The dividend policy of Navoiyazot JSC is based on balancing the interests of the Company and its shareholders, increasing the investment attractiveness of the Company and its capitalization, respecting and strictly observing the rights of shareholders provided for by the current legislation of the Republic of Uzbekistan, the Company's Charter and its internal documents.

            On May 10, 2016, the General Meeting of Shareholders of Navoiyazot JSC approved the Regulations on the Company's Dividend Policy, which sets out the following basic principles:

Basic principles of the dividend policy

·          compliance with Navoiyazot's practice of accrual and payment of dividends with the legislation of the Republic of Uzbekistan and the best standards of corporate conduct;

·          respect for shareholders' interests;

·          maintaining the required level of financial and technical condition of Navoiyazot, ensuring the development prospects of Navoiyazot;

·          the need to increase the investment attractiveness of Navoiyazot and its capitalization;

·          ensuring transparency (clarity) of the mechanism for determining the amount of dividend payments for shareholders and managers.

Regulations on the Dividend Policy of Navoiyazot JSC

Information on the decision on the distribution of net profit for 2021

The net profit of Navoiyazot JSC in 2021 amounted to 779 781 781,3 thousand soums.

491 262 522,2 thousand soums (63%) were allocated for the payment of dividends;

The remaining part of the net profit in the amount of 288,519,259.1 thousand soums is used to repay obligations on loans concluded to finance investment projects of Navoiyazot JSC.