Consistent with the Raffles Financial Group Limited commitment to reward shareholders, and in line with the Company's dividend policy, the Board announced that it has declared a cash dividend on the issued and outstanding shares of the Company in the amount of CAD 0.0908093 per common share be paid on the date on June 23, 2021. The dividend payment shall be subject to applicable withholding taxes. The total dividend payment shall equal approximately CAD 4,550,000. This dividend payout corresponds to the financial performance of the Company in it's third quarter of 2021. The Common Shares will commence trading on an ex-dividend basis on June 8, 2021 (as of which date the Common Shares will no longer have the attaching entitlement to this dividend). Record Date is on June 9, 2021.