Share Dividend Policy and Distribution of the share dividends over the years

Dividend Policy

 Company dividends shall be distributed in accordance with the Articles of Incorporation, taking into account the nature of or changes to the business climate, considering the impact of each product life cycle or service on future demand for funds and the tax system, and maintaining a stable dividend.

 Measure the capital requirements for the next year, and comprehensively consider factors such as profitability, financial structure and the degree of dilution of earnings per share, and propose an appropriate ratio of cash to stock dividends. The proposal is submitted to the shareholders meeting for approval.

 Shareholder dividends give priority to cash dividends. However, if the Company has major investment plans or needs to improve its financial structure, part of the dividends will be changed to stock dividends. In order to avoid excessive capital expansion and affect the dividend payment level in the future, the stock dividend is 0% ~ 60% of the total dividend for the year.

Dividend Distribution

 If the company's year-end final accounts have a surplus, in addition to the income tax in accordance with the law, the losses should be made up first, and 10% is the statutory surplus reserve. In addition, according to the provisions of the competent authority, the special reserve shall be transferred or renewed, and the surplus shall not be distributed in the same year. Each year, the board of directors proposes to distribute the proposal.

 If the company's surplus distribution is distributed in cash, according to paragraph 5 of Article 240 of the Company Act, the board of directors is authorized the distributable dividends after a resolution has been adopted by a majority vote at a meeting of the board of directors attended by two-thirds of the total number of directors, and report to the shareholders’ meeting; when it is to be distributed in the form of new shares, it shall be submitted to the shareholders’ meeting for resolution before the distribution.

 According to the provision of paragraph 1 of Article 241 of the Company Act, the legal reserve and the capital reserve, in whole or in part are distributed in cash; according to paragraph 5 of Article 240 of the Company Act, the distribution shall be made based on the resolution of a board of directors’ meeting attended by more than two-thirds of directors with a majority of voting rights of the attending directors, which shall also be reported to the shareholders ’ meeting; when the distribution is made by issuing new shares, it shall be submitted to the shareholders’ meeting for resolution before distribution.

Allotment and Dividend Distribution Over the Last Five Years

Issue
Year
Dividend
Year
Dividend Allotment
(NTD/Per Share)
Cash (NTD/Per Share) Stock (NTD/Per Share)
Ex-dividend date Surplus Reserve Total Ex-rights date Surplus Reserve Total
202320220.12023/07/06-0.10.1---0
202220210.82022/08/090.8-0.8---0
202120200.32021/08/110.10.20.3---0

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