PropNex Limited announced that subject to the shareholders' approval for the proposed final tax exempt (one-tier) dividend of 3.5 Singapore cents per ordinary share for the financial year ended 31 December 2023 ("Final Dividend") at the forthcoming Annual General Meeting, the Share Transfer Books and Register of Members of PropNex Limited (the "Company") will be closed on 2 May 2024 at 5.00 p.m. for the purpose of determining the entitlement of shareholders of the Company to the Final Dividend. Duly completed registrable transfers received by the Company's Share Registrar, Tricor Barbinder Share Registration Services (a division of Tricor Singapore Pte. Ltd.) of 9 Raffles Place, #26-01 Republic Plaza, Singapore 048619, up to 5.00 p.m. on 2 May 2024 will be registered to determine shareholders' entitlements to the Final Dividend.

Shareholders (being depositors) whose securities account with The Central Depository (Pte) Limited are credited with ordinary shares in the share capital of the Company as at 5.00 p.m. on 2 May 2024 will be entitled to the Final Dividend. The Final Dividend, if approved at the Annual General Meeting, will be paid on 10 May 2024.