TOYOTA FINANCE CORPORATION

<h3 class="smt_head2">3 [Dividend Policy]</h3>Our basic policy is to secure the internal reserves necessary to strengthen our financial position while distributing profits backed by business performance.We distribute surplus earnings twice annually as a general policy: an interim dividend and a year-end dividend. The interim dividend is approved by the Board of Directors, while the year-end dividend is approved by the shareholders' meeting.For the current fiscal year, we have prioritized strengthening our financial position and retained all surplus earnings internally, resulting in no dividend payment.Our articles of incorporation provide for the possibility of paying interim dividends.

Our basic dividend policy is to secure internal reserves necessary for strengthening our financial position while distributing profits backed by business performance. We aim to pay dividends twice a year—interim and year-end dividends. Any surplus earnings are prioritized for internal reserves to strengthen our financial position.

TOYOTA FINANCE CORPORATION (E05031) Dividends

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