[Public Notice+] BusinessOn Dividend Increased by 33%..."Implementing Shareholder Return Policy"

Based on the Best Ever Q3 Performance, Actively Implementing Shareholder Return Policy

[Asia Economy Reporter Minwoo Lee] BusinessOn has decided to pay a cash dividend of 200 KRW per common share. The company plans to actively implement its shareholder return policy by increasing the dividend amount by 33% compared to last year.

BusinessOn announced this dividend decision on the 13th. The total dividend amount is approximately 4.5 billion KRW, adjusted upward by about 33% from 3.4 billion KRW last year. The record date for dividends is set for the 31st of this month, and the dividend payment date is scheduled for April 25th next year.

Following the recent stock dividend driven by strong third-quarter performance this year, the company is increasing cash dividends, demonstrating an active shareholder return policy. BusinessOn recorded sales of 8.2 billion KRW and operating profit of 2.4 billion KRW in the third quarter of this year. These figures represent increases of 94% and 83%, respectively, compared to the same period last year, marking the highest third-quarter performance in the company's history.

A BusinessOn representative stated, "Despite domestic and international challenges including COVID-19 this year, sales and profits across all business divisions, led by SmartBill, electronic contracts, and big data, have grown explosively. We are announcing a substantial cash dividend to shareholders who have shown interest and supported our company, and we are implementing a strong and proactive shareholder return policy including regular share buybacks." The representative added, "We are also actively considering strategic mergers and acquisitions to support the company's future growth."