The Board resolution dated October 29, 2019, Vietnam Electric Cable Corporation 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:

-       Number of registered shares to buy: 2,880,000 shares

-       Purpose: to stable CAV’s stock price and to increase the interest of shareholders.

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

-       Trading method: order matching or put through.

-       Purchase price: as the market price.