The Board resolution dated April 20, 2021, the Board of Directors of Ha Noi South Housing And Urban Development Corporation approved the following issues:

1)      Approving the implementation of the stock issuance plan to raise its charter:

-          Stock name: Ha Noi South Housing And Urban Development Corporation

-          Stock type: common share

-          Par value: 10,000 dongs/share

-          Issue price: 10,000 dongs/share

-          Number of outstanding shares: 24,144,965 shares

-          Number of shares expected to be issued: 3,621,744 shares

-          Exercise ratio: 15%

-          Total value of issue (estimated): VND 36,217,440,000

-          How to deal with fractional shares: The number of newly issued shares bought by each existing shareholder will be rounded down. The fractional shares will be cancelled.

-          Purpose of using capital: to supplement working capital

-          The new shares are freely transferable.

-          Issue time: after being approved by the State Securities Commission of Vietnam (SSC).

2)      Approving the dossier of registration for stock issuance to raise capital.