The board resolution dated November 24, 2022, the BOD of Saigon General Service Corporation approved to contribute capital for establishing a subsidiary. Here are the specifics: Company name (estimated): Savico Southern Investment Development JSC; Head office address: No.68 Nam Ky Khoi Nghia, Nguyen Thai Binh ward, district 1. Ho Chi Minh. Charter capital: VND 20,000,000,000 (Savico contributes 98% charter capital of Savico Southern Investment Development JSC, equivalent to VND 19,600,000,000).