Oiles Corporation at the Board of Directors meeting held on May 10, 2024, to submit a proposal to the 73rd Ordinary General Meeting of Shareholders to be held on June 27, 2024, regarding the dividends of surplus (year-end dividend) with March 31, 2024 as the record date. Based on the Consolidated Financial Results for the Year Ended March, 2024 (Based on Japanese GAAP) announced, the Company has decided to increase the year-end dividend by JPY 5 from JPY 35 per share announced in the previous dividend forecast to JPY 40 per share.