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INTOUCH postpones the Annual General Meeting of Shareholders for 2020 and approves the interim dividend at 1.30 baht per share

Bangkok – 25 March 2020: The Board of Directors of Intouch Holdings Plc. (INTOUCH) has resolved to postpone the Annual General Meeting of Shareholders for 2020 from March 31 until after May 31, 2020. This is due to the COVID-19 pandemic, which is spreading quickly and has not yet been contained. INTOUCH is very concerned about the safety of its shareholders, and the government has asked for cooperation from all sectors to avoid activities that involve large gatherings of people. This postponement will not have any significant effect on the Company’s business operations or the shareholders’ right to receive the interim dividend. 
The Board of Directors will reconsider this matter at an appropriate time when the situation has been resolved, and set a new date and agenda for the AGM, including a new Record Date for specifying the list of shareholders who have the right to attend the meeting. The Company will then inform the shareholders accordingly.
The Board of Directors approved the interim dividend payment from the Company’s net profit as of 31 December 2019 at 1.30 baht per share, totaling approximately 4,168 million baht, instead of proposing the annual dividend to the AGM, in order to reduce the impact from the sudden postponement of the meeting. The Record Date for specifying the list of shareholders who have the right to receive this dividend was 26 February 2020, and the dividend will be paid on 23 April 2020, the same date as the shareholders had been previously notified. This interim dividend of 1.30 baht per share, when combined with the interim dividend of 1.35 baht per share for the first half of the year 2019 (which was paid on 4 September 2019), constitutes an annual dividend of 2.65 baht per share from the Company’s net profit in 2019. Consequently, the Board of Directors will not propose any other dividend payment for the year 2019.
In addition, the Board of Directors approved the appointment of Ms. Manida Zinmerman as a new independent director, member of the Audit and Risk Committee and member of the CSR Committee for Sustainable Development, to replace Mr. Chalaluck Bunnag (who has resigned from his board position, effective 25 March 2020).
The Company wishes to apologize to the shareholders for the cancellation of the AGM. The meeting will not be re-scheduled until the Department of Disease Control at the Ministry of Public Health announces that Thailand is safe from the spread of the COVID-19 virus and has returned to normal conditions. The Company will then arrange for the AGM to be held, in accordance with the law, as soon as it is reasonably practicable.
Intouch Holdings Plc (SET: INTUCH) is the leading holding company in telecommunications, media, and technology, whose purpose is to connect Thais with technology that uplifts their quality of lives through the professionally-run company under good corporate governance, good corporate citizenship, and delivering deliver sustainable growth and long-term value to shareholders. The company had garnered many prestigious awards over the years, including “Best Public Company of the Year” for the second consecutive year in the Money and Banking Awards 2019, in both the SET and Technology Industry categories, “Thailand’s Top Corporate Brand Value 2019” in the IT and Telecom category for the third consecutive year; “Best Company Performance Awards” (in the category of market capitalization of more than 100,000 million baht) and the “Thailand Sustainability Investment Awards” (THSI) for the fifth consecutive year (2015-2019); Sustainability Report Awards 2019 and also received the ESG 100 certification from Thaipat Institute for the fifth consecutive year.”
Currently, Intouch’s investment includes wireless telecommunication business under Advanced Info Service Public Company Limited, satellite and international business under Thaicom Public Company Limited, as well as other businesses, such as High Shopping and InVent. For more information please contact:
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