Dividend Policy and Payment History

Dividend Policy

The Brazilian Corporation Law and the Company’s By-laws require that a minimum of 30% of the adjusted net income, excluding the equivalent of 5%, which is destined to the constitution of the Legal Reserve, and shall not exceed 20% of the capital stock, will be distributed to the stockholders as dividends. The Company refers to this value as the minimum mandatory dividend.

Top

Dividend History

The tables below show the interest on own capital and dividends distributed to Randon’s common and preferred shareholders for the indicated periods.

DIVIDENDS
FISCAL PERIOD VALUE - R$ - per shares MEETING / RELEASING DATE
2007 0.09070920 - per common AGO/E April 17, 2008
and preferred shares
2008 0.214211627 per common AGO/E April 08, 2009
and preferred shares
2009 0.07531556 per common AGO/E April 08, 2010
and preferred shares
2010 0.10807710 per common AGO April 18, 2011
and preferred shares
2011 0.15768028 per common AGO/E March 29, 2012
and preferred shares
2012 0.00349235 per common AGO April 05, 2013
and preferred shares

* Values per share

NOTES:
RCA = Board of Directors Meeting
AGO = Ordinary General Meeting
AGE = Extraordinary General Meeting

INTEREST ON OWNERSHIP CAPITAL
FISCAL PERIOD VALUE - R$ -* MEETING / RELEASING DATE PAYMENT STARTING DATE
2008 0.11798- per common RCA - June 17, 2008 July 03, 2008
and preferred shares
2008 0.12167- per common RCA - Nov 26, 2008 Jan 27, 2009
and preferred shares
2009 0.1000 - per common RCA - June 18, 2009 Jul 10, 2009
and preferred shares
2009 0.10 - per common RCA - Dec 4, 2009 Jan 28, 2010
and preferred shares
2010 0.10736 - per common RCA - Jun 14, 2010 Jul 23, 2010
and preferred shares
2010 0.11055 - per common RCA - Dec 10, 2010 Jan 27, 2011
and preferred shares
2011 0.12817 - per common and RCA - Jun 13, 2011 Jul 11, 2011
preferred shares
2011 0.13197 - per common and RCA - Dec 5, 2011 Jan 24, 2012
preferred shares
2012 0.06223 - per common and RCA - Jun 20, 2012 Jul 17, 2012
preferred shares