DECISION OF THE BOARD OF MANAGEMENT

OF VINGROUP JOINT STOCK COMPANY

(Re: Approve the issuance of additional shares for the distribution of stock dividends from the 31 December 2014 retained earnings and the expected Quarter I/ 2015 net income)

 THE BOARD OF MANAGEMENT (“BOM”) 

- Pursuant to the Charter of Vingroup Joint Stock Company (“Vingroup”);

- Pursuant to the Resolution of the 2015 General Shareholder Meeting No. 01/2015/NQ-DHDCD-VINGROUP dated 23 April 2015;

Article 1:                 To approve the issuance of additional shares for the distribution of stock dividends from the 31 December 2014 retained earnings and the expected Quarter I/ 2015 net income as follows:

- Distribution Ratio: 258 per 1000 (each eligible shareholder is entitled to receive 258 shares for every 1,000 shares he owns).

- Treatment of fractional shares: The number of shares to be distributed will be rounded to the nearest integer number of shares; fractional shares (if any) will be cancelled.

For example: Shareholder Nguyen Van A, who owns 789 VIC shares, will be eligible to receive 789*258/1,000 = 203.562, which would be rounded down to 203 VIC shares.

The positive difference in value between Vingroup’s retained earnings and the total par value of shares actually distributed to eligible shareholders will remain as retained earnings of Vingroup.

- Total number of outstanding shares:                 1,458,788,685 shares

- Total expected number of shares to be issued:   376,367,480[1] shares

- Type of share:                                                     ordinary share

- Par value:                                                            VND10,000/share

- Expected total number of shares after the additional issuance of shares: 1,835,156,165 shares

- The Charter capital after the issuance (at par value) is expected to increase to VND18,351,561,650,000 (eighteen trillion, three hundred fifty one billion, five hundred sixty one million, and six hundred fifty thousand dongs).

Article 2:        Authorization to implement

Assign the Legal Representative of Vingroup to carry out the necessary procedures for the issuance of additional shares for the distribution of stock dividends in compliance with statutory regulations.

 Article 3: Effective date

This Decision takes effect from the date of signing.

The Executive Committee and related departments shall be responsible for implementation of this Decision.

                                                                        FOR AND ON BEHALF OF THE BOARD

      CHAIRMAN

  (signed & sealed)

                                                                                              PHAM NHAT VUONG