CREDIT RATING RESULT OF VIETJET AVIATION JOINT STOCK COMPANY FOR 2023

* CREDIT RATING OPINION (first time): vnBB+

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: Mar 27, 2023

* BUSINESS LINE: Transportation – Airline

* ANALYSTS:

Mr. Nguyen Phi Long, ACCA

Mr. Vo Tan Duc, MSc

Ms. Dao Minh Thuy, MSc

Mr. Cao Thanh Dinh, MBA

* RATING COMMITTEE:

Mr. Ho Van Tuyen, PhD

Mr. Bui Dang Bao, ACCA

Mr. Nguyen Huu Truc, MSc

Ms. Jelena Babajeva, MSc, CFA

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in VIETJET AVIATION JSC: None

– Saigon Ratings’ bond ownership in VIETJET AVIATION JSC: None

– Saigon Ratings’ other debt instrument ownership in VIETJET AVIATION JSC: None

– Saigon Ratings employee’s share ownership in VIETJET AVIATION 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 (VIETJET AVIATION JSC).

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