Banyan Tree Holdings Limited announced that the Share Transfer Books and Register of Members of the Company will be closed on 8 May 2024 for the purpose of determining shareholders' entitlements to the proposed first and final tax exempt (one-tier) dividend of 1.20 cents per ordinary share for the financial year ended 31 December 2023 (the Proposed Dividend). Duly completed registrable transfers received by the Company's Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., at 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632 up to 5:00 p.m. on 7 May 2024 (the Record Date) will be registered before shareholders' entitlements to the Proposed Dividend are determined.

Shareholders (being Depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with shares as at 5:00 p.m. on the Record Date will rank for the Proposed Dividend. The Proposed Dividend, if approved at the Annual General Meeting of the Company to be held on 26 April 2024, will be paid on 27 May 2024.