Dividend Policy and Payments

Dividend Payment Policy of Mukdahan International Hospital Public Company Limited

The company has a policy to pay dividends to shareholders at a rate of not less than 40% of the net profit according to the company's special purpose financial statements, after deducting corporate income tax and various reserve funds as stipulated in laws and the company's regulations.

However, the Board of Directors may determine a dividend payment rate that differs from the rate specified above, as appropriate and necessary, by considering the company's performance, statement of financial position, cash flow, working capital, investment and business expansion plans, market conditions, debt burden, the terms and conditions and limitations stipulated in contracts, as well as other necessary and relevant factors related to the company’s operations and management as deemed appropriate by the Board of Directors. Such dividend payments should not have a material impact on the company’s normal operations and must provide the utmost benefit to the shareholders. Furthermore, dividends shall not be paid out of funds other than profits. In case of the company’s accumulated losses, dividends shall not be paid and shall be distributed equally on a per-share basis.

The annual dividend payment must be approved by the shareholders' meeting, except in the case of interim dividend which the Board of Directors is authorized to approve such payments from time to time as appropriate. The Board of Directors must report the interim dividend payments to the shareholders at the subsequent shareholders' meeting.