ASP: Resolution of Annual General Meeting of Shareholders 2015

An Pha Petroleum Group Joint Stock Company announced the resolution of the 2015 annual general meeting of shareholders (GSM) dated April 24, 2015 as follows:

Article 1: GSM approved reports:

-         Report of the Board of Directors

-         Report of the Senior management

-         Report of the Board of Supervisors

Article 2: GSM approved the 2014 audited financial statements

Article 3: GSM approved plan for 2014 profit distribution and 2015 dividend as follows:

-         Undistributed profit at December 31, 2014: VND12,114,508,554

-         2014 Dividend: 3% (VND300/share) or VND11,201,862,600. Authorized the Board of Directors to choose time

-         Plan for 2015 dividend: 7% (VND700/share)

Article 4: GSM approved business plan for 2015 with targets:

-         LPG products: 90,000 tons

-         Revenue: VND2,000 billion

-         Profit after tax: VND30 billion

Article 5: GSM authorized the Board of Directors to choose an auditing firm for fiscal year 2015 in 02 auditing firm: (CPA Viet Nam, A&C).

Article 6:  GSM approved remuneration of the Board of Directors, the Board of Supervisors in 2015:

-         A member of Board of Directors: VND6,000,000/month

-         A member of Board of Supervisors: VND3,000,000/month

Article 7: GSM approved change headquarter from D1-14, My Giang 2 city block, Tan Phong Ward, District 7, HCMC to Room 805, 8^th floor, Paragon Saigon Tower, No. 03 Nguyen Luong Bang Street, Tan Phu Ward, District 7, HCMC

Article 8: GSM approved to amend the company’s regulation

Article 9: GSM approved the resignation of Mr. Le Xuan Hoang and Mr. Nguyen Huu Tuyen from position of member of the Board of Directors. 07 members of the Board of Directors were elected for the term (2013-2017):

-         Mr. Tran Minh Loan

-         Mr. Nguyen Hong Hiep

-         Mr. Hirohisa Ikeno

-         Mr. Tomohiko Kawamoto

Article 10: Members of the Board of Supervisors were elected for the term 2013-2017: 04 members including:

-         Mr. Vu Thanh Hoa

-         Mr. Ngo Tien Dung

-         Ms. Tran Thi Thanh Hang

-         Additional appointment of 01 new member

Article 11: GSM approved the result of new appointment to the Board of Directors and the Board of Supervisors:

-         Mr. Yoshinori Yoshida: a member of the Board of Directors

-         Mr. Torizuka Hiroyuki: a member of the Board of Supervisors

Article 12: GSM approved that the BOD Chairman concurrently holds the position of Director General.

HOSE

>   UDC: Resolution of AGM 2015 (06/05/2015)

>   PAN: Resolution of AGM 2015 (06/05/2015)

>   VNH: Notice of the second of 2015 AGM (06/05/2015)

>   PNJ: Setting up a Branch (06/05/2015)

>   HDC: Announcement of changes in business license (06/05/2015)

>   DXG: Notice of adjustment of profit distribution plan 2015 (06/05/2015)

>   HSG: Setting up Branches (06/05/2015)

>   PTK: Notice of time and venue of AGM 2015 (07/05/2015)

>   KTB: Notice of time and venue of AGM 2015 (07/05/2015)

>   HHS: Notice of time and venue of AGM 2015 (07/05/2015)