ACB: Stock issuance to pay dividend for 2021

   On May 24, 2022, Asia Commercial Joint Stock Bank announces the stock issuance to pay dividend for 2021 as follows:

-          Stock name: Asia Commercial Joint Stock Bank

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 2,701,948,075 shares

-          Number of outstanding shares: 2,701,948,075 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 675,487,019 shares

-          Total value (based on par value): 6,754,870,190,000 dongs

-          Issue ratio: 25% (Shareholder who owns 100 shares will receive 25 new shares).

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.

-          For example: at the record date, shareholder A owns 95 shares. With 25% exercise ratio, the shareholder A will receive: 95 *25/100 = 23.75 shares. According to rounding policy, the shareholder A will receive 23 new shares and the fractional shares of 0.75 share will be transferred to Trade Union of Asia Commercial Joint Stock Bank.

-          Record date: June 03, 2022.

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