Alpha Seven board approves 2024 stock dividend plan

Alpha Seven Group Joint Stock Company (HNX:DL1) has issued Board of Directors' Resolution No. 14/2025/NQ-HĐQT, dated November 26, 2025, to continue the implementation of the plan to issue shares for the 2024 dividend payment. This resolution replaces Resolution No. 13/2025/NQ-HĐQT from November 24, 2025, and follows the General Meeting of Shareholders' Resolution No. 01/NQ-ĐHĐCĐTN2025 on June 1, 2025.

The company plans to issue a maximum of 10,623,609 shares as a stock dividend. The issuance will be conducted at a ratio of 10:1 (10% of existing shares), meaning shareholders will receive one new share for every ten shares held. The source of capital for this issuance will be the company's undistributed post-tax profit as of December 31, 2024, based on audited financial statements. The shares will be issued to existing shareholders listed in the VSDC shareholder registry on the record date, which will coincide with the record date for additional public offering shares.

Fractional shares will be rounded down to the nearest whole unit and any decimal portions will be canceled. All newly issued shares will be freely transferable, and the issuance is expected to occur in 2025, pending approval from the State Securities Commission.