-Translation-

August 9, 2022

Subject: Notification of Change in Dividend Payment Policy

To:

Managing Director

The Stock Exchange of Thailand

Inoue Rubber (Thailand) Public Company Limited (the "Company") would like to inform that the Board of Directors' Meeting No. 5/2022, held on 9 August 2022, has resolved to change the Company's dividend policy as follows:

Existing Policy

The Company has a policy to pay dividend to shareholders not more than 65 percent of consolidated net profitsafter deducting the corporate income tax and legal reserve. The yearly payout shall be considered by many factors which should not materially affect the Company's normal business operation in the future.

New Policy

The Company has a policy to pay dividend to shareholders not more than 65 percent of seperate net profitsafter deducting the corporate income tax and legal reserve. The yearly payout shall be considered by many factors which should not materially affect the Company's normal business operation in the future.

Please be informed accordingly and further disseminate to investors.

Faithfully yours,

(Mrs. Pimjai Leeissaranukul)

(Mr. Shigeki Yamada)

Chairman

President

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Inoue Rubber Thailand pcl published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 14:05:01 UTC.