dtac postpones 2020 Annual General Meeting of Shareholders and approves payment of interim dividend

24 March 2020 – In line with the company’s efforts to mitigate the infection risk of the coronavirus (COVID-19) in Thailand, the Board of Directors of Total Access Communication PLC or dtac, at a meeting held on 24 March, decided to postpone its 2020 Annual General Meeting of Shareholders indefinitely. The decision will not have any impact on ongoing business operations nor the payment of dividends. It is line with dtac’s other social distancing policies, such as closing shops in high-risk areas and encouraging the majority of its employees to work from home.

The Board of Directors approved an interim dividend payment from the company’s profit for 2019 to be paid to the shareholders listed on the record date on 12 February 2020. The interim dividend is equivalent to the previously proposed by the resolution of the Board of Directors held on 28 January 2020 at the rate of THB 1.61 per share.

Sirawit Klabdee, SVP, Head of Investor Relations and Company Secretary, Total Access Communication PLC or dtac said, “Our priority is the safety of our shareholders and employees. And we are carefully monitoring the situation to ensure that we do not take any unnecessary risks. dtac will continue to monitor the situation closely and consider holding the Annual General Meeting of Shareholders as soon as it is reasonable to do so.”

The board on 17 March 2020 appointed a subcommittee comprising the Chair of the Board of Directors, the Chair of the Audit Committee and the Chief Executive Officer of the Company to consider the impacts and the relevant laws and regulations with respect to the COVID-19 outbreak. The Board of Directors will consider a new date and agenda for the 2020 Annual General Meeting of Shareholders when the situation is resolved, and shareholders will be informed accordingly.”