NSL Ltd. recommended that an interim dividend of SGD 0.40 per ordinary share (exempt one-tier) be declared for the current financial year (the "Interim Dividend"). The Register of Members and Share Transfer Books of the Company will be closed from 5.00 p.m. 13 September 2023 to 5.00 p.m. 20 September 2023 for the preparation of dividend warrants. Duly completed transfers received by the Company's share registrar, M & C Services Private Limited at 112 Robinson Road #05-01 Singapore 068902, up to the close of business at 5.00 p.m. on 13 September 2023 will be registered to determine shareholders' entitlement to the Interim Dividend. In respect of the ordinary shares of the Company held in securities
accounts with The Central Depository (Pte) Limited ("CDP"), the Interim Dividend will be paid by the Company to CDP which will in turn distribute the dividend entitlements to shareholders. The payment of the Interim Dividend will be on 29 September 2023 or such other date to be determined by the Directors.