EFI: The announcement on the results of Extraordinary General Meeting of Shareholders 2015

Dec 31st at 18:18

31-12-2015 18:18:40+07:00

On 21/12/2015, Education Financial Investment Joint Stock Company announced the esults of Extraordinary General Meeting of Shareholders 2015 as follows:

On 16/12/2015, Vietnam Education Publishing House held Extraordinary General Meeting of Shareholders 2015 of Education Financial Investment Joint Stock Company (EFI – Enterprise code: 0101256300 granted by Hanoi Authority for Planning and Investment (the fourth change on 01/09/2010)) at 187 Giang Vo, Dong Da District, Hanoi.

The attendants include the shareholders and authorized persons; Board of Directors, Management Board, the staff of Education Financial Investment Joint Stock Company. The Meeting welcome Ms. Nguyen Thuy Hang – Deputy Manager of Listing Management Department of Hanoi Stock Exchange, Mr. Vu Van hung – General Manager – General Editor of Vietnam Education Publishing House, Mr. Hoang Le Bach – Deputy General Manager of Vietnam Education Publishing House – Manager of Vietnam Education Publishing House at Hanoi.

1. Starting the Meeting, Mr. Le Thanh Anh – Deputy General Manager of Vietnam Education Publishing House – Head of Organization Committee of the Meeting declares the reason and the target of calling extraordinary general meeting of shareholders:

- After the Chair of BOD of Education Financial Investment Joint Stock Company resigned (since 26/02/2015), Board of Directors of the Company has only four members, less than the number as the regulation (at least from five members), so one additional member need appointing as the condition for the stable operation of the Company.

- Basing on the regulations on the rights and the time for holding General Meeting of Shareholder, Vietnam Publishing House with the status of a principal shareholder has sent message to Board of Directors of Education Financial Investment Joint Stock Company (on 15/07/2015) and then to Supervisory Board of the Company (on 15/08/2015) on asking to hold Extraordinary General Meeting of Shareholders to appoint one additional member for Board of Directors. However, Board of Directors and Supervisory Board of Education Financial Investment Joint Stock Company have not held the Meeting in the time under the rights.

- Therefore, in order to ensure the benefit of the shareholders, will full rights under the regulations of Enterprise Law and the Charter of Education Financial Investment Joint Stock Company, Vietnam Publishing House has sent document to functional authorities to record the list of the shareholders on 19/11/2015, and hold Extraordinary General Meeting of Shareholders on 16/12/2015 in order to vote one additional member for Board of Directors in the term 2013 – 2018 of EFI.

2. The Meeting listens to the report on the result of checking the shareholder status, number of shareholders, and number of shares attending the Meeting. The details as follows:

- Number of shareholders directly attended the Meeting: 42 shareholders representing for 3,931,436 shares

- Number of authorized shareholders: 94 shareholders representing for 7,725,710 shares

Thus, total shares represented to attend the meeting: 9,657,146 shares, equal to 88.7605 % of total shares with voting right. Based on this result, Organization Committee declared to carry out the Meeting in accordance with Laws and the Charter of The Company.

3. Following, Head of Organization Committee introduced the list of the chair mission (including the chair and one member) to run the contents of the Meeting as the regulation. The Meeting completed the voting with the voting rate 58.16% of the shares with voting rights approving the Chair Mission. However, for this content, some shareholders did not agree and tense discussion.

4. After consulting, discussing, the Meeting realized that because of not agree the list of the chair mission, so all attendants at the Meeting approved stopping the Meeting and agreed that Vietnam Publishing House would continue to hold the Meeting on favorable day. The Meeting finished on 12h30 on 16/12/2015.

HNX