CREDIT RATING RESULT OF TNL PROPERTY LEASING & INVESTMENT JSC FOR 2023

* CREDIT RATING OPINION (first time): Confidential

* OUTLOOK: Confidential

* DATE OF RATING CERTIFICATION ISSUANCE: March 14, 2023

* CREDIT RATING RESULT IS VALID UNTIL: March 13, 2024

* BUSINESS LINE: Property Leasing

* ANALYSTS:

Mr. Tran Ngoc Huy, MSc

Mr. Nguyen Duc Phu, MSc

Mr. Bui Van Long, MSc

Ms. Dao Minh Thuy, MSc

* RATING COMMITTEE:

Mr. Tran Kim Long, MSc

Mr. Nguyen Xuan Dung, CPA

Mr. Nguyen Phi Long, ACCA

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in TNL PROPERTY LEASING & INVESTMENT JSC: None

– Saigon Ratings’ bond ownership in TNL PROPERTY LEASING & INVESTMENT JSC: None

– Saigon Ratings’ other debt instrument ownership in TNL PROPERTY LEASING & INVESTMENT JSC: None

– Saigon Ratings employee’s share ownership in TNL PROPERTY LEASING & INVESTMENT 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 (TNL PROPERTY LEASING & INVESTMENT JSC).

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