SURVEILLANCE RESULT OF MARINA CENTER INVESTMENT COMPANY LIMITED FOR 2026

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

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: March 13, 2026

* RATING COMMITTEE:

Mr. Bui Van Long, MSc

Mr. Le Hoang Quan, MBA

Mr. Nguyen Thuong, CPA

* ANALYSTS:

Ms. Bui Thu Huong, MBA, CFA

Ms. Nguyen Kim Chi, CFA

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in Marina Center Investment Company Limited: None

– Saigon Ratings’ bond ownership in Marina Center Investment Company Limited: None

– Saigon Ratings’ other debt instrument ownership in Marina Center Investment Company Limited: None

– Saigon Ratings employee’s share ownership in Marina Center Investment Company Limited: 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 (Marina Center Investment Company Limited).

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