According to the Board resolution dated September 23, 2020, the Board of Directors of Everland Group Joint Stock Company approved to adjust the exercise ratio for shareholders in the public offering as follows:

-          Content before adjustment: Exercise ratio: 12:9 (Those who own 01 share will receive 01 right, and with every 12 rights will be entitled to buy 09 new shares). The number of shares offered to existing shareholders will be rounded to units, the fractional parts (if any) will be rounded to zero.

-          Content after adjustment: Exercise ratio: 4:3 (Those who own 01 share will receive 01 right, and with every 04 rights will be entitled to buy 03 new shares). The number of shares offered to existing shareholders will be rounded to units, the fractional parts (if any) will be rounded to zero.