The Board resolution dated May 15, 2023, the BOD of First Real Joint Stock Company approved the plan for stock issuance to pay stock dividend for 2023 for the existing shareholders. Details are as follows:

-          Stock name: First Real Joint Stock Company

-          Stock code: FIR

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of issued shares: 53,537,860 shares

-          Number of outstanding shares: 53,537,860 shares

-          Number of treasury shares: 0

-          Number of shares expected to be issued: 10,707,572 shares

-          Total value (based on par value): 107,075,720,000 dongs

-          Exercise ratio: 20% (shareholder who owns 100 shares will receive 20 new shares).

-          Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fraction/al shares due to rounding down will be cancelled.

-          Time of implementation: expected from May to September 2023 after being approved by the State Securities Commission of Vietnam (SSC).