Information disclosure on the issuance of ESOP shares

INFORMATION DISCLOSURE ON THE ISSUANCE OF SHARES
UNDER EMPLOYEE STOCK OWNERSHIP PLAN

I. Introduction on the Issuer:

1. Name of the Issuer (full name): SAIGON SECURITIES INCORPORATION
2. Transaction name: Saigon Securities Incorporation
3. Head office address: 72 Nguyen Hue, Ben Nghe Ward, District 1, Ho Chi Minh City
4. Telephone: 028-38242897                             Fax: 028-38242997
5. Symbol code: SSI
6. Charter capital: VND5,000,636,840,000
7. Opening account at: Saigon Securities Inc.                            Trading account No.: 003P888888
8. Legal basis for business operation:

• Business license No. 03/GPHDKD issued by the State Securities Commission on 05/4/2000, which has been latest amended and supplemented by Amended Business License No. 10/GPDC-UBCK dated January 30, 2018
• Business lines: Securities Brokerage, Securities Propriety Trading, Securities Underwriting, Securities Investment Consultancy, Securities Depository, Derivative Securities Business,
• Main product/service: Securities Brokerage, Securities Propriety Trading, Securities Underwriting, Securities Investment Consultancy, Securities Depository, Derivative Securities Business, Clearing and Payment Services for Derivative Securities Transactions
• Total business capital: VND 9,148,792,338,440  (Source: owner’s equity under the reviewed consolidated Financial Statements as at June 30, 2018)

II. Purpose of the issuance

For the purpose of long-lasting cooperation between Employees and the Company and to raise additional working capital for the Company according to Article 9 of the Resolution No. 02/2018/NQ-ĐHĐCĐ dated April 20, 2018 of the General Meeting of Shareholders of Saigon Securities Inc.

III. The plan of issuing shares under employee stock ownership plan

1. Name of share: Saigon Securities Incorporation share
2. Type of share: ordinary share
3. Par value: VND10,000/share
4. Number of issued shares: 500,063,684 shares
5. Number of outstanding shares: 499,170,315 shares
6. Number of treasury shares: 893,369 shares
7. Estimated number of shares to be issued:  10,000,000 shares
8. Total value of shares to be issued:  VND100,000,000,000
9. Issuance ratio (estimated number of shares to be issued/number of outstanding shares): 2.0033%
10. Issuance price: VND10,000/share           
11. Source of capital: Not applicable
12. Blocked period: Only 50% are freely transferrable after 02 years and the remaining 50% are freely transferrable after 03 years from the date of issuance. The Company buys back shares from the employee who violates this rule according to the decision of the BoD.
13. Execution time: from December 10, 2018 to December 26, 2018

This information was posted on SSI website on December 07, 2018 at this link www.ssi.com.vn.

The Company hereby declares to be responsible for the accuracy and completeness of the above information.