Dividend Policy and Payments

The Company establishes a dividend payment policy for the shareholders at the rate of not less than 40% of net profit of its financial statements after deduction of tax and legal reserve capital and other reserves.

However, the said dividend payment may be changed depending on performance, financial position, liquidity, necessity for operations, investment plan, and future business expansion, market situation, appropriateness and other factors relating to the Company’s operations and management. The approval must be given by the shareholders and the Board of Directors in every dividend payment