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“XacBank” JSC has distributed MNT 15.5 billion in dividends to its shareholders from the net profit for the first half of 2023

Pursuant to the Board of Directors’ Resolution regarding the holding of an extraordinary general meeting of shareholders via ballot voting, the ballot voting took place from December 20, 2023 to February 02, 2024. The declaration and distribution of dividend from the net profit for the first half of 2023 was approved with 99.9% of the voting shares of XacBank in favor.

As a result of this decision, a total of MNT 15.5 billion, in the amount of MNT 14.75 per share, has been credited to the respective accounts of shareholders held at the "Mongolian Central Securities Depository".

Furthermore, the record date for registering shareholders entitled to receive such dividend was set on January 02, 2024 by the ballot voting. Shareholders are advised to contact their broker and dealer companies for inquiries regarding the distributed dividend.

XacBank extends its appreciation to all investors for their continued confidence and support.

Thank you.