Charoen Pokphand Foods Public Company Limited at its Annual General Shareholders' Meeting No. 1/2023 held on April 26, 2023, approved of no appropriation of profit as an additional legal reserve, and approval of dividend payment from the Company's operating results of the year 2022 at THB 0.75 per share in total. Details of the dividend payment are as follows: the Company already distributed the first dividend payment to shareholders as an interim dividend at THB 0.40 per share on September 14, 2022.

Therefore, the remaining dividend for the second dividend payment shall be at THB 0.35 per share, totaling THB 2,928.5 million (calculated from the total number of issued shares of the company minus 244,059,800 repurchased shares). The second dividend payments will be paid from dividends received from the Company's subsidiaries appropriated from the taxable profits of the subsidiaries which were subject to 20% corporate income tax. Therefore, recipients who receive the said dividends are subject to withholding tax according to the rules and conditions of the Revenue Code.

However, recipients who are natural persons shall be entitled to a tax credit in accordance with Section 47 bis of the Revenue Code. In addition, the record date for the right to receive the dividend is set on May 9, 2023, and the dividend payment will be made on May 25, 2023.