Jamaica Public Service Company Limited Board Of Directors – Class B, C, D & E Preference Shares Dividend Payment On July 1, 2022.

The Board of Directors of Jamaica Public Service Company Limited, at its meeting held on April 28, 2022, APPROVED:

i. the payment of quarterly dividend of 1 ¾ % on the 7% Cumulative Preference Shares “B” of the Company be and hereby is declared payable on the 1st July 2022 out of the net revenues of the Company for the year ending 31st December 2021 and/or out of undistributed net revenues of previous years, to Preference “B” shareholders on record at the close of business on the 15th day of June 2022 will be paid at a rate of $0.035 per unit.

ii.  the payment of quarterly dividend of 1 ¼ % on the 5% Cumulative Preference Shares “C” of the Company be and hereby is declared payable on the 1st July 2022 out of the net revenues of the Company for the year ending 31st December 2021 and/or out of undistributed net revenues of previous years, to Preference “C” shareholders on record at the close of business on the 15th day of June 2022 will be paid at a rate of $0.025 per unit.

iii. the payment of quarterly dividend of 1 ¼ % on the 5% Cumulative Preference Shares “D” of the Company be and hereby is declared payable on the 1st July 2022 out of the net revenues of the Company for the year ending 31st December 2021 and/or out of undistributed net revenues of previous years, to Preference “D” shareholders on record at the close of business on the 15th day of June 2022 will be paid at a rate of $0.025 per unit.

iv. the payment of quarterly dividend of 1 ½ % on the 6% Cumulative Preference Shares “E” of the Company be and hereby is declared payable on the 1st July 2022 out of the net revenues of the Company for the year ending 31st December 2021 and/or out of undistributed net revenues of previous years, to Preference “E” shareholders on record at the close of business on 15th day of June 2022 will be paid at a rate of $0.030 per unit.