Declared Dividend • Aug 01
Final dividend of S$0.0022 announced Shareholders will receive a dividend of S$0.0022. Ex-date: 6th August 2026 Payment date: 19th August 2026 Dividend yield will be 3.1%, which is lower than the industry average of 7.1%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 11% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Board Change • Jul 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Chong Huat Lim was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jul 17
Samurai 2K Aerosol Limited Appoints Sho Kian Hin as Non-Executive and Independent Chairman, Effective July 30, 2026 The Nominating Committee of Samurai 2K Aerosol Limited reviewed and considered Mr. Sho Kian Hin's qualifications, experience, independence and ability to devote sufficient time to discharge his responsibilities as a Non-Executive and Independent Chairman of the Company, Effective July 30, 2026. The Nominating Committee noted that Mr. Sho currently has five directorships in other listed companies. In assessing Mr. Sho's ability to devote sufficient time to discharge his responsibilities as a Non-Executive and Independent Chairman of the Company, the Nominating Committee had considered, among other things: (i)Mr Sho does not hold any full-time executive position; (ii) Mr. Sho will be stepping down from one of his listed company directorship after his nine-years tenure ends in 2027; (iii) Only one of his five listed companies directorships has the same financial year end (March) as the Company; (iv) Mr. Sho has a track record of full attendance at Board and Board Committee meetings of his other listed companies; and (v) Mr. Sho's confirmation that he will devote sufficient time to discharge his responsibilities as a Non-Executive and Independent Chairman of the Company. Having considered the recommendation of the Nominating Committee, the Board approved the appointment of Mr. Sho as a Non-Executive and Independent Chairman of the Company. Job Title: Non-Executive and Independent Chairman Chairman of the Audit & Risk Committee Member of the Nominating Committee Member of the Remuneration Committee. Working Experience: February 2013 - December 2017 Hunan Longzhou Farm Equipment Holdings Co. Ltd. - Corporate Development Director. Other DirectorShips Present: Brook Crompton Holdings Ltd. ISDN Holdings Limited Choo Chiang Holdings Ltd. JB Foods Limited Figtree Holdings Limited Hartanah Kencana Sdn Bhd. Other DirectorShips Past: QT Vascular Ltd. Sim Leisure Group Ltd. Versalink Holdings Limited Quantum Healthcare Limited China Farm Equipment Pte. Ltd. OUE Healthcare Limited. Director Experience Details: Independent Director of Figtree Holdings Limited, Choo Chiang Holdings Ltd, ISDN Holdings Limited, JB Foods Limited, Brook Crompton Holdings Ltd, OUE Healthcare Limited, Quantum Healthcare Limited, QT Vascular Ltd, Sim Leisure Group Ltd. and Versalink Holdings Limited. Professional Qualifications: Fellow member of the Association of Chartered Certified Accountants (FCCA). Following the abovementioned changes and with effect from 30 July 2026, the composition of the Board and Board Committees of the Company shall be reconstituted as follows: Mr. Sho Kian Hin-Non-Executive and Independent Chairman; Mr. Ong Yoke En-Executive Director & Chief Executive Officer; Ms Lim Lay Yong-Executive Director & Chief Operating Officer; Mr. Lim Chong Huat-Independent Director; Dato' Chang Chor Choong-Non-Executive Director; Dato' Loh Shin Siong-Non-Executive Director. Audit & Risk Committee: Mr. Sho Kian Hin-Chairman; Mr. Lim Chong Huat-Member; Dato' Chang Chor Choong-Member. Nominating Committee: Mr. Lim Chong Huat-Chairman; Mr. Sho Kian Hin-Member; Dato' Chang Chor Choong Member. Remuneration Committee: Mr. Lim Chong Huat-Chairman; Mr. Sho Kian Hin-Member; Dato' Chang Chor Choong Member. 
