Slide 1: 3Q2024 Quarterly Results
3Q2024 Quarterly Results 30 October 2024
Slide 2: Key Highlights
SWIZUZA KEY THIGMIGNts GDP growth in 3Q2024 FDI disbursement in 9M2024 9 : +7.4% YoY USD 17.3 bn a The 2" highest quarter in the last 5 years +9.0% YoY Vietnam total retail sales in 9M2024 CPI in 9M2024 remained controlled +8.8% YoY +3.8% YoY Under NA target of 4.5% Total revenue in 9M2024 Net profi
Slide 3: 1. Market Overview
Slide 4: Vietnam economy maintains strong growth momentum amid global uncertainties in 3Q2024
Vietnam economy maintains strong growth momentum amid global uncerntainties in 3Q2024 Vietnam’s economic growth remained robust, led by industrial and construction sector Real GDP Growth 24F (%) GDP 3Q2024 ° ce) a 6.1 ATA% . Yoy indonesia 5.0 Malaysia 44 GDP 92024 World 34 9 A 6.8% Thailand 29 YoY S
Slide 5: Retail real estate market witnessed a resurgence in new supply
3Q2024 EARNI RESENTATION Retail real estate market witnessed a resurgence in new supply, along with a demand shift in categories Supply continued to be modest in Hanoi while supply in Ho Chi Minh City (HCMC) witnessed a surge, contributed by Vincom Mega Mall Grand Park Unit: 000 sqm NLA Hanoi New Su
Slide 6: Business and Operational Updates
3Q2024 EARNINGS PRESENTATION Business and Operational Updates _ st = | =i : La] aft. Whe :
Slide 7: Operational and Financial Metrics
3Q2024 EARNINGS PRESENTATION 8 Operational and Financial Metrics Unit: VND billion 2Q2024 3Q2024 Recupancy 3Q2023 «22024-32024 vor ate’ (pp) GFA (‘000 sqm) 1,814 1,827 A 07% Vincom Center 95.5% 93.0% 92.0% W 3.5% W 1.0% Leasing revenue 1,940 1,983 A 2.2% Vincom Mega Mall 90.3% 88.2% 88.3% W 1.9% A 0
Slide 8: Fortifying VRE's leading position in coverage: Continued new mall expansion
3Q2024 EARNINGS PRESENTATION i Fortifying VRE’s leading position in coverage: Continued new mall expansion Successfully launched Vincom Plaza Bac Giang... ..aimed to become the top attraction point of the province... Facade Interior cit Positioning ¥* destination mall of the city and local provinces
Slide 9: Adhering to asset enhancement strategy: Revamping existing mall portfolio
3Q2024 EARNINGS PRESENTATION Adhering to asset enhancement strategy: Revamping existing mall portfolio Upgraded mall positioning: Vincom Plaza Imperia - Hai Phong Vincom Plaza Imperia Location Hai Phong GFA! 17,300 sqm Customer Young people, office workers, Segments middle to affluent families 1.2 m
Slide 10: The Heart of Festivals and Integral to the Enhancement of the Communities
The Heart of Festivals and Integral to the Enhancement of the Communities Organized a series of marketing events across the shopping mall system Collaborated with Vingroup in establishing charity event “Sowing the Kindness Seeds” in Grand World Hanoito support community post Typhoon Yagi 01. Full Mo
Slide 11: Updates on pipelines: Target to open new shopping malls in 2025
3Q2024 EARNINGS PRESENTATION Updates on pipelines: Target to open 3 new shopping malls in 2025, adding c.120,000 sqm GFA 4Q2024 2Q2025 3Q2025 4Q2025 Vincom Plaza Vinh Vincom Plaza Dong Ha Quang Tri Vincom Mega Mall Ocean City Vincom Mega Mall Royal Islands Neighborhood mall Destination mega Destinat
Slide 12: Updates on pipelines: Acquiring commercial components in Vinhomes projects
13 Updates on pipelines: Acquiring commercial components in Vinhomes projects to develop shophouse Vinhomes Royal Islands - Hai Phong, Vinhomes Golden Avenue - Quang Ninh Description of Large-scale mixed-use integrated residential and Description of Large-scale mixed-use integrated residential and V
Slide 13: Vincom Retail Financial Results
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Slide 14: Leasing revenue in 3Q2024 held steady compared to last year
32024 EARNINGS PRESENTATION Leasing revenue in 3Q2024 held steady compared to last year, while sales of inventory properties decreased as shophouse handover of existing projects neared completion Figures in VND billion 3Q2023 3Q2024 YoY Note Revenue from Leasing of Investment Properties and Renderin
Slide 15: Leasing revenue grew QoQ while maintaining a high profit margin
32024 EARNINGS PRESENTATION Driven by the opening of new shopping malls and higher occupancy rates, leasing revenue in 3Q2024 grew compared to the previous quarter while maintaining a high profit margin Total Revenue VND Bn 9,259 270 8329 218 7,361 223 = 5,891 W772 Leasing: +2.2% QoQ 186 381 v 7,004
Slide 16: Cumulative total revenue for 9M2024 declined year-over-year
GS PRESENTATION 32024 EARN Cumulative total revenue for 9M2024 declined year-over-year primarily due to fewer shophouse handovers as projects neared completion Figures in VND billion 9M2023 9M2024 YoY Note Revenue from Leasing of Investment _ ° Properties and Rendering of Related Services 5,845 5,85
Slide 17: Business activities in 9M2024 have moderated and stabilized
S PRESENTATION Following the impressive growth in 2023 driven by pent-up demand post-pandemic, overall business activities in 9M2024 have moderated and stabilized Gross profit Total Revenue VND Bn VND Bn Gross profit margin (%) 9701 : : : : 535% 499% 125% 536% Saar SK ax 223 749 ean 363% (aeiw 507%
Slide 18: Balance Sheet
3Q2024 EARNINGS PRESENTATION 9 Balance Sheet Total Assets! 2 VND Bn 31/12/2020 31/2/2021 31/2/2022 = Investment Properties and Investment Properties Under Construction Owner's Equity” VND Bn 29,336 30,661 31/12/2020 3iyi2/2021 33,425 31/12/2022 41654 31/12/2023 Other assets 37,827 31/12/2023 30/09/2
Slide 19: Contact
3Q2024 EARNINGS PRESENTATION 20 Dh CE init wilh i Symphony Office Tower, Chu Huy Mal Street, Vinhomes Riverside Eco-Urban Area, + rs Phuc Loi Ward, Long Bien District, % Hanoi, Vietnam ~\ Tel: +84 (24)3975 6699 ext, 5445 . ~ Website: https://ir.vincom.com.vn/en/ a* - ag ‘ * . ——) E-mail: ir@vincom.c