RATING RESULT OF RENEWABLE ENERGY COMPANY LIMITED FOR 2024

* CREDIT RATING OPINION (first-time): vnBB

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: December 21, 2024

* BUSINESS LINE: Energy

* RATING COMMITTEE:

Mr. Nguyen Phi Long, ACCA

Mr. Le Hoang Quan, MBA

Mr. Nguyen Minh Duc, MSc

* ANALYSTS:

Mr. Nguyen Duc Phu, MSc

Mr. Bui Van Long, MSc

Ms. Diep Ngoc Yen, MSc

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in Renewable Energy Company Limited: None

– Saigon Ratings’ bond ownership in Renewable Energy Company Limited: None

– Saigon Ratings’ other debt instrument ownership in Renewable Energy Company Limited: None

– Saigon Ratings employee’s share ownership in Renewable Energy 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 (Renewable Energy Company Limited).

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