On January 27, 2022, Southern Hydropower Joint Stock Company reports the result of stock issuance for dividend payment to existing shareholders as follows:

     I.                        Information on stock:

1)      Stock name: Southern Hydropower Joint Stock Company

2)      Stock code: SHP

3)      Stock type: common share

4)      Par value: 10,000 dongs/share

5)      Number of shares issued: 93,710,200 shares

6)      Number of outstanding shares: 93,710,200 shares

7)      Number of treasury shares: 0 share

8)      Number of shares expected to be issued: 7,496,816 shares

9)      Exercise ratio: 100:8 (Those who own 100 shares will receive 08 new shares)

10)  Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.

11)  Ending date: January 21, 2022

12)  Time for transferring shares: expected in March 2022.

  II.                        Result:

1)      Number of distributed shares: 7,496,152 shares; Of which:

-           Number of distributed shares to shareholders according to the rate: 7,496,152 shares for 3,055 shareholders;

-          Number of fractional shares: 664 shares (These shares will be cancelled).

2)      Total shares after the issuance (January 21, 2022): 101,206,352 shares; Of which:

-          Number of outstanding shares: 101,206,352 shares

-          Number of treasury shares: 0 share.