Thanh Thanh Cong Tourist Joint Stock Company announces Board Resolution No.10/2019 dated May 10, 2019 as follows:

1. The Board of Directors approved to register to issue additional shares for stock swap with Thanh Thanh Cong Lam Dong Tourist JSC. After the merger, Thanh Thanh Cong Tourist will own 100% charter capital of Thanh Thanh Cong Lam Dong Tourist JSC.

Plan for stock issuance:

-       Stock type: common stock

-       Par value: VND10,000/share

-       Stock code: VNG

-       Number of shares to be issued: 8,962,203 shares

-       Total issue value: VND89,622,030,000.

-       Exchange ratio: 1:0.9 (those who own 01 share of Thanh Thanh Cong Lam Dong Tourist JSC on the record date will be exchanged for 0.9 VNG share)

-       Number of shares of Thanh Thanh Cong Lam Dong Tourist JSC expected for exchange: 9,958,042 shares (27.99% of outstanding shares).

2. The Board of Directors approved the Merger Agreement between Thanh Thanh Cong Tourist JSC and Thanh Thanh Cong Lam Dong Tourist JSC.
3. The Board of Directors approved the draft of Articles of Association of Thanh Thanh Cong Tourist JSC after merger.
4. The Board of Directors approved to choose a branch of Bao Minh Securities Company to be the consulting firm for stock issuance.