#1VINGRDUP VINSCHIOIDIL VINCOM RETAIL V VinID VINHOMES VINTECHI VSMART VINGROUP Corporate Presentation June 2021 VINPEARL#2Important Notice IMPORTANT: The information contained herein is preliminary and subject to change without notice, its accuracy is not guaranteed, has not been independently verified and may not contain all material information concerning Vingroup Joint Stock Company (the "Company") and its subsidiaries (the "Group"). You should not rely upon it or use it to form the basis for any investment decision or commitment whatsoever. None of the Company, its shareholders, or any of their respective affiliates, directors, officers, employees, agents, advisers or any other person makes any representation or warranty (express or implied) or accepts any responsibility or liability for the accuracy or completeness of this presentation or any or all of the information in this presentation or otherwise made available. It is not the intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the financial or trading position or prospects of the Group. No part of this presentation shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Further, nothing in this presentation should be construed as constituting legal, business, tax or financial advice. You should conduct such independent investigations and analysis of the Group as you deem necessary or appropriate in order to make an independent determination of the suitability, merits and consequences of investment in the Company. This presentation contains "forward-looking statements". These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond the Company's control and all of which are based on management's current beliefs and expectations about future events. Forward-looking statements are sometimes identified by the use of forward- looking terminology such as "believe", "expects", "may", "will", "could", "should", "shall", "risk", "intends", "estimates", "aims", "targets", "plans", "predicts", "continues", "assumes", "positioned" or "anticipates" or the negative thereof, other variations thereon or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are not guarantees of future performance. These forward-looking statements speak only as at the date of this presentation, and none of the company, its shareholders, or any of their respective affiliates, directors, officers, employees, agents, advisers or any other person undertakes to update or revise any forward-looking statements as a result of new information or to reflect future events or circumstances. 2#3Vingroup SWANCITY SWANCITY Landmark 81 - the tallest building in Vietnam (Vinhomes Central Park, HCMC)#4Unique and Dominant, Comprehensive Live-Work-Play Ecosystem Source: Oxford Economics, Company information. Note: Company data as of 31 March 2021, unless otherwise stated. (#) ranking based on market share. (1) Based on total number of residential units sold by Vinhomes from 2010 to 1Q2021. (3) VinID is one of the largest loyalty platforms in Vietnam. #1 Mobility VinFast cars and e-motorcycles designed and manufactured to international standards • 6,879 cars and 6,100 electric scooters sold in 1Q2021 #1 Real Estate Development Vinhomes luxury, high-end and mid-range integrated residential and commercial projects . 1,600 residential retail units sold in 1Q2021 (1) #1 Retail Mall Vincom "all-in-one" shopping, entertainment and dining retail malls • 80 retail malls in operation #3 Smart Devices VinSmart advanced technology and smart devices • Installed 5,000 sets of smart home solutions at Vinhomes apartments since the start of the program in 1Q2021 Data Customers VINGRDUP Largest Ecosystem in Vietnam Technology #1 Digital Ecosystem • VinID super-app2) Vinshop B2B2C general trade platform OneHousing comprehensive home purchase and rental portal #1 Education • Vinschool high-quality K-12 school system • VinUniversity university and post-graduate education . 35 campuses under operation in 4 provinces and municipalities #1 Healthcare Vinmec international hospitals and clinics ⚫7 hospitals (2 JCI-accredited hospitals) 5 clinics #1 Hospitality and Entertainment Vinpearl premium resorts and hotels, high-end amusement parks and world-class golf courses ⚫ 17,500 operational hotels and beach villa rooms 4#5The Largest Conglomerate in Vietnam, Asia's Next Tiger Economy (1) 2.2% of nominal GDP Most profitable (1) amongst privately owned enterprises 16.1% (2) of VN Index (3) Nationwide operations in all 63 provinces and municipalities US$34.6bn combined market cap (2) 44,100 employees (1) Largest private Vietnamese corporate employer Source: Company Information, HOSE Website, Bloomberg, Vietnam Profit 500 as of May 31, 2021 Notes: USDVND exchange rate of 23,160 (1) As of December 2020; (2) Included Vingroup, Vinhomes and Vincom Retail; (3) Market Capitalization of VN Index (US$170.4bn); VinFast factory, Dinh Vu, Hai Phong, Vietnam 5#6Track Record of Developing New Businesses into Market Leaders Total Assets (US$bn) (1) • 1993 Technocom was set up 2000– Technocom-Vingroup returned to Vietnam 2001 Vinpearl Launch 2002 Vincom Launch 2003 1st Vinpearl Hospitality Development (Resort Nha Trang) • 2004– 1st Vincom Center (Ba Trieu) VinID US$3.9bn raised through equity transactions in the last 3 years VSHART 2006 – 1st VinpearlLand (Nha Trang) VINPEARL (10) VinMart VINMEC VINHOMES 13.7 11.0 8.7 6.9 VINCOM RETAIL 4.6 4.1 3.3 2.5 1.7 0.9 0.1 0.3 1993 2007 2008 2009 2010 2011 2012 18.2 18.1 17.4 Services Industrials Real Estate 2013 2014 2015 2016 2017 2018 2019 2020 1Q2021 US$18.1bn in total assets (c.181x increase since 2007) Position Real Estate Development #1 (2) Retail Mall #1 (3) Hospitality & Entertainment #1 (4) Mobility Smart Devices Healthcare #1 (5) N/A #1 (6) Education #1 (7) Digital Ecosystem #1 (8) Source: Financial information as of 31 March 2020, unless otherwise stated (1) Total assets from 2009 to 2018 based on IFRS financials, while total assets from 2007 to 2008, 2019, 2020 and 1Q2021 based on VAS financials. USDVND exchange rate of 23,180 as at 31 March 2021. (2) Based on cumulative units sold in 2016-2020 across all segments in the residential markets of HCMC and Hanoi, only includes retail sales, according to CBRE, as of 31 December 2020. (3) Based on Vincom's combined retail GFA in Hanoi and HCMC, and GFA of all multi-tenant shopping malls in Hanoi and HCMC as of June 2019. (4) Based on number of rooms in 5-star hotels and resorts in the cities that Vinpearl's brands are present by Vietnamtourism.gov.vn, data collected in July 2019. (5) Based on market share in the respective segments of A, D-sedan and D-SUV, according to VAMA and company information in Q1.2021. (6) Vinmec hospitals were ranked among Top 1 or Top 2 on quality indicators that are set and assessed annually by the Ministry of Health. (7) Based on total number of kindergarten to high school students in selected private and international schools in Hanoi and HCMC in June 2019. (8) VinID is one of the largest loyalty platform in Vietnam. 6#7Riding On An Exciting Digital Journey To Transform Experience On Unprecedented Scale STAGE 2 3 Enablers • Data-rich customer platform Strategic partnership with industry leaders • World-class R&D team 4 Catalysts Large addressable markets High rate of technology adoption Attractive demographics Geopolitical advantage 5 Strategies • • • Best-in-class and smart products Disrupt traditional industries with new technologies Technology-driven innovative consumer platforms Data analytics to enhance customer understanding and improve offerings Improve operational efficiency STAGE Delivered core offerings with #1 VINHOMES market leadership Real Estate Development #1 Mobility VIN FAST Source: Company Information #1 VINCOM RETAIL #1 VINPEARL Retail Mall Hospitality and Entertainment #1 One Mount Group Digital Ecosystem #3 Smart Devices #1 VINMEC Healthcare VIHART #1 Education 7#8Corporate Structure عبسام REAL ESTATE US$17.2bn (1) VINGROUP 73.7% US$14.6bn (1) 51.5% VINHOMES Real Estate Development US$2.9bn (1) 60.3% VINCOM RETAIL Retail Mall 62.0% INDUSTRIALS & TECHNOLOGY Mobility VIRFAST Smart Devices VSMART 80.0% 100.0% VINPEARL Hospitality and Entertainment VINTECH Technology R&D and IT Solution Development Entities listed on HOSE 51.2% One Mount Group Digital Ecosystem SERVICES 100.0% VINMEC VE Healthcare 100.0% MAY HUU Education VINUNNERSITY Source: HOSE. Company information as of 31 March 2021 Note: All shareholding percentages presented are based on Vingroup's effective interest. (1) Indicates market capitalization of the listed entity as of 31 May2021. USDVND exchange rate of 23,160. (2) Non-controlling interest in a subsidiary of Masan Group which owns Masan Consumer Holdings, the largest manufacturer of consumer products by revenue, and VinCommerce, the largest consumer retail network in terms of number of grocery retail stores 8#9Key Competitive Advantages 1 Favourable Macro-Economics in Vietnam and Across All Consumer Industries 2 Largest Ecosystem in Vietnam with Market Leadership Across Multiple Businesses 3 Dominant Integrated Real Estate Developer, Owner and Operator 4 Proven Track Record of Developing Vietnamese Brands of Scale LO 5 Unparalleled Execution Capabilities in New Business Sectors 6 Prudent Financial Policies and Strong Financial Position The making of VSmart phones#101. Favourable Macro-Economics in Vietnam and Across All Consumer Industries AST VinFast Manufacturing Complex, Hai Phong#11Source: Note: (1) Thailand (0.8%) (0.5%) Singapore Malaysia Indonesia Philippines Vietnam 2.3% Singapore 3.6% 4.1% 1.1% Malaysia 4.7% 1 Strong Macro Tailwinds Fastest Growing Economy in Southeast Asia Real GDP growth 2019A - 21E CAGR (%) Fastest Growing Middle- Income Segment in SEA Middle income population (1) growth 2019 24E CAGR (%) One of the Highest Private Consumption in Southeast Asia Private consumption as % of GDP in 2019 One Of The Strongest Internet Economy Growth In SEA Internet economy GMV growth CAGR 2020-25E (%) Thailand 2.8% 5.0% Euromonitor, CEIC. Information collected in May 2020 Exchange rates are based on historical exchange rates in respective years as provided by EIU. Middle income population defined as households with disposable income of more than US$10,000 per annum. 2019 middle income population is an estimate while 2020 to 2024 are forecasts Indonesia Philippines Vietnam 7.2% Singapore 13.9% 36.0% 7.9% Thailand Malaysia Indonesia Vietnam Philippines 48.9% Singapore 58.6% 59.4% Malaysia Indonesia Thailand 68.2% Vietnam 19.0% Philippines 76.5% Vietnam's internet economy is expected to reach US$52bnin 2025E from US$14bn in 2020E 25.0% 23.0% 21.0% 30.0% 29.0% 11#121 Robust Growth Expected for Both Cars and Electric Motorcycles Significantly Low Car Penetration 2019 car ownership per 1,000 people ...Leading To Substantial Growth In The Passenger Car Market Vietnamese car market projection ('000 units/year) 4.6x 2.3x 1.4x Vietnam Philippines 13.0x 15.3x 380 361 USA Malaysia Thailand Indonesia Number of times the car ownership in Vietnam Fourth Largest Motorcycle Market Globally With Low Penetration of e-motorcycles CAGR 2014-19 (%) 30 Motorcycle market size (volume, 2019) 20 Myanmar Vietnam Philippines 10 0 0 5 Thailand India 10 Taiwan South Korea Malaysia. Indonesia 15 2019A-2023E CAGR: 13.6% 601 520 446 2019A 2020E 2021E 2022E 2023E Electric Motorcycles Expected To Gain Market Share Vietnamese motorcycles market ('000 units/year) 3% 2019A-2030F CAGR: 33.3% ICE 60% E-Motorcycle % E-Motorcycle market share 2,365 100 (6.4%) 2019A-2030F CAGR: 3,270 1,577 E-motorcycles 2019 market share (%) 2019 20 25 Source: EIU, Vietnam Census, BCG population and wealth models, IHS Markit Automotive 2019, Freedonia 2019, BCG Research & Analysis. 2030F 12#131 Consumer Spending to Grow across Vingroup's Key Consumer Segments Healthcare - Increasing Household Healthcare Expenditure From Aging Population And Rising Disposable Income Household Healthcare Expenditure (US$bn) Education - Increasing Household Education Spending As More Families Can Afford Quality Education Household Education Expenditure (US$bn) 3.5 2019A-2024E CAGR: 11.7% 6.1 5.5 4.9 4.4 4.0 2019A-2024E CAGR: 11.8% 3.7 5.1 4.6 4.1 3.3 2.9 Tourism - Domestic And International Tourist Arrivals Increasing At A Rapid Pace Arrivals (mm) 2020A-2025E CAGR: 14.9% 96.1 89.9 82.8 23.9 73.6 22.5 20.9 63.8 17.5 14.0 48.0 4.9 72.2 67.4 62.0 56.1 49.7 43.1 2019A 2020E 2021E 2022E 2023E 2024E 2019A 2020E 2021E 2022E 2023E 2024E 2020A 2021E 2022E International tourists 2023E Source: Pew Survey, BMI, Euromonitor. 2024E Domestic tourists 2025E 13#14. . 1 Experiencing Favorable Geopolitical Shifts Beneficiary of global supply chain disruption due to geopolitical shifts • Supportive government policies and robust. infrastructure investment • Strategic geographical advantage supports global distribution Competitive advantages in land supply, labor costs and human capital Increasing migration and expansion of global leaders into Vietnam OLYMPUS Nintendo Canon Highest level of public investment as % of GDP (2020 Actual) 4% 4% 5% 6% 8% Stable FDI flow Registered FDI (US$ bn) 23 2015-2020 CAGR: 4% 24 24 38 36 36 (intel) SAMSUNG HITS BEHI TOYOTA Hanwha Aero Erges MARDA 1% FOXCONN L-LG Lenovo SHARP Source: ADB, Statista, Oxford Economics. Schindler 29 29 14 ID SGN PH MY TH VN 2015 2016 2017 2018 2019 2020#152. Largest Ecosystem in Vietnam with Market Leadership Across Multiple Businesses NG HAPPINE S UREM#162 Largest Ecosystem in Vietnam with Market Leadership Across Multiple Businesses The only company in Vietnam with extensive presence across the consumer ecosystem Leadership position across multiple consumer sectors demonstrate ability to start new business and develop them into industry champions • Leveraging unique database unmatched by any competitor to create sustainable "moat" • Today, applying superior data analytics capabilities to enhance customer experience and cross-selling opportunities Source: Company information 11AM Book hotel 10AM Conference call VINILARL VINME 8:30AM School 7:30AM Drive VIRMED 24/7 VinlD VinShop TIPTONI VINHOMES 6AM Home INDOMETAIT 1PM Health check-up 6PM Shopping 2PM Pay for coffee 4:30PM Groceries 16#172 Leveraging Data Analytics for Deep Behavioral Understanding and Continual Improvement of Platform Offerings Source: Company Information YTAI VINGROUP VAMANT CONSUMER DATA VANTIX VINBRAIN VinAl Data Analytics VINBIGDATA One Mount Group CONSUMER PREFERENCES Customer Touchpoints VI FERL Superior ecosystem experience based on unified customer profiles VINMEC VINHOMES - TOUCH POINTS Introduce New Offerings NEW OFFERINGS/MARKETS Industrial Tech Others VinID Pay Dr.Aid™ VINBRAIN VinShop VANTIX Consumer Tech & Fintech Personalized Services & Products Product Enhancements & Solutions Smart Solutions Lifestyle and Convenience Connectivity 17#182 One Mount Group Is Creating Vietnam's Largest Digital Ecosystem One Mount's integrated ecosystem across multiple platforms is developing an expansive and fast growing O20 network starting with three main economic sectors: Retail, Real Estate and Financial Services. VinID Vin Shop H OnekHousing TAM: $4bn¹ Super App connected to the largest loyalty platform in Vietnam Unique customer database covering all facets of 11mm customers' daily life Seamless customer experience on • • Loyalty programs Cashless payments • Fintech solutions Vouchers, shopping and ticketing TAM: $45bn² B2B2C platform transforming traditional retail Deep synergy with VinID as payment, order, and loyalty app Aims to become Vietnam's largest master distributor Innovates traditional retail stores through supply chain optimization via Vinshop app TAM: $20bn³ One-stop-shop for real estate products and services All-in-one platform for home buying or renting and other related housing services • Property search, payment and after-sales services on a single tech-enabled platform • Under pilot test Source: Company information, Bain Temasek report 2019 Notes: (1) represents Vietnam's forecasted digital financial services revenue in 2025, not including 1ID serves the B2C portion of 1MG B2B2C strategy; (2) represents FMCG market size including fresh products; (3) represents residential real estate market (primary and secondary) 18#193. Dominant Integrated Real Estate Developer, Owner and Operator Vinhomes Grand Park (HCMC)#203 Dominant Integrated Real Estate Developer, Owner and Operator . Unrivalled nation-wide land bank to support Vingroup's growth and sustainability RESIDENTIAL, OFFICE AND INDUSTRIAL RESIDENTIAL 164mn US$22.9bn sqm of residential GFA landbank Addressable market (1) US$2.4bn Unbilled bookings (2) OFFICE FOR LEASE VINHOMES 120,000 87% 5.2mm VINCOM RETAIL sqm of office NLA (3) Occupancy rate sqm of office NLA (3) by the end of 2035 in operation INDUSTRIAL REAL ESTATE 22.1mm sqm of NSA (4) 6.9mm sqm of NLA (3) in pipeline for sale in pipeline for lease RETAIL MALLS 80 Malls under operation ~1.7mm sqm of Retail GFA 43 out of 63 Cities and provinces covered in Vietnam Well-diversified coverage of real estate segments across Vietnam Source: (1) (2) (3) CBRE. Company information as of 31 March 2021, unless otherwise stated. For condominium market only; based on CBRE condominium demand model and annual condominium demand of c.186,000 units in 2022E at an assumed price of US$127,000 per unit. As of 31 March 2021, FX USDVND 23,190 Represents net leasable area. Business plan and subject to change (4) Represents net saleable area for the project's lifetime (5) Including four Vinpearl Golf courses, four VinWonders amusement parks, two Safaris and two F&B and ancillary entertainment service areas HOSPITALITY AND ENTERTAINMENT 17,500 Total rooms in hotels and beach villas VINPEARL 17 Key tourist destinations across Vietnam 47 Projects under operation (5) 20 20#213 Vinhomes - The Dominant Residential Platform Largest Land Bank Delivers Sustainable Growth Land bank(1) (mm sqm) 168 Translates to 164mm sqm of residential GFA ~24x the land bank of our next largest competitors Superior Returns Return-on-Equity(2) (%) Vinhomes Land & Houses Ayala Land Novaland Vinhomes 7 7 5 Developer A Developer B Developer C Unparalleled Execution Capabilities Land Acquisition Master Planning and Design Land Clearance Infrastructure and Ecosystem Sales and Marketing Quality Control Property Management Ability to secure the best land banks in Vietnam Master planning capabilities and integrated developments Accelerated land clearance process (9-12 months) Vingroup ecosystem of retail malls, schools, hospitals, etc. High take up rates during presales with high % of upfront payments In-house construction management, ability to control costs, quality and speed Strong after sales service and management of facilities Source: Company information 15.7% 15.4% BSD 9.6% 38.8% 19.1% Diversified Product Offerings US$22.9bn (3) total addressable market per annum Diamond-Luxury apartment units that offer the most privileged living standard Ruby-High-end apartments for young affluent families Sapphire Modern apartment units catered for young and savvy % of households in total population (4) 1.3% 0.4mm Households 4.4% 1.2mn Households 19.4% 5.2mn Households Average Selling Prices (US$/sqm) (5) Luxury > US$4.0k High-end US$2.0k $4.0k Mid-end US$1.0k 2.0k 44.2% Affordable 12.0mn Households < US$1.k (1) As of 31 December 2021. Including apartments, office-tels, shop-houses, shop office, villa, commercial for sale, beach villa and condo-tel. Excludes completed projects. 164 mm sqm of residential GFA converts into c. 146 mm sqm of NSA. Not including GFA from Vinhomes Hoc Mon and Industrial land bank. (2) Refers to net profit after minority interests divided by shareholder's equity in 2019. (3) For condominium market only; based on CBRE condominium demand model and annual condominium demand of c.186,000 units in 2022F at an assumed price of US$127,000 per unit. (4) JLL report as of March 2018. Percentages shown exclude 30.8% of households within the segment of household below affordable. Segments include households within the respective income ranges: Luxury (more than US$85k), Premium (US$55k - US$85k), Mid-end (US$25k- US$55k), Affordable (US$10k-US$25k) and Below Affordable (below US$10k). (5) Based on net saleable area. 21#223 Property Development Model And Payment Schedule Built on Favorable Regulatory Framework for an Efficient Self-funding Business Model 2-2.5 years Source: €2 (1) (2) Site Selection Master Planning & Design Condo: 6 months Condo: 6-10 months Villa: 12 months Villa: 2-3 months Condo: 12-16 months Villa: 9-10 months Land Clearance • In-principle investment approval Project master plan • Environmental assessment • Project design Government is responsible for site clearance (2) Receive land allocation to begin construction Foundation Construction & Fitting Out Collection of cash based on the construction progress (totaling up to 70% of purchase price for Vietnamese developers; up to 50% for foreign developers) Pre-Sales: Effective Management of Default Risk Majority of units are pre-sold immediately after land clearance has completed and project construction has broken ground Presale customers required to pay non-refundable deposits of at least 30% of total purchase price In 2020, 89% of Vinhomes customers paid 70% or higher of total contract price to secure discount Payment of estimated land use and rental fee (1) Company Information, CBRE In order to expedite the land clearance process, Vingroup typically pays estimated land use and rental fees in advance, and the Government uses such advanced payments for land owners resettlement compensations While the Government is in charge of site clearance, Vingroup takes an active and coordinated role in terms of identifying land right holders, education and, in some cases, purchasing land rights Handover to Buyers 222 22 • 95% of purchase price must be paid before being issued the land use right certificate (LURC) Full payment will be collected thereafter#233 Expansion into Industrial Real Estate to Capitalize on the Attractive Sector Tailwinds Leveraging Vinhomes' Expertise in Sourcing/Acquiring Land as well as Real Estate Development Vinhomes' Superior Industrial Real Estate End-to-end Value Chain Additional Pillar of Vinhomes' Medium Term Strategy to Diversify and Increase Recurring Revenue and Provide More Avenues for Capital Recycling Diversification Across the 3 Segments Land Acquisition Access to industrial park land bank through Vingroup, VinFast and VinSmart Master Planning and Design Infrastructure and Ecosystem Construction and QC • Experience in master planning for integrated projects such as Hanoi, Hai Phong, Quang Ninh, Ho Chi Minh City (Can Gio) and Phu Quoc Synergy with VinFast/VinSmart - ecosystem of industrial and smart device manufacturing, suppliers and importers End-to-end construction management capability to ensure rapid execution and quality control Ability to control costs and deadlines Identify Anchor Tenants Source: Company information • EB Food Residential Office • Ability to identify key anchor tenants based on experience and in-depth understanding across verticals Industrial 23#243 Vietnam's FDI and PMI Achieved Highest Levels Over The Last 12 Months Despite Covid-19 Outbreak In 1Q21 Registered FDI (US$ bn) (1) Industrial Real Estate as a New Growth Driver Top Provinces in Drawing Investment 1Q21 Registered FDI (US$ bn), 2019(2) Registered FDI PMI Index 51 48 46 42 43 33 52 52 50 52 52 54 51 52 946 46 679 649 446 431 420 2.1 3.7 1.6 1.8 3.1 0.7 1.7 2.3 2.9 2.1 2.0 3.5 4.7 Hai Phong HCMC Bac Giang Binh Duong Daklak Tay Ninh Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 24 $10.13bn Accumulated Registered Capital 1Q21 +18.5% YoY Structural Drivers for Increasing Manufacturing in Vietnam (3) ✓ EU-Vietnam Free Trade Agreement (EVFTA) came into effect in August 2020 after 10 years of negotiation, and is set to boost manufacturing activity. The EVFTA is expected to increase GDP by 4.6% and EU bound exports by 42.7% by 2025 ✓ Shifting of manufacturing supply chains to Vietnam due to US-China trade war, low labour costs and government incentives to drive FDI (e.g. LG, Samsung, Kyocera, Nintendo etc.) ✓ Large headroom for growth in manufacturing contribution to Vietnam GDP ✓ One of the most cost-efficient markets for industrial building costs, and one of the most competitive tax regimes in Asia ✓ Abundant land supply to facilitate incoming manufacturing projects ✓ Diversification due to COVID-19 disruption ✓ The New Law on Investment and Law on Enterprise came into effect on 1 Jan 2021, providing further incentives for foreign investment Source: (1), (2) CBRE, World Bank, MPI, FIA and Company research, Exclusive LNG projects in Long An, Can Tho (3) JLL (4) Trading Economics Rent Reached A New High While Occupancy Rate Remained Healthy Across Industrial Parks Industrial Land & Ready-built Factory Market (3) Economic Zone Northern: Lease price YoY growth Occupancy rate 5.8% 75%-98% Hanoi, Hai Phong, Bac Ninh, Hung Yen and Hai Duong Southern: 3.1% 82% -86% HCMC, Binh Duong, Dong Nai, Ba Ria – Vung Tau and Long An#254. Proven Track Record of Developing Vietnamese Brands of Scale 區 18:30#264 Proven Track Record of Developing Vietnamese Brands of Scale Source: Company information Most Loved and Respected Brands Vietnam Report 2020 Top 10 largest enterprises in Vietnam ASEAN NCAP 2020 VNR Excellent award for new manufacturer safety commitment World Travel Awards 2019 • Asia's Leading Family & Beach Resort - Vinpearl Resort & Spa Phu Quoc World's Leading Riverfront Hotel - Vinpearl Luxury Landmark 81 Brand Finance 2019 • Vietnam's Top 50 Most Valuable Brands AUTOBEST 2018 "A Star is Born" Award Contribution to a Sustainable Economy Best Designs PROFBLY AWARDS R International Property Awards • Best Retail Development - Asia Pacific (2019) - Vincom Center Landmark 81 Best International Retail Development (2019) - Vincom Center Landmark 81 World's Best Property (2018) - Vinhomes Riverside Asia Pacific Property Awards . • Best Mixed-Used Development (2019) - Vinhomes Ocean Park Vietnam's Best High-Rise Building (2017) - Vinhomes Metropolis Vietnam's Best Architectural Building (2017) - Landmark 81 Vietnam's Best Mixed-Used Development (2016) - Vinhomes Central Park Asia 300 A 5-50 Most Successful Transactions FinanceAsia Forbes • Global 2000 (2019-2020) Asia's 200 Best Over A Billion (2019) Forbes Vietnam . Top 50 Listed Companies (2019) • Top 40 Most Valuable Brands in Vietnam (2018) Nikkei Asia 300 (2015-2019) • Top 300 largest and fastest growing businesses in Asia Global Banking & Finance Review 2019 • Best Investor Relations Company in Vietnam The Asset AAA • Best Vietnam IPO (2018), Best M&A (2018), Best Syndicated Loan (2018), Best Issuer - Corporate (Southeast Asia - 2018) Best Vietnam Transaction (2020) FinanceAsia . IPO of the Year (2018), Best Vietnam Deal (2018), Private Equity Deal (2017) Best Frontier Market Transaction (2020) 26#274 Superior Brand Equity Fosters Consumer Trust and Lower Customer Acquisition Costs Vin-brands being a household name across sectors... Vingroup nielsen Top 2 local brand Nielsen 2020 Vinhomes– Vincom Retail Tarbiy 50 TẠI NHẤT Top 10 Brand Forbes Vietnam 2020 VinFast AUTO EST 2010 "A Star is Born" Award Auto Best 2018 Vinpearl Vie Vietnam Voys Elk-in Top 10 Five-star Hotels Vietnam Tourism Awards 2018 ...serves as a launch pad for new products to gain immediate recognition and access to a large customer base YouTube AUTO DAILY Autodaily.vn 525K subscribers Record sale of within 10 days Source: Company information 5,200 cars FACEBOOK XE HAY • 1.9M subscribers 59 509,000 Dedicated Members fan groups 27 22#285. Unparalleled Execution Capabilities in New Business Sectors 米 VinFast electric car - VF e35 model#29Taking the Lead in EV With 1 E-bus, 2 New E-motorcycle, and 3 EV Car Models Since Early 2021, Ready to Go Global PHASE 1 Foundation >>> Establishment of (2017-2019) Manufacturing & Commercial Infrastructure PHASE 3 PHASE 2 Acceleration >>> Smart Technology & (2020-2021) Electrification Go Global Global EV Rollout (2022+) Lux SA2.0 Fadil Lux A2.0 2018 2019 Klara Note: EV Electric Vehicle. 2020 President V8 2021 5 new smart EV models VF e36 VF e34 2022 Impes Ludo VinBus (SOP) Theon Feliz 3 new e-motorcycle models VF e35 29#305 Proven go-to-market track record in capturing #1 market share in Vietnam across various segments Execution is Vingroup's trademark E-Motorcycle E-motorcycle segment 15 months to reach #1 position 21% 3 A-segment E-segment Sedan A-segment hatchbacks E-segment sedans¹ 18 months to reach #1 position L 18 months to reach #1 position 88%3 38%3 E-segment SUV E-segment SUVs² 18 months to reach #1 position 90% 3 2Q2020 3Q2020 4Q2020 1Q2021 2Q2020 3Q2020 4Q2020 1Q2021 E-Motorcycle A-segment 2Q2020 3Q2020 4Q2020 1Q2021 E-segment Sedans 2Q2020 3Q2020 4Q2020 1Q2021 E-segment SUVs Source: Based on VAMA and Company information as of 31 March 2021. 4444 ASEAN NCAP level 4 ASEAN NCAP level 5 ASEAN NCAP level 5 Note: 1. E-segment sedans include VinFast Lux A, Mercedes E-Class, BMW Series-5, Volvo S90, Audi A6, Jaguar XF. 2. E-segment SUVs include VinFast Lux SA, Porsche Cayenne, Mercedes-Benz GLE, Volvo X90, Audi Q5, BMW X5, BMW X6, Range Rover Velar, Range Rover Sport, Land Rover Discovery, Lexus GX, Jaguar F-Pace, Volkswagen Touareg, 3. Quarterly market share as of 1Q2021 30#315 Unparalleled Execution Capabilities - Successful Establishment of Manufacturing Capabilities and Commercial Infrastructure Record time to market • State-of-the-art Manufacturing Complex 12 months • Launched three car models 18 months Established supply chain and partnerships with industry leaders Source: Company information Lithium ion battery factory with LG Chem Electrification EDAG SIEMENS LG Chem SAMSUNG SAMSUNG SDI BOSCH FEV Automobiles/E-Motorcycles DÜRR MAGNA JICAHK AVL pininfarina MAGNA STEYR BOSCH SIEMENS KM ך תריסר 7F SCHULER ABB Extensive distribution network for both automobiles and e-motorcycles 78 Showrooms, Dealers & Workshops 183 Showrooms, Dealers & Workshops 31#325 Strategic Partnerships with Industry Leaders Complement in-House R&D Capabilities Integrated in-house product development capability Experience Design 400 Al/Big Data Engineers Technology Ecosystem Vingroup Core Development VINBIGDATA Capabilities (1) Smart Vehicle Application Center Electrification SAMSUNG SAMSUNG SD AVL FEV LG Chem KREISEL Automobiles/Motorcycles KUM Faurecia AVL GM F Continental's 826 VinFast R&D Industrial Design Automotive Electronics Center VinCSS Cater art VINPART VSMART 760 VinSmart Engineers Hardware Design VINUNIVERSITY VITECHI Autonomous Driving Center VinAl 720 VINBRAIN VANTIX Software Design Product Integration Source: Company Information One Mount Group Engineers / Data Scientists Industrial Technology DURA BOSCH SIEMENS GROB DASSAULT SAP ThyssenKrupp ABB SYSTEMES Fully utilized the smart device research and manufacturing capability in the ecosystem Smart Devices Google Qualcomm MEDIATEK SAMSUNG SK hynix ArcSoft IDQ Core Development Capabilities & Vingroup Technology Ecosystem HR Key Suppliers and Industry Partners 32 32#335 Visionary Management With Proven Track Record Board of Directors Mr. Pham Nhat Vuong Chairman of the Board of Directors • Holds a Bachelors Degree in Geological Economic Engineering, graduated from Moscow Geology University in Russia • Long track record as an entrepreneur both in and out of Vietnam, founded Technocom Limited Company in Ukraine, which was sold to Nestle S.A. in 2010 • Established Vinpearl in 2001 and Vincom in 2002 • Founder and largest single shareholder in Vingroup • Recognized as Vietnam's first billionaire by Forbes Magazine (2012), and retained the position as the billionaire with the highest networth in Vietnam since then Ms. Pham Thuy Hang Vice Chairwoman Mr. Le Khac Hiep Vice Chairman cum Independent Member Ms. Pham Thu Huong Vice Chairwoman Mr. Marc Villiers Townsend (1) Independent Member Ms. Nguyen Dieu Linh Vice Chairwoman Mr. Prof. Ling Chung Yee Roy(2) Independent Member Mr. Nguyen Viet Quang Vice Chairman cum CEO Mr. Park Woncheol (3) Member Senior Management Ms. Thai Thi Thanh Hai •Vice Chairwoman •27+ yrs experience ⚫7+ yrs with Vingroup Ms. Le Thi Thu Thuy • Vice Chairwoman •25+ yrs experience 13+ yrs with Vingroup Ms. Le Mai Lan • Vice Chairwoman •24+ yrs experience 7+ yrs with Vingroup Mr. Nguyen Viet Quang • CEO • 25+ yrs experience 11+ yrs with Vingroup James B. Deluca ⚫ Dy CEO •41+ yrs experience 4+ yrs with Vingroup Ms. Mai Huong Noi • Dy CEO 30+ yrs experience 15+ yrs with Vingroup Ms. Anne Pham .CIO Mr. Pham Van Khuong ⚫ Dy CEO 38+ yrs experience 19+ yrs with Vingroup Ms. Duong Thi Hoan ⚫ Dy CEO • 22+ yrs experience • 14+ yrs with Vingroup •16+ yrs experience 8+ yrs with Vingroup Management has an average of 27+ years of experience Source: Company information as of 31 December 2021. (1) Mr. Marc Villiers Townsend is the Chairman of CBRE Cambodia. Prof. Ling Chung Yee Roy is the Managing Director of RL Capital Management. Mr. Park Woncheol is the member of the Board of Directors, SK Investment Vina Il Pte. Ltd. 33#345 Committed to International Corporate Standards 1. Separate Management Teams for Every Business Segment VINHOMES Mr. Pham Thieu Hoa CEO ⚫34+ yrs experience 18+ yrs with Vingroup VINMEC Ms. Le Thuy Anh CEO •24+ yrs experience 10+ yrs with Vingroup VINCIM RETAIL Ms. Tran Mai Hoa CEO •27+ yrs experience ⚫7+ yrs with Vingroup VINPEARL Ms. Vu Tuyet Hang CEO 30+ yrs experience 16+ yrs with Vingroup Ms. Phan Ha Thuy CEO •28+ yrs experience • 7+ yrs with Vingroup V VIRFAST Ms. Thai T. Thanh Hai CEO - 27+ yrs experience 7+ yrs with Vingroup VAUNIVERSITY Ms. Le Mai Lan President •24+ yrs experience 7+ yrs with Vingroup One Mount Group Ms. Nguyen Thi Diu President • 25+ yrs experience • 7+ yrs with Vingroup VINBRAIN Mr. Truong Quoc Hung CEO • Previous: Director of Al Products & Engineering at Microsoft (US) 3+ yrs with Vingroup VinɅi MA Dr. Bui Hai Hung CEO • Previous: Scientist at Google Deepmind, Stanford Research Institute • 3+ years with Vingroup 2. Significant Representation from Independent Directors VANTIX Dr. Nguyen Quang Huy CEO • Previous: Principal Architect, Software Engineer at Microsoft (US) • 3+ yrs with Vingroup VINBIGDATA Dr. Vu Ha Van CEO Percey F. Smith Chair of Mathematics at Yale University 3+ yrs with Vingroup VINGHDLP 3 of 9 directors are independent Source: Company information as of 31 December 2021 VINHOMES 3 of 9 directors are independent VINCOM RETAIL 2 of 6 directors are independent 34#356. Prudent Financial Policies and Strong Financial Position Vingroup data center in Vinhomes Times City 1400#366 Prudent Financial Policies and Strong Financial Position Liquidity management • Minimum cash balance of US$700m or above to avoid liquidity risk • • Only Vietnamese issuer with access to multiple sources of capital, including domestic and international banks, domestic bond market, as well as international private and public capital markets As of Mar 2020, Vingroup has secured short-term bank credit line of US$1.2bn, providing ample liquidity support Staggered debt maturity Well-staggered debt maturity profile with preference towards longer dated tenors Balanced mix of USD and VND denominated borrowings Risk management • Regular risk management reviews and discussion with senior management before major refinancing exercise or new product lunch Established a prudent investment mechanism, taking into consideration of compatibility with corporate strategy, investment return, business synergy, with approval from the Board and Investment Committee Prudent and flexible dividend policy • Prudent and flexible dividend policy subject to Vingroup's growth plans, investment requirements and relevant financial covenants • Vingroup has not paid cash dividend since 2015. We do not expect to pay significant cash dividends in the near term given our growth and investment plans 36#376 Global Reputation and Good Execution Helped Attract Top-Tier International Investors SK 22222 Private Markets Sovereign Wealth Funds & Private Equity QIA GIC TEMASEK Quasi-sovereign EH EULER HERMES Internal Cashflows ^ > VINGROUP CGIF Strategic Partners & Joint Ventures Hanwha LG Chem Private Equity Banks Public Markets Equity Capital Markets VINGROUP VINHOMES VINCOM RETAIL Convertible/Exchangeable Bond Markets VINGRDUP VINPEARL International Debt Capital Markets VINGROUP Domestic Debt Capital Markets Multiple Banking Partners KKR WARBURG PINCUS VINGRDUP V VINHOMES VSMART Source: Company information WINPART VINPEARL VINCOM RETAIL 37 32#38Covid-19 and 1Q2021 Performance Update Mount Group#39Vietnam Is The Brightest Spot In Southeast Asia's Macro-Economy COVID-19 Outbreak In Vietnam Swiftly Under Controlled (1) Highest Level Of Public Investment As % Of GDP And Strongest Rate Cuts Public investment as % of GDP (2020 Target) (Index) 100 Policy 3.971 rate cuts 200 175 80 N/A 75 125 100 60 52 (bps, YTD) 2645 57 60 10.4% 40 20 6.6% 3.9% 3.9% 3.8% 2.6% (No. of new cases) 5,000 4,000 3,000 37 32 41 46 75 ། 2,000 1,000. 27 57 81 0 2 10 46 60 LAO BRU CAM EST THA VIE MAL MYA SIN IND PHI I Average new case/7 days Rapid response index VIE PHI SIN THA MAL IND The Only Country In Southeast Asia Expecting Positive Domestic Consumption Growth In 2020 Domestic consumption growth (%) Least Impacted By COVID-19 With Strongest Recovery Trajectory (2) Real GDP growth (%) Public investment as % of GDP (2020 Target) 11.2 5.5% 7.2% 9.6 7.6 8.4 6.8 6.2 4.4 6.3 6.2 6.3 5.8 2.7 1.9 3.3% 4.0% (3.9%) 1.7% 1.5% (2.0%) (3.9%) (3.9%) (5.5%) (9.5) (9.4%) VIE IND MAL THA PHI SIN PHI -2019 ■2020F Source: (1) Asian Development Outlook 2020 (ADO) Report - Asian Development Bank, Sep 2020, CEIC. (2) Report of S&P Global: Economic Research: Asia-Pacific's Recovery: The Hard Work Begins, Sep 2020. (7.2) (1.1) (5.8) (5.0) THA SIN MAL IND VIE ■2020 2021 ■2022 39#40Vietnamese Government Successfully Contained the Third Wave of Covid-19 Approximately 511,400 Covid-19 vaccine doses have been administered as of 2 May 2021. Vietnam will receive more than 30 million doses, enough for over 30% of population 3rd wave of Covid-19 (28 Jan - 25 Mar) • • 40 40 VINHOMES-No material impact VINCOM RETAIL - The closure of malls in 1Q2021 resulted in minor loss of revenue of VND45bn, or less than 2% of 1Q2021 revenue VINPEARL Bookings cancelled in Feb due to community cases identified, yet number of room nights sold ramped up strongly in March (84% MoM increase), suggesting strong growth in 2Q2021 should the Covid-19 situation to be well under control VINFAST-No impact • VINSMART-No impact 1000 900 800 700 600 9 500 400 300 200 97 40 100 Source: 1st wave of Covid-19 40% growth within 2 months after social distancing was lifted 4 43 +40% 12 11 15 93 14 14 3rd wave of Covid-19 Pandemic was well under controlled by the end of March. Retail malls' visitors are expected to grow strongly from Q2 16 13 13 14 14 12 10 457 2nd wave of Covid-19 Visitors to shopping centers grew 32% after social distancing was lifted +32% 12 611 +40% 10 10 8 1 0 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Community cases Vietnam Ministry of Health; Vincom Retail information. Oct-20 238 61 14 2 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 Shopping mall visitors 6 4 2 о Million visitors#41VinFast Operational Highlights in 1Q2021 1Q2021 Performance Highlights 01 1Q2021 performance (units sold) Unveiled new models in the journey of creating a holistic electric vehicle ecosystem 01 Cars Introduced 3 smart EV cars: VF e34, VF e35, VF e36 6,879(1) cars 02 Top 4 most extensive network Car 36% 6,100 e-motorcycles E-motorcycle 27% 78 showrooms, 183 45% dealers & workshops showrooms, dealers & workshops 54% 19% 19% VF e34 Pre-order started on 24 March 2021 VF e35 VF e36 2022 Launch 2022 Launch 02 E-Motorcycles Winning the targeted segment of young people with holistic approach: Theon Feliz Launched Feliz and Theon in Jan and Feb 2021 to expand segment coverage Recorded 500 orders for Theon and over 2,000 orders for Feliz within first 2 weeks of launch 41 11 ■ 3S showrooms 1S showrooms Authorized dealers 03 Announced the winner of VinFast Global Showroom Design Competition Source: (1) (2) Attracted 1,000 designs from 90 countries 9 best showroom designs were honored at Times Square (USA) on 22nd Apr 2021 Company information as of 31 March 2021. Including Fadil, Lux A2.0, Lux SA2.0 and VinFast President. Number of orders as of 31 March 2021. First-prize winning design by Vicky Daroca (US) 03 Others-Charging Stations, Ebus Charging Stations 9990 • 11 pilot charging stations in Hanoi was built in 1Q2021 • Target: >2,000 stations across 63/63 cities and provinces by the end of 2021 Ebus • 6 smart e-buses officially started operation from 9 April Running internal routes in Vinhomes Ocean Park • In the process of getting necessary approvals to connect with the city public transportation system#4242 42 Integrated Smart City Solutions Continued Being Developed at Three Vinhomes Mega Projects 01 6 key modules are being deployed AGENCE MPARTMENT INTERCOM COMMAND CENTRE INTERCOM CALL SmartHub ୩ Smart security system with 24/7 Al cameras Progress: Completed launching 60% of the functions INTERCOM CALL Smart access control Smart Intercom ALA 02 Introduced VSmart's smart home solutions to the market VSMART Source: Company Information as of 31 March 2021. Hardware and software were developed in-house Smart parking Application for the community O Installing the first 5,000 sets of smart home solutions at premium Vinhomes apartments#43One Mount Group Focused on Increasing VinShop's Coverage and Optimizing the Supply Chain 01 VinID continued expanding its loyalty platform H #1 online grocery app in Vietnam (1) 10.9mn users (+14.1% YoY) (+2.1% YTD) 02 VinShop has rapidly captured and modernized traditional retail markets Bac Ninh Hai Duong. Hung Yen Ha Nam \Bac Giang Hai Phong Thai Binh Ho Chi Minh City 8. Source: Company information as of 31 March 2021. (1) Surveyed by VTV24. Nam Dinh Ninh Binh Hanoi -Binh Duong Dong Nai Ba Ria - Vung Tau 43 Nationwide presence 61,000+ 14/63 retailers onboard cities and provinces +10.6% YTD Growth in # of retailers +5.7% YTD Growth in GMV Supply chain optimization was a focus in 1Q2021 Built dashboard Monitor Q system based on actual data the KPIs/logistics operation Achievements >95% Truck utilization rate 嵐 +10% Warehouse staff productivity Thanks to the deployment of mobile app Identify Cost optimization opportunities 20% Reduction in logistics cost YTD#44Vinhomes's 1Q2021 Highlights 01 Retail sales Retail units pre-sold and deposits secured (1) units continued its strong momentum in March 2021 thanks to new launches at Vinhomes Ocean Park and Vinhomes Smart City 1,216 31% 1,592 1Q2020 1Q2021 02 Roll out innovative Innovative Platforms to Drive Digital Transformation Source: New retail booking (1) VND bn Connected Smart City Solutions 3,100 1Q2020 97% 6,000 1Q2021 Promotion of Green Initiatives and Sustainability 44 44 platforms and implement connected smart city solutions to drive digital transformation, Promote green initiatives and sustainability within the Vinhomes community • VINHOMES VINHOMES RA MẮT SÀN ONLINE CHO THUÊ http://stay.vinhomes.vn Q Thuê nhà online, nhận ngay ưu đãi Tuduk Sarch that of 12 quan ly belehomes 098 500 3379 Announced Online-to-Offline (020) business model in Jan VHM Sales Agent App equips sales agents with a smart, convenient and transparent platform to access updated information about new launches and existing projects Launched leasing website https://stay.vinhomes.vn/ in March to digitalize the leasing activities and support buy-to-let investors e-commerce COMMAND Pioneer of the smart city concept, first in SEA to implement comprehensive smart city of this scale, providing an unrivalled experience to residents Highly advanced comprehensive smart city solutions developed by VinSmart integrated into Vinhomes existing mega projects VinBus electric bus started test-running in Vinhomes Ocean Park Charging stations for VinFast electric vehicles were set up at Vinhomes' urban areas Technopark, 43-storey office building in Ocean Park was designed and operated according to LEED Platinum certification, focusing on Green - Smart - Wellness (1) Company information as of 31 March 2021. Including Vinhomes' and BCC projects only.#45Vincom Retail's 1Q2021 Highlights Leasing revenue (1) VND bn 01 Recovery momentum 90.6% continued from the 3rd quarter of 2020 (9.8%) EBITDA (1) VND bn % of previous year level % of previous year level Leasing NOI (1) VND bn % of previous year level 78.8% 88.9% 84.3% 118.1% 86.1% 81.1% 91.3% 86.5% 132.1% 88.9% (6.3%) 11.5% 4.1% (14.8%) 73.1% 94.0% 43.3% 110.5% 141.2% 1,746 1,313 1,508 1,174 1,178 998 1,218 930 1,068 1,449 1,307 1,608 1,645 1,712 910 1Q20 2Q20 3Q20 4Q20 1Q21 1Q20 2Q20 3Q20 4Q20 1Q21 1Q20 2Q20 3Q20 4Q20 1Q21 Tenants' Sale on Track 02 for Recovery Tenant base continues to expand in Food & Beverage Fashion Vincom malls Covid-19 relative impactin 2020 Entertainment Cinema Anchor tenants expanded their presences VCP CAN THO 2 VCP HA LONG Leasing plan and tenant growth Chain tenants expansion Area *7% January 2021 January 2021 Leastimpact Least impact Medium impact Most impact H&M H&M VMMOCEAN PARK VCP BIEN HOA Recovery in 1Q2021 Gradual recovery Gradual recovery Strong recovery Very strong recovery Note: (1) Based on Vincom Retail's consolidated financial statements. April 2021 Hi 海底捞火锅 January 2021 O KOHNAN JAPAN Haidino Hot Pot Achieved 28% leasing target for 2021 445#46Source: Vinpearl - The Leading Hospitality and Entertainment Platform in Vietnam Premium Hospitality Portfolio at Vietnam's Most Coveted Locations Integrated Lodging And Entertainment Portfolio Of 5+ Star Brands, Providing A Holistic Coverage Across Different Customer Segments Dominant and Fast Growing Portfolio to Capture Domestic and International Tourism Demands Total Room count (#) DA NANG Rooms 2,625 Quang Ninh Young Couples & Group Friends and Family Travelers Couples & Savvy Travelers Facilities 7 Brands Vinpearl Luxury present Vinpearl Resort Lang Son VinWonders Ha Nam Thanh Hoa Vinpearl Golf Vinpearl Condotel của Hội NHA TRANG Ha Tinh Rooms 6,130 Facilities 10 Quang Binh Brands Vinpearl Luxury Hue present Vinpearl Resort VinWonders Vinpearl Discovery DANANO Vinpearl Golf Vinpearl Condotel PHÚ QUỐC Rooms 5,571 Facilities 10 NHA TRANG Brands Vinpearl Luxury • Tay Ninh present Vinpearl Resort PHÚ QUỐC Vinpearl Discovery VinWonders Can Tho Vinpearl Golf VinOasis Current projects Company information as of 31 March 2021, unless otherwise stated. Hoi An 5⭑+ Vinpearl Luxury Vinpearl Luxury VINPEARL 5 VinpearConconel MINOASIS Vinpearl Discovery RESORTS & HOTELS VinpearlGolf Others VinWonders VINPEARL MINOASIS RESORTS & HOTELS ALMAZ 4,029 LO 2015 2015-2020 CAGR: 34.1% 15,986 5,975 3,194 2,78 9,750 3,882 5,868 2016 2017 Hotel rooms 9,738 16,782 10,534 6.24 11,221 2018 Beach villa rooms 2019 Total 2020 17,469 46 460#47Vinpearl's Performance Recovered Strongly in March as the 3rd Wave of The Covid-19 Was Well Contained Hospitality Revenue (VNDbn) Quarterly Room Nights Sold ('000) Monthly Room Nights Sold ('000) 358 809 753 604 107 217 207 173 +84% MoM growth 74 75 73 69 58 40 2Q2020 3Q2020 4Q2020 1Q2021 2Q2020 3Q2020 4Q2020 1Q2021 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 VinWonders Revenue (VNDbn) 127 317 Quarterly number of guests ('000) 171 144 366 907 624 404 Monthly number of guests ('000) 227 220 177 +30% 147 MoM growth 146 111 2Q2020 3Q2020 4Q2020 1Q2021 2Q2020 3Q2020 4Q2020 1Q2021 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Source: Company information as of 31 March 2021. 47 47#48Vinpearl's Performance Across Major Regions The 3rd wave of Covid-19 negatively impacted the performance in February across the regions Phu Quoc Total Revenue (VNDbn) 118 351 302 281 2Q2020 3Q2020 4Q2020 1Q2021 No. of room nights sold ('000) Source: Company information as of 31 March 2021. 84 67 64 Nha Trang Total Revenue (VNDbn) Da Nang & Quang Nam Total Revenue (VNDbn) 69 88 237 132 115 2Q2020 3Q2020 4Q2020 1Q2021 No. of room nights sold ('000) 24 51 52 52 2Q2020 3Q2020 49 49 48 50 50 4Q2020 1Q2021 No. of room nights sold ('000) 35 10 28 14 14 15 2Q2020 3Q2020 4Q2020 1Q2021 2Q2020 3Q2020 4Q2020 1Q2021 2Q2020 3Q2020 4Q2020 1Q2021 29 29#49Key Initiatives for 2021 18:30 19 THÁNG 02 NĂM 2019#50Key Initiatives for 2021 01 Industrials & Technology Launch 4 e-motorcycle models and prepare for the launch of 3 new smart EV & ICE car models Start the operation of VinBus in early 2021 VinID: Promote and expand the customer loyalty network through various programs in association with partners One Mount Group • VinShop: expand coverage to dominate the market, introduce new features and solutions, including financial services for VinShop retailers 02 Services • OneHousing: Promote primary sale for strategic partners, expand into secondary market, strengthen customers' engagement by opening offline store at partners' projects, introduce new financial products • Sustain presales growth thanks to c.30% remaining inventory at the existing mega projects and three additional projects VHS • Continue strong momentum of bulk sales given the shortage of supply and various transactions under negotiation VINCOM RETAIL THA Source: Company information. 888 + • • • • Upgrade Vincom Plaza Da Nang to Vincom Center and renovate different Vincom Center and Vincom Megamall. To focus on large mall formats, further leveraging Vingroup ecosystem Expand key, chain and anchor tenants, and upgrade tenant mix, to include tenants having strong recovery or international brands Develop domestic market to keep up 2020 momentum, focusing on direct sale channel via website and corporate channel Promote marketing activities to target strategic international markets in preparation for the resume of international flights Open one more VinHolidays hotel in Phu Quoc • Accelerate the deployment of preventive healthcare and new healthcare service models • Promote digital transformation, develop products / features to increase competitive advantages and enhance customer experience • • Pass the second JCI patient safety reassessment for Vinmec Central Park and the third one for Vinmec Times City Open 4 new VinSchool campuses in Thanh Hoa and Hanoi VinUni to become a member of international quality accreditation organizations AACSB (Business Administration), ABET (Engineering - Computer Science) 50#51Financial Overview Vinhomes Central Park (HCMC)#52Income Statement Highlights Revenue (1) (VNDbn) Gross Profit(1) (VNDbn) CAGR: 12.9% 107,794 102,254 137,380 2018 2019 2020 Recurring revenue YoY: -5.0% 26,347 25,040 17,862 12 402 1Q2020 1Q2021 ■Property sales 27.3% 33.7% 24.9% 36.4% 20.1% CAGR: 7.9% EBITDA (1) (2) (VNDbn) 25.9% 36.0% 25.9% 36.2% 33.1% CAGR: 12.9% 34,492 34,201 29,376 27,943 YoY: -47.6% 9,595 5,031 36,778 35,693 YoY:-13.0% 9,528 8,293 Profit After Tax(1) (VNDbn) 11,399 13,815 4,546 YoY: 71.7% 505 868 2018 2019 2020 1Q2020 1Q2021 2018 2019 2020 1Q2020 1Q2021 2018 2019 2020 1Q2020 1Q2021 × Gross profit margin X EBITDA margin Source: Audited VAS Consolidated Financial Statements for 2018-2020, Unaudited VAS Consolidated Financial Statements for 1Q2020 and 1Q2021. Financial numbers are pro-forma, adding bulk sales and excluding the retail and agriculture segments. (1) (2) Adds back foreign exchange losses / (gains). 52 62#53Revenue Performance - VAS Property sale (1) (VNDbn) Leasing (VNDbn) Hospitality & Entertainment Services (2) (VNDbn) 88,497 CAGR: 5.8% 66,425 99,058 YoY:-30.6% 5,559 CAGR: 9.5% 6,792 6,662 YoY: 5.0% 6,670 7,759 3,711 Itla illa the 2018 17,862 12,402 1,797 1,885 YoY:-57.4% 1,511 2019 2020 1Q2020 1Q2021 2018 2019 2020 1Q2020 1Q2021 2018 2019 2020 1Q2020 644 1Q2021 Healthcare (VNDbn) 2,631 CAGR: 0.8% 3,025 2,675 YoY: 10.6% 582 Education (VNDbn) 1,450 644 2018 2019 2020 1Q2020 1Q2021 CAGR: 24.4% 2,063 2,244 YoY: 136.9% Industrials (VNDbn) 857 362 556 CAGR: 459.4% 9,201 17,415 YoY: 47.7% 3,259 4,814 2018 2019 2020 1Q2020 1Q2021 2018 2019 2020 1Q2020 1Q2021 Audited VAS Consolidated Financial Statements for 2018-2020, Unaudited VAS Consolidated Financial Statements for 1Q2020 and 1Q2021. Financial numbers are pro-forma, adding bulk sales and excluding the retail and agriculture segments. Source: (1) (2) Adjusted for the sales of beach villas to reflect underlying business performance. 53#54Gross Profit and Margin - VAS Property sale(1) (VNDbn) Leasing (VNDbn) 31.2% Hospitality & Entertainment Services (2) (VNDbn) 53.7% 62.3% 62.9% 13.4% 16.7% 45.3% 53.8% 60.2% 51.1% 49.0% 41.5% 44,828 35,643 CAGR: 7.3% 3,654 3,267 2,838 27,623 CAGR: 27.4% 2018 Healthcare (VNDbn) YOY:-29.9% 11,125 7,803 YoY: 52.3% 745 1,135 29.2% -34.3% -94.1% 1,304 891 440 (3,492) (221) (338) (909) 2019 2020 1Q2020 1Q2021 2018 2019 2020 1Q2020 1Q2021 2018 2019 2020 1Q2020 1Q2021 Education (VNDbn) Industrials (VNDbn) -2.6% 2.0% 8.2% 14.0% -6.0% 5.6% 14.9% 11.3% 39.0% -9.7% 90 60 (246) (5,039) (7,695) 147 (1,446) 60 48 335 (159) 308 255 (1,146) (2,725) (68) 2018 Gross profit margin 2019 2020 Adjusted gross profit margin (3) 80 (49) (106) 1Q2020 1Q2021 249 (35) 4.1% -30.0% -44.1% -54.8% -44.2% (82) 2018 2019 2020 1Q2020 1Q2021 2018 2019 2020 1Q2020 1Q2021 (1) Source: Audited VAS Consolidated Financial Statements for 2018-2020, Unaudited VAS Consolidated Financial Statements for 1Q2020 and 1Q2021. Financial numbers are pro-forma, adding bulk sales and excluding the retail and agriculture segments. (2) Adjusted for the sales of beach villas to reflect underlying business performance. (3) Adjusted gross profit is cash gross profit adjusted for Covid-19 related expenses including charges incurred despite operation being shut down. 54#55Balance Sheet Highlights Debt (1)(2)(3)/Operating EBITDA (4) (x) Total Assets & Total Equity (6) (VNDbn) Breakdown of Total Assets (%) Source: Note: 8.9% 8.7% 8.1% 8.0% 3.3x 3.1x 3.0x 2.8x 2.6x 2.3x 2.2x 2.6x Total assets CAGR: 25.7% 267,381 2018 2019 2020 1Q2021 Total Debt/Operating EBITDA Net Debt/Operating EBITDA 2018 Average borrowing cost (5) 401,156 422,504 419,833 135,853 139,774 118,443 85,591 2019 2020 1Q2021 Total assets ■Total equity 25% 30% VND419.8tn 14% 13% 13% 5% ■Property sale ■Industrials (Mobility & Smart devices) Hospitality & entertainment Leasing Healthcare & education ■Others (7) Audited VAS Consolidated Financial Statements for 2018-2020, Unaudited VAS Consolidated Financial Statements for 1Q2020 and 1Q2021. (1) Total debt is equal to interest-bearing loans and borrowing, numbers for FY2018-2020 excluded retail segment. (2) Net debt is equal to total debt, less cash and cash equivalents and short-term investments, 2018-2020 figures excluded retail segment. (3) Short-term investments exclude share option. (4) On a LTM basis for recurring revenue, operating EBITDA and interest expense, 2018-2020 are pro-forma figures, excluding retail and agriculture segments. Operating EBITDA is EBITDA adjusted for non-recurring items (5) Inclusive of hedging expenses. (6) Numbers for FY2018-2020 are pro-forma, excluding retail and agriculture segments (7) Others refers to technology and others. Assets managed on a Group basis refers to assets such as long term investment, deposits for transfer investment and financial obligation guarantee, among others. 55#56Balance Sheet Highlights Breakdown of Total Debts (%) Domestic bond 36.3% Bank loans 3.5% Total Debt Breakdown By Currency (%) (1) VND 78.0% Exchangeable bond 4.0% VND138.4tn Other 3.8% Debt Maturity (VNDbn) Syndicated loan 52.4% USD VND138.4tn 22.0% 63,880 11,774 31,633 34,038 20,655 379 3,523 16,702 26,329 8,818 31,451 13,813 4,924 8,818 Less than 1 year 1-3 years Corporate bond 3-5 years More than 5 years ■Syndicated loan ■Bank borrowings & others Source: Audited VAS Consolidated Financial Statements for 2018-2020, Unaudited VAS Consolidated Financial Statements for 1Q2020 and 1Q2021 (1) (2) Includes US$ debt which is hedged for foreign exchange rate purposes. Includes floating rate debt which is hedged for interest rate purposes. Total Debt Breakdown By Interest Rate (%) VND138.4tn (2) Fixed 35.5% Floating 64.5% Average debt maturity: 3.43 years Average debt maturity (excl. Vinhomes' debts): 3.83 years 56#57Leverage, Coverage and Other Ratios Leverage ratios 1Q2021 FY2020 Change Net debt (1 -(1)(2) /Operating EBITDA (3) 2.6x 2.2x 0.4x Net debt (1) (2) (Total assets - cash & ST investments (2)) / 27.4% 23.5% 3.9 ppts Coverage ratios Recurring revenue / Interest expense (3) Operating EBITDA / Interest expense (3) 3.7x 3.4x 0.3x 3.6x 3.7x (0.1x) Others Debt maturity (years) Debt maturity (years) (Excl. Vinhomes' debt) Average borrowing cost (4) Source: (1) (2) Audited VAS Consolidated Financial Statements for 2018-2020, Unaudited VAS Consolidated Financial Statements for 1Q2020 and 1Q2021. Net debt is equal to total debt, less cash and cash equivalents and short-term investments. Short-term investment excludes share option. (3) (4) On a LTM basis for recurring revenue, operating EBITDA and interest expense. Operating EBITDA is EBITDA adjusted for non-recurring items. Inclusive of hedging expenses. 3.43 3.56 (0.13) 3.83 4.03 (0.2) 8.0% 8.1% (0.1 ppts) 57 40#58Company Information مو D#59Vingroup 59 59 Vingroup Joint Stock Company ("Vingroup" or "the Group") is the largest listed companies in Vietnam, as measured by market capitalization with VND397.4 trillion (c. USD17.2 billion) as at 31 May 2021. Vingroup today bases its strategy on the principles of sustainability and professional management to operate in three major business segments: • Industrials - VinFast, the first and largest domestic comprehensive automobile-maker and electric scooter producer in Vietnam • Technology • - VinTech conduct research on Al, automation and next-generation materials and employ applications of technologies accordingly - One Mount Group creates Vietnam's largest digital ecosystem with VinID super app connected to the largest loyalty platform, Vinshop B2B2C platform transforming traditional retail and One Housing one-stop-shop real estate products and services platform Real Estate and Social Services Residential Vinhomes premium apartments, villas and shophouses, mid-end real estate with integrated facilities, Happy Town - affordable housing - Retail Leasing Vincom quality shopping malls - Hospitality-focused Vinpearl hotels, resorts and beach villas, and VinWonders amusement parks and conservation parks - Healthcare service provider, Vinmec (including hospitals and clinics) - Quality education provider Vinschool featuring the K-12 education system and VinUni non-profit private university Vingroup was listed on the HOSE on 07 September 2007. More information on the Group can be found at www.vingroup.net. OFFICES HANOI HEADQUARTERS Number 7, Bang Lang 1, Vinhomes Riverside Long Bien District Hanoi, Vietnam HỌ CHI MINH CITY BRANCH Vincom Dong Khoi - 4th Floor 72 Le Thanh Ton, District 1 Ho Chi Minh City, Vietnam CONTACTS Investor Relations Department Address: Vingroup Hanoi Office (Headquarters) [email protected] +84 (24) 3974 9999 (Ext. 9462) Email: Tel: Fax: +84 (24) 3974 8888 Note: US$ to VND exchange rate of 23,071 as of 23 April 2021 used.