Proposed Dividend For The Year Ended December 31, 2019 by P.I.E. INDUSTRIAL BERHAD (“PIE” or “the Company”)

Please be informed that the Board of Directors of PIE has on even date, proposed the following dividends for the year ended 31 December 2019 to be approved by the shareholders at the forthcoming 23rd Annual General Meeting of the Company:-

1) A Special Single Tier Dividend of 2.6 sen per share; and

2) A First and Final Single Tier Dividend of 2.4 sen per share.

However, the entitlement date and date of payment of the dividends have yet to be finalized at the moment.

A further announcement will be made at a later date upon finalization of the entitlement date and date of payment of the above.

This announcement is dated 03 April 2020.