INDEX LIVING MALL, THAILAND’S NO.1 HOME FURNISHINGS AND DECORATIVE RETAIL CHAIN STORE

The Board of Directors may consider the annual dividend payment of the Company. This must be approved at the Shareholders' Meeting unless it is an interim dividend payment which the Board of Directors have the authority to approve a dividend payment from time to time when the Board of Directors believe that the Company has enough profits to do so. The board of directors will then give a report at the next Shareholders' Meeting.

The Company has a policy to pay dividends to shareholders at no less than 50% of the net profit according to the consolidated financial statements of the Company after the deduction of corporate income tax and after the deduction of all types of reserves required by the law and the Company each year. The Board of Directors will consider a dividend payout by considering various factors for the benefit of shareholders, such as economic conditions, operating results, and the Company’s financial position, cash flow, reserves for future investments, reserves for loan payments, or as working capital within the Company. The conditions and restrictions specified in the loan agreement and the payment of dividends does not significantly affect the normal business operations of the Company as the Board of Directors deems appropriate or suitable.

Dividend Policy and Payment