SURVEILLANCE OF ALLGREEN-VUONG THANH-TRUNG DUONG CO. LTD. FOR 2025

* 6-MONTH CREDIT RATING OPINION (First year of monitoring): vnBB+

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: March 17, 2025

* RATING COMMITTEE:

Mr. Nguyen Duc Phu, MSc

Mr. Bui Van Long, MSc

Ms. Bui Thu Huong, MBA, CFA

* ANALYSTS:

Mr. Le Hoang Quan, MBA

Ms. Diep Ngoc Yen, MSc

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in Allgreen-Vuong Thanh-Trung Duong Company Limited: None

– Saigon Ratings’ bond ownership in Allgreen-Vuong Thanh-Trung Duong Company Limited: None

– Saigon Ratings’ other debt instrument ownership in Allgreen-Vuong Thanh-Trung Duong Company Limited: None

– Saigon Ratings employee’s share ownership in Allgreen-Vuong Thanh-Trung Duong 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 (Allgreen-Vuong Thanh-Trung Duong Company Limited)).

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