On May 23, 2022, Nam Kim Steel Joint Stock Company announces the stock issuance to pay dividend to existing shareholders with details as follows:

-          Stock name: Nam Kim Steel Joint Stock Company

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 219,398,568 shares

-          Number of outstanding shares: 219,398,568 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 43,879,713 shares

-          Total value (based on par value): 438,797,130,000 dongs

-          Exercise ratio: 100:20 (Shareholder who owns 100 shares will receive 20 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 101 shares. With 100:20 exercise ratio, the shareholder A will receive: 101 *20/100 = 20.2 shares. According to rounding policy, the shareholder A will receive 20 new shares and the fractional shares of 0.2 share will be cancelled.

-          Record date: June 06, 2022.