By focusing on creating stable and sustainable growth in the long run while strictly upholding corporate governance principles and maintaining holistic financial management within Pruksa Group to prevent risks concerning financial liquidity and volatility in terms of interest rates and currency exchange rates, the Company therefore developed an investment plan to expand its business in the most careful manner by taking into account various capital sources and determining capital structure that is capable of maintaining major financial ratios at appropriate level and comparable to other businesses within the same industry. The Company also considered the significance of risk management by acquiring loans from various financial institutions and managing risks resulting from fluctuating interest rates that are suited with its business structure by mainly focusing on distributing risks and competitive financial costs such as by issuing bonds to institutional and retail investors and issuing short-term promissory notes and bill of exchange to ensure there is sufficient working capital both in short and long run. The Company also placed great importance of financial discipline and has therefore continuously maintained good relations with institutional investors in both capital and financial markets to build confidence and trusts in terms of corporate performance. After having continuously monitored changes in financing-related factors, the Company strongly believes that it can sufficiently meet its capital needs for future business expansion by relying on appropriate financial costs and the following financial policy:

In respect to dividend payment policy, the Company shall consider making annual dividend payment to shareholders twice a year at the rate by no less than 50 percent of net profit stated in its financial statement and after deducting funds. Nevertheless, such dividend payment may be subjected to changes depending on the determined investment plan, necessity and circumstances in the future as deemed appropriate by the Board of Directors.

Regarding dividend payment policy of subsidiaries, a subsidiary company shall make dividend payment to the Company from its net profit. However, other factors must also be considered such as performance and financial position of subsidiary company, business expansion and factors relating to the management process applied by subsidiary company.