Dividend payment policy of the Company

The Company will consider paying dividend according to provision of law, including the Public Limited Company Act, B.E. 2535, which requires a public limited company to pay dividend only from the net profit derived from standalone financial statement with no accumulated deficit

The Company’s dividend payment policy is to pay dividends in the amount of not less than 40 per cent of the Company’s consolidated net profit after deducting corporate income tax and other reserve funds as required by law in each year. However, the dividend payment of the Company may take into account the Company’s financial position, cash flow, liquidity, investment plan and other factors, as the Board of Directors deems appropriate. The dividend payment shall not materially affect the Company’s normal business operations and comply with law, regulation or relevant ruling. The Board of Directors shall propose to the shareholders’ meeting approval of dividend payments, except the payment of interim dividends. The Board of Directors may declare interim dividends and report to the shareholders at the next shareholders’ meeting

The payment of dividend shall not exceed retained earnings of the Company in the separate financial statements of the Company and shall be in accordance with applicable laws.