ADS: Plan for stock issuance to pay dividend in 2022

On May 10, 2023, the BOD of Damsan Joint Stock Company approved to implement the plan for stock issuance to pay dividend in 2022 as follows: -          Stock name: Damsan Joint Stock Company -          Stock code: ADS -          Stock type: common share -          Par value: VND10,000/share -          Number of shares expected to be issued: 7,616,855 shares -          Total value of issuance (at par value): VND76,168,550,000 -          Exercise ratio: 15% (100:15) (Those own who 100 shares will receive 15 new shares) -          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled -          Transfer restriction: none -          Estimated time of implementation: 2023, being approved by the State Securities Commission of Vietnam (SSC).