The Company will declare dividends every year at the rate of approximately 60 percent of the net profit after tax according to the consolidated financial statement provided that the amount to be declared shall not exceed the retained earnings in the Company’s financial statements. In the event that the Company’s financial statements have retained loss, no dividend will be declared. For this purpose, the Company will take such action as prescribed by the Public Limited Companies Law and take into consideration whereby the Company will be able to pay dividends without causing significant effects on its business. The dividend payment policy of the Company’s subsidiaries likewise takes into consideration the economic outlook and business operating performance.

The Board of Directors’ Meeting no. 1/2025 held on 26 February 2025 had passed resolution to proposed to the 2025 Annual General Meeting of Shareholders which will be scheduled on 22 April 2025, to approve the dividend payment for 2024’s operating result of 0.80 Baht per share, calculated as a dividend payout ratio of 96 percent of net profit according to the consolidated financial statements. The interim dividend payment of 0.10 Baht per share on 10 September 2024, which the remaining dividend payment of 0.70 Baht per share

Dividend Details 2024
1. Net Profit (Million Baht) 426.87
2. Number of shares (Shares)
2.1 As of Interim Dividend Payment date 514,710,383
2.2 As of Dividend Payment date 512,790,783**
3. Dividend paid per share (Baht/Shares)* 0.80
3.1 Interim Dividend (Baht/Share) 0.10
3.2 Additional Dividend (Baht/Share) 0.70
4. Total Dividend Paid 410.42
4.1 Interim Dividend (million Baht) 51.47
4.2 Additional Dividend (million Baht) 358.95**
5. Dividend Payout Ratio (%) 96.15
Remark:
* Will propose for approval from the 2024 Annual General Meeting of Shareholder on 23rd April 2024.
** The dividend amount is calculated based on the number of shareholders as of the Board of Directors meeting on 26 February 2025. The list of shareholders entitled to receive the dividend will be determined on the Record Date 14 March 2025, after deducting the repurchased shares