The board of Scholar Education Group announced that at the board meeting held on December 3, 2021, the board has resolved to declare a special dividend in cash of HKD 0.15 per ordinary share of the company, amounting to HKD 83,355,000 in total on the basis of 555,700,000 shares of the company in issue as at the date of this announcement. The special dividend will be payable to the shareholders whose names appear on the company's register of members at the close of business on December 22, 2021. It is expected that the special dividend will be distributed on or about December 31, 2021.