VINGROUP JOINT STOCK COMPANY
RESOLUTION OF THE BOARD OF DIRECTORS
OF VINGROUP JOINT STOCK COMPANY
(Re: Approve the increase in Charter Capital as a result of the issuance of additional shares for the distribution of stock dividends and supplement the business lines of the Company)
THE BOARD OF MANAGEMENT (“BOM”)
- Pursuant to the Vietnamese Enterprise Law;
- Pursuant to the Charter of Vingroup Joint Stock Company (“Vingroup”);
- Pursuant to the Resolution of the 2016 General Shareholder Meeting No. 01/2016/NQ-DHDCD-VINGROUP dated 22nd April 2016;
- Pursuant to the Report of the Vingroup’s Chief Executive Officer on the results of the share issuance for the distribution of stock dividends dated 07 July 2016.
RESOLVES THAT:
Article 1. To increase the Charter Capital of Vingroup as follows:
1. Registered charter capital: VND 19,398,548,510,000
2. Increased amount: VND 2,133,799,410,000
3. Amended charter capital (upon the increase): VND 21,532,347,920,000
(In words: Twenty one trillion five hundred thirty two billion, three hundred and forty seven million, nine hundred and twenty thousand dongs)
4. Date of amendment: 07 July 2016
5. Form of charter capital increase: issuance of additional shares for the distribution of stock dividends.
6. Upon the increase of charter capital, the shareholding structure shall be changed as follows:
| No.
| Name of Shareholder | Total number of shares upon the increase in charter capital (share) | Total value of the shareholding upon the increase in charter capital (VND) | Percentage of the shareholding (%) |
| 1 | Pham Hong Linh (founding shareholder) | 8,184,259 | 81,842,590,000 | 0.38 |
| 2 | Other shareholders | 2,145,050,533 | 21,450,505,330,000 | 99.62 |
|
| Total | 2,153,234,792 | 21,532,347,920,000 | 100 |
Article 2. To supplement the business lines of the Company
Supplementing the following business lines:
| No. | Additional Registered Business Lines | Code |
| | Information gateway Detail: Establish e-news website, social networking, e-commerce, online promotion website, e-trading platform (authorized only).
| 6312
|
| | News activities Detail: Provide news for media agencies and organizations. | 6321 |
| | Uncategorized media services - Information services via telecommunication; - Information search services by contract or fee-based; - Other information/news editing services … | 6329 |
| | Market research and social opinion polls services (except those prohibited by the government and investigation Service); | 7320 |
| | Computing consultancy and IT management Detail: - Design and setup computing system including hardware, software and communication technology - Provide hardware, software; - Setup system, provide training and customer support services; - System and/or data management services for client; - Other specialized services related to computer | 6202 |
| | Data processing and other services Detail: - Data processing and related services including: web hosting, streaming services and cloud service - Provide mainframe application services to clients; - Data services including output reports from client’s raw input or automated data processing | 6311 |
| | IT and other services related to computer Detail: Uncategorized IT services: repairing services and software installation services | 6209 |
Article 3. Amendment to the current Vingroup Charter to be compatible with the aforementioned shareholding structure, as follows:
Amending Article 4 of the Vingroup Charter regarding the Scope of Activities and Schedule 2 regarding the Details of Vingroup Charter Capital.
Assigning the Legal Representative of Vingroup to complete and execute the issuance of the amended Schedules in the current Vingroup Charter, which has been updated with the revised content mentioned above.
Article 4. Implementation authority
Assigning the Legal Representative of Vingroup and/or other person authorised by the Legal Representative to execute documents and carry out the necessary procedures for registration of the increased charter capital and the additional business lines of the Company, depository and listing of additional shares issued for the distribution of stock dividends, as approved, at the State Securities Commission, the Business Registration Office, Ho Chi Minh City Stock Exchange, Vietnam Securities Depository and other relevant competent agencies.
Article 5. Effective date
This Resolution takes effect from the date of signing.
The Board of Directors, the Management, and relevant departments in Vingroup shall be responsible for implementation of this Decision.
| Recipients: - As Article 5; - For archive. | FOR AND ON BEHALF OF THE BOARD CHAIRMAN
(signed & sealed)
PHAM NHAT VUONG
|