SURVEILLANCE RESULT OF TNH HOSPITAL GROUP JSC. FOR 2024

* SURVEILLANCE RATING RESULT (First year of monitoring): vnA+

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: July 31, 2024

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

* BUSINESS LINE: Healthcare Services

* ANALYSTS:

Mr. Nguyen Duc Phu, MSc

Mr. Nguyen Phi Long, ACCA

* RATING COMMITTEE:

Mr. Nguyen Thuong, CPA

Mr. Bui Van Long, MSc

Mr. Le Hoang Quan, MBA

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in TNH Hospital Group JSC: None

– Saigon Ratings’ bond ownership in TNH Hospital Group JSC: None

– Saigon Ratings’ other debt instrument ownership in TNH Hospital Group JSC: None

– Saigon Ratings employee’s share ownership in TNH Hospital Group 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 (TNH Hospital Group JSC).

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