The Board resolution dated September 14, 2021, the BOD of KIDO Group Corporation approved the plan for using treasury shares to distribute to existing shareholders with details as follows:

1)      Expected issuance volume: 22,874,910 shares

2)      Total value (at par value): VND228,749,100,000

3)      Issuance ratio: 10%

4)      Exercise ratio: 10:1 (Those who own 10 shares will receive 01 new share.)

5)      Plan to deal with fractional shares (if any): The distributed shares will be rounded down to units, the fractional shares (if any) will be distributed to the company’s Labor Union with the selling price of VND10,000/share.

6)      For example: at the record date, shareholder A owns 549 shares.  With 10:1 performing ratio, the shareholder A will receive: 549 *1/10 = 54.90 shares. According to rounding policy, the shareholder A will receive 54 new shares and fractional shares of 0.90 will be distributed to the company’s Labor Union with the selling price of VND10,000/share.

7)      Transfer restriction: none

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