Jiangsu Flag Chemical Industry Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 3.30000000. Record date: 19 May 2023, Ex-date: 22 May 2023 and Payment date: 22 May 2023. Listing date of the bonus issues: 22 May 2023.

10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY 0.33000000(10% x CNY 3.30000000) Net cash dividend/10 shares after tax: CNY 2.97000000 (CNY 3.30000000- CNY 0.33000000).