Zhongmin Baihui Retail Group Ltd. subject to the shareholders' approval proposed final (one-tier tax exempt) dividend of 1.0 Singapore cent per ordinary share for the financial year ended 30 June 2023 at the Annual General Meeting to be held on 24 November 2023, the Share Transfer Books and the Register of Members of the "Company" will be closed at 5.00 p.m. on 30 November 2023, for the purpose of determining the shareholders entitlements to the Proposed Final Dividend. Duly completed registrable transfers received by the Company's Share Transfer Agent, Boardroom Corporate & Advisory Services Pte. Ltd. at 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632, up to 5.00 p.m. on 30 November 2023 will be registered to determine the shareholders' entitlements to the Proposed Final Dividend.

The shareholders (being depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with shares as at 5.00 p.m. on 30 November 2023 will be entitled to the Proposed Final Dividend. Subject to the approval of the shareholders of the Company at the forthcoming AGM, the Proposed Final Dividend will be paid on or about 8 December 2023.