Article 23 – Dividend Policy At the end of each fiscal year, if the Company has earnings, such earnings shall first be used to pay taxes and cover accumulated losses. Thereafter, 10% of the remaining earnings shall be allocated as legal reserve. Special reserve shall also be appropriated or reversed in accordance with applicable laws and regulations. Any remaining earnings, together with undistributed retained earnings from previous years, shall constitute the distributable earnings for the year. The Board of Directors shall propose a distribution plan, which shall be resolved by the shareholders' meeting for the distribution of shareholders' dividends. As the Company is currently in a growth stage, its dividend distribution policy shall take into consideration the Company’s present and future investment environment, capital requirements, domestic and international competitiveness, and capital budget, while balancing shareholders’ interests and the Company’s long-term financial planning, and ensuring adequate shareholder cash flow. The actual distribution ratio shall be determined based on the Company’s earnings, overall business development, and financial planning for the year. Dividends may be distributed in the form of cash or stock, subject to shareholders' meeting approval before execution. However, the total amount of shareholders’ dividends distributed shall not be less than 15% of the cumulative distributable earnings for the year, and the portion of cash dividends shall not be less than 10% of the total dividends distributed for the year.