SURVEILLANCE RESULT OF SAIGON GARMENT – MATCH JOINT STOCK COMPANY FOR 2026

* 6-MONTH PERIODIC SURVEILLANCE RESULT (First year of monitoring): vnBBB-

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: February 10, 2026

* BUSINESS LINE: Real estate development

* RATING COMMITTEE:

Mr. Bui Van Long, MSc

Mr. Le Hoang Quan, MBA

Ms. Bui Thu Huong, MBA, CFA

* ANALYSTS:

Ms. Do Phuong Lan, MDE

Mr. Nguyen Duc Phu, MSc

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in Saigon Garment – Match JSC: None

– Saigon Ratings’ bond ownership in Saigon Garment – Match JSC: None

– Saigon Ratings’ other debt instrument ownership in Saigon Garment – Match JSC: None

– Saigon Ratings employee’s share ownership in Saigon Garment – Match JSC: None

Saigon Ratings is committed to the implementation of credit rating independently and objectively.

Saigon Ratings issued a credit rating report as a reference information; it is not an investment or capital contribution recommendation for debt instruments issued by the rated company (Saigon Garment – Match JSC).

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