The resolutions of the Board of Directors' Meeting No. 1/2022 dated March 7, 2022 of Lanna Resources Public Co. Ltd., the Board of Directors has resolved to propose to the Annual General Meeting of Shareholders Year 2022 to consider for approval of the appropriation of earnings according to the separate financial statements of year 2021 for dividend payment to the shareholders at THB 1.60 per share (from a registered par value of THB 1 per share), totaling THB 839,999,486.40, in which the Board of Directors had already approved for the interim dividend payment to the shareholders on November 16, 2021 at THB 0.60 per share for a total of THB 314,999,807.40, therefore, there will be additional dividend remaining for the shareholders at THB 1.00 per share, totaling THB 524,999,679.

Regardless, such dividend payment is subject to an approval from the Annual General Meeting of Shareholders Year 2022. The dividend payment to the shareholders at THB 1.60 per share or 71.62% of net profit based on the separate financial statements of year 2021, which is higher than the dividend payment policy established by the Company with higher dividend payment than the previous year of THB 1.15 per share but lower than the dividend payment ratio of the previous year by 11.51% The record date for the name list of shareholders entitled to receive dividend payment for this period will be on March 21, 2022, and the dividend payment will be paid on May 17, 2022.