Title :

Dividend policy

Content :

ONEIC Dividend Policy

 

Objective

The objectives of this Policy are to enhance transparency and provide clarity to shareholders regarding dividend practices, while establishing a consistent and predictable approach to dividend decisions. It aims to balance shareholder returns with the Company’s funding, operational, and growth requirements, ensure compliance with applicable regulatory and corporate governance standards, and support long-term value creation and financial sustainability.

 

Forms of Distribution

Subject to applicable approvals, dividends may be distributed in the following forms:

i)           Cash dividends

ii)         Bonus shares

iii)       Any other form as allowed by the laws and regulations

 

Dividend Determination Criteria

In determining dividend recommendations, the Board shall consider:

a)                 Profitability net of statutory reserves and retained earnings

b)                Cash flow generation

c)                 Capital expenditure plans

d)                Working capital requirements

e)                 Debt obligations and covenant compliance

f)                  Dividend distributions determination should have special attention towards key ratios

g)                 Business expansion and investment opportunities

h)                Long-term sustainability of earnings

i)                  Compliance with statutory reserve requirements

 

Disclosure and Transparency

The Company shall:

A.         Disclose dividend announcements through the MSX platform

2. Publish this Policy on its website
3. Include dividend information in annual reports
4. Disclose dividend per share, total dividend, and key considerations

 

Policy Review and Amendments

a)         This Policy shall be reviewed periodically by the Board.

b)    Amendments may be made in response to:
    i) Regulatory developments
   ii) Financial performance
   iii) Strategic priorities

c)   Material amendments shall be disclosed appropriately.