The Board resolution dated February 25, 2022, the BOD of VNDIRECT Securities Corporation approved the following contents:

-          Record date: March 11, 2022

-          Reason and purpose:

+ To implement rights to buy shares.

+ To issue shares for increasing capital from the owner’s equity.

a. To implement rights to buy shares:

-          Expected issue volume: 434,944,687 shares

-          Issue price: 10,000 dongs/share

-          Exercise ratio: 1:1 (shareholder who owns 01 share will receive 01 right, and with every 01 rights will be entitled to purchase 01 new share).

-          Plan to deal with unsold shares: The unsold shares (if any) will be decided by the Board of Directors to distribute to other investors with the selling price is not less than the offering price. These shares will be restricted in 01 year from the ending date of the offering.

-          For example: at the record date, shareholder A owned 123 shares. With 1:1 performing ratio, the shareholder A will receive: 123 *1/1 = 123 shares. So the shareholder A receives 123 new shares.

-          Regulation on rights transfer:

+ Time for rights transference: from March 16, 2022 to April 01, 2022

+ The rights should be transferred only once.

-          Regulation on securities purchased:

+ Time for subscription and payment: from March 16, 2022 to April 04, 2022

+ The new shares are freely transferable.

-          Place to receive subscription:

+ Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.

+ Shareholders whose shares have not been deposited: at VNDIRECT Securities Corporation.

-          Bank for blocking depository money:

+ Account name: VNDIRECT Securities Corporation

+ Account number: 1020045370

+ Bank: Vietcombank – Tay Ho branch.

b. To issue shares for increasing capital from the owner’s equity:

-          Exercise ratio: 80% (Those who own 100 shares will receive 80 new shares)

-          Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares due to rounding down will be cancelled.

-          For example: at the record date, shareholder A owned 123 shares. With 80% performing ratio, the shareholder A will receive: 123 *0.8 = 98.4 shares. According to rounding policy, the shareholder A receives 98 new shares and the fractional shares of 0.4 will be cancelled.

-          Place of payment:

+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

+ Shareholders whose shares have not been deposited: at VNDIRECT Securities Corporation.