ELC: Payment of 2024 stock dividend

- Exercising ratio: 100:5 (shareholder owning 100 shares is entitled to 5 new shares).
- Principle of rounding and principle of handling fractional shares: After being multiplied by the exercising ratio, the number of issued shares will be rounded down to the whole number, the decimal fraction (if any) will be cancelled.
For example: Shareholder A owns 2,597 shares, with the exercise ratio of 100:5, the number of shares that shareholder A receives is: 2,597 x 5/100 = 129.85 shares. According to the rounding principle above, the number of new shares that shareholder A receives is 129 shares. The number of fractional shares (0.85 shares) will be cancelled.
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive dividend at the Company's Headquarters - Elcom Building, Duy Tan Street, Cau Giay Ward, Hanoi City on working days of the week. ID cards  have to be presented.
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC