Thai Agro Energy Public Company Limited Board of Directors has resolved to propose to the AGM of Shareholders Year 2020 to consider for approval of the appropriation of earnings according to the financial statements of year 2019 to pay dividend from net profit and retained earnings from BOI promoted activities, BOI card no. 2078(9)/2551 and BOI card no. 62-0394-1-04-1-0, to shareholders at THB 0.35 per share, (from a registered par value of THB1 per share). However, the Board of Directors had already approved the interim dividend to the shareholders on September 13, 2019 at THB 0.20 per share; therefore, there will be additional dividend remaining for the shareholders at THB 0.15 per share. The shareholders will be exempted to pay the corporate income tax for the dividend payment according to the Investment Promotion Act, B.E. 2520. The dividend payment to the shareholders at THB 0.35 per share or 68% of net profit of year 2019, which is in accordance with the dividend payment policy established by the Company. The Record Date for the name list of shareholders entitled to receive dividend payment for this period will be on March 19, 2020. The dividend payment of this period will be paid on May 22, 2020. Regardless, the above appropriation of earnings for dividend payment is not certain because approval from the Annual General Meeting of Shareholders 2020 is required.