PTSC holds Extraordinary General Meeting of Shareholders in 2025

The Executive Board of the Congress

The presiding committee of the Congress includes Mr. Phan Thanh Tung - Chairman of the Board of Directors and Mr. Tran Ho Bac - Member of the Board of Directors, General Director with the participation of members of the Board of Directors, Supervisory Board, General Director and representatives of PTSC 's professional departments. The Congress is held to collect opinions of PTSC shareholders to consider and approve the Proposal for increasing charter capital through issuing shares to pay dividends in 2024.

Mr. Phan Thanh Tung - Chairman of PTSC Board of Directors delivered the opening speech of the congress

At the meeting, the Presidium presented specific contents of the proposal, specifically the plan to issue shares to pay dividends in 2024 at a rate of 7% (Shareholders owning 100 shares will receive 7 new shares). Accordingly, with 447,966,290 outstanding shares, PTSC plans to issue approximately 33,457,640 additional shares to pay dividends. After completing the issuance, PTSC's charter capital is expected to increase from VND 4,779.6 billion to VND 5,114.2 billion.

Mr. Tran Ho Bac - General Director of PTSC presented the content of the Proposal

Mr. Tran Ho Bac - General Director of PTSC said that issuing shares to pay dividends is necessary because: first, to strengthen PTSC's financial capacity; second, to balance enough development investment capital for the 5-year plan and development strategy of PTSC until 2030; third, to mobilize capital for renewable energy projects, FSO/FPSO projects.
Increasing charter capital is an essential need to ensure the successful implementation of major projects in the development strategy, production, business and investment plans of PTSC for the period 2025 - 2030 with the goal of increasing value for shareholders, growing scale, and building a solid development foundation for many years of PTSC.

The representative of the Ballot Counting Committee announced the voting results.

In addition, the Presidium spent time discussing and clarifying issues of interest to shareholders related to the implementation status of PTSC's current projects, updating PTSC's business performance results for the first 10 months of 2025, and providing information on the Corporation's development orientation in the period 2025-2030.
The 2025 Extraordinary General Meeting of Shareholders of PTSC Corporation was a great success. The meeting approved the Proposal on the Plan to increase charter capital through issuing shares to pay dividends in 2024, with a very high approval rate. This result contributes significantly to the realization of PTSC's development strategy and plan for the period 2025-2030, ensuring sustainable growth orientation, enhancing shareholder value and expanding the scale of PTSC Corporation.

Phan Hoang Hung

Source: https://www.ptsc.com.vn/tin-tuc/tin-ptsc-1/san-xuat-kinh-doanh/ptsc-to-chuc-hop-dai-hoi-dong-co-dong-bat-thuong-nam-2025