Mermaid Maritime Public Company Limited has determined the exchange rates to be used for its forthcoming dividend payment, offering shareholders the choice of receiving the payout in US dollars, Thai baht or Singapore dollars.

For holders opting to receive the dividend in a foreign currency, the company fixed the rates at 1 USD = 1.2628 SGD and 1 USD = 32.5074 THB. These rates are based on the Bank of Thailand’s reference on May, 13 2026.

The dividend will be paid on May, 15 2026, following the timetable previously announced. Scrip shareholders may elect to receive their distributions in USD, THB or SGD, whereas scripless shareholders will receive their dividends in SGD through The Central Depository (Pte) Limited.

This notice supersedes the company’s earlier exchange-rate announcement released on Apr, 01 2026.