VDP: Board resolution on issuing shares through private placement

On May 29, 2023, the Board of Directors of Vidipha Central Pharmaceutical Joint - Stock Company approved to continue the private placement of shares to raise its capital, as follows: -          Stock: Stock of Vidipha Central Pharmaceutical Joint - Stock Company -          Stock type: common stock -          Par value: VND10,000/share -          Offering price: VND35,880/share -          Offering volume: 1,571,000 shares -          Restriction period: 03 years from the finish of the offering -          Estimated proceeds: VND56,367,480,000. -          Estimated offering time: in 2023. The Board of Directors decided to the plan for capital usage from the private placement, as follows: No. Item Estimated disbursed amount 1 Factories, infrastructure 25,500,000,000 2 Machinery and equipment 13,300,000,000 3 Working capital 16,367,480,000   Total 56,367,480,000