Green Earth Institute Co., Ltd.

<h3 class="smt_head2">3 [Dividend Policy]</h3><p class="smt_text2" style="orphans:0;widows:0;line-height:12pt;">The Company recognizes returning profits to shareholders as an important management priority. However, at this time, we are prioritizing investment in business growth to establish first-mover advantage in the bio-manufacturing industry, an emerging market. We believe this approach will ultimately lead to greater profit returns to shareholders.</p><p class="smt_text6" 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:12pt;font-size:9pt;">Going forward, we will consider implementing dividends while taking into account business performance and financial condition. However, as of the submission date, the possibility of dividend implementation and its timing remain undetermined. Retained earnings will be allocated to business growth investments, including capital expenditures for research and development and working capital.</p><p class="smt_text6" 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:12pt;font-size:9pt;">When the Company implements dividends, our basic policy is to distribute surplus once per fiscal year as a year-end dividend. Additionally, our articles of incorporation contain provisions allowing the Board of Directors to decide on interim dividends from surplus.</p><p class="smt_text6" style="orphans:0;widows:0;line-height:12pt;font-size:12pt;"> </p>

<p>At present, we prioritize investment in business growth and have not determined a dividend policy. However, we plan to consider implementing dividends in the future based on our business performance and financial condition. If we do pay dividends, our basic policy is to distribute them once per year as a year-end dividend. We intend to use retained earnings for capital expenditures related to research and development and for working capital.</p>

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2026	Forecast(2025/11/14)	0	0	0	-
FY2025	Actual(2025/11/14)	0	0	0	-
	Forecast(2024/11/14)	0	0	0	-
FY2024	Actual(2024/11/14)	0	0	0	-
	Forecast(2023/11/14)	0	0	0	-
FY2023	Actual(2023/11/14)	0	0	0	-
	Forecast(2022/11/14)	0	0	0	-
FY2022	Actual(2022/11/14)	0	0	0	-
	Forecast(2022/02/14)	0	0	-	-
FY2021	Actual(2022/02/14)	0	0	-	-

Green Earth Institute Co., Ltd.【JP:9212】Dividends

Dividend Policy

Dividend per Share

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Dividend History (Forecasts, Revisions, Actuals)