Dividend

Dividend policy

The Board of Directors intends to pay dividends of at least 50% of the annual profit available for distribution.

Actual payments depend on factors including future revenue, profitability, financial conditions, regulatory capital requirements, and availability of distributable reserves.

As an alternative or supplement to cash dividends, the Board may initiate share buybacks, assessed under the same framework.

There can be no assurance that dividends will be proposed or declared, or a share buyback initiated, in any given year.