Vincom Retail Jsc · HOSE:VRE
Vincom Retail Jsc — Vincom Retail — Investor Presentation (October 2024)
24 slides from Vincom Retail Jsc's investor presentation, October 2024
Slide 1: Vincom Retail Corporate Presentation
4 VINCOM RETAIL Corporate Presentation October 2024
Slide 2: Disclaimer
RETAIL CORPORATE PRESENTATION 2 vine Disclaimer 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 Vincom Retail Joint Stock Compa
Slide 3: Table of Content
VINCOM RETAIL CORPORATE PRESENTATION Table of Content 1 Vincom Retail: The Market Leader in Vietnam 2 Key Investment Highlights 3 Medium and Long-term Plan ‘incom Plaza Ha Long ~ Quang Ninh
Slide 4: Vincom Retail: The Market Leader in Vietnam
\Vinoom Mega Mall
Slide 5: Vincom Retail's Unique and Dominant Position
VINGOM RETAIL CORPORATE PRESENTATION Vincom Retail’s Unique and Dominant Position The ultimate shopping destination of cities and provinces across the country 87 47 cities, provinces Hanoi & HCMC Operating malls Nationwide network! Accounts for ~60% total GFA ~1.83 mn 174 mn 83.9% Retail GFA (sqm) A
Slide 6: Emergence of Vincom Retail as a Pioneer and Clear Market Leader
VINCOM RETAIL CORPORATE PRESENTATION Emergence of Vincom Retail as a Pioneer and Clear Market Leader 2014 - 2023 CAGR 17% 15% Leasingrevenue _Retail GFA 1 Retail GFA (‘000 sam) SS Leasing Revenue (VND bn) IEO! and listed on HOSE ¥t retail mall in 5,506 Vietnam - Vincom Center Ba Trieu hid l= wm a Le
Slide 7: Key Investment Highlights
21 2.2 2.3) 24 2.5
Slide 8: Vietnam remains an economic bright spot
VINCOM RETA on 21 Amidst global headwinds, Vietnam remains an economic bright spot. Vietnam Among The Fastest Growing Economies in Southeast Asia DP growth (%) m2024E = 2025F GDP 2@2024 6.9% ox 62% 6.5% +6.9% .0% 5.8% 5.0% 51% YoY Ahh bb% 3.2% 27% 4 9% GDP 1H2024 ~ 9 +6.4% YoY Singapore Thailand Mal
Slide 9: Favorable demographics and macroeconomic tailwinds
VINCOM RETAIL CORPORATE PRESENTATION 21 ...supported by strong favorable demographics and macroeconomic tailwinds Third most populous country in the Southest Asia with low base disposable income ..accelerated by continued trend of urbanization per capita with potential for growth... Urban population
Slide 10: Retail sales and consumption growth outlook
200 200 160 160 120 120 80 80 40 40 0 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024F 2025F 2026F 2027F 2028F 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024F 2025F 2026F 2027F 2028F
Slide 11: The Go-to platform for international and local brands
VINGOM RETAIL CORPORATE PRESENTATION 23 The “Go-to” platform for well-known international and established local brands The trusted partners for first-time entrants into the Vietnam market... Best-in-Class tenant portfolio of Vincom system Fashion & Beauty » A BE ZARA AM FR ore PRESEN MaxMara CHARLES
Slide 12: Successful Case Study: Grand World - Ocean City
VINGOM RETAIL CORPORATE PRESENTATION 2.3 Successful Case Study: Grand World - Ocean City, East of Hanoi Number of footfalls ~6 million In1H2024 Total retail sales of tenants ~VND 500 bn In1H2024 Residents from cities/provinces 30 million Within 2 hours drive Note: Company Information Pioneer in deve
Slide 13: Unrivalled landbank by partnering with Vingroup
VINGOM RETAIL CORPORATE PRESENTATION 24 Unrivalled landbank by partnering with Vingroup - The Best-in Country Ecosytem Access to the Unrivalled Landbank from Vietnam's Biggest Real Estate Developer c.200mn Vinhomes’ Landbank Breakdown (mn sqm) Sqm of landbank' vw ~ § Leveraging other Vingroup's tech
Slide 14: Institutional-level corporate governance in place
VINCOM RETAIL CORPORATE PRESENTATION % 25 Institutional-level corporate governance in place Fair dealing principle Transparent e Decision Making Access to landbank Affiliated Tenants & Management Services Contracts + Leases with internal tenants management services contract are negotiated on arm's l
Slide 15: Highly experienced management team
VINGOM RETAIL CORPORATE PRESENTATION 25 Highly experienced management team éie sé Hoa Tran (Ms.) Chairwoman of the Board of Directors 28 years of experience Hien Pham (Ms.) Chief Executive Officer 25 years of experience Khanh Nguyen (Mr.) Deputy Chief Executive Officer 9 years of experience Ha Pham
Slide 16: Committed as a sustainable developer, community builder, and lifestyle pioneer
VINGOM RETAIL CORPORATE PRESENTATION 25 Committed as a sustainable developer, community builder, and lifestyle pioneer Sustainability Developer + Installed solar panels at 54/83 shopping malls, covering 10% of the energy consumption of Vincom retail malls. Total energy usage from solar panels by end
Slide 17: Solid earnings throughout Covid-19 pandemic fueled by impressive margins
VINCOM RETAIL CORPORATE PRESENTATION v 26 Solid earnings throughout Covid-19 pandemic fueled by impressive margins Total Revenue VND Bn 9,259 2 JS 5,891 2,027 186 1,004 7017 4701 2019 2020 2021 2022 2023 1H2023 1H2024 m Leasing of Investment properties Sale of Inventory properties ™ Other revenues L
Slide 18: Fortress balance sheet supports future growth
VINCOM RETAIL CORPORATE PRESENTATION 8 2.6 Fortress balance sheet supports future growth Total Assets! 2 Total Borrowings, Cash and Cash Equivalents VND Bn 52,328 VNDBn 41,654 77 ai 39,816 57873 2701 5726 35,899 946 5,173 vad 24,422 i 7721 myr26 10,349 peey ° 3,782 3,936 3977 2,785 3,158 3187 2,177
Slide 19: Operational Highlights and Medium-term Plan
VINCOM RETAIL CORPORATE PRESENTATION ” 3. Operational Highlights dium-term Plan Expanding Retail Footprint With New Mall Openings * Opened 4 new shopping malls YTD 2024. * To launch 1 more Vincom Plaza in Dong Ha Quang Tri in 4Q24 Enhancing Operational Efficiency Of Existing Assets * Renovated Vinco
Slide 20: Diversify tenant mix with reputable brands
Diversify tenant mix with reputable brands • International brands/ Flagship stores first time in Vietnam • Favourite fashion & lifestyle brands of young people • Various Popular Domestics & International F&B • Entertainment concept & hobby for all segments
Slide 21: Grand opening of new Vincom Plaza shopping malls YTD 2024
3.1 Grand opening of 3 new Vincom Plaza shopping malls YTD 2024 Vincom Plaza Dien Bien Phu Vincom Plaza Ha Giang Vincom Plaza Bac Giang - =e u * Opening Date: June 28° + GFAT: 9,800 sqm + Opening Date: June 28" + GFA':1,900 sqm * Opening Date: July 27" + GFA‘: 13,400 sqm + Location: Dien Bien Phu +
Slide 22: Renovated mall re-opening occupancy
90% 56% 2Q2023 2Q2024 (re-opening day) • • • •
Slide 23: Leveraging Vinhomes/Vingroup's mega projects to develop Vincom Mega Mall
VINGOM RETAIL CORPORATE PRESENTATION Leveraging Vinhomes/Vingroup’s mega projects to develop Vincom Mega Mall Life-Design mall model 3.3 Leverage Vingroup’s ecosystem Life- Effective design investment concept scheme
Slide 24: Investor Relations Department
Investor Relations Department Vincom Retail JSC Symphony Office Tower, Chu Huy Man Street, Vinhomes Riverside Eco-Urban Area, Phuc Loi Ward, Long Bien District, Hanoi, Vietnam Website: ir.vincom.com.vn/en E-mail: ir@vincom.com.vn