United Overseas Insurance Limited recommend the payment of a final dividend of 8.5 cents per share (one-tier tax exempt) (2022 final dividend: 8.5 cents per share one- tier tax-exempt; special dividend: 4.0 cents per share one-tier tax-exempt) in respect of the financial year ended 31 December 2023. Together with the interim dividend of 8.5 cents per share paid on 16 August 2023, the total dividend for the financial year ended 31 December 2023 would be 21 cents per share (2022: 21 cents per share) amounting to a total net dividend payment of $12.8 million (2022: $12.8 million). If approved at the forthcoming Annual General Meeting, the proposed final dividend and special dividend amounting to $7.6 million will be paid on 15 May 2024.