Dividend Policy and Payments

Dividend Payment

X-Date	Payment Date	Dividend Type	Dividend (Per Share)	Unit	Operation Period
-	-	No Dividend	-	-	01/01/2023 - 31/12/2023
-	-	No Dividend	-	-	01/01/2022 - 31/12/2022
-	-	No Dividend	-	-	01/01/2021 - 31/12/2021
09/05/2019	28/05/2019	Cash	0.015	Baht	01/01/2018 - 31/12/2018
08/05/2018	25/05/2018	Cash	0.0313	Baht	01/01/2017 - 31/12/2017
28/04/2017	19/05/2017	Cash	0.07	Baht	01/01/2016 - 31/12/2016
28/04/2016	24/05/2016	Cash	0.055	Baht	01/01/2015 - 31/12/2015
03/12/2009	03/30/2009	Stock	01:00.1	Share	n/a
03/12/2009	03/30/2009	Cash	0.0093	Baht	n/a

Dividend Policy

Company’s Policy

In the case the Company achieves a net profit and there is no existing accumulated loss carried forward, the Company shall pay out dividends, in the form of cash, of no more than 50% of total net profit after tax, net of allocation for any required legal reserves.

Subsidiaries’ Policy

Board of directors of each respective subsidiary is authorized to provide resolutions for dividend payment. The dividend payment shall be paid out of total net profit after tax only. For interim dividend payment, the board of directors of each respective subsidiary may consider to affect such payment as long as it is deemed that such subsidiary has enough net profit after tax to do so.

Statutory Reserve for the Company

According to clause 116 of Public Company Limited Act (B.E. 2535), the Company is required to allocate at least 5 percent of its total net profit after tax (net of accumulated loss carried forward, if any) as statutory reserve. The Company is required to allocate for statutory reserve until such reserve has reached an amount equivalent to 10 percent of the Company’s registered capital. This statutory reserve cannot be used for dividend payment purpose.

Statutory Reserve for the Subsidiaries

Upon each dividend payment, subsidiaries are required to allocate at least one twentieth of their respective net profit after tax for statutory reserve. The subsidiaries are required to allocate for their respective statutory reserves until such reserves have reached one tenth of the subsidiaries’ respective capital.