Grand Banks Yachts Limited proposed first and final one-tier tax exempt dividend of 1.0 Singapore cent per ordinary share for the year ended June 30, 2023. The dividend is subject to approval at the Company's Annual General Meeting to be held on 26 October 2023, the Share Transfer Books and Register of Members of the Company will be closed on 9 November 2023 ("Record Date") for the purpose of determining shareholders' entitlements and preparation of dividend warrants. The Proposed Final Dividend, if approved by the shareholders at the AGM, will be paid on 17 November 2023.