The Board resolution dated July 02, 2020, the BOD of HVC Investment and Technology Joint Stock Company approved the following issues:

1)      Approving the plan to issue shares for 2019 dividend payment:

-          Stock name: HVC Investment and Technology Joint Stock Company

-          Stock type: common share

-          Par value: VND 10,000/share

-          Number of shares issued: 20,000,000 shares

-          Number of outstanding shares: 19,500,000 shares

-          Number of treasury shares: 500,000 shares

-          Number of registered shares to issue: 1,950,000 shares

-          Total value (based on par value): VND 19,500,000,000

-          Issue ratio: 10% (shareholder who owns 10 shares will receive 01 new share).

-          Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.

-          Time of implementation: Q3.2020 after being approved by the State Securities Commission of Vietnam (SSC).

2)      Approving the dossier of stock issuance to pay dividend for 2019:

-          Report on stock issuance to pay dividend for 2019;

-          Resolution of the Annual General Meeting 2020 (attach Proposal on the issuance);

-          Consolidated and Separate audited financial statements in 2019;

-          Other documents (if any).