CJC: BOD Resolution on Dec 27

Board resolution No. 913/ NQ – HDQT on terminating the operation of the Company’s branch

Article 1: Approve the termination of operation of Branch of Electrical Equipment Enterprise (CEMC3) as follows:

– Address of the Branch: Road No.3, Hoa Cam Industrial Park, Hoa Tho Tay Ward, Cam Le District, Da Nang City

– Business Registration Certificate No. 0400528732 – 004 reissued by Da Nang Authority for Investment and Planning for the first time on 20 Dec 2013

– Time of executing the termination procedures: in Q.I/ 2019

– Reason for the operation termination: based on the requirement of changing the company restructure

Article 2: Members of Board of Directors, Management Board and head of relevant units will take responsibility for carrying out the Board resolution

Board resolution No. 912/ NQ – HDQT on adjusting the 2018 operation plan and building the 2019 operation plan

Article 1: Approve the adjustment of the 2018 operation plan of the Company as follows:

– Revenue: VND 145,000,000,000

– Profit before tax: VND 200,000,000

Article 2: Approve the expected operation plan 2019 as follows:

– Revenue: VND 250,000,000,000

– Profit before tax: VND 3,000,000,000

Article 3: The Board resolution took effect from the signing date. Members of Board of Directors, Management Board will take responsibility for carrying out the Board resolution