The Board of Spheria Emerging Companies Limited has resolved to pay a quarterly dividend for the period ended 31 December 2022 of 2.2 cents per share, which will be payable on February 6, 2023. The dividend will be fully franked at the corporate tax rate of 30%. The payment of the dividend is consistent with the intention to pay dividends on a quarterly basis, at a level of 1% of post-tax NTA at the end of each calendar quarter, subject to available profits, cash flow and franking credits.

The quarterly dividend has been calculated based on the Company's post-tax NTA as at 31 December 2022 of $2.180 per share, multiplied by 1%, giving rise to a fully franked dividend of2.2 cents. This is a small increase compared to the dividend of 2.1 cents for the previous quarter.