On March 22, 2023, Damsan Joint Stock Company reports the result of issuing shares to convert bonds with details as follows:

1)      Plan for issuing shares to convert bonds:

-          Bond name: Damsan Joint Stock Company

-          Bond code: ADSH2224001

-          Conversion volume: 700,000 bonds

-          Convertible ratio: 1:100 (01 bond will be converted into 100 shares)

-          Stock name: Damsan Joint Stock Company

-          Stock type: common share

-          Expected issue volume: 7,000,000 shares

-          Convertible price: 10,000 dongs/share

-          Convertible date: March 21, 2023

-          Time for transferring shares: expected in Quarter 2/2023

-          Transfer restriction: none

2)      Result:

-          Number of shares issued: 7,000,000 shares, equivalent to 100% total shares expected to be issued

-          Total shares after the issuance (March 21, 2023): 50,779,034 shares; Of which:

+ Number of outstanding shares: 50,779,034 shares

+ Number of treasury shares: 0 share.