. The Board of Directors may consider declaring annual dividends, subject to approval by the Annual General Meeting of Shareholders. However, for interim dividends, the Board of Directors is authorized to approve such payments from time to time if it deems the company has sufficient profits to do so. The interim dividend payment must then be reported to the shareholders at the next meeting.