On August 28, 2024, Prudential (02378.HK) announced that it will distribute a first interim dividend of $0.0684 per ordinary share for 2024. On August 30, 2024, Prudential further announced that it will provide a scrip dividend alternative in place of the dividend, subject to shareholder approval obtained at the 2024 annual general meeting. In order to participate in the scrip dividend alternative, shareholders must hold a minimum of 118 ordinary shares on the applicable record date for this dividend (September 6, 2024 for shareholders in the United Kingdom and Singapore, and September 9, 2024 for shareholders in Hong Kong). This number will be calculated by dividing the reference price of the dividend shares by the dividend and rounding the resulting number up to the nearest whole number.

The reference price of the dividend shares is the average middle-market price of Prudential shares on the London Stock Exchange during the five trading days starting from the ex-dividend date of the dividend (September 5, 2024), converted to US dollars at the spot exchange rate published by Bloomberg on September 11, 2024 (Wednesday) at around 11 am London time.

The reference price of the dividend shares issued under the scrip dividend alternative for this dividend is $8.046366 per new ordinary share.

Full details of the scrip dividend alternative are expected to be provided to shareholders around September 13, 2024.