On January 26, 2022, Electronics Communications Technology Investment Development Corporation announces the Resolution of Extraordinary General Meeting 2022 to approve the following contents:

1)      Approving the plan for stock issuance to raise its charter capital:

-          Stock name: Electronics Communications Technology Investment Development Corporation

-          Stock type: common share

-          Par value: VND10,000/share

-          Charter capital before the issuance: VND509,282,430,000

-          Number of shares issued: 50,928,243 shares

-          Number of outstanding shares: 50,818,648 shares

-          Number of treasury shares: 109,595 shares

-          Number of shares expected to be issued: 19,843,449 shares; Of which:

• Stock issuance to raise capital from the owner’s equity with the rate of 100:15: 7,639,236 shares
• Stock offering to existing shareholders with rate of 100:22, the offering price of VND11,500/share: 11,204,213 shares.
• Stock issuance under ESOP with the issuance price of VND10,000/share: 1,000,000 shares

-          Plan for using capital after the issuance: to supplement its working capital, invest in technology research and expand business production.

-          Issuance time: expected in 2022, after being approved by the State Securities Commission of Vietnam (SSC).

-          Stock volume after the additional issuance: 70,771,692 shares

-          Charter capital after the issuance: VND707,716,920,000.

2)      Approving the amendment, supplement of the company’s business lines.

3)      Approving the amendment, supplement of the company’s charter and the Internal Regulation on Corporate Governance.