The Board resolution dated May 12, 2023, the BOD of EVN Finance Joint Stock Company approved the following contents:

1)      Approved the plan to increase its charter capital from the share issuance to existing shareholders:

-          Stock name: EVN Finance Joint Stock Company

-          Stock code: EVF

-          Stock type: common share

-          Par value: VND10,000/share

-          Number of shares expected to be issued: 351,064,031 shares

-          Total value of issuance (at par value): VND3,510,640,310,000

-          Offering price: VND11,000/share

-          Exercise ratio: 1:1 (Those who own 01 share will receive 01 right, and with every 01 right will be entitled to purchase 01 new share)

-          The rights should be transferred only once

-          Plan to deal with fractional shares: due to the exercise ratio 1:1, so there are no fractional shares

-          Plan to deal with the unsold shares: These shares (if any) will be decided by the Board of Directors to distribute to other investors with the selling price is not less than the offering price. These shares will be restricted in 01 year from the ending date of the offering.

-          Time of implementation: expected in 2023.

2)      Approved the plan to use capital from the offering:

Total expected proceeds from the offering will be used to grow the scale of financial services.

3)      Approved the dossier of registration for the share public offering.