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IR

IR Message

IR MESSAGE

Dear Esteemed SAMICK THK Shareholders

Strengthening Business Competitiveness

Our Motion Division invested in facilities with foresight to expand our production capacity and secure cost competitiveness even against business headwinds. We are laying the foundation for mid and long-term growth with better profitability by making strategic investments aiming to adopt smart manufacturing beyond automation.
For the Device Division, we have expanded the system tracking the data generated from the production processes of major global secondary battery companies and strengthened collaboration in enhanced development to achieve significant growth to capitalize on integrating robot hardware to ICT and data management capabilities.
We have advanced our business management system through an independently developed IMC (Integrated Monitoring & Controlling System) at the enterprise level so that accurate and fast decisions can be made. Furthermore, we are efficiently expanding our global business by quickly identifying key business management issues.

Business Management Embracing New Challenges

An era in which global business is a must has arrived due to unbalanced growth between countries, and our global business portfolio will support the stable growth of the company.
In 2023, we established local branches in Poland, the U.S., and China to solidify the foundation for expanding the business globally. We will kickstart our sales activities to our major customers and key secondary battery companies according to the global expansion of the secondary battery industry, forging ahead with global businesses optimized for relevant sites.

Strengthening Management Focused on Shareholders

We are deciding on dividend distributions by considering financial stability and shareholder returns in a balanced manner, while continuing to invest and boost our business competitiveness in a rapidly changing business environment.
The average dividend payout ratio for three years from 2020 to 2022 was 55%, and we paid out an average annual dividend of KRW 5.1 billion. In fiscal year 2023, we paid KRW 2 billion in dividends to enhance shareholder value even against business headwinds.

As a stable growth strategy through strengthening business competitiveness and entry into the global market, we will faithfully carry out the shareholder returns policy by paying out appropriate dividends. In addition, we will actively pursue IR activities to vitalize communication with investors and strengthen our shareholder-focused corporate management by holding periodic company presentations. We plan to host a company presentation for investors in the 3rd quarter of 2024, and from 2025, we will hold periodic presentations on our earnings semi-annually for each year for utmost transparency of key information provision to shareholders by disclosing IR materials on our company website.

With sincerity from all our members, may our wishes for prosperity, happiness and health come true for you and your family in 2024.
Thank you.

CEO and President, SAMICK THK
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