Sinostar PEC Holdings Limited at its annual general meeting held on April 28, 2022 approved to declare a first and final exempt (one-tier) dividend of 0.6 SG cents per share for the financial year ended 31 December 2021. Duly completed transfers received by the Company's Registrar, In.Corp Corporate Services Pte. Ltd., 30 Cecil Street, #19-08, Prudential Tower, Singapore 049712, up to 5.00 p.m. on May 5, 2022 will be registered to determine shareholders' entitlement to the Dividend.

Members whose securities accounts with the Central Depository (Pte) Limited ("CDP") are credited with the shares as at 5.00 p.m. on May 5, 2022 will be entitled to such Dividend. The Dividend will be paid on June 6, 2022.