VPB: Plan for stock issuance under ESOP

The Board resolution dated June 14, 2023, the BOD of VietNam Prosperity Joint Stock Commercial Bank approved the share issuance under ESOP plan with details as follows: -         Stock name: VietNam Prosperity Joint Stock Commercial Bank -         Stock type: common share -         Par value: 10,000 dongs/share -         Number of shares issued: 6,743,423,601 shares -         Number of outstanding shares: 6,713,204,001 shares -         Number of treasury shares: 30,219,600 shares -         Number of shares expected to be issued: 30,219,600 shares -         Total value of issuance (at par value): VND302,196,000,000 -         Offering price: VND10,000/share -         Issuance ratio: 0.45% -         These shares will be restricted in 03 years from the ending of the issuance. -         Time of implementation: expected in Quarter 2/2023 or Quarter 3/2023, after being approved by the State Securities Commission of Vietnam (SSC). -         Plan for using capital from the offering: the estimated proceeds of VND302,196,000,000 will be used to supplement working capital. Plan for the fractional shares handle: the unsold shares will be decided by the Board of Directors to distribute to other employees with the selling price of VND10,000/share.