Dividend Policy and Payments

The company has a policy of paying dividends to shareholders at a rate of no less than 40% of net profits

After deducting corporate income tax and various reserves as stipulated by the company’s regulations and applicable laws. Since the company operates as a holding company, its ability to pay dividends depends primarily on the performance and dividend distribution of its subsidiaries, associated companies, joint ventures, and other investments.

When considering dividend payments, the company will take into account various factors to ensure the maximum benefit for shareholders, ensuring that such payments do not significantly impact the company's normal operations. Dividend payments may be adjusted based on factors such as operational performance, financial status, cash flow, liquidity, working capital, operational plans, business expansion plans, investment plans, market conditions, debt obligations, terms and conditions set forth in loan agreements, future necessities, appropriateness, and other relevant factors.

Dividend payments must be approved by the company's Board of Directors and subsequently presented for approval at the shareholders' meeting. However, in the case of interim dividends, the Board of Directors has the authority to approve the payment if it determines that the company has sufficient profits to do so without adversely affecting its operations. The shareholders will be informed of this at the next meeting.