The 1300 Smiles directors have determined to pay a fully franked special dividend of $1.00 for each 1300 Smiles share held by a 1300 Smiles shareholder as at the record date for the special dividend, being 7.00pm (Sydney time) on 19 November 2021, subject to the Scheme becoming legally effective. Payment of the special dividend is currently expected to occur on 26 November 2021.