Terra Drone Corporation

<h3 class="smt_head2">3 [Dividend Policy]</h3><p class="smt_text2" style="orphans:0;widows:0;text-align:justify;padding-left:9pt;padding-right:0pt;margin-top:0pt;margin-bottom:0pt;text-indent:9pt;font-family:'ＭＳ 明朝';letter-spacing:0pt;line-height:15pt;"><span style="font-family:'ＭＳ 明朝';font-size:9pt;">The Company believes that building up internal reserves is important for strengthening its financial position toward long-term stability of its management foundation and for the continuous expansion and development of its business. Since its establishment, the Company has not paid dividends, including in the current fiscal year. However, the Company recognizes maximizing shareholder value as one of its important management objectives. Regarding future dividend distributions to shareholders, the Company will consider them by comprehensively taking into account business performance trends, financial condition, future business and investment plans, and other factors, while maintaining a balance with internal reserves. The Company intends to effectively utilize retained earnings as funds for strengthening its financial position toward long-term stability of its management foundation and for realizing the continuous expansion and development of its business.</span></p><p class="smt_text2" style="orphans:0;widows:0;text-align:justify;padding-left:9pt;padding-right:0pt;margin-top:0pt;margin-bottom:0pt;text-indent:9pt;font-family:'ＭＳ 明朝';letter-spacing:0pt;line-height:15pt;font-size:9pt;"><span style="font-family:'ＭＳ 明朝';font-size:9pt;">When the Company pays dividends, it will in principle be once per fiscal year as a year-end dividend. However, the Company's Articles of Incorporation provide that it may pay an interim dividend with a record date of July 31 each year. The year-end dividend is decided by the shareholders' meeting, and the interim dividend is decided by the Board of Directors.</span></p><p class="smt_text2" style="orphans:0;widows:0;text-align:justify;padding-left:9pt;padding-right:0pt;margin-top:0pt;margin-bottom:0pt;text-indent:9pt;font-family:'ＭＳ 明朝';letter-spacing:0pt;line-height:15pt;font-size:15pt;"> </p>

<p>We consider dividends by comprehensively taking into account business performance trends, financial condition, and future business and investment plans, while maintaining a balance with retained earnings. We principally pay dividends once per year as a year-end dividend, and use retained earnings to strengthen our financial position and fund the continuous expansion and development of our business.</p>

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2027	Forecast(2026/03/16)	0	0	0	-
FY2026	Actual(2026/03/16)	0	0	0	-
	Forecast(2025/03/14)	0	0	0	-
FY2025	Actual(2025/03/14)	0	0	0	-
FY2024	Actual(2025/03/14)	0	0	0	-

Terra Drone Corporation (278A) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)