The Board of Spheria Emerging Companies Limited has resolved to pay a quarterly dividend for the period ended 31 March 2023 of 2.2 cents per share, which will be payable on 8 May 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 March 2023 of $2.231 per share, multiplied by 1%, giving rise to a fully franked dividend of 2.2 cents. This is an unchanged level of dividend from the previous quarter. Ex date is April 20, 2023, Record date is April 21, 2023.