The Board of Directors of Singapore O&G Ltd. has recommended a final one-tier exempt dividend of 1.20 Singapore cents per share in respect of Fiscal Year 2020 ("Final Dividend"), which is subject to the approval of shareholders of the Company at the Annual General Meeting to be held on 23 April 2021. The proposed Final Ordinary Dividend, if approved by the shareholders of the Company at the Annual General Meeting to be held on 23 April 2021, will be paid on 21 May 2021.