The Board resolution dated October 28, 2019, Ho Chi Minh City Development Joint Stock Commercial Bank approved the following issues:

Article 1: The Board of Directors approved the plan to repurchase its treasury shares.

Article 2: The Board of Directors approved the transaction plan to repurchase its treasury shares:

-       Stock name: Ho Chi Minh City Development Joint Stock Commercial Bank

-       Stock code: HDB

-       Number of registered shares to buy: 49,049,988 shares

-       Trading period: within 30 days after being approved the State Securities Commission of Vietnam (SSC)

-       Trading method: order matching or put through.