Dividend Policy and Payments

Dividend Policy

The company has a policy to distribute dividends to shareholders at a rate not less than 40.00 percent of net profits from the company's financial statements after deducting corporate income tax and allocations to legal reserves, as required by the company's laws and regulations.

However, the payment of such dividends may be subject to change, taking into consideration the company's operational results, investment plans as necessary, financial conditions, liquidity, business expansion plans, and other suitability, as well as the company's management in the future, as deemed appropriate by the company's board of directors. Annual dividend payments shall require approval at the shareholders' meeting, except for interim dividend payments, which the board of directors is authorized to approve on an ad-hoc basis, provided that the company has earned sufficient profits without adversely affecting its operations. The details of such interim dividend payments shall be disclosed to the shareholders at the next meeting.