The Board resolution dated March 11, 2022, the Board of Directors of Transimex Corporation approved the following issues:

1. Approved the report on the business result in 2021 and business plan in 2022.
2. Approved the conversion of ICD Port and Transimex Shipping Center into a Joint Stock Company.
3. Approved the transfer of a part of business activities of Transimex to member companies.
4. Approved the policy of transforming Transimex Hi Tech Park Logistics Co., Ltd. into a public company
5. Approved the change of owner of Long An Investment Company Limited.
6. Approved the increase of charter capital in Transimex Hi Tech Park Logistics Co., Ltd from VND220,000,000,000 to VND340,000,000,000.
7. Approved the investment to raise the ownership ratio at Mipec Port Joint Stock Company (MPC).
8. Approved the dossier of registration for the convertible bond issuance to existing shareholders.
9. Approved the plan for the issuance of convertible bonds to existing shareholders:

-          Bond type: convertible bond, unsecured

-          Issuance currency: VND

-          Par value: 100,000 dongs/bond

-          Offering volume: 2,000,000 bonds

-          Exercise ratio: 52.93:1 (Those who own 01 share will receive 01 right, and with every 52.93 rights will be entitled to purchase 01 bond with the price of 100,000 dongs/bond).

-          Plan for handling the fractional bonds and unsold bonds: number of distributed bonds will be rounded to units. The fractional bonds and unsold bonds will be distributed to other investors with the selling price is not less than the issuance price that decided by the Board of Directors. These bonds will be restricted in 01 year from the ending date of the issuance.

-          The rights should be transferred only once.

-          Interest rate: 6%/year

-          Offering price: 100,000 dongs/bond

-          Estimated mobilized capital amount: VND200,000,000,000

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

-          Bank for blocking depository money:

• Account holder: Transimex Corporation
• Account number: 1351 0001 0351 195
• Bank: BIDV – Gia Dinh branch.

10. Approved the establishment of Representative Office in Vinh Long.
11. Approved the plan to hold the Annual General Meeting 2022:

-          Meeting time: 8:00, April 28, 2022

-          Meeting venue: Sofitel Saigon Plaza Hotel, 17 Le Duan, Ben Nghe Ward, district 1, Ho Chi Minh.

-          Record date: April 01, 2022.