Sheng Siong Group Ltd. has proposed a Tax exempt (one-tier) final dividend of 3.07 cents per share for the fiscal year ended December 31, 2022 as compared to 3.1 cents per share a year ago. Together with the interim cash dividend of 3.15 cents per share, the Group will be paying out a total cash dividend of 6.22 cents per share to shareholders in FY2022 (FY2021: 6.20 cents per share), representing a dividend pay-out ratio of 70.0%. The Directors propose, subject to shareholders' approval at the Annual General Meeting to be held on 28 April 2023, a final dividend to be paid on 19 May 2023.

Registrable transfers received by the Company's Registrar, Boardroom Corporate & Advisory Services Pte Ltd, 1 Harbourfront Avenue, Keppel Bay Tower, #14-07, Singapore 098632 up to 5.00 p.m. on 8 May 2023 will be registered before entitlements to the dividend are determined.