On December 09, 2020, Viet Nam Electrical Equipment Joint Stock Corporation announces the selling of treasury shares as follows:

1)      Plan for selling treasury shares:

-   Number of treasury shares before trading: 18,274,950 shares

-   Number of shares registered to sell: 12,000,000 shares

-   Purpose: to supplement its working capital.

-   Trading method: to transfer rights via the Vietnam Securities Depository (VSD)

-   Selling price: VND 12,000/share.

2)      Plan for using treasury shares to sell its employees:

-   Stock name: Viet Nam Electrical Equipment Joint Stock Corporation

-   Stock type: common share

-   Par value: VND 10,000/share

-   Number of shares issued: 488,244,000 shares

-   Number of outstanding shares: 469,969,050,000

-   Number of treasury shares: 18,274,950 shares

-   Number of shares expected to be issued: 12,000,000 shares

-   Total value of issue (based on par value): VND 120,000,000,000

-   Issue ratio: 2.55%

-   These shares will be restricted in 03 years from the finish date of the issuance.

-   Expected execution time: from December 21, 2020 to January 19, 2021.