The Board resolution of Thien Long Group Corporation dated November 12, 2018 approving the plan for private placement of shares with the following issues:

1. Approving the plan for private placement of shares:

-       Stock name: Thien Long Group Corporation

-       Stock type: common share

-       Par value: VND10,000/share

-       Number of shares issued: 65,722,853 shares

-       Number of outstanding shares: 65,722,853 shares

-       Number of treasury shares:  0 share

-       Number of shares expected to be issued: 5,000,000 shares

-       Issue price: is not lower than VND50,000/share

-       Total value (based on par value): VND50,000,000,000

-       Issue rate: 7.61%

-      Transfer restriction: These shares will be restricted in 01 year from the finish date of the issue

-       How to deal with fractional shares: the shares refused to buy (if any) will be decided by the Board of Directors with the selling price is not lower than VND50,000/share and the number of investors in the private placement does not exceed 99 investors.

-       Time of implementation: expected in Q4.2018 or 2019.

2. Approving the plan for the use of proceeds from the issuance:

-    Expected total proceeds of VND250 billion will be used to supplement working capital and invest in the machine and equipment; including:

+ To invest in the machine and equipment: VND100 billion;

+ To supplement working capital: VND150 billion.