ACB: Corporate Governance Report(The First Six Months 2015)

ACB: Corporate Governance Report(The first six months 2015)

CORPORATE GOVERNANCE REPORT

(The first six months 2015)

- Company: Asia Commercial Bank

- Address: 442 Nguyen Thi Minh Khai, Ward 5, District 3, Ho Chi Minh City

- Tel.: (08) 3929 0999Fax: (08) 3839 9885

- Charter capital: VND 9,376,965,060,000

- Stock code: ACB

I. BOD’s activities

No. / Member of BOD / Title / Attendance / Rate (%) / Reason for not attending
1 / Mr. Tran Hung Huy / Chair of the Board / 03/03 / 100 %
2 / Mr. Nguyen Thanh Long / Deputy of the Board / 03/03 / 100 %
3 / Mr. Andrew Colin Vallis / Director of the Board / 03/03 / 100 %
4 / Mr. Julian Fong Loong Choon / Director of the Board / 03/03 / 100 %
5 / Mr. Alain Xavier Cany / Director of the Board / 03/03 / 100 %
6 / Mr. Dominic Timothy Charles Scriven (Appointed on 22/04/2015) / Director of the Board / 03/03 / 100 %
7 / Ms. Dinh Thi Hoa / Director of the Board (independent) / 0/01 / 0 % / Authorized Mr. Tran Hung Huy
8 / Mr. Tran Mong Hung / Director of the Board / 03/03 / 100 %
9 / Mr. Tran Trong Kien / Director of the Board / 03/03 / 100 %
10 / Ms. Dang Thu Thuy / Director of the Board / 03/03 / 100 % / Authorized Mr. Tran Hung Huy
11 / Mr. Dam Van Tuan / Director of the Board / 03/03 / 100 %

II. Board resolution

No. / Board Resolution/Decision No. / Date / Content
1 / 509/TCQD – HDQT. 15 / 06/02/2015 / Approve the resignation of Mr. Alain Xavier Candy form Director of BOD
2 / 510/TCQD – HDQT. 15 / 06/02/2015 / Buy real estate to be Head Office of the Company
3 / 511/TCQD – HDQT. 15 / 06/02/2015 / Sell real estate because of not using
4 / 512/TCQD – HDQT. 15 / 06/02/2015 / Buy real estate to be head Office of Branch
5 / 513/TCQD – HDQT. 15 / 06/02/2015 / Found new trading room in 2015
6 / 521/TCQD – HDQT. 15 / 09/02/2015 / Margin account opened at Saxo Capital Markets Pte Ltd
7 / 522/TCQD – HDQT. 15 / 09/02/2015 / Solve the overdue deposit at credit organizations
8 / 570/TCQD – HDQT. 15 / 12/03/2015 / Appoint additional Directors in Board of Directors in the term 2013 – 2017
9 / 805/TCQD – HDQT. 15 / 16/03/2015 / Dominate Mr. Dominic Tomothy Charles Scriven as Candidate of Board of Directors
10 / 922/TCQD – HDQT. 15 / 25/03/2015 / Transfer the real estate because of not using
11 / 991/TCQD – HDQT. 15 / 30/03/2015 / The budget for buying real estate and investing the construction of the Office of Branch and trading room in 2015
12 / 1177/TCQD – HDQT. 15 / 09/04/2015 / Consider founding financial company
13 / 1744/TCQD – HDQT. 15 / 01/06/2015 / Dismiss General Manager of ACB Securities Co., Ltd
14 / 1745/TCQD – HDQT. 15 / 01/06/2015 / Appoint General Manager of ACB Securities Co., Ltd
15 / 1802/TCQD – HDQT. 15 / 04/06/2015 / Approve the trading contracts between Asia Commercial Bank and Asian Financial Leasing Co., Ltd
16 / 1939/TCQD – HDQT. 15 / 15/06/2015 / The method of restructuring Asia Commercial Bank and Asian Financial Leasing Co., Ltd
17 / 2094/TCQD – HDQT. 15 / 01/07/2015 / Sell the shares of TCDT to collect the debts

III. Change in connected persons/institutions (no change)

No. / Organization/individual / Title (if any) / Moment to be connected persons/institutions / Moment to be not connected persons/institutions / Reason
1 / Alain Xavier Candy / Director of BOD / 22/04/2015 / Dismissed
2 / Dominic Timothy Charles Scriven / Director of BOD / 22/04/2015 / Appointed
3 / Nguyen Thi Thuyen Van / Deputy General Manager / 26/01/2015 / App0inted
4 / Tu Tien Phat / Deputy General Manager / 26/01/2015

IV. Transactions of PDMRs and connected persons/institutions

List of PDMRs and connected persons/institutions

/ Name / Position of PDMR at the company (if any) / Shareholding at the end of the term / Shareholding percentage at the end of the term (%) / Note
1 / Tran Hung Huy / Chair of the Board / 28,772,070 / 3.07 / PDMR
2 / Tran Mong Hung / Director of the Board / 16,523,854 / 1.76 / Connected person
3 / Dang Thu Thuy / Director of the Board / 10,978,656 / 1.17 / Connected person
4 / Tran Dang Thu Thao / 10,572,256 / 1.13 / Connected person
5 / Tran Minh Hoang / 11,503,880 / 1.23 / Connected person
6 / Nguyen Thanh Long / Deputy Chair of the Board / 338,944 / 0.04 / PDMR
7 / Connaught Investors Limited / 68,114,834 / 7.26 / Connected person
8 / Standard Chartered APR Limited / 82,263,883 / 8.77 / Connected person
9 / Standard Chartered Hong Kong Limited / 58,395,142 / 6.23 / Connected person
10 / Dinh Thi Hoa / Director of the Board / 13.833 / 0.00 / PDMR
11 / Le Thi Luong / 3,828 / 0.00 / Connected person
12 / Tran Mong Hung / Director of the Board / 16,523,854 / 1.76 / PDMR
13 / Dang Thu Thuy / Director of the Board / 10,978,656 / 1.17 / Connected person
14 / Tran Dang Thu Thao / 10,572,256 / 1.13 / Connected person
15 / Tran Hung Huy / Chair of the Board / 28,772,070 / 3.07 / Connected person
16 / Tran Minh Hoang / 11,,503,880 / 1.23 / Connected person
17 / Tran Tuyet Nga / 917,321 / 0.10 / Connected person
18 / Tran Phu My / 7,450,298 / 0.79 / Connected person
19 / Tran Phu Hoa / 253,726 / 0.03 / Connected person
20 / Le Thi Viet Ha / 1,418 / 0.00 / Connected person
21 / Dang Thu Thuy / Director of the Board / 10,978,656 / 1.17 / PDMR
22 / Luu Thi Phuong / 44,860 / 0.00 / Connected person
23 / Tran Mong Hung / Director of the Board / 16,523,854 / 1.76 / Connected person
24 / Dang Thu Thuy / Director of the Board / 10,978,656 / 1.17 / Connected person
25 / Tran Dang Thu Thao / 10,572,256 / 1.13 / Connected person
26 / Tran Hung Huy / Chair of the Board / 28,772,070 / 3.07 / Connected person
27 / Tran Minh Hoang / 11,503,880 / 1.23 / Connected person
28 / Tran Tuyet Nga / 917,321 / 0.10 / Connected person
29 / Tran Phu My / 7,450,298 / 0.79 / Connected person
30 / Tran Phu Hoa / 253,726 / 0.03 / Connected person
31 / Le Thi Viet Ha / 1,418 / 0.00 / Connected person
32 / Dang Thu Thuy / Director of the Board / 10,978,656 / 1.17 / Connected person
33 / Luu Thi Phuong / 44,860 / 0.00 / Connected person
34 / Tran Mong Hung / Director of the Board / 16,523,854 / 1.76 / Connected person
35 / Tran Dang Thu Thao / 10,572,256 / 1.13 / Connected person
36 / Tran Hung Huy / Chair of the Board / 28,772,070 / 3.07 / Connected person
37 / Tran Minh Hoang / 11,503,880 / 1.23 / Connected person
38 / Dang Kim Hong / 2,461 / 0.00 / Connected person
39 / Dang Kim Tan / 111,400 / 0.01 / Connected person
40 / Dang Thu Ha / 9,444,189 / 101 / Connected person
41 / Dang Thu Van / Director of Transaction office / 315,908 / 0.03 / Connected person
42 / Dang Van Phu / 3,191,526 / 0.34 / Connected person
43 / Dang Phu Vinh / 3,368,664 / 0.36 / Connected person
44 / Dam Van Tuan / Director of the Board, Deputy Director / 22,651 / 0.00 / PDMR
45 / Huynh Nghia Hiep / Head of Supervisory Board / 178,576 / 0.02 / PDMR
46 / Nguyen Thi Nga / 60,522 / 0.01 / Connected person
47 / Huynh Van Khoi / 3,395 / 0.00 / Connected person
48 / Hoang Ngan / Director of the Board / 38,864 / 0.00 / PDMR
49 / Huynh Bao Ngoc / 24,302 / 0.00 / Connected person
50 / Hoang Ha / 4000 / 0.00 / Connected person
51 / Phung Thi Tot / Director of the Board / 49,688 / 0.01 / Connected person
52 / Do Minh Toan / General Director / 94,836 / 0.01 / PDMR
53 / Bui Tuyet Loan / 120,832 / 0.01 / Connected person
54 / Bui Tan Tai / Deputy General Director / 23,747 / 0.00 / PDMR
55 / Doan Thi Doan Trinh / Deputy Director of Branch / 102,714 / 0.01 / Connected person
56 / Nguyen Duc Thai Han / Deputy General Director / 23,747 / 0.00 / PDMR
57 / Vo Thi Ngoc Lanh / 1,535 / 0.00 / Connected person

2. Transactions of PDMRs and connected persons/institutions

No. / Transacting person / Relationship with PDMRs / Opening number of shares / Closing number of shares / Reason of increase, decrease
Number of shares / Rate (%) / Number of shares / Rate (%)
1 / Dam Van Mai / Connected person / 15 / 0 / 0 / 0 / Sell
2 / Nguyen Thien / Connected person / 411,340 / 0.04 / 364.340 / 0.04 / sell

3. Other transactions (none)

V. Notices (none)