Sea Oil Public Company Limited approved the dividend payment and allocation of part of the profit as legal reserve for year ended 31 December 2022, to allocate the accumulated profit for the dividend payment by issuing new Company's ordinary shares in the ratio of 15 existing shares per 1 dividend share, or equivalent to payment of THB 0.0666666667 per shares. In case that any shareholder holds the indivisible share remaining after such allocation, the dividend shall be paid by cash in the amount of THB 0.0666666667 per shares and approved dividend payment in cash at the rate of Baht 0.0074074075 per share. In combination, the stock dividend and cash dividend are paid equivalent to THB 0.0740740742 (10 decimal places) per share, or approximately totaling THB 51,318,371.18.

Such dividend payout ratio is according to the Company's Dividend Payment Policy. All dividend payout shall be subject to withholding tax at the rate stipulated by law. The shareholders who are entitled to receive dividend will be listed on 16 March 2023 and the dividend payment will be paid on 23 May 2023.