Ovostar Union PLC

Notice of Dividend Amount • Dec 23, 2022

23 December 2022 Interim Dividend Payment

Ovostar Union Public Company Limited (WSE: OVO) (further referred to as "Company"), a vertically integrated holding company, one of the leading egg and egg products producer in Ukraine, announces that based on the Resolution of the Board of Directors of the Company, that was passed at the BoD Meeting on December 22, 2022, interim dividends in total amount of EUR 3,900,000.00 (EUR 0.65 per ordinary share) shall be distributed to the shareholders of the Company.

The last cum date in relation to which the shares of the Company will be traded with a right to participate in the dividend distribution will be 11 January 2023 (last cum date: 11 January 2023).

From 12 January 2023 the shares of the Company will be traded without the right to a dividend (exdividend date: 12 January 2023).

The beneficiaries of the dividend will be the shareholders who on 13 January 2023 will duly confirm their holding of shares of the Company (record date: 13 January 2023). The payment date will be made not later than 27 January 2023. Payment will be made in EURO.

No income tax on the dividends shall be withheld in Cyprus from the amounts payable to the shareholders irrespective of their tax residency.

Cypriot tax resident (domiciled) individuals are taxed at 17% special defense contribution on dividends received. Special contribution for the defense shall be withheld by the Company at source.

Shareholders, whose personal income is subject to withholding tax in their country of residency, have to seek additional information from their personal legal, tax and financial advisors.