Siam Makro Public Company Limited informed that the Board of Directors' Meeting of the Company held on February 18, 2020 approved the appointment of Mr. Suphachai Chearavanont to be the Company's Director and Chairman of the Board in replacement of Mr. Arsa Sarasin, effective from 18 February 2020 onwards.

The board also approved to propose to 2020 AGM for approval of the Company to declare final dividend for the year 2019, at the rate of THB 0.56 per share, totaling 4,800,000,000 shares being the total dividend of THB 2,688 million. The final dividend shall be paid on 22 May 2020 to the shareholders who are entitled to receive dividend as per Record Date on 4 March 2020.