Mega Lifesciences Public Company Limited announced that at its board meeting held on February 23, 2022, to propose the AGM (i) acknowledge the payment of the interim dividend already paid in 2021 in the total amount of THB 453.37 million which has already been paid on a base of 871,869,508 shares at THB 0.52 per share (the "Interim Dividend Payment"); and (ii) consider and approve the payment of dividend according to the company's operating profit for the year ended December 31, 2021 which will be paid to shareholders on a base of 871,869,508 shares at THB 0.86 per share, totaling the maximum of THB 749.81. Therefore, the total amount of the Interim Dividend and the Final Dividend shall be the total amount of not exceeding THB 1,203.18 million. Such dividend payment is consistent with the dividend policy payment of the company, where the dividend paid represents not less than 25% of the net profit of the Company.

In this respect, 65.1% of the Final Dividend will be paid from company's operating results for year ending December 31, 2021 and retained earnings as at December 31, 2020 which is exempt from corporate income tax according to the Board of Investment (BOI) privilege and 34.9% of the Final Dividend will be paid from company's operating results for year ending 31 December, 2021 and retained earnings as at December 31, 2020 from tax exempt income, the shareholder will be subject to a withholding tax of 10%. Therefore, the Final Dividend which will be paid from net profit and retained earnings with 0% Corporate Income Tax due to BOI privilege will be THB 488.25 million and the Final Dividend to be paid from net profits and retained earnings from tax exempt income will be Thai THB 261.56 million and dividends will have a tax credit status as below. The Final Dividend of THB 0.56 per share, paid from the net profit and retained earnings which is exempted from corporate income tax according to the Board of Investment (BOI) privilege, the shareholder will not be subject to withholding tax and not entitled to a tax credit.

The Final Dividend of THB 0.30 per share paid from net profits and retained earnings from tax exempt income, the shareholder will be subject to a withholding tax of 10% and not entitled to a tax credit. The board has set the record date for determining the names of shareholders who shall be entitled to receive dividend on March 9, 2022 and set the payment date of the dividend on April 22, 2022.