The Board resolution dated August 09, 2022, the BOD of Quoc Cuong Gia Lai Joint Stock Company approved to implement the plan for dividend payment as follows:

-          Issuance volume: 27,512,914 shares

-          Stock type: common share

-          Par value: VND10,000/share

-          Exercise ratio: 10:1 (Those who own 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 105 shares. With 10:1 exercise ratio, the shareholder A will receive: 105*1/10 = 10.5 shares. According to rounding policy, the shareholder A will receive 10 new shares and fractional shares of 0.5 share will be cancelled.

-           Time of implementation: expected in Quarter 3/2022 or Quarter 4/2022, after being approved by the State Securities Commission of Vietnam (SSC).