Vertical International Holdings in its extraordinary general meeting to be held on January 5, 2023 proposes payment of a special dividend of 3.5 HK cent per ordinary share of the Company for the nine months ended 30 September 2022 entirely out of the share premium account of the Company to the shareholders of the Company whose names appear on the register of members of the Company at the close of business on Monday, 16 January 2023, being the record date for determining the entitlement to the Special Dividend, be and is hereby approved.