HAX: Plan for stock issuance to pay dividend in 2022

The Board resolution dated May 04, 2023, the BOD of Hang Xanh Motors Service Joint Stock Company approved the following issues:

1. Approved the plan to pay stock dividend for 2022:

-          Stock name: Hang Xanh Motors Service Joint Stock Company

-          Stock code: HAX

-          Stock type: common share

-          Par value: VND10,000/share

-          Number of outstanding shares: 71,943,434 shares

-          Number of shares expected to be issued: 17,985,858 shares

-          Total value of issuance (at par value): VND179,858,580,000

-          Exercise ratio: 25% (04:01) (Those own who 04 shares will receive 01 new share)

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

-          Transfer restriction: none

-          Estimated time of implementation: being approved by the State Securities Commission of Vietnam (SSC).

HOSE

>   FRT: Plan for 2022 cash and stock dividend payment (09/05/2023)

>   VAF: Notice of the record date for the 2022 dividend payment (09/05/2023)

>   VNL: BoD approves to issue shares the dividend payment (09/05/2023)

>   DRL: RECORD DATE FOR CASH DIVIDEND OF 2022 (09/05/2023)

>   THI: RECORD DATE FOR CASH DIVIDEND OF 2022 (09/05/2023)

>   VCI: RECORD DATE FOR CASH DIVIDEND OF 2022 (09/05/2023)

>   OPC: Notice of record date for dividend payment (08/05/2023)

>   DHC: The record date for the 2023 AGM and dividend payment (08/05/2023)

>   DHC: The record date for the 2023 AGM and dividend payment (08/05/2023)

>   MDG: The record date for the 2022 dividend payment (08/05/2023)