Vivant Corporation upholds a dividend policy firmly committed to providing consistent and reliable cash dividends to its shareholders. On June 15, 2022, the Board of Directors formally approved the dividend payout rate, explicitly setting it at 25% of the previous fiscal year’s audited consolidated net income. This precise payout rate underscores the company's transparency and commitment to clear shareholder expectations. The policy is designed with careful consideration of the company's overall financial responsibilities, striking a prudent balance between rewarding stakeholders and ensuring the company's long-term financial stability. Central to this approach are essential financial obligations including compliance with debt covenants, maintaining sufficient working capital to support daily operational requirements, diligently servicing existing debt, and allocating capital for strategic growth initiatives and critical investments.