The Board of Kinetic Development Group Limited announced that it has resolved the declaration and payment of the Special Dividend of HKD 0.04 per share of the Company, to be payable to the shareholders of the Company whose names appear on the Company's register of members at the close of business on 29 December 2023. It is expected that the Special Dividend will be paid in cash on or around 8 January 2024. For the purpose of determining the entitlement of the Special Dividend, the register of members of the Company will be closed from 27 December 2023 to 29 December 2023 (both days inclusive), during which period no transfer of shares of the Company will be registered.