The Board resolution dated May 26, 2022, the BOD of VietNam Prosperity Joint Stock Commercial Bank approved the plan for stock issuance under ESOP from the source of treasury shares. Details as follows:

-       Stock name: VietNam Prosperity Joint Stock Commercial Bank

-       Stock type: common share

-       Stock code: VPB

-       Par value: 10,000 dongs/share

-       Number of shares issued: 4,505,692,987 shares; including 4,445,473,387 common shares and 60,219,600 treasury shares

-       Number of outstanding shares: 4,445,473,387 shares

-       Number of treasury shares: 60,219,600 shares

-       Number of shares expected to be offered from the source of treasury shares: 30,000,000 shares

-       Offering price: 10,000 dongs/share

-       Total value (at par value): VND 300,000,000,000

-       Issue ratio: 0.675%

-       Issue price: VND10,000/share

-       These shares will be restricted in 03 years from the finish date of the issuance.

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

-       Bank for blocking depository money:

+ Account holder: VietNam Prosperity Joint Stock Commercial Bank

+ Account number: 124 10 00 6053660

+ Bank: BIDV – Hoan Kiem branch.

Total proceeds after the issuance of VND 300,000,000,000 (estimated) will be used to supplement its working capital.