Hong Fok Corporation Limited proposed First and final tax exempt (one-tier) dividend of 1.0 cent per share for the year ended 31 December 2023. Transfer Books and Register of Members of the Company will be closed at 5.00 p.m. on 13 May 2024 for the purpose of determining members' entitlements to the Proposed Dividend. Duly completed registrable transfers received by the Company's Share Registrar, B.A.C.S. Private Limited, 77 Robinson Road #06-03, Robinson 77, Singapore 068896 up to 5.00 p.m. on 13 May 2024 (the "Record Date") will be registered to determine members' entitlements to the Proposed Dividend.

Members whose securities accounts with The Central Depository (Pte) Limited are credited with the shares as at 5.00 p.m. on the Record Date will be entitled to the Proposed Dividend. The proposed dividend, if approved at the forthcoming Annual General Meeting to be held on 29 April 2024, will be paid on 24 May 2024.