On April 25, 2022, Phu Tai Joint Stock Corporation issued a decision to approve the stock issuance to pay dividend for 2021 with details as follows:

-          Stock name: Phu Tai Joint Stock Corporation

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 48,599,441 shares

-          Number of outstanding shares: 48,599,441 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 19,439,776 shares

-          Total value (based on par value): 194,397,760,000 dongs

-          Issuing ratio: 40% (10:4) (Shareholder who owns 10 shares will receive 04 new shares).

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

-          For example: at the record date, shareholder A owned 2,022 shares. With 40% performing ratio, the shareholder A will receive: 2,022*40/100 = 808.8 shares. According to rounding policy, the shareholder A receives 808 new shares and fractional shares of 0.8 will be cancelled.

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

-          Transfer restriction: none.