On December 20, 2019, the Board of Directors of MaSan Group Corporation approved the following issues:

1. Approving the plan for issuing bond to public:

-       Bond type: non-convertible, unsecured and without warrants

-       Total value of issue: VND 10,000,000,000,000, including 04 phases:

+ Phase 1: VND 3,000,000,000,000;

+ Phase 2: VND 2,000,000,000,000;

+ Phase 3: VND 3,000,000,000,000;

+ Phase 4: VND 2,000,000,000,000.

-       Issue exchange: VND

-       Interest rate:

+ For phase 1, phase 2 and phase 4:

• The first interest period (12 months): 9.3%/year;
• The next interest periods (06 months): sum of 2.5%/year and the average of the interest rates of personal savings (deferred interest payment) with a term of 12 months (or equivalent) in VND quoted by BIDV, Vietcombank, VietinBank and Agribank on the determination date.

+ For phase 3:

• The first interest period (12 months): 10%/year;
• The next interest periods (06 months): sum of 3.2%/year and the average of the interest rates of personal savings (deferred interest payment) with a term of 12 months (or equivalent) in VND quoted by BIDV, Vietcombank, VietinBank and Agribank on the determination date.

-       Par value: 100,000 VND/bond

-       Issue price: 100% par value

-       Offering volume: 100,000,000 bonds

-       Expected issue date: from Q1.2020 to Q2.2020:

+ Phase 1: Q1.2020

+ Phase 2: Q1.2020

+ Phase 3: Q2.2020

+ Phase 4: Q2.2020

-       Bond term: 36 months

-       Issue agent and listing consultant: Techcom Securities Joint Stock Company (TCBS)

-       Registration and Depository agent: Techcom Securities Joint Stock Company (TCBS)

2. Approving to raise stake in Masan Horizon from VND 13,737,199,980,000 to VND 18,737,199,980,000, equivalent to the additional stake value of VND5,000,000,000,000).