Noah holdings limited provides updates on payment of final dividend

Shanghai , june 27, 2023 /prnewswire/ -- noah holdings limited (the "company" or "noah") (nyse: noah and hkex: 6686), a leading and pioneer wealth management service provider in china offering comprehensive one-stop advisory services on global investment and asset allocation primarily for high net worth investors, today announced that it will distribute a final dividend of hk$6.0 per ordinary share (for registered holders of the ordinary shares in hong kong) (tax inclusive) in hong kong dollars or us$0.76 per ordinary share (tax inclusive) in u.s. dollars in respect of the year ended december 31, 2022, calculated based on the final dividend of rmb5.5 per ordinary share (tax inclusive) with reference to the effective noon buying rate for june 23, 2023 as set forth in the h.10 statistical release of the u.s. federal reserve board and the number of ordinary shares of 31,945,575 entitled to dividend distribution as of the close of business on june 27, 2023 (the "final dividend"). for the distribution of the final dividend to ads holders, the final amount of approximately us$0.38 per ads (subject to applicable tax and depositary fees) is payable in u.s. dollars to the company's ads holders through the depositary bank subject to the foreign exchange rate adjustment on the date of settlement in accordance with the terms of the deposit agreement.
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