The Company has a Dividend Distribution Policy, which was approved by the Mandatory Annual Shareholders' Meeting on August 21, 2006, which includes the criteria for Profit Distribution, so that, based on these criteria, any investor can estimate the dividends to be received and their payment opportunity.

The company's Dividend Policy refers to a payment of no less than 20% of the distributable profits obtained by the company in the previous year, which will be paid to the company's shareholders via dividend, after the agreements adopted by the Annual Mandatory Meeting, with the prior agreement of the company's Board of Directors.

Notwithstanding the foregoing, the Board of Directors is empowered, after a partial balance sheet has been prepared and profits have been obtained in the period corresponding to said balance sheet, to authorize the payment of dividends on account, up to a maximum of 20% of the profits of the part of the fiscal year obtained in accordance with the aforementioned partial balance sheet.