ADS: Result of issuing shares to convert bonds

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.