MK Restaurant Public : The resolution of the Board of Directors to postpone the 2020 Annual General Meeting of Shareholders and approve the interim dividend payment

(Translation)

April 9, 2020

Subject: The resolution of the Board of Directors to postpone the 2020 Annual General Meeting of Shareholders and approve the interim dividend payment

To: The President

The Stock Exchange of Thailand

Reference is made to the previous announcement by MK Restaurant Group Public Company Limited ("the Company") to convene the 2020 Annual General Meeting of Shareholders on April 27, 2020 at 14.00 hours at Grand Hall 203 (GH203), 2nd Floor, Bangkok International Trade & Exhibition Center (BITEC), Bangkok.

As the outbreak of the Coronavirus disease 2019 (COVID-19) in Thailand has continued to spread rapidly and widely, the government has requested cooperation from all sectors to refrain from organizing activities involving large gatherings of people which may pose the risk of spreading the disease. In addition, the Bangkok Metropolitan Administration has issued a new announcement (No.4) dated March 27, 2020 imposing a temporary closure of certain premises including the venue of organizing meetings. As such, after duly consideration, the Board of Directors' Meeting No. 2/2020 held on April 9, 2020 resolved to pass the following resolutions:

1. To postpone the 2020 Annual General Meeting of Shareholders indefinitely by cancelling the date and agenda of the meeting previously scheduled on Monday, 27 April, 2020 as well as cancelling the record date to determine the names of the shareholders who had the right to attend the meeting previously set on March 10, 2020. Such meeting postponement will not cause any significant effect to the Company's business operation. The Board of Directors will consider setting a new date and agenda for the 2020 Annual General Meeting of Shareholders and notify the shareholders accordingly when the situation is resolved and appropriate to hold a meeting.
2. To approve the payment of interim dividends from the operating result of the Company for the year ended December 31, 2019 which was duly audited by the Company's auditor at the rate of Baht 1.30 per share. Such interim dividend rate was the same rate as previously declared via the Stock Exchange of Thailand on February 25, 2020. The approval of the payment of interim dividend is intended to mitigate the impact on shareholders as a result of the indefinite postponement of the 2020 Annual General Meeting of Shareholders. As an interim dividend for the half year operating result of 2019 at the rate of Baht 1.30 per share was paid to shareholders on September 11, 2019, the total dividend for the year 2019 will amount to Baht 2.60 per share. Therefore, the Board of Directors will not propose any other dividend payment for the year 2019.
   As payment of dividends is required by law to be made within one month as from the date of the resolution of the meeting of shareholders or the meeting of the board of directors as the case may be, it is therefore necessary to cancel the previous record date on May 8, 2020 as well as the payment date

on May 22, 2020. The new record date on which shareholders are entitled to receive the interim dividend is set on April 23, 2020 and the interim dividend will be paid to shareholders on May 8, 2020.

Please be informed accordingly

Yours sincerely, (Mr. Rit Thirakomen) Chief Executive Officer