On October 13, 2021, 577 Investment Corporation announces the use of treasury shares to distribute to existing shareholders with details as follows:

1)      Number of treasury shares before trading: 22,225,740 shares

2)      Number of treasury shares registered to distribute: 21,909,977 shares

3)      Distribution purpose: to reward shares to existing shareholders

4)      Distribution ratio:

-          Exercise ratio: 7:25 (Those who own 25 shares will receive 07 bonus shares.)

-          Rounding plan: will be rounded down

-          Plan to deal with fractional shares: to sell the fractional shares for Chief Executive Officer under ESOP with VND10,000/share (less than 500,000 shares)

For example: at the record date, shareholder A owns 10 shares will receive 2.80 bonus shares (10/25*7). According to rounding policy, the shareholder A will receive 02 shares and fractional shares of 0.80 will be sold for Chief Executive Officer under ESOP with VND10,000/share.

5)      Time of implementation:

-          Record date: November 03, 2021

6)      Trading method: none