Dear Valued Customer,

Everest Securities Joint Stock Company (EVS) would like to extend our warm greetings to you.

In compliance with Government Decree No. 126/2020/ND-CP dated October 19, 2020 detailing certain provisions of the Law on Tax Administration and Circular No. 111/2013/TT-BTC dated August 15, 2013 issued by the Ministry of Finance providing guidance on the implementation of the Personal Income Tax Law (PIT), EVS hereby informs you of our intention to declare and pay personal income tax on investment income on behalf of investors, as follows:

1. Applicable individuals: Individuals receiving dividends in the form of securities; individuals who are existing shareholders receiving bonus shares from December 5, 2020.

2. Declaration and payment time for personal income tax on investment income: when investors sell/transfer shares of the same type until all shares received as dividends/bonus shares are exhausted.

3. Tax calculation method: Personal income tax on investment income to be paid = Taxable income × Tax rate of 5%.

Details:

- Taxable income = Number of shares of the same type sold/transferred (corresponding to the number of shares actually received as dividends/bonus shares) × Taxable price.

- Number of shares sold/transferred: After receiving dividends in the form of shares, bonus shares, the number of shares sold/transferred must be prioritized for declaration and payment of personal income tax on investment income until all shares received as dividends and bonus shares are exhausted.

- Taxable price:

   § If Selling/transfer price ≥ Par value: Taxable price = Par value.

   § If Selling/transfer price < Par value: Taxable price = Selling/transfer price.

Please note:

- In addition to personal income tax on investment income as above, investors still have to pay securities transfer tax of 0.1% on the transfer price of securities each time as per current regulations.

- In the case of receiving dividends in the form of shares or bonus shares before December 5, 2020: You are responsible for declaring and paying taxes according to regulations or declaring the dividend part as shares or bonus shares with EVS to receive support in tax declaration and payment when selling/transferring dividends arising from December 5, 2020.

- In case of securities transfer between securities companies:

   § Transfer of securities from EVS to another securities company: EVS will be responsible for providing declaration information about shares and bonus shares of customers to the receiving securities company.

   § Transfer of securities from another securities company to EVS: Customers are responsible for providing declaration information about shares and bonus shares of customers to EVS, ensuring sufficient information to fulfill tax obligations with the state authorities. In case of incomplete declaration, you are fully responsible for declaring and paying taxes to the state authorities.

- For details of Decree 126/2020/ND-CP, please refer to the link here.

- For details of Circular 111/2013/TT-BTC, please refer to the link here.

For more detailed information, please contact your Account Manager or Customer Service Department at 0243.7726699 (Extension: 333).

Thank you!