Hai Minh board reallocates 20,000 unissued ESOP shares to senior management

On October 14, 2025, Hai Minh Corporation's board of directors issued a resolution addressing the allocation of 20,000 unissued shares from its employee stock ownership program (ESOP). Initially, 642,382 common shares were offered at VND 10,000 each to 39 eligible employees.

While 35 employees acquired 622,382 shares, four employees did not subscribe to their allocated 5,000 shares each, resulting in the 20,000 unallocated shares. The resolution outlines a plan to reallocate these shares to 10 key personnel, including the chairman of the board and deputy general directors, with each individual receiving 2,000 shares.

The issuance price remains VND 10,000 per share, and the subscription period is set from October 15 to October 21, 2025. Funds are to be deposited into Hai Minh Corporation's blocked account at VietinBank. All shares issued under this program will be restricted from transfer for one year from the end of the issuance period.