Viet Nam Joint Stock Commercial Bank for Industry and Trade announces the resolution of Extraordinary General Meeting 2018 (EGM) dated December 08, 2018 as follows:

Article 1: Approving the business plan in 2018:

-       Total assets: increased from 6% to 8% compared to the end of 2017;

-       Credit outstanding balance: increased from 8% to 9% compared to the end of 2017;

-       Funds mobilized by organizations and individuals: increased from 9% to 10% compared to the end of 2017;

-       Bad debt ratio: <>

-       Profit before tax: 6,200 billion dongs.

Article 2: Approving the plan for 2017 profit distribution:

-       Profit after tax of 2017 (Separate financial statement): VND6,717,522 million;

-       Reserve fund to supplement charter capital (5%): VND335,876 million;

-       Financial reserve fund (10%): VND671,752 million;

-       Reward and Welfare fund: VND1,674,873 million;

-       Remaining profit after the distribution of funds: VND4,035,021 million.

Article 3: Approving the plan restructuring the project for VietinBank Tower in Ciputra.

Article 4: Approving the resignation of Ms. Nguyen Hong Van as member of BOD for the period 2014 – 2019.

Article 5: Approving the resignation of Ms. Pham Thi Hong Phuong as member of Supervisor Board for the period 2014 – 2019 due to her retirement.

Article 6: Approving the additional election of Mr. Tran Minh Bình – Acting CEO as member of BOD for the period 2014 – 2019.

Article 7: This resolution approved by the General Meeting of Shareholders dated December 08, 2018.