ST8: Resolution of 2014 AGM

Sieu Thanh Joint Stock Corporation (SIEU THANH CORP) announced a resolution of the 2014 annual general meeting of shareholders as follows:

Article 1: Approving the 2013 operation report and the 2014 plan of the BOD.

Article 2: Approving the 2013 business report and the 2014 plan:

-  The 2013 business results:

·         Net revenue: 814.3 bil. dongs

·         Profit before tax: 69.2 bil. dongs

·         Profit after tax: 51.6 bil. dongs

-  The 2014 plan:

·         Net revenue: 1,206 bil. dongs

·         Profit before tax: 90 bil. dongs

·         Profit after tax: 72 bil. dongs

-  The 2013 dividend were paid in 02 times:

·         First dividend in cash: 11.9 bil. dongs (10%)

·         Second dividend in cash: 11.9 bil. dongs (10%) and by shares: 594,845 shares (5%)

Article 3: Approving audited in 2013.

Article 4: Approving the 2013 operation report and the 2014 plan of the Supervisory Board.

Article 5: Authorizing the BOD to choose an auditing company in fiscal year 2014.

Article 6: Approving a resignation of a member in the BOD.

Article 7: Approving a resignation of the CEO.

Article 8: Approving supplement of member to the BOD in term 2013-2018.

Article 9: Approving appointment of the Chairman of the BOD to the CEO.

Article 10: Approving appointment of finance director cum the Chief Accountant.

Article 11: Approving the 2013 & 2014 remuneration for the BOD & the Supervisory Board:

-  The 2013 remuneration: 492 mil. dongs

-  The 2014 remuneration:

·         Chairman of the BOD: 18 mil. dongs / month

·         Deputy Chairman of the BOD: 15 mil. dongs / month

·         Other members in the BOD: 13 mil. dongs / month

·         Head of the Supervisory Board: 6 mil. dongs / month

·         Other members in the Supervisory Board: 3 mil. dongs / month

Article 12: Approving adjustment of the company’s regulation:

-  Coding the company’s business under Vietnam business classification system.

-  Increasing charter capital from 119,579,020,000 dongs to 125,525,230,000 dongs.

-  Authorizing the BOD to implement the adjustment.

Article 13: Approving the dividend payment plan in 2014: the minimum dividend in cash: 10% and by shares: 10%.

Article 14: Authorizing the BOD to joint capital, or withdrawal capital, or trade assets worth under 50% of charter capital.

Article 15: Authorizing the BOD to approve loans or act as guarantee under 20% charter capital for members of the BOD, the Supervisory Board and the Management Board.

Article 16: Assigning Mr. Yung Cam Meng – legal representative to implement the resolution.

Article 17: The resolution is valid as from 28 Apr. 2014.

HOSE

>   SHI: Setting up a Branch (28/05/2014)

>   AGF: Explanation for business result in Quarter 1/2014 (28/05/2014)

>   DAS: DAS adjusts the decision on branch establishment (28/05/2014)

>   HAS: Resolution of Annual General Meeting 2014 (28/05/2014)

>   BID: Report on the use of proceeds from the issuance (28/05/2014)

>   CMV: Information on the 2014 Annual General Meeting of Shareholders (28/05/2014)

>   LCM: Notice of the 3nd of 2014 AGM (28/05/2014)

>   SBC: Notice of the 2014 AGM (28/05/2014)

>   VTL: Financial Statement (from 01.01.2014 to 31.03.2014) (28/05/2014)

>   VTL: Financial Statement (from 01.01.2014 to 31.03.2014)(holding company) (28/05/2014)