Daikin Industries, Ltd. (hereafter: the Company) hereby announces that it has resolved, at a meeting of the Board of Directors held on May 9, 2024, to pay dividends of surplus with a record date of March 31, 2024.

The matter will be submitted to the Ordinary General Meeting of Shareholders to be held on June 27, 2024.

Reason

The Company's basic policy regarding the determination of dividends from retained earnings is to maintain the ratio of dividends to net assets at 3.0% on a consolidated basis and to pay dividends on a stable and continuous basis.

Since the Company's net sales and the operating income for the fiscal year ended March 31, 2024, reached a record high, the Company has revised its year-end dividend for the current fiscal year to 130 yen per share, an increase of 10 yen per share from the latest dividend forecast of 120 yen per share.

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