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62 Jidends Pb Clays Few ComPonies Toys diviclecl ww amomt equal to their begelly available vetamed eaYfings -- why 2 = moirtaivt agveements with cvedlitos - - Te Fnence gvowlh or exponsion . Te Smosh ot divdend Fayment , a Ths of dividends ES Bb! Clays ot WD Cash dividends . a Freperk, abviclenels ASF obeys BI Liguiehy livialenel. ARAS Cley5 G shave olividend's. Les Lbs 55 Tee G Class # AN divclooks , exceot & ae dabad Yeduce ta total equity in th Corporation. 3 Poavel oP cbicclerg vol on + Tivee olaks the declovalion & cosh diviclencls 04 dhelaved coh dividends a. Qk P Declevetion is a lability b Ot P Recovel 8 ComPanies don't oleclaye or Pay c. Ok Ff Payment dividends on TWeesufy Shave ww Cash div ead bo 63 a Rosca us Freight Cov on June.to declwed a Cash dividend of 50 cons a Shave on 1.8 million shoves Fayerole gly th te oll sha@holelers of record Sune. 24 len Bert —— Fretainecl earnings — (1.8 millon x 05) Cash Dwidends Faye Qee.ccD aM date 2 Vecords Lime eu) No ety aw dete & Teymert: (tly 1b) Cash Qiviclools Feyoble Cash Yoo, 00 Yeo,cco | 64 Exomg> le : =" Fowler Co. daluce shed shevieol af Dec.31,2008 + Common stock, $10 fev \e0,cc0 Shove Premium % 5o,cco Rebeimed cavninsy © Jays * A. cash aivicluel is declavecl on Dee. 31,2205 ancl Fepble on Janraty 20, Ze1 to shovchelders L yecorel on Jon.to ,20V0 T) PRePae all Purnal exbvies , assuming Cosh cliviehene in te amount f $ Loo Fev shoe GZ) Precore soulnel eavies iP Cash dlviclead & ¥ 5.00 Ry shore. Dolshion g $ Sean a M dot 2 declovalion (Dee. 31,2005 } Fetaimecl Eavnings Cocco st x $1) 10,000 Cosh widens Fyble loco, wo A disk of fecod (tea to, ecto) Ne cxlvy med Cee Cash Dividends Payable 10,000 Cosh ta,0c0 65 Z duicads $5 Fr sheve @AY dale & oleclavation (Dec. 31,2609) Rebainee! Eovningys (Ciecco 3h x45) 5e,cco, Cosh Pivicleuols Payable 5.000 a Dt date of vecorel (Jonlo,z0\0) No enty @ AY date & Pogmerk (san-2e 200) Cosh Dividends Paypote Se,c00 Cosh Se,c05 66 — Fowle’” Om tide thed whet ok Kec dott x Common stock, $10 Ry % \eo,cc0 Shove Pveminyn % Se,c00 Rebaimed earning $ 2oc0 #—* A. cash olivicleuol is declaveel on Dec.3i, 2005 ancl is Rpble on Jonualy 20, Zoip to thovehelders & yeeore on Jor.1o 208 Requifedl: Peeve oll Pornal eatries , assuming a Cosh chvidene! in Ha amount f & too fey shove BD Prepove sootnel evies iP cash divicleud & ¥ 5.00 Ry share, Delskion G Seety we At date 2B declavalion (Dee. 31,2005) Rebainedl Earaings Cnet x #1) 10,000 Cosh Dividends Fysble le,c05 aM dot of record ( Son.to, 2010) : Wo ealyy we AM dete of Pesmed (son.t0! eee) Cosh Divicleuds Payable Cash le,oa0 to,eco 67 20 dle be ee BAL date & dleclavation (Pec. 31,2003) rary RE Rebaincel Eavaingys e,coo Shave Premium - ovine, — Cash Diviclewols Payable a 2 At dete of veeovel (Jon lo,2oto) No anki AY date &B Payment (sence 2010) Cosh Dividends Payrole Se,cco Cosh a]

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