Refrigeration Electrical Engineering Corporation has received the public tender offer for REE shares from Platinum Victory Pte. Ltd. as follows:

1. Bidder: Platinum Victory Pte. Ltd.
2. Information about the public tender offer:

-       Target company: Refrigeration Electrical Engineering Corporation

-       Number of REE shares owned by REE before trading: 77,211,503 shares (24.9% of REE’s charter capital)

-       Number of REE shares expected for purchase: 31,346,949 shares (10.11% of REE’s charter capital)

-       Number of REE shares owned by REE after trading: 108,558,452 shares (35.01% of REE’s charter capital)

-       Estimated buying price: VND45,000/share

After reviewing the documents of Platinum Victory Pte. Ltd., the Board of Directors of Refrigeration Electrical Engineering Corporation voted and agreed on the public tender offer from Platinum Victory Pte. Ltd..