Dividend Payout Policy

ACG has a policy to pay dividend at a rate of not less than 40% of net profit after corporate income tax and legal reserve, including other reserves (if any) based on its separated financial statements. However, the company may consider determining the dividend payment that changed from the above depending on the investment plan, liquidity, necessity and appropriate factors in the future of the ACG group. However, such dividend payment will not exceed the retained earnings that appear in the separate financial statements of the company and in accordance with relevant laws.

Because the company operates by holding shares in other businesses (Holding Company), the main asset is investment in the subsidiary. Therefore, the ability to pay dividends of the ACG group is therefore mainly dependent on the operating results and dividend payment of the subsidiary.