The Board resolution dated May 09, 2019, Hoa Phat Group Joint Stock Company approved the following issues:

1. The Board of Directors approved to issue shares to pay dividend for 2018:

-       Stock name: Hoa Phat Group Joint Stock Company

-       Stock code: HPG

-       Stock type: common share

-       Par value: 10,000 dongs

-       Exercise ratio: 30% (Shareholder who owns 10 shares will receive 03 new shares.)

-       Number of shares expected to be issued: 637,172,149 shares

-       Total value (based on par value): VND6,371,721,490,000

-       Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.

-       For example: At the record date, shareholder A owned 123 shares. With 30% performing ratio, the shareholder A will receive: 123 *30/100 = 36.9 shares. According to rounding policy, the shareholder A receives 36 new shares. The fractional shares of 0.9 will be cancelled.

-       Time of implementation: May 2019 or June 2019.

2. The Board of Directors approved 100,000,000 shares of Mr. Tran Dinh Long (Chairman of BOD of HPG) to guarantee a loan for Hoa Phat Dung Quat Steel JSC at VietcomBank to supplement working capital for production and business activities with a credit limit of VND 1,700 billion.