Dividend Payment Policy

Dividend Payment Policy

The Company's dividend payment policy is pay in a rate of not less than 50 percent of net profit of separate financial statements after deduction of corporate income tax and all types of reserves as prescribed by laws. However, the dividend payment rate is subject to change depending on the economic conditions, cash flows, and the investment plans of the Company and its subsidiaries as necessary and appropriate.

The annual dividend payment requires to be approved at the shareholders' meeting with the exception of interim dividend payments which the Board of Directors is authorized to approve when the Company generates enough profits to do so, and the interim dividend payment shall be reported to the next shareholders' meeting.