The State Securities Commission of Vietnam (SSC) granted Certificate for Offering of Covered Warrant No.127/GCN-UBCK dated November 29, 2019 to Vndirect Securities Corporation as follows:

1. Name of warrant: Warrant.VNM.VND.M.CA.T.2019.01
2. Name of underlying security: VNM
3. Issuer of underlying security: Viet Nam Dairy Products Joint Stock Company
4. Quantity of warrants registered for offering: 1,000,000 warrants
5. Conversion ratio: 2:1
6. Warrant type (call/ put): call
7. Warrant style: European-style
8. Payment method for exercise of warrants: cash
9. Duration: 3 months
10. Depository bank of collateral: Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) – Ha Thanh Branch.