Dividend Payment Policy

Dividend Policy

The Company shall consider dividend payments based on its annual profitability and overall performance, subject to legal requirements. No dividends shall be paid in the event of accumulated losses.

The Company’s policy is to pay dividends to shareholders at a rate of not less than 55% of the net profit based on the Separate Financial Statements, after deduction of corporate income tax, legal reserves, and other reserves (if any). Such payments will take into account the Company’s financial position, cash flow, liquidity, investment plans, and other factors as deemed appropriate by the Board of Directors. Furthermore, the dividend payment must not significantly impact the Company’s normal operations.

Dividend payments are subject to the approval of the Board of Directors and must be presented for approval at the Shareholders' Meeting, except for interim dividends, which the Board of Directors has the authority to approve and subsequently report to the shareholders at the next meeting.

Dividend Policy of Subsidiaries

The Company’s subsidiaries have a policy to pay annual dividends to shareholders at a rate of not less than 55% of the net profit as stated in their separate financial statements, after deducting corporate income tax, legal reserves, and other reserves (if any).

In determining dividend payments, various factors shall be considered to ensure the maximum benefit to shareholders, including financial position, cash flow, liquidity, investment plans, and other factors as deemed appropriate by the Subsidiary’s Board of Directors. Furthermore, such dividend payments must not have a material impact on the subsidiary's normal business operations.

Dividend payments are subject to the resolution and approval of the Subsidiary’s Board of Directors and must be presented for further approval at the Shareholders' Meeting, with the exception of interim dividends, for which the Subsidiary’s Board of Directors has the authority to grant approval.

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