According to the Board resolution dated January 27, 2021, the Board of Directors of Vietnam Container Shipping Joint Stock Corporation approved the following issues:

1)      Profit and loss in 2020:

−        Revenue: 1,688.47 billion dongs

−        Profit before tax: 334.91 billion dongs

2)      Profit and loss targets for 2021:

−        Revenue: 1,700 billion dongs

−        Profit before tax: 335 billion dongs

If the Covid-19 pandemic has exacerbated the situation and the MT tanks continues to be in serious shortage, the targets will be adjusted as follows:

−        Revenue: 1,485 billion dongs

−        Profit before tax: 296 billion dongs

3)      Convening the 2021 Annual General Meeting of Vietnam Container Shipping Joint Stock Corporation:

-          Exercise ratio: 01 share – 01 voting right

-          Meeting date: late March 2021

-          Meeting venue: will be noticed

-          Record date: February 23, 2021

4)      Approving the cash dividend payment ratio for 2020 to be 20%/charter capital and for 2021 to be 20%/charter capital. The dividend payment will be submitted to the 2021 Annual General Meeting.

5)      Approving to plan to raise VSC’s charter capital up to more than 1,100 billion dongs by issuing shares to the existing shareholders with an exercise ratio of 1:1. The plan will be submitted to the 2021 Annual General Meeting.