On July 13, 2022, Lizen Joint Stock Company announces the stock issuance to pay dividend as follows:

-          Stock name:   Lizen Joint Stock Company

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 174,404,824 shares

-          Number of outstanding shares: 172,404,486 shares

-          Number of treasury shares: 2,000,338 shares

-          Number of shares expected to be issued: 17,240,448 shares

-          Total value (based on par value): 172,404,480,000 dongs

-          Issue ratio: 10% (10:1) (Shareholder who owns 10 shares will receive 01 new share).

-          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 10% exercise ratio, the shareholder A will receive: 101 *10/100= 10.1 shares. According to rounding policy, the shareholder A will receive 10 new shares and the fractional shares of 0.1 share will be cancelled.

-          Record date: August 10, 2022.