The Board of Directors of Global Power Synergy Public Company Limited at the Meeting No. 2/2024 convened on February 9, 2024 approved a dividend payment from the operating results of the Company and its subsidiaries for the year 2023 at THB 0.74 per share, totaling THB 2,086,599,731.58 or approximately 56% of the net profit of consolidated financial statements. After the deduction of the interim dividend for the first half of 2023 at THB 0.30 per share, totaling THB 845,918,810.10; the Company will pay the remaining dividend for the second half of 2023 (July 1- December 31, 2023) performances at THB 0.44 per share, totaling THB 1,240,680,921.48 which will be paid from the unappropriated retained earnings, whereby, shareholders are subjected to withholding tax of 10% but shall be entitled to a tax credit for the received dividend in accordance with Section 47 bis of the Revenue Code of Thailand which the dividend of THB 0.44 per share, paid from the retained earnings with 20% Corporate Income Tax, can be credited at 20/80 of the dividend.

GPSC has scheduled the Record Date to determine the shareholders who are entitled to receive the dividend payment on February 27, 2024, and the dividend payment of THB 0.44 per share will be paid on April 23, 2024. Moreover, the GPSC's president and chief executive officer shall be authorized to change dividend payment date if there is an announcement of additional public holidays that might have an impact to such proposed dividend payment date. However, the right to receive such dividend is not certain as it is subject to approval from the AGM April 3, 2024.