Dividend Policy

The Company has the policy of dividend payout at the rate of not less than 40% of its net profit according to the separate financial statements.

The Company has the policy of dividend payout at the rate of not less than 40% of its annual net profit according to the separate financial statements after tax and legal reserves and other reserves (if any), unless there is accumulated loss shown on its separate financial statements. However, such dividend payment may be changed depending on operating results, financial position, liquidity, necessity to use working capital in business operations, investment and business expansion plan in the future, market conditions, appropriateness, cash reserve for loan repayment, including the conditions and limitations as stipulated in any loan agreements, and other factors relating to operations and management of the Company, provided that the Company must have sufficient cash flow for business operations and such operations are most beneficial to shareholders and in conformity with applicable laws, regulations, rules or announcements.

ทThe board of directors’ resolution for dividend payment approval must be proposed for an approval at the shareholders’ meeting, unless it is an interim dividend payment that the board of directors is authorized to approve when the Company’s profits of the Company are estimated to justify such payment, and such dividend payment shall be reported to the shareholders at the next meeting of shareholders.