Board of Thai Union Group Public Company Limited proposed in the Annual General Meeting of Shareholders Year 2024 to approve the dividend at THB 2,405,771,655.84 (equivalent to THB 0.54 per share), or 57.29% of net profit after interest paid on perpetual debentures and eliminating the loss from the one-time non-cash impairment in Red Lobster. However, the resolution of the Board of Directors' Meeting No. 4/2023 held on 7 August 2023, the Company had paid out the interim dividend payment for the first-half operational period to shareholders at THB 1,336,539,808.80 (equivalent to THB 0.30 per share) on 4 September 2023.

Therefore, the dividend to be paid this time will be equivalent to THB 1,069,231,847.04 i.e. THB 0.24 per share, based on the Company's registered and paid-up capital after treasury stock of 4,455,132,696 shares. The details of the payment are as follows: The Company's registrar is Thailand Securities Depository Co. Ltd. Determine the record date on which shareholders have the right to receive dividend on 4 March 2024.

Dividend payment of THB 0.12 per share is not subject to withholding tax, as it derived from profit under BOI privilege. Therefore, shareholder is not eligible for tax credit. Dividend payment of THB 0.12 per share is subject to 10% withholding tax, or THB 0.012 per share, as it derived from profit under non-BOI privilege.

The net dividend paid will value THB 0.228 per share. The dividend will be paid on 26 April 2024.