The Board resolution approved the issuance plan of convertible bond of Ho Chi Minh City Development Joint Stock Commercial Bank on October 23, 2018 as follows:

1. Approving the issuance plan of convertible bond:

-       Issuer: Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank)

-       Bond name: Bond of HDBank

-       Foreign currency: USD

-       Bond type: convertible bond, convertible bond into shares, unsecured and without warrants.

-       Convertible bond method: book entry

-       Par value: USD100,000/bond

-       Issue price: 100% par value

-       Expected issue volume: 3,000 bonds

-       Total value: USD300,000,000

-       Issue market: The bonds are offered on the International Market.

-       Time for bond conversion: 05 years 01 day from the issue date of convertible bond.

-       Principle and interest payment  method:

+ Principle payment: Once on the maturity date

+ Interest payment: Once a year

-       Convertible bond transfer: over 12 months from the finish date of the issue.

-       Issue time: 2018 or 2019

-       Issue location: at head office of HDBank

-       Issue method: private placement

2. Approving the issuance plan for convertible shares:

-       Stock type: common share

-       Foreign currency: VND

-       Par value: VND10,000/share

-       Issue time: during the bond conversion period

-       Number of convertible shares: The number of convertible shares will depend on the conversion price which is adjusted at the time of conversion.

-       Total value (based on par value): to depend on the number of convertible shares

-       Purpose of the issue: to convert the convertible bond into shares

-       Issue price: as the convertible price of the conversion bonds.