THE 2022 GENERAL MEETING OF SHAREHOLDERS – TIN NGHIA CORPORATION - TO FOCUS ON QUALITY OF GROWTH HEADING TOWARDS THE 2021-2026 TARGET

In the morning of 17 June 2022, Tin Nghia Corporation (TNC) organizes the online 2022 General Meeting of Shareholders hosting at the company’s head office (96 Ha Huy Giap street, Quyet Thang ward, Bien Hoa city, Dong Nai province ).

Guests attending the meeting include Mrs. Nguyen Thi Thanh Yen - Deputy Director of the Provincial Party Committee Office, Mrs. Pham Thi Tuyen - Financial Manager of Provincial Party Committee, representatives of Dong Nai Provincial Party Committee and representative of PCW (Vietnam) Co., Ltd – the independent audit entity.

For Tin Nghia Corporation, presences include Mrs. Dang Thi Thanh Ha – BOD Chairman, Mr. Nguyen Van Hong – BOD member and CEO, Mr. Tran Nhat Tan –Head supervisor and members of the BOD, the supervisor committee, the corporate management and shareholders, and legal authorized persons..

The Meeting received high consensus from the voting results of shareholders on issues within the approval subject to the competence of the General Meeting of Shareholders under the law. Some notable are as follows:

The Meeting agreed to approve the business operation plan for 2022 targeting consolidated revenue of 9,000 billion VND and consolidated profit after tax of 400 billion VND, or 121% and 106% respectively over the same period.

The Meeting approved the 2021 profit distribution plan of TNC, agreed to pay cash dividends in 2021 at the rate of 10% with expected dividend in 2022 at least 10% of par value.

In addition to approving amendments and supplements to the Charter, the Internal Regulations on corporate governance, the Regulation of the BOD so as to improve the corporate governance, strengthen risk management in accordance with the current laws and the actual situation at TNC, the Meeting does agree to elect Mr. Tran Trung Tuan - Deputy General Director of TNC as a new member of BOD to replace Mr. Quach Trong Nguyen – BOD member who submitted resignation letter in May 2022.

Notably in the content of the 2022 Annual General Meeting, the BOD does submit to the General Meeting of Shareholders for approval of plan for issuance of shares to increase charter capital from 2,000 billion VND to 2,500 billion VND in order to raise capital for investment in developing Ong Keo industrial park. This also becomes a special interest of TNC in 2022 in order to prioritize resources for investment needs, and actively exploit the land fund of existing projects and expand industrial park infrastructure and real estate in addition to maintaining the growth target in order to maintain the scale and enhance the position and brand value of TNC.

Under the meeting program, the boarding person discusses with investors and shareholders about the implementation of projects in the realm of industrial estates and real estates, the plan to list shares on the HCM City Stock Exchange…

Given the business operational contents approved by the 2022 Annual General Meeting of Shareholders, TNC is strongly confident in achieving the main goal of sustainable and effective development in the main business lines of the holding company and affiliates, preparing resources for long-term development goals, going on with the 5-year plan (2021-2026) as successfully implemented in the past year.