The Board of Director of CPT Drives and Power Public Company Limited meeting held on February 22, 2024, proposed the 2024 Annual General Meeting of Shareholders to be held on April 24, 2024, to consider and approve the allocation of the net profits as the legal reserve in the amount of THB 3,858,712.90 and the dividend payment from the operating result for the year 2023 in the amount of THB 22,500,000 at the rate of THB 0.025 per share. The Company scheduled the date to determine the name of the shareholders who are entitled to receive the dividend on March 8, 2024 (Record Date). However, the right to receive dividend payment is subjected to the approval of the 2024 Annual General Meeting of the Shareholders.

The Company will pay such dividend on May 24, 2024.