The Board resolution dated March 04, 2020, the Board of Directors of Cuongthuan Idico Development Investment Corporation approved to plan the share buyback as treasury shares as follows:

-       Number of registered shares to repurchase: 15,700,000 shares, equivalent to 24.92% number of outstanding shares

-       Purpose: to buy shares to make its treasury shares, to reduce the number of outstanding shares and to increase shareholders’ interest.

-       Trading method: order matching or put through

-       Purchase price: according to the transaction regulation at HOSE

-       Time of implementation: within 30 days after being approved by the State Securities Commission of Vietnam (SSC).