SURVEILLANCE RESULT OF NEW TIMES T&T JOINT STOCK COMPANY FOR 2026

* 6-MONTH SURVEILLANCE RESULT (First year): vnBB+

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: March 18, 2026

* RATING COMMITTEE:

Mr. Nguyen Duc Phu, MSc

Ms. Bui Thu Huong, MBA, CFA

Mr. Bui Van Long, MSc

* ANALYSTS:

Ms. Diep Ngoc Yen, MSc

Mr. Nguyen Hoang Chuong, BA

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in New Times T&T Joint Stock Company: None

– Saigon Ratings’ bond ownership in New Times T&T Joint Stock Company: None

– Saigon Ratings’ other debt instrument ownership in New Times T&T Joint Stock Company: None

– Saigon Ratings employee’s share ownership in New Times T&T Joint Stock Company: 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 (New Times T&T Joint Stock Company).

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