SITC International Holdings declares special dividend, renews charter agreement

SITC International Holdings Company Limited announced a special dividend of HK$0.7 per ordinary share, payable on January 15, 2026. The record date for determining shareholders' entitlement is January 12, 2026, with the register of members closing from January 7, 2026, to January 12, 2026. Share transfer documents must be lodged by 4:30 p.m. on January 6, 2026, to qualify.

Concurrently, SITC renewed its 2023 master charter agreement by entering into the 2026 master charter agreement with Qingdao SITC, effective from January 1, 2026, to December 31, 2028. This agreement, classified as a continuing connected transaction due to Qingdao SITC's indirect ownership by controlling shareholders' family, covers vessel chartering services. The annual caps for these services are set at $8,500,000 for each of the financial years ending December 31, 2026, 2027, and 2028.

This renewal ensures stable vessel supply, enhancing the Group's shipping capacity and route expansion.