The Board resolution dated November 10, 2022, the BOD of KIDO Group Corporation approved the following issues:

1. Approving the regulation on stock issuance under ESOP.
2. Approving the standard of the Company’s employees to be participated in stock issuance under ESOP.
3. Approving the estimated execution time in Quarter IV/2022, after being approved by the State Securities Commission of Vietnam (SSC).
4. Approving the plan for stock issuance under ESOP:

- Stock name: KIDO Group Corporation

- Stock code: KDC

- Stock type: common share

- Par value: VND10,000/share

- Charter capital before the issuance: VND2,797,413,560,000

- Number of shares issued: 279,741,356 shares; Of which:

+ Number of outstanding shares: 257,224,010 shares

+ Number of treasury shares: 22,517,346 shares

- Number of shares expected to be issued: 10,064,960 shares

- Total value of issuance (at par value): VND100,649,600,000

- Issuance rate: 3.9% of number of outstanding shares

- Issuance price: VND15,000/share

- Time of implementation: expected in Quarter IV/2022, after being approved by the State Securities Commission of Vietnam (SSC).

- Purpose of using capital after the issuance: Total proceeds from the issuance will be used to supplement working capital for the Company’s business activities.

5. Approving the proposed roadmap for issuing shares to employees and issuing shares to increase capital from the owner’s equity:

- Stock issuance to employees (ESOP) will be carried out before the stock issuance to raise capital from the owner’s equity

- Stock issuance to raise capital from the owner’s equity will be postponed and will be noticed later.