PropNex Limited proposed final tax exempt (one-tier) dividend of 8.0 Singapore cents per ordinary share for the financial year ended 31 December 2022 (final dividend) at the upcoming Annual General Meeting, the Share Transfer Books and Register of Members of PropNex Limited (the "Company") will be closed on 2 May 2023 at 5.00 p.m. for the purpose of determining the entitlement of shareholders of the Company to the Final Dividend. Shareholders (being depositors) whose securities account with The Central Depository (Pte) Limited are credited with ordinary shares in the share capital of the Company as at 5.00 p.m. on 2 May 2023 will be entitled to the Final Dividend. The Final Dividend, if approved at the Annual General Meeting, will be paid on 12 May 2023.