KOS: Resolution on the AGM 2023

On June 23, 2023, Kosy Joint Stock Company announces the resolution of annual general meeting 2023 to approve the following contents: The AGM approved the report of the Board of Directors. The AGM approved the business result in 2022: -          Total revenue: 1,343,460,401,347 dongs -          Estimated dividend: 0%. -          Profit after tax: 21,830,001,290 dongs. The AGM approved the business plan in 2023: -          Total revenue: 1,488,500,000,000 dongs -          Profit after tax: 120,000,000,000dongs -          Estimated dividend: 10%. The AGM approved the report of the Supervisory Board. The AGM approved the audited financial statements in 2022. The AGM approved the selection of the auditor for the financial statements in 2023. The AGM approved the 2022 profit allocation: No. Content Amount (VND) 1 Accumulated undistributed profit after tax until the end of 2021 91,576,103,649 2 Profit after tax in 2022 21,717,825,100 3 Undistributed profit after tax in 2020 113,293,928,749 4 To distribute funds 0 5 Dividend 0 6 Remuneration of the BOD, Supervisory Board 174,000,000 7 Retaining profit to transfer next year 113,119,928,749   The Company will not implement the 2022 dividend payment. The AGM approved the 2023 profit distribution plan. The AGM approved the remuneration of the BOD in 2022 and plan for 2023. The AGM approved the cancellation of the plan for increasing charter capital in 2022 The AGM approved the transaction agreements with related parties. Accordingly, the agreement value will be less than 35% the company’s total assets in the latest financial statements. The AGM approved the report on the use of capital (560,938,670,000 dongs) from the share public offering: -          To supplement capital to implement projects: 355,000,000,000 dongs -          To pay debts: 132,222,000,386 dongs To supplement working capital: 73,716,669,614.