Dividend policy and Dividend ( Including specific and explicit dividend policy)

• Dividend policy

  According to Article 36-1 of the SCSB "Articles of Incorporation": if SCSB has profit for the year, an amount of not less than 0.1% of the profit for the year shall be distributed as compensation to the employees and an amount not more than 0.6% of the profit for the year shall be distributed as compensation to the directors. However, if SCSB still has accumulated deficits, such deficits shall be offset first.

  The profit for the year as referred to in the preceding paragraph shall refer to the profit before income tax for the year before deducting the compensation distributed to employees and the compensation distributed to directors.

  Compensation to employees may be distributed by stock or cash; its distribution method and the distribution ratio of compensation to directors shall be resolved by more than one half of consents of the attending directors at a meeting of board of directors attended by more than two-thirds of directors, and shall be reported to the general shareholders’ meeting.

  The recipients of the above said distribution of employees’ compensation may include the employees of affiliated companies that meet certain conditions.

  According to Article 37 of the SCSB “Articles of Incorporation” amended on August 11, 2023 approved by the Board of Directors: SCSB’s annual profits, donations, and offsets for accumulated losses those are paid with priority shall be allocated to a legal reserve in accordance with the law, unless the legal reserve has reached SCSB’s total paid-in capital.

  A special reserve will then be provided or reversed based on the balance, and special share dividends may be distributed. Any remaining surplus is then added to undistributed earnings carried from previous years, including reversals of special reserves in accordance with the law, and may be distributed as dividends. The distribution of common stock dividends shall not be less than 10% of the earnings available for distribution in the current year. The Board of Directors shall propose an earnings distribution proposal and submit it to the shareholders' meeting for recognition.

  Dividend or bonus distribution may be passed by a majority of the votes cast at a Board of Directors meeting at which more than two-thirds of directors are present. The distributable dividends or bonuses shall be distributed in cash in full or in part and shall be reported to the shareholders’ meeting.

  The dividend policy of SCSB shall take into consideration of the environment of banking industry and the growth stage, the purpose of continual expansion of operation scale and the increase in profitability, the interests of shareholders, the balance of dividends, the fund requirements of SCSB, and the long-term financial planning. In distributing dividends, as a principle, the amount of cash dividends distributed for each year may not be less than ten percent of total amount of dividends distributed for the year, in order to seek sustainability and steady development.

• The Dividend Distribution Proposed by Shareholders’Meeting
  The 2026 Annual General Meeting of Shareholders proposed cash dividend NT$1.8 per share and stock dividend NT$0.1 per share(Distribution of 10 shares per one thousand shares).
• Dividends History
  
  

  Dividend year	Cash dividends (NTD/share)	Stock dividends (NTD/share)
  1997	1.082846154	2.011
  1998	1.239	2.301
  1999	1.00	3.00
  2000	1.50	1.30
  2001	1.00	0.80
  2002	0.80	0.00
  2003	0.50	0.00
  2004	1.30	0.00
  2005	1.45	0.20
  2006	3.20	0.00
  2007	1.45	1.004092025
  2008	1.35	1.00139155
  2009	1.10	0.40266296
  2010	2.50	0.00
  2011	3.00	0.00
  2012	1.50	0.50
  2013	1.50	0.00
  2014	1.50	0.25
  2015	1.50	0.50
  2016	1.50	0.20
  2017	1.50	0.00
  2018	1.80	0.00
  2019	2.00	0.00
  2020	2.05	0.00
  2021	1.70	0.00
  2022	1.80	0.00
  2023	1.80	0.00
  2024	1.80	0.00
  2025	1.80	0.00
  2026	1.80	0.10

Regulations