ANA HOLDINGSINC.

<h3>3. Dividend Policy</h3>
The Company recognizes shareholder returns as an important management priority. Regarding profit distribution, we implement dividends while taking into account current period performance trends, securing funds for growth investments in aircraft and other assets to support future business development, and maintaining sound financial health. We also give consideration to free cash flow levels in making these decisions.
The Company's basic policy is to distribute surplus dividends once per year through year-end dividends. The shareholder general meeting is the decision-making body for determining surplus dividend distributions.
Based on these policies, regarding dividends for the current fiscal year, the Company plans to resolve at the ordinary general meeting of shareholders to be held on June 27, 2025, a dividend of 60 yen per share, with a total amount of 28,227 million yen.

We recognize shareholder returns as a key management priority. We distribute profits while taking into account free cash flow levels, based on the premise of monitoring business performance trends, securing funds for future growth investments, and maintaining financial soundness. Our basic policy is to pay dividends once per year through a year-end dividend, with the shareholders' meeting serving as the decision-making body.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2025/04/30)	-	60	60	23.1%
FY2025	Actual(2025/04/30)	-	60	60	18.4%
	Forecast(2024/04/26)	-	50	50	21.4%
FY2024	Actual(2024/04/26)	-	50	50	14.9%
	Forecast(2023/10/31)	-	30	30	-
FY2023	Actual(2023/04/27)	-	0	0	0.0%
	Forecast(2022/04/28)	-	0	0	0.0%
FY2022	Actual(2022/04/28)	-	0	0	0.0%
	Forecast(2021/04/30)	-	0	0	0.0%
FY2021	Actual(2021/04/30)	-	0	0	-
	Forecast(2020/10/27)	-	0	0	-
FY2020	Actual(2020/10/27)	-	0	0	-

ANA HOLDINGSINC. (9202) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)