Ohtone Country Club Limited

<h3 class="smt_head2">3 [Dividend Policy]</h3>The Company does not pursue profit as its sole objective. Rather, we manage the business with the goal of creating an environment where our shareholder-members can enjoy comfortable golf play and deepen their club experience through mutual fellowship among members.Based on this fundamental policy, we do not pay dividends. Instead, we focus on maintaining and improving our golf courses and return profits to members by offering reduced weekday play fees for guests accompanied or introduced by members. This approach has earned the broad understanding of our shareholder-members.We accumulate retained earnings to further strengthen our management foundation and prepare for future needs.

As a membership-based golf club, our policy is to prioritize creating a comfortable playing environment for our shareholder members rather than paying dividends. We return profits to members through focused course maintenance and management, as well as competitive guest play fees. We retain earnings internally to strengthen our financial foundation and prepare for future needs.

Ohtone Country Club Limited (E04613) Dividends

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