On April 26, 2022, Refrigeration Electrical Engineering Corporation announces the stock issuance to pay dividend as follows:

-          Stock name: Refrigeration Electrical Engineering Corporation

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 310,058,841 shares

-          Number of outstanding shares: 309,050,926 shares

-          Number of treasury shares: 1,007,915 shares

-          Number of shares expected to be issued: 46,357,639 shares

-          Total value (based on par value): 463,576,390,000 dongs

-          Issuing ratio: 100:15 (Those who owns 100 shares will receive 15 new shares).

-          Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.

-          Record date: May 18, 2022.