Jy Gas Limited announced to revise the dividend policy of the Company with immediate effect from 25 March 2024 and which will apply to the proposed final dividend of the Company for the year ended 31 December 2023. According to the Revised Dividend Policy, the Group intends to declare and distribute not less than 50% of its net profit for a given year as dividends to the shareholders of the Company. Any future determination to declare and pay any dividends would require the approval of the Board and will be at their discretion.

The Board will review the dividend policy from time to time and determine whether dividends are to be declared and paid based on future results of operations, capital requirements and surplus, general business and financial conditions and other factors of the Company that the Directors consider relevant. In addition, any final dividend for a financial year will be subject to shareholders' approval and the relevant laws.