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: 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).