TUG: Right issue

- Right code: MIRTUG251
- ISIN: VNMIRTUG2511 
(Effective date of code allocation: 06/05/2025; effective date of code cancellation: 09/06/2025)   
- Planned quantity of issued shares: 2,700,000 shares
- Issue price: 10,000 VND/share
- Execution rate: 1:1 (shareholders are entitled to 1 right for each share that they own and to buy 1 new share for each right)
- Principle of rounding, handling the fractional shares and unsubscribed shares (if any):
+ Principle of rounding, handling the fractional shares: due to the execution rate of 1:1, there is no fractional shares
+ Principle of handling unsubscribed shares (remaining shares) (if any):
The handling of unsubscribed shares due to shareholders' refusal to subscribe, make subscription payment:
+ The number of shares that existing shareholders do not subscribe or make payment will be authorized by the General Meeting to the Board of Directors (BOD) to distribute to other parties with offering conditions, rights and obligations not more favorable than that offered to existing shareholders (including an offering price of VND 10,000/share).
+ The number of shares that existing shareholders do not subscribe or make payment distributed by the BOD to other parties according to this Plan, will be restricted from transfer for 1 year from the date of the offering closure
+ The handling of shares that existing shareholders do not subscribe or make payment has to comply with provisions in Article 42, Decree no.155/2020/NĐ-CP dated 31/12/2020 and other conditions as stipulated in clause 2, Articel 195, Enterprise Law and other relevant provisions of prevailing laws
+ In case of selecting another investors as prescribed in Clause 3, Article 42 of Decree No. 155/2020/ND-CP dated 31/12/2020, the General Meeting authorizes the BOD to carry out necessary procedures in accordance with prevailing laws.
+ In case the distribution expires as stipulated by prevailing laws (including extension time if any) and there are undistributed shares, these shares will be removed and the BOD decides to end the offering.
Example: shareholder A who owns 123 shares is entitled to 123 rights and to buy 123*1/1 = 123 shares
- Regulations on rights transfer:
+ Time period for right transfer: from 06/05/2025 to 28/05/2025.
+ Shareholders are allowed to transfer rights to others once within the prescribed time. Transferees are not allowed to transfer to the 3rd parties.
To ensure compliance with the regulations on maximum foreign ownership ratio at TUG: Shareholders are only allowed to transfer rights to domestic investors.
- Regulations on subscription:
+ Time period for subscription and payment: from 06/05/2025 to 04/06/2025.
+ Shares are freely transferable.
- Place for implementation:
+ The holders whose shares have been deposited have to make transfer of purchase right, subscription and payment at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will make right transfer, subscription and payment at Haiphong Port Tugboat And Transport Joint Stock Company, no.4 Ly Tu Trong, Minh Khai ward, Hong Bang district, Hai Phong city
- Information on blockade account for subscription:
+ Account holder: Haiphong Port Tugboat And Transport Joint Stock Company
+ Account number: 1049584366
+ Account opening place: Vietcombank - Nam Hai Phong Branch
Schedule of processing right issue by Depository member is detailed in the attached file.