The Board of Directors of Thai Oil Public Company Limited at the meeting No.2/2021 on February 12, 2021 has passed a resolution to propose to the Annual General Meeting of Shareholders (AGM) to approve the dividend payment for the year 2020, and has passed a resolution to determine the date and agendas for 2021 AGM as follows: To propose to the AGM to approve the dividend payment from the Company's operating results from January 1 to December 31, 2020 which will be paid to shareholders of total 2,040,027,873 shares at THB 0.70 per share, totaling approximately THB 1,428 million. The dividend will be paid from the unallocated retained earnings as of December 31, 2020, which are subject to Corporate Income Tax at the rate of 20% and 0% in the amount of THB 0.42 and 0.28 per share, respectively. The Board has resolved to set the Record Date to determine the shareholders who are entitled to attend and vote in the AGM and receive the dividend payment on March 1, 2021, and set the date of dividend payment on April 26, 2021.

However, the right to receive dividend is not confirmed until the approval is granted by the 2021 AGM.