Shareholder Relations

Dividend Distribution Policy

The Company’s dividend policy is formulated by the Board of Directors based on the Company’s operational performance, funding needs, capital expenditure budget, overall internal and external environment, while taking shareholders’ interests into consideration. Unless there are special circumstances, the principle of distribution is that dividends shall not exceed 90% of the annual after-tax earnings.

The Company’s earnings distribution or loss appropriation is conducted at the end of each half fiscal year. If there is a surplus at the end of a half fiscal year, the Company shall first pay taxes, set aside estimated employee compensation, cover losses in accordance with law, and allocate 10% as the statutory surplus reserve; however, if the accumulated statutory surplus reserve has reached the total capital of the Company, this allocation is not required. Special surplus reserves shall be appropriated as required by law or regulatory authorities. Any remaining surplus, together with undistributed earnings accumulated from the first half of the fiscal year, shall be proposed for distribution by the Board of Directors. If distributed in cash, it shall be approved by the Board; if distributed by issuing new shares, it shall be submitted to the shareholders’ meeting for approval prior to distribution.

If there is a surplus in the annual final accounts, the Company shall first retain taxes payable, cover losses in accordance with law, and allocate 10% as the statutory surplus reserve; this allocation is not required if the statutory surplus reserve has already reached the Company’s total capital. Special surplus reserves shall be appropriated or reversed as required by law or regulatory authorities. Any remaining surplus, together with accumulated undistributed earnings, shall be proposed by the Board of Directors for distribution. If distribution is made through the issuance of new shares, it shall be submitted to the shareholders’ meeting for approval before being distributed.

In accordance with Article 240, Paragraph 5 of the Company Act, the Board of Directors is authorized, with the presence of at least two-thirds of the Directors, to resolve by a majority vote of the Directors present, to distribute dividends or bonuses in cash from earnings or statutory surplus reserves and capital surplus pursuant to Article 240, Paragraph 1 of the Company Act, and shall report such distribution to the shareholders’ meeting.

From 2020 to 2024, MACHVISION achieved a five-year average ROE (Return on Equity) of 18.78%, with annual ROEs of 28.15%, 29.70%, 19.81%, 10.07%, and 6.15%, respectively, demonstrating stable and high-quality returns on shareholders’ equity.

Over the same five-year period, MACHVISION’s average EPS (Earnings Per Share) was NT$12.12, with annual EPS of NT$15.02, NT$18.51, NT$13.35, NT$8.21, and NT$5.52, reflecting consistent and high-quality operational performance.

In terms of cash dividends, MACHVISION distributed an average of NT$9.40 per share over the past five years, with annual cash dividends of NT$12, NT$12, NT$10, NT$7, and NT$6, respectively. Going forward, MACHVISION will continue to strive to maximize shareholders’ interests.

Dividend Distribution Information