Final Dividend for the year ended 31 December 2023 (Updated)

EF003 Disclaimer Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arisen from or in reliance upon the whole or any part of the contents of this announcement.Cash Dividend with Scrip Option Announcement for Equity Issuer Issuer name K. Wah International Holdings Limited Stock code 00173 Multi-counter stock code and currency Not applicable Other related stock code(s) and Not applicable name(s) Title of announcement Final Dividend for the year ended 31 December 2023 (Updated) Announcement date 28 June 2024 Status Update to previous announcement Reason for the update / change (i) Update of scrip dividend arrangement (ii) Announcement on the price for converting cash dividend per scrip share and (iii) Update of fractional entitlements of scrip shares Information relating to the dividend Dividend type Final Dividend nature Ordinary For the financial year end 31 December 2023 Reporting period end for the dividend declared 31 December 2023 Dividend declared HKD 0.09 per share Date of shareholders' approval 12 June 2024 Default option Scrip Information relating to scrip option The price for converting cash dividend per scrip share in declared currency HKD 1.732 Despatch date of share certificates 24 July 2024 First date of dealing in scrip shares 25 July 2024 Partial election of scrip shares Yes Other Fractional entitlements of scrip shares The number of scrip shares to be issued will be rounded down to the nearest whole number; fractional entitlements will be disregarded and the benefit thereof will accrue to the Company.Information relating to Hong Kong share register Default currency and amount in which the dividend will be paid HKD 0.09 per share Exchange rate HKD 1 : HKD 1 Closing date and time for option election 15 July 2024 16:30 Ex-dividend date 17 June 2024 Page 1 of 2 v 1.1.1EF003 Latest time to lodge transfer documents for registration with share registrar for 18 June 2024 16:30 determining entitlement to the dividend Book close period From 19 June 2024 to 24 June 2024 Record date 24 June 2024 Payment date 24 July 2024 Computershare Hong Kong Investor Services Limited Shops 1712-1716 17th Floor Hopewell Centre Share registrar and its address 183 Queen's Road East Wanchai Hong Kong Information relating to withholding tax Details of withholding tax applied to the Not applicable dividend declared Information relating to listed warrants / convertible securities issued by the issuer Details of listed warrants / convertible securities issued by the issuer Not applicable Other information Other information Not applicable Directors of the issuer As at the date of this announcement the Executive Directors are Dr. Lui Che-woo (Chairman & Managing Director) Mr. Francis Lui Yiu Tung Mrs. Paddy Tang Lui Wai Yu and Mr. Alexander Lui Yiu Wah; the Non-executive Director is Dr. Moses Cheng Mo Chi; and the Independent Non-executive Directors are Mr. Wong Kwai Lam Mr. Nip Yun Wing and Mr. Cheung Kin Sang.Page 2 of 2 v 1.1.1