On December 19, 2021, BIDV Securities Joint Stock Company announces the Resolution of the Extraordinary General Meeting 2021 to approve the following contents:

1)      Approving the plan for the share private placement to strategic investors for increasing charter capital:

-          Stock name: BIDV Securities Joint Stock Company

-          Stock type: common share

-          Stock code: BSI

-          Par value: VND10,000/share

-          Charter capital before the issuance: VND1,220,700,780,000

-          Number of outstanding shares: 121,570,684 shares

-          Number of treasury shares: 499,394 shares

-          Issuance purpose: to raise its charter capital

-          Offering form: private placement

-          Offering volume: 65,730,042, equivalent to 54.07% number of outstanding shares

-          Total value(at par value): VND657,300,420,000

-          Number outstanding shares after the offering (estimated): 187,300,726 shares

-          Charter capital after the offering (estimated): VND1,878,001,200,000

-          Number of investors participating in the offering: 01 (Hana Financial Investment Co., Ltd)

-          Transfer restriction: 03 years from the ending date of the offering.

-          Time of implementation: expected in 2021 – 2022, after being approved by the State Securities Commission of Vietnam (SSC).

2)      Approving the plan for using the proceeds from the offering:

Total proceeds from the share private placement will be used the following purposes:

-          To supplement capital resources for securities business activities (including: margin lending, securities investment and underwriting): expected 80% of total proceeds from the share private placement.

-          To supplement capital resources for investment in upgrading the trading platform and other legitimate business activities of the company: expected 20% of total proceeds from the share private placement.