Dividend Policy & Payment

        The Company intends to operate on the basis of good, transparent and accountable corporate management principles with primary consideration given to the interest of every interested person group. The Company is also aware of shareholders' rights as investors and the Company's owners. Therefore, to add value for shareholders in the long-term, the Company has specified dividend payment policy for the Company and its subsidiaries as follows:

1. The Company's Dividend Payout Policy

        The Company has the policy to pay dividends to shareholders at no less than 50 percent of net profit from the separate financial statement after deducting juristic person income tax and every type of appropriation specified by law and the Company's regulations. However, the aforementioned dividend payout may have changes depending on necessity and other suitability as considered by the Board of Directors. Annual dividend payouts require approval from the general shareholders' meeting except for interim dividend payouts. The Board of Directors may approve occasional interim dividend payouts if the Company is seen to have sufficient profit and the Board of Directors is to report the aforementioned interim dividend payouts to the next general shareholders' meeting.

2. Subsidiaries' Dividend Payout Policy.

        Subsidiaries' dividend payout consideration is under approval consideration by the Board of Directors and general shareholders' meeting of each subsidiary. The Company's subsidiaries have the policy to pay dividends to shareholders at the rate of no less than 50 percent of net profit from the separate financial statement after deducting juristic personincome tax and every type of appropriation specified by law and the Company's regulations. However, the aforementioned dividend payout may have changes depending on necessity and other suitability as considered by the Board of Directors and the general shareholders' meeting of each subsidiary. Annual dividend payouts require approval from the general shareholders' meeting of each subsidiary except for interim dividend payouts. The Board of Directors of each subsidiary may approve occasional interim dividend payouts if the Company is seen to have sufficient profit. And, in order for subsidiaries' dividend payouts to be in accordance with good corporate governance principles, transparency and accountability, the Board of Directors of each subsidiary is to report the aforementioned interim dividend payouts to the next Board of Directors/general shareholders' meeting.