Vingroup Joint Stock Company · HOSE:VIC
Vingroup Joint Stock — Vingroup — Investor Presentation (September 2026)
51 slides from Vingroup Joint Stock's investor presentation, September 2026
Slide 1: Vingroup Corporate Presentation
& VINGROUP Vingroup Corporate Presentation September 2026 .'=«
Slide 2: Important Notice
CORPORATE PRESENTATION Important 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 “Comp
Slide 3: Table of Contents
CORPORATE PRESENTATION Table of Contents About Vingroup Key Competitive Advantages Macroeconomic Updates Financial Highlights 2026 Outlook VinFast Electric Vehicle - VF 7
Slide 4: 1. About Vingroup
Slide 5: • • • • • 17% 6% 5% 1% 8% • • • •
• • • • • 17% 6% 5% 1% 8% • • • • • • 53% • • • • •
Slide 6: Investors and partners over time
• • • • • • • 5 7 1993 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1H2026 Sovereign Wealth Funds Strategic Partners & Joint Ventures Private Equity Other Investors / Capital
Slide 7: Corporate Structure
CORPORATE PRESENTATION 7 Corporate Structure VinerouP Industrials - Technology Real Estate Development Infrastructure Green Energy Culture Social Enterprises and Services ; 61.4% - 50.7% | \¥ pureEvoEM| 721% | ¢ RealEstate p02) Railway 3 Green Ain Cultural & | 100% ‘Vion istic Development vivsseee D
Slide 8: ● ● ● ● ● ● ● ● ● ● ● ● ● ●
● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ●
Slide 9: Vinmec - Centers of Excellence
CORPORATE PRESENTATION Vingroup and The Founders' Efforts “For a Better Life of People” Vinmec - Centers Of Excellence With Specialized Infrastructure And High-quality Offerings 14+ 2,428 10 7 ] c.5.6 million % Years of Total bed General hospitals! Clinics! Research centers! Number of outpatient vis
Slide 10: Vinschool - Largest Private K-12 Education System
CORPORATE PRESENTATION Vingroup and The Founders’ Efforts “For a Better Life of People” (cont'd) Vinschool - Incubator of Talent and Largest Private K-12 Education System in Vietnam! Pts ‘VINSCHOOL 58 c.51,000 c.7,400 Campuses under operation in Students? Teachers & 5 provinces, municipalities? empl
Slide 11: VinUniversity - A University of Excellence
CORPORATE PRESENTATION Vingroup and The Founders' Efforts “For a Better Life of People” (cont'd) VinUniversity - A University of Excellence - Developing Talents for the Future v VINUNIVERSITY . Loe . The Youngest Vietnam's first UNESCO Chair University in APAC to receive 5 stars on the QS rating sys
Slide 12: VinBus, Foundations and Social Initiatives
CORPORATE PRESENTATION Vingroup and The Founders' Efforts “For a Better Life of People” (cont’d) _f viNBUS ‘A modern, smart electric bus fleet equipped with essential technologies, safety features available for the first time in Vietnam, VinBus has presence in five cities with 614 buses! and operati
Slide 13: 2. Key Competitive Advantages
CORPORATE PRESENTATION 2. Key Co Favorable Macro-Economics in Vietnam and Across All Consumer Industries Unparalleled Execution Capabilities in New Business Sectors Dominant Integrated Real Estate Developer, Owner and Operator Largest Ecosystem in Vietnam with Market Leadership Across Multiple Busin
Slide 14: 2.1 Favorable Macro-Economics in Vietnam
2.1 FAVORABLE MACRO-ECONOMICS IN VIETNAM AND ACROSS ALL 2.1 Favorable Macro Economics in Vietnam and Across All Consumer Industries
Slide 15: Private Sector as the New Driver to the Economy
2.1 FAVORABLE MACRO-ECONOMICS IN VIETNAM AND ACROSS ALL CONSUMER INDUSTRIES 5 Private Sector as the New Driver to the Economy Dynamic private sector for fostering innovation and sustaining Vietnam's long-term economic momentum. Strong public investment for industrial growth and national competitiven
Slide 16: Philippines Singapore The Philippines
Singapore Thailand Malaysia Indonesia The Philippines Vietnam Malaysia Indonesia Thailand The Philippines Vietnam Singapore Malaysia Thailand Indonesia The Philippines Vietnam
Slide 17: Tourist arrivals and tourism receipts
30,0 10,0 9,0 25,0 8,0 7,0 20,0 6,0 15,0 5,0 4,0 10,0 3,0 2,0 5,0 1,0 - - 2025 2026E 2027E 2028E 2029E 2030E 2025 2026E 2027E 2028E 2029E 2030E 2025 2026E 2027E 2028E 2029E 2030E Total tourist arrivals, million International tourism receipts, USD billion
Slide 18: 2025 2030E 2025 2030E 2025 2030E 2025 2030E 2025 2030E 2025 2030E
2025 2030E 2025 2030E 2025 2030E 2025 2030E 2025 2030E 2025 2030E
Slide 19: 2.2 Unparalleled Execution Capabilities in New Business Sectors
2.2 Unparalleled Execution Capabilities in New Business Sectors
Slide 20: • • • 2022 2023 2024 2025 2026
• • • 4 197 7 97 33 2022 2023 2024 2025 2026
Slide 21: VinFast - Comprehensive EV Portfolio
2.2 UNPARALLELED EXECUTION CAPABILITIES IN NEW BUSINESS SECTORS VinFast - Leading through a Comprehensive and Fully Commercialized Vv EV Portfolio — LAC HONG VINFAST — PERSONAL VEHICLES GREEN — COMMERCIAL LINE ULTRA LUXURY oe SS Gs ae So Se Ss S. soo Si So Ms ele Gs ce Minio Herio Nerio Limo lacHong
Slide 22: Technology: Driving Smart Mobility Forward
2.2 UNPARALLELED EXECUTION CAPABILITIES IN NEW BUSINESS SECTORS Technology: Driving Smart Mobility Forward Vv In Partnership with Vingroup Technology Ecosystem pata Flywheg, coahNOlOSY Platfor,, o 6 “4291 snonuyuoO ~ noe * ‘Source: Company information ViNFAsT Hardware Integration 1 1 1 _ . wu 4 ' .
Slide 23: Autonomy: Path to Level 4 through Strategic Partnerships
2.2 UNPARALLELED EXECUTION CAPABILITIES IN NEW BUSINESS SECTORS 23 Autonomy: Path to Level 4 through Strategic Partnerships Vv a VinFast continues to strengthen its technology partnerships to support its long-term autonomy ambition. On June 1, 2026, at GTC Taipei, VinFast (alongside partner Autobrai
Slide 24: Green SM - Leading the Green Transition
2.2 UNPARALLELED EXECUTION CAPABILITIES IN NEW BUSINESS SECTORS Green SM - Leading the Green Transition 200,000+ evs a’ Fleet size! GREENSM #1 in taxi & ride hailing industry in Vietnam 15 MN customers Active customers? COMPREHENSIVE SUITE O| RVIC! Green Mini / Green Car Green Premium Green Limo Eco
Slide 25: VinEnergo - Comprehensive Green Energy Solutions
2.2 UNPARALLELED EXECUTION CAPABILITIES IN NEW BUSINESS SECTORS VinEnergo - Comprehensive Green Energy Solutions for the Future yd 2.8 GW 100 GW , Renewable energy Target development portfolio under scale in Vietnam and A development in Vietnam international markets VinEnergo ° Integrated renewable
Slide 26: 2.3 Dominant Integrated Real Estate Developer, Owner, and Operator
2.3 Dominant Integrated Real Estate Developer, Owner, and Operator THE 1,200-HA “OCEAN DISTRICT” OF HANOI'S EASTERN RESIDENTIAL MARKET
Slide 27: Vinhomes - Vietnam's #1 Real Estate Developer
2.3 DOMINANT INTEGRATED REAL ESTATE DEVELOPERS, OWNER, AND OPERATOR ea Vinhomes - Vietnam’s #1 Real Estate Developer #1 Real estate developer in SEA - Dominant position in Vietnam All-in-one ecosystem integrates with ESG & smart living innovation VINPEARL/ VINWONDERS: ESG excellence Hotel & Entertai
Slide 28: Vinpearl - Leading Integrated Hospitality Platform
2.3 DOMINANT INTEGRATED REAL ESTATE DEVELOPERS, OWNER, AND OPERATOR Vinpearl - Vietnam’s Leading Integrated Hospitality Platform with Premium Resorts & Hotels Vietnam's Leading Hospitality & Entertainment Brand 4 VINPEARL @ Hotels & Resorts © Theme parks @ Golf courses Operational clusters (270 ~ 1.
Slide 29: Vincom Retail - Leading Retail Real Estate Platform
2.3 DOMINANT INTEGRATED REAL ESTATE DEVELOPERS, OWNER, AND OPERATOR Vincom Retail - Vietnam’s Leading Retail Real Estate Platform ef USD2.5bn 90 VINCOM RETAIL Operating malls? Market cap? 1.91 mn Total mall GFA (m2 ~211mn Annual mall footfalls* USD 335 mn 2025 revenue® (except Hanoi) Vinoom Center V
Slide 30: 2.4 Largest Ecosystem in Vietnam
2.4 Largest Ecosystem in Vietnam with Market Seal), Across Multiple Businesses Fe
Slide 31: Largest Ecosystem in Vietnam with Market Leadership
2.4 LARGEST ECOSYSTEM IN VIETNAM WITH MARKET LEADERSHIP ACROSS MULTIPLE BUSINESSES a TIAM Largest Ecosystem in Vietnam Book hotel/ Entertainment services With Market Leadership Across Multiple Businesses + The only company in Vietnam with extensive presence across the consumer ecosystem = 1PM 9AM He
Slide 32: Leveraging Data Analytics for Behavioral Understanding
2.4 LARGEST ECOSYSTEM IN VIETNAM WITH MARKET LEADERSHIP ACROSS MULTIPLE BUSINESSES Leveraging Data Analytics for Deep Behavioral Understanding and Continual Improvement of Platform Offerings Technology Companies Data Analytics CONSUMER DATA CONSUMER PREFERENCES Personalized Services & Products ° Vin
Slide 33: 2.5 Prudent Financial Policies and Strong Financial Position
2.5 Prudent Financial Policies And Strong Financial Position
Slide 34: Prudent Financial Policies and Strong Financial Position
2.8 PRUDENT FINANCIAL POLICIES AND STRONG FINANCIAL POSITION 34 Prudent Financial Policies and Strong Financial Position Liquidity * Minimum cash balance! of USD 700 million or above to avoid liquidity risk. management * Only Vietnamese issuer with access to multiple sources of capital, including do
Slide 35: Global Reputation Helped Attract Top-Tier International Investors
Global Reputation and Good Execution Helped Attract Top-Tier International Investors Sovereign Wealth Funds Equity Capital Markets Banking Public Partners Markets Strategic Partners & Joint Ventures Convertible / Exchangeable Bond Markets Private Internal International Debt Capital Markets Private E
Slide 36: Visionary Management with Proven Track Record
2.8 PRUDENT FINANCIAL POLICIES AND STRONG FINANCIAL POSITION 36 Visionary Management with Proven Track Record and Extensive Experience Board of Directors Mr. Pham Nhat Vuong + Holds a Bachelors Degree in Geological Economic Engineering, graduated from Moscow Geology University in Russia Chairman of
Slide 37: Committed to International Corporate Standards
2.8 PRUDENT FINANCIAL POLICIES AND STRONG FINANCIAL POSITION Committed to International Corporate Standards Seasoned Management Teams for Every Business Segment VV WY... § § ' on “ VINHOMES YINHOM: VINPEARL. 4 pee am Nhat Quan Anb| Mr. Pham Nhat ta Mr. Pham Thieu Hoa Ms. Nguyen Thu Hang Ms. Ngo Thi
Slide 38: Rising Sustainably: Powering Vietnam's Green Transition
2.8 PRUDENT FINANCIAL POLICIES AND STRONG FINANCIAL POSITION Rising Sustainably: Powering Vietnam’s Green Transition ESG Strategy @ Powering the Green Transition @® Fostering Inclusive Human Development ® Strengthening Resilience & Responsible Governance Driving lower-catbon economy through the expa
Slide 39: 3. Macroeconomic Updates
Vinpearl Wonderworld Pau Quoc
Slide 40: Public investment disbursements and currencies
Public investment disbursements (VND trn) 500 % to annual budget plan 40% 450 35% 400 30% 350 25% 300 20% 250 15% 200 10% 150 5% 100 0% 50 -5% 0 -10% 1H2025 1H2026 1H2025 1H2026 1H2022 1H2023 1H2024 1H2025 1H2026 1H2022 1H2023 1H2024 1H2025 1H2026 1H2022 1H2023 1H2024 1H2025 1H2026 USDTHB USDPHP USD
Slide 41: Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4
20 ▲ ✓ 15 10 5 - ✓ Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026 2024 2025 2026 8 ▼ 240 ▼ 6 200 160 4 120 80 2 40 - - Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026 2024 2025 2026 2024 2025 2026
Slide 42: 4. Financial Highlights
Slide 43: Property and non-property revenue
2023 2024 2025 1H2025 1H2026 2023 2024 2025 1H2025 1H2026 2023 2024 2025 1H2025 1H2026 2023 2024 2025 1H2025 1H2026 Property revenue Non-property revenue
Slide 44: Revenue by segment
2023 2024 2025 1H2025 1H2026 2023 2024 2025 1H2025 1H2026 2023 2024 2025 1H2025 1H2026 Property sales Industrials Hospitality & entertainment services Education Healthcare Leasing Others 2023 2024 2025 1H2025 1H2026 2023 2024 2025 1H2025 1H2026
Slide 45: 10.000 8.000 6.000 4.000 2.000 – (2.000) 2023 2024 2025 1H2025 1H2026 2023 2024
10.000 8.000 6.000 4.000 2.000 – (2.000) 2023 2024 2025 1H2025 1H2026 2023 2024 2025 1H2025 1H2026 2023 2024 2025 1H2025 1H2026 2023 2024 2025 1H2025 1H2026 2023 2024 2025 1H2025 1H2026
Slide 46: Assets, equity and leverage
Property Sales Industrials Hospitality & entertainment Healthcare & education Dec-22 Dec-23 Dec-24 Dec-25 Jun-26 2022 2023 2024 2025 LTM2026 Others Total Debt / EBITDA Net Debt / EBITDA Total assets Total equity
Slide 47: Debt by type and maturity
Bank borrowings and others Syndicated loan & Int'l bond Domestic bond Revolving bank loan Less than 1 year 1-3 years 3-5 years More than 5 years
Slide 48: Leverage, Coverage and Other Ratios
CORPORATE PRESENTATION 48 Leverage, Coverage and Other Ratios LTM as of 30.6.2026 FY2025 Change Leverage ratios Net debt!?/ EBITDA? 21x 2.7x -0.6x Net debt! / (Total assets - cash & ST investments”) 20.5% 24.1% -360Bps Coverage ratios Recurring revenue / Interest expense® 5.6x 5.2x +0.4x EBITDA / In
Slide 49: 5. 2026 Outlook
Slide 50: Outlook
CORPORATE PRESENTATION 2026 Outlook Targeted Consolidated Revenue VND 485,000 billion equiv. USD 18.4 billion +46% vs 2025 Revenue Targeted Profit After Tax VND 35,000 billion equiv. USD 1.3 billion 3.2x vs 2025 Profit after tax Key drivers in 2026 oO © © Social Enterprises 4 whe ++ Industrials and
Slide 51: • − − − − − − − − − • − − −
• − − − − − − − − − • − − − − − • − • − • − • − − −