Dividend Policy

D.T.C. Enterprise Public Company Limited and its subsidiaries, namely Software Engineering Company Limited, Thai Digital Map Company Limited, and D. Core System Integrator Company Limited (“the Companies”), are committed to conducting business based on good corporate governance principles with transparency and accountability, while considering the interests of all stakeholders. The Companies also recognize the rights of shareholders as investors and owners of the company. Therefore, to enhance shareholder value in the long term, the Companies have established the following dividend payment policy for the company and its subsidiaries:

1. Dividend Policy of the Company

The Company has a policy of paying dividends to shareholders at a rate of not less than 30% of the net profit from the separate financial statements after deducting corporate income tax and all types of reserves as required by law and the Company’s Articles of Association.

However, such dividend payments may be subject to change depending on economic conditions, the Company’s cash flow, and the investment plans of the Company and its subsidiaries, as necessary and appropriate, as deemed appropriate by the Board of Directors.

In this regard, the annual dividend payment must be approved by the shareholders’ meeting, except for interim dividend payments, which the Board of Directors may approve from time to time when it is seen that the Company has sufficient profits to do so, and report such interim dividend payments to the shareholders’ meeting for acknowledgment at the next meeting.

2. Dividend Policy of Subsidiaries

In considering the dividend payments of subsidiaries, it will be under the authority of the subsidiaries’ Board of Directors and/or the shareholders’ meeting of each subsidiary company, taking into account the operating results, liquidity, cash flow, and financial status, as well as the investment plans of each subsidiary company, including other factors as the subsidiaries’ Board of Directors and the shareholders’ meeting of each subsidiary company deem appropriate. This is to ensure that the dividend payments of the subsidiaries are in accordance with corporate governance principles, with transparency and accountability. When a subsidiary pays dividends, the Company’s representative, who is a director in each subsidiary company, will report to the Board of Directors meeting for acknowledgment at the next meeting.

This dividend payment policy of the Company is effective from May 11, 2023 onwards.