The Board of Directors of DoubleDragon Corporation, at its Board meeting held on May 15, 2023, approved the declaration of cash dividend to all common stockholders in the amount of Six Hundred Fifteen Million Three Hundred Thirty Five Thousand Five Hundred Four Pesos and Sixty Four Centavos Only (PHP 615,335,504.64) equivalent to PHP 0.2624 per share in favor of all common stockholders of record as of June 8, 2023 payable on July 5, 2023.