The Board resolution dated May 19, 2023, the Board of Truong Thinh Energy Investment Joint Stock Company approved the plan for share issuance to increase capital for existing shareholders with details as follows:

-          Stock name: Truong Thinh Energy Investment Joint Stock Company

-          Stock type: common share

-          Stock code: TTE

-          Par value: VND10,000/share

-          Number of outstanding shares: 28,490,400 shares

-          Charter capital: 284,904,000,000 VND

-          Number of treasury shares: 0 share

-          Expected issue volume: 28,309,600 shares

-          Total value of issuance (estimated): VND 283,096,000,000

-          Issue rate: 99.36%

-          Offering price: VND10,000/share

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