DIVIDEND

The Company’s dividend policy is aligned with the provisions of the Articles of Association of PT NFC Indonesia Tbk. According to this policy, cash dividends may be paid to all shareholders at least once a year, by taking into account the Company’s financial condition. The amount of dividend to be paid will be based on net income for the year, with due regard to the Company’s financial soundness and without diminishing the right of the General Meeting of Shareholders (GMS) to decide otherwise. In 2021, the decision of the Shareholders in the Company’s Annual GMS was to decline to distribute dividends. The Company is still focused on business expansion, which includes the development and development of all its resources, including the improvement of communication and information technology