DNP Holding shareholders approve Tasco Investment ownership increase

On October 15, 2025, DNP Holding JSC's extraordinary general meeting of shareholders approved a resolution exempting Tasco Investment from a public tender offer. This exemption applies as Tasco Investment acquires DNP shares, potentially exceeding mandatory public tender offer thresholds. The decision was formalized following a ballot count showing 51,861,481 votes in favor, representing 88.40% of the voting shares.

The approval allows Tasco Investment to acquire shares from a list of 15 existing shareholders, including individuals and a company, without triggering a public tender offer. This transaction is expected to result in Tasco Investment holding 25% or more of DNP Holding's voting shares, with potential increases to 35%, 45%, 55%, 65%, or 75%. The board of directors has been authorized to manage all related procedures and implement the share transfer.

The meeting took place at DNP Holding's headquarters in Biên Hòa 1 Industrial Park, Đồng Nai Province. The board of directors, the general director, and relevant parties are responsible for executing the resolution, which became effective on the date of signing.