The Board resolution dated October 10, 2022, the BOD of Lam Son Sugar Joint Stock Corporation approved the following contents:

1. Approved the cancellation of the plan for share public offering that issued by the Resolution of General Meeting of Shareholders dated November 06, 2021.
2. Approved the plan for stock dividend payment in 2019/2020, 2020/2021:

-          Stock name: Lam Son Sugar Joint Stock Corporation

-          Stock type: common share

-          Par value: VND10,000/share

-          Charter capital before the issuance: VND700,000,000,000

-          Number of shares issued: 70,000,000 shares

-          Number of outstanding shares: 70,000,000 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 4,550,000 shares

-          Total value of issuance (at par value): VND45,500,000,000

-          Expected stock volume after the issuance: VND745,500,000,000

-          Exercise ratio: 6.5% (100:6.5) (Those who own 100 shares will 6.5 new shares).

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.

-          For example: at the record date, shareholder A owns 1,234 shares. With 6.5% exercise ratio, the shareholder A will receive: 1,234 *6.5/100 = 80.21 shares. According to rounding policy, the shareholder A will receive 80 new shares and the fractional shares of 0.21 share will be cancelled.

Time of implementation: 2022, after being approved by the State Securities Commission of Vietnam (SSC).