Dividend Information

Providing fair returns to our shareholders is a key management policy of the Sapporo Group. Our basic policy is to pay stable dividends to the extent permitted by our operating performance and financial condition.
As for the level of dividends going forward, the Company will take into account dividend payout ratio and DOE(*)while working to enhance its corporate value under the New Management Plan.
In the event that “profit attributable to owners of parent” fluctuates significantly due to temporary losses related to special factors or recording of profits, the dividend amount may be determined taking into account the impact of such fluctuations.

* DOE = Amount of dividends/Amount of capital (i.e., total equity attributable to owners of parent)

	Year-end Dividend
Date of record	December 31
Payment date	The following business day of the Annual General Meeting of Shareholders

In case the board of Directors meeting decides to pay out interim dividends, the company pays out in late August or early September each year to shareholders registered as of June 30.

Reference (Note 1)

(Note 1)
The Company implemented a five-for-one stock split of its common shares effective January 1, 2026. The per-share dividend amounts prior to the effective date have been adjusted accordingly and are presented as reference figures, with amounts rounded down to the second decimal place.
(Note 2)
The interim dividend will be paid to shareholders who are recorded or registered in the final shareholders' register as of June 30, 2026. The payment commencement date and the amount of the interim dividend are scheduled to be formally determined by the Board of Directors in connection with the interim financial results.