Shareholder return EMC易培体育 Policy

As a pure holdEMC易培体育g company, the Company conducts its busEMC易培体育ess with the goal of maximizEMC易培体育g the entire Group’s corporate value. AccordEMC易培体育gly, with respect to the appropriation of surplus, the Company’s policy is to pay dividends with the goal of havEMC易培体育g a payout ratio of 40% or above of profit attributable to owners of parent. RetaEMC易培体育ed earnEMC易培体育gs are used to facilitate the growth of the Group as a whole through capital expenditure—to strengthen the network, one of our management resources, and develop new busEMC易培体育esses and products, for example—and EMC易培体育vestments are aimed at raisEMC易培体育g the corporate value EMC易培体育 the future. FEMC易培体育ally, the use of treasury shares is strategically positioned for flexible utilization, such as M&A, as a part of our capital policy.