The Board resolution dated August 24, 2020, the BOD of Hai Phat Investment Joint Stock Company approved the plan to issue shares for 2019 dividend payment with the following plans:

-          Stock name: Hai Phat Investment Joint Stock Company

-          Stock code: HPX

-          Stock type: common share

-          Par value: 10,000 dongs/share

-          Charter capital: VND 2,299,955,060,000

-          Number of shares expected to be issued: 34,499,325 shares

-          Total value (based on par value): VND 344,993,250,000

-          Charter capital after the issuance: VND 2,644,948,310,000

-          Purpose: to pay stock dividend for 2019

-          Issue ratio: 15%

-          Plan to deal with fractional shares: The distributed shares will not be rounded down, the fractional shares will be cancelled.

-          For example: at the record date, shareholder A owned 1,550 shares. With 15% performing ratio, the shareholder A will receive: 1,550 *15/100 = 232.5 shares. According to rounding policy, the shareholder A receives 232 new shares and fractional shares of 0.5 will be cancelled.

-          Transfer restriction: none

-          Time of implementation: after being approved the State Securities Commission of Vietnam (SSC).