The Board resolution dated May 10, 2023, the BOD of Orient Commercial Joint Stock Bank approved the plan for stock issuance to existing shareholders to implement capital increase according to the Resolution of General Meeting of Shareholders dated April 28, 2023. Details are as follows:

-          Stock name: Orient Commercial Joint Stock Bank

-          Stock type: common share

-          Par value: VND10,000/share

-          Number of shares issued: 1,369,882,863 shares

-          Number of outstanding shares: 1,369,882,863 shares

-          Number of treasury stock: 0 share

-          Number of shares expected to be issued: 684,941,431 shares

-          Total value of issuance (at par value): VND6,849,414,310,000

-          Exercise ratio: 50% (02:01) (Those own who 02 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

-          Estimated time of implementation: 2023, being approved by the State Securities Commission of Vietnam (SSC).