SiamEast Solutions Public Company Limited resolved to approve the allocation of profit as a reserved fund and dividend payment. The General Meeting of Shareholders resolved to approve the allocation of net profit from the operation result for the fiscal year ended 31 December 2022 in the amount of THB 1,596,189.69 as the Company's reserved fund equal to 5.00 percent of the net profit according to the Company's financial statement for the fiscal year ended 31 December 2022. After the allocation, the annual net profit to the legal reserved fund, the company's legal reserved fund will be 14,413,037.47 equal to 4.39% of the registered capital of the Company.

The dividend payment by stock dividend payment in the amount not exceeding 24,266,241 shares or equivalent to the ratio of 27 existing shares to 1 new ordinary share or equivalent to a stock dividend at the rate of THB 0.0185 per share (calculation based on the number of the Company's issued and paid-up shares as of 10 March 2023 at 655,188,519 shares), at the par value of THB 0.50 per share, or equivalent to THB 12,133,120.72. In this regard, in the case that any shareholder has a fraction of the original shares after the stock dividend allocation, the Company should pay the dividends in cash instead of stock dividends at the rate of THB 0.0185 per share. The dividend payment by cash to the shareholders in the amount not exceeding THB 25,000,000 and the dividend payment by cash dividend for covering the withholding tax for stock dividend payment in the amount not exceeding THB 1,348,124.52 at the rate of THB 0.04 per share for 655,188,519 shares.

The Record Date for the right to receive dividends is scheduled on 10 March 2023 and the dividend payment shall be made by 22 May 2023.