SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

__________________________________________

No.: 02/TTr-2023

HCMC, June 30th, 2023

DRAFTPROPOSAL

AT THE 2023 ANNUAL GENERAL MEETING OF SHAREHOLDERS

Re.: Approving the audited 2022 financial statements and the distribution plan for 2022 profit after tax

To: GENERAL MEETING OF SHAREHOLDERS

PHAT DAT REAL ESTATE DEVELOPMENT CORPORATION

  • Pursuant to the Law on Enterprises No. 59/2020/QH14 dated June 17, 2020;
  • Pursuant to the Charter of Phat Dat Real Estate Development Corporation;
  • Pursuant to the Meeting Minutes of the Board Meeting dated June 2, 2023;

The Board of Directors ("BOD") respectfully submits the following matters to the GSM for consideration and approval:

  1. 2022 financial statements of Phat Dat Real Estate Development Corporation audited by Ernst &
    Young Vietnam Limited Company and publicly disclosed by the Company's BOD as regulated.
  2. 2022 business results:

-

Total revenue

:

5,339.4 billion VND

Including:

+ Revenue from sale of goods and rendering of services

:

1,504.6 billion VND

+ Revenue from transferring shares at subsidiaries

:

3,826.3 billion VND

+ Other incomes

:

8.5 billion VND

-

Profit before tax

:

1,482.3 billion VND

- Profit after tax (PAT)

:

1,160.6 billion VND

- PAT attributable to shareholders of the parent

:

1,137.3 billion VND

  1. The distribution plan for the profit after tax ("PAT") of 2022 and by the end of the prior years:
    In 2022, the Company deducted VND 5,231,667,000 from 2022 PAT to pay for the BOD's remuneration and operating expenses, accounting for 0.46% of 2022 PAT.

After paying Board remuneration, residual PAT of 2022 and by the end of the prior years is

1,155.08 billion VND and shall be distributed as follows:

- Investment & Development Fund (equivalent to 2.0% of 2022 PAT)

:

22.74 billion VND

- Bonus and Welfare Fund

:

None

- Dividend payments

:

None

The remaining undistributed after-tax profits accumulated up to December 31, 2022, after setting aside the Development Investment Fund, will be retained for business investment activities of the Company in 2023.

Respectfully,

Recipients:

  • As stated above.
  • Archives.

Attachments:

Voting Ballot

ON BEHALF OF THE BOARD OF DIRECTORS CHAIRMAN OF THE BOARD OF DIRECTORS

(Signed and stamped)

NGUYEN VAN DAT

[NOTICE: This document is a translation of the Vietnamese language original for convenience purposes only, and in the event of any discrepancy, the Vietnamese language original shall prevail.]

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Phat Dat Real Estate Development Corp. published this content on 08 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2023 10:27:56 UTC.