Discount Management Update

6 February 2026

Vietnam Enterprise Investments Limited

("VEIL" or the "Company")

VEIL is a London-listed investment company investing primarily in listed equities in Vietnam and is a FTSE 250 constituent.

Discount Management Update for Shareholders

January 2026

The Board of Vietnam Enterprise Investments Limited ("VEIL") is providing a monthly update on the Company's share buyback activity, which is conducted as part of its ongoing commitment to discount management.

The Board believes that the use of share buybacks remains an effective tool to manage the absolute level and volatility of the share price discount to net asset value (NAV) and continues to authorise purchases when it believes such activity is in the best interests of shareholders.

Below is a summary of buybacks conducted as at 31 January 2026:

*Shares Purchased include 16,108,143 shares repurchased by the Company as part of the tender offer which completed on 19 January 2026

**Based on Total Outstanding Shares of 160,977,760 at the beginning of 2026

For further information, please contact:

Vietnam Enterprise Investments Limited

Steven Mantle

+44 75537 01237

[email protected]

Jefferies International Limited

Stuart Klein                                                                                                                        

+44 207 029 8703

[email protected] 

Montfort

Gay Collins

+44 (0)7798 626282

+44 (0)20 3770 7905

[email protected]

h2Radnor

Iain Daly

+44 20 3897 1830

[email protected]

LEI: 213800SYT3T4AGEVW864