Separate Financial Statements for the first Quarter of 2025.

ANGIANG IMPORT-EXPORT

COMPANY

No. 3 /XNK-CBTT

Independence - Freedom - happiness

An Giang, April 2 . 2025

PERIODIC INFORMATION DISCLOSURE

To: - The State Securities Commission;

- The Ho Chi Minh City Stock Exchange.

1. Name of organization: AN GIANG IMPORT-EXPORT COMPANY

   • Stock symbol: AGM

   • Addi'ess: No 01, Ngo Gia Tu Str, My Long Ward, Long Xuyén City, An Giang Province.

     Tel: 0296. 3844 669 - 9999 999 Fax: 0296.3843 239.

     E-mail: info@angimex.com

2. Contents of disclosure:

   1. Separate Financial Statements for the first Quarter of 2025.

   2. Consolidated Financial Statements for the first Quater of 2025.

   3. the explanation of profit difference in the first Quarter of 2025 compared to the samc period in the first Quarter of 2024.

3. This information was published on the An Giang Import-Export Company's website on April

. 2f . 2025 as in the link: https://http://www.angimex.com.vn.

We hereby certify that the information provided is true and correct and we bear the full responsibility to the law.

Attached documents:

Separate Financial Statements Quarter 1, 2025.

Consolidated Financial Statements Quarter 1, 2025.

Document No. d4 9 /XNK-TCKT on April 38, 2025 regarding the Explanation of profit difference in Quarter 1, 2025 compared to Quarter 1, 2024.

LEGAL REPRESENTATIVE

Recipients:

• As above

• Archived: Office, Authorized person to di›'close i'nformation

CÔNG TY CP XUẤT NHẬP KHẨU AN GIANG

Digitally signed by CÔNG TY CP XUẤT NHẬP KHẨU AN GIANG

DN: C=VN, S=AN GIANG, L=Huyện Châu Thành, CN=CÔNG TY CP XUẤT NHẬP KHẨU AN GIANG, OID.0.9.2342.19200300.100.1.1=MST: 1600230737

Reason: I am the author of this document Location: vnpt1234

Date: 2025-04-28 18:10:59

Foxit Reader Version: 9.3.0

yen lloang Tien

ANGIANG IMPORT-EXPORT COMPANY

01, Ngo Gia Tu Str, My Long Ward, Long Xuyen City, AnGiang Province

F%ANCIAL STATEMENTS

Quarter 1 - 2025

March 31, 2025

AN GIANG IMPORT-EXPORT COMPANY

No 3 Ngo Gia Tu Street, Long Xuyen City, An Giang Province

FINANCIAL STATEMENTS

Quarter 1, 2025

CONTENTS

Balance Sheet Income Statement Cash flow Statement

Notes to the Financial Statements

Page

1 - 2

3

4

5 - 22

No 1 Ngo Gia Tu Street, Long Xuyen City, An Giang Province

BALANCE SHEET

AS AT MARCH 31, 2025

(Issued under Circular No. 200/2014/TT-£iTC dated 22 December 2014 of the Ministry of Finance)

Unit: VND

ASSETS

Code Notes

01/01/2025

BALANCE SHEET (continued)

AS AT MARCH 31, 202J

Unit: VND

CI4I EP ACCOUN

CHIEF EXECUTIVE OFFICER

An Giang, April .. .,2025

PRE PARER

LAM TU NGOC

JT I CAM CHAM

LUONG DUC TAM

2

No 1 Ngo Gia Tu Street, Long Xuyen City, An Giang Province

(Issued under Circular No. 200/20a 4/TT-BTC dated 22 December 2014 of the Ministry of Finance)

1. Revenue from sale of goods and redenring of services

2. Deductions

3. Net revenue from sdie of goods and redenring of services

4. Cost of goods sold and service

   redenred

5. Gross profit on sales of goods and redenring of services

6. Financial income

7. Financial costs

   In which. Interest expenses

8. Selling expenses

9. General and adminjstrative expenses

10. Operating profit

    c•d Notes e

    
    
    INCOME STATEMENT

    Quarter 1 2025

    
    
    

    Current year Previous year

    Unit:M ND

    Cumulative from the beginning of the year to

    the end of ttis quarter

    Current year Previous year

    1. Other income	31		190.363.637	42.000.000	190.563.637	42.000.000
    I 2. Other expenses	32		109.690.186	22.530. 729	109.690.186	22.530.729
    13. Other (loss) ptof›t	40	29	80.673.451	19.469.271	80.673.451	19.469,271
    l4. Profit before tax	50		9.462.435.143	(8.824.652.016)	9.462.435.143	(8.824.652.016)

    1. Current coporate income *' 51 30 expenses

    2. Deferred (income) expense 52

    3. Net profit after tax 60

    9.462.435.143 (8.824.652.016)

    9.462.435. 143

    t8-824.652.0t6)

    l8. Basic earnings per share 70 31

    
    
    

    PREPABfR

    
    
    

    LAMTUNGOC

    520

    CilI£F ACCOUNTANT

    PRAN THI CAM CHAM

    
    
    

    (485)

    520

    (ass)

    3

    No 1 Ngo Gia Tu Street, Long Xuyen City, An Giang Province

    {Issued under Circular No. 200/2014/TT-BTC dated December 12, 2014, by the Ministry of Finance)

    CASH FLOW STATEMENT

    (Indirect method) Q1 2025

    Unit: VND

    ITEMS

    Code

    Accumulative from the beginning of the yca* to the end of this quarter

    Current veal Previous

    I.CASH FLOWS FROM OPERATING ACTIVITIES
    1. Profit before tax	01	9.462.435.143	(8.824.652.016)
    2. Adjustments for: Depreciation and amortisation	02	3.693.854.452	3.105.875.394
    Provisions Foreign exchange loss arisen from revaluation of monetary accounts denominated in foreign currency (Profit) Loss from investment activities	03 04 05	(25.724.482.265) (17.649.080.748)	(55.500.000) 655.637.957
    Interest expense	06	4.628.541.404	4.719.462.832
    Other adjusfirents	07		(254.332.730)
    3. Operating profit before changes in working capital	08	(25.588.732.014)	( .':' 653.508.563) ,'
    (Increase), decrease in receivables	09	14.827.222.425	1.643.638.82b
    (Increase), decrease in inventories	10	71.044.997	41.446.151
    Increase (decrease) in payables (excluding interest payable, payable CIT)	11	10.406.357.220	(17.421.884.443)'
    (Increase), decrease in prepaid expenses	12	262.584.314	508.277.940
    (Increase), decrease in held-for-trading securities	13		(4.818.94 }947)
    Interest paid	14	(94.521.030)	(4.696.659.591)
    Corporate income tax paid	15
    Other proceeds from operating activities	16
    Other payments for operating ucti vities	l7	(542.200.000)
    Net cash how used in operating activities	20	(658.24d.088)	(25.397.636.633)
    II.CASH FLOW FROM INVESTING ACTIVITIES
    1. Purchases and construction of fixed assets	21
    2. Proceeds from disposals of fixed assets	22	11.565.000.000	28.040.284.744

    .

    
    
    

    3. Loans to other entities and payments for purchase of debt 23

    Cash and cash equivalents at the end of the period (50-r60+61)

    4.039.831.864

    6.894.422.680

    PREPABfR

    CHIEF ACCOUNTANT

    LAJU TU NGOC

    TRAN THI CAM CHAM

    
    
    

    instruments of other entities

    4. Collections from borrowers and proceeds from sale of debt instruments of other entities	24	I.580.000.000
    5. Payments for investments in other entities	25
    6. Proceeds koin disposal of investments in other entities	26	5.929. I & I .506
    7. Interests and dividends received	27		1.668.775
    Net cash fiows Iromffused in) investing activities	30	19.074.181.506	28.041.953.519
    IH.CASH FLOVS FROM FINANCING ACTIVITIES
    1. Proceeds from share issuance, capital contribution	31
    2. Capital redemption and payments for purchase of treasury shares	32
    3. Drawdown of borrowings	33	3.812.529.523	22.260.285.400
    4. Repayments of borrowings	34	(2 T.730.937.632)	(22.109.708.007)
    5. Repayment for principal of finance leaser	35		(595.833.354)
    6. Dividends paid to shareholders	36
    Net cash flow from/(used i+q) financing activities	40	(17.938.408.109)	(445.255.961)
    Net increase/(decrease) in cash and cash equivalents during the year (20+30+40)	5›	477.529.309	2.199.060.925
    Cash and cash equivalents at the begioniag oF the year	60	3.562.302.555	4.695.361.755
    Impact of exchange rare fluctuation	61

    No I Ngo Gia Tu Street, Long Xuyen City, An Giang Province

    NOTES TO THE FINANCIAL STATEMENTS

    QI 2025

    1. COPORATE INFORMATION

       (Issued under Circular No. 200/2014/TT-BTC dated December 12, 2014, by the Ministry of Finance)

       An Giang Import-Export Company ("the Company"), formerly known as An Giang Foreign Trade Company, was established under Decision No. 73/QD-76 issued by the People's Committee of An Giang province on July 23, 1976. The company was approved to be converted into a joint-stock company under Decision No. 1385/QD-CTUB dated May 12, 2005 of the People's Committee of An Giang province and officially transformed into a joint-stock company under the Business Registration Certificate ("Business Registration Certificate") No. 5203000083 dated December 27, 2007. and the adjusted business registration certificates.

       On December 14, 2012, the Company was officially listed on the Ho Chi Minh City Stock Exchange under Decision No. 143/2012/SGD-HCM issued by the Ho Chi Minh City Stock Exchange on September 14, 2012.

       The Company's main activities in the current year are: rice milling and crude flour production; polishing and exporting . I rice; buying and selling food and food; fertilizer production and trading of agrochemicals.

       The headquarter of Company at No. 1 Ngo Gia Tu Street, My Long Ward, Long Xuyen City, An Giang Province, '

       The list of joint ventures and associated companies, includes:

       • Angir›iex - Kitoku Co.,Ttâ

       • Nolden Paddy Joint Stock Coun pnny

       • Lot its - Angiyiex Tracliii g Co., Ltd.

       • Aiigiriiex Furious Co., Ltd.

    2. FISCAL YEAR, ACCOUNTING CURRENCY Fiscal year

       The Group's fiscal year applicable for preparation of its interim consolidated financial statements starts on I January and ends on 31 December

       Accounting currency

       The interim consolidated financial statements are prepared in VND which is also the Group's accounting currency

    3. ACCOUNTING STANDARDS AND SYSTEM

       1. The Company's financial statements are presented in Vietnamese Dong ("VND") in accordance with the Vietnamese Corporate Accounting System and Vietnamese Accounting Standards issued by the Ministry of Finance under the

          . Circular No. 200/2014/TT-BTC dated December 22, 2014, guiding the Vietnamese Corporate Accounting System;

          - Decision No. 149/2001/QD-BTC dated December 3 I, 200 I, on issuing four Vietnamese Accountiiig Standards (Batch i),

          Decision No. 165/2002/QD-BTC dated December 31, 2002, on issuing six Vietnamese Accounting Standards (Batch

          2);

          Decision No. 234/2003/QD-BTC dated December 30, 2003, on issuing six Vietnamese Accounting Standards (Batch 3);

          Decision No. 12/2005/QD-BTC dated February 15, 2005, on issuin8 six Vietnamese Accounting Standards (Batch 4); Decision No. 100/2005/QD-BTC dated December 28, 2005, on issuing four Vietnamese Accounting Standards (Batch

          5).

          Accordingly, the balance sheet, income statement, cash flow statement, and notes to the financial statements are presented herewith. The use of this report is not intended for those who are not provided with information on accounting procedures, principles, and practices in Vietnam and, furthermore, is not intended to present the financial position, results of operations, and cash flows in accordance with accounting principles and practices generally accepted in countries and territories other than Vietnam.

       2. Basis for preparation of consolidated financial statements

          The consolidated financial statements of the Company are prepared on the basis of the consolidation of the Company's separate financial statements and the financial statements of the subsidiaries controlled by the Company for the accounting period from January 1, 2024 to December 31, 2024.

          The financial statements of the subsidiaries are prepared for the same period and apply accounting policies consistent with those of the Company.

          The non-controlling interest in the fair value of the net assets of the subsidiaries is determined and presented as a separate line item within equity.

    4. ACCOUNTING POLICIES APPLIED

       1. Cash and Cash Equivalents

          Cash and cash equivalents include cash on hand, bank deposits, and short-term investments with original maturities of no more than three months, which are highly liquid, readily convertible into known amounts of cash, and subject to an insignificant risk of changes in value.

       2. Financial Investments

          
          
          Investments in Joint Ventures

          The Company's contributions to joint ventures are accounted for using the cost method.

          Distributions of profits from the cumulative net income ofjoint ventures after the Company's participation are recorded

          as income in the Company's income statement for the year. Other distributions are considered as a recovery of ' investment and are deducted from the investment value.

          Investments in Associates

          Inves0nents in associates where the Company mas significant influence are accounted for using the cost method.

          Distributions of profits from tire cumulative net income of associates after the date of investment are recorded as income in the Company's income statement. Other distributions are considered as a recovery of investment and are deducted from the investment value.

          Investment in securities and other investments

          Investments in securities and other investments are recorded at their actual purchase prices.

          Allowance for impairment of long-term financiat

          investments

          An allowance is established for the impairment of investments in accordance with Circular No. 228/2009/TT-BTC issued by the Ministry of Finance on December 7, 2009 and Circular No. 89/2013/TT-BTC issued by the Ministry of Finance on June 28, 2013. Increases or decreases in the allowance account are recognized in the income statement as financc costs.

       3. Receivables

          Receivables are presented in the financial statements at the carrying amount of trade and other receivables after deducting the allowance for doubtful accounts.

          The allowance for doubtful accounts represents the estimated amount of losses incurred on receivables that will not be collected from customers arising on the balance of receivables at the end of the reporting period. Increases or decreases in the allowance account are recognized in the income statement as an expense.

       4. Inventory

          Inventory is recorded at 'tnc lower of the cost to bring each product to its current location and condition and its net realizable value.

          Net realizable value is the estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs to sell.

          The Company applies the perpetual inventory system with the value determined as follows:

          Raw materials and goods

          Finished goods and work-in-progress Allowance for inventory

          • Actual cost using the weighted average method.

          • The cost of direct materials and direct labor plus overhead costs allocated based on normal capacity using The weighted average method.

          An allowance for inventory is established for the estimated amount of losses arising from the decline in value (due to price reductions, damage, deterioration, obsolescence, etc.) that may occur on raw materials, finished goods, and goods held for sale owned by the Company based on reasonable evidence of the decline in value at the end of the reporting period.

          Increases or decreases in the allowance for inventory are recognized in the cost of goods sold in the income statement.

       5. Fixed Assets

          Tangible Fixea assets

          Tangible fixed assets are presented at cost less accumulated depreciation.

          The cost of tangible fixed assets includes the purchase price and directly attributable expenses necessary to bring the asset to its present location and working condition as intended.

          Expenditures for purchases, upgrades, and renovations of tangible fixed assets are added to the asset's cost, while

          maintenance and repair expenses are recorded in the income statement when incurred.

          Vhen tangible fixed assets are sold or disposed of, the original cost and accumulated depreciation are derecognized, and any gains or losses resulting from the disposal are recorded in the income statement.

          Intangible Fixed Assets

          Intangible lixed assets are presented at cost less accumulated amortization.

          The cost of intangible fixed assets includes the purchase price and directf y attributable expenses necessary to bring the asset to its intended use.

          Expenditures for upgrades and renovations of intangible fixed assets are added to the asset's cost, while other expenses are recorded in the income statement when incurred.

          When intangible fixed assets are sold or disposed of, the original cost and accumulated amortization are derecognized, and any gains or losses resulting from the disposal are recorded in the income statement.

          Land Use Rights

          Land use rights are recognized as intangible fixed assets when the Company obtains a land use right certificate. The cost of land use rights includes all directly related expenses required to make the land ready for use and is not amortized for land use rights uitli an indefinite tern.

          Depreciation and Amortiz» tion

          Depreciation and amortization of tangible and intangible fixed assets are calculated using the straight-line method over the estimated useful lives of the assets, as follows:

          Buildings and structures Machinery and eguipment Transportation vehicles Office equipment Computer software

          5 - 50 years

          3 -15 years

          6 - 15 years

          3 -10 years

          5 - 8 years

          7

       6. Deferred Income Tax

          Deferred income tax is determined for temporary differences at the end of the fiscal year between the taxable base of assets and liabilities and their carrying amounts for financial reporting purposes.

          Deferred income tax liabilities are recognized for all taxable temporary differences, except when the deferred income tax liabilities arise from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither accounting profit nor taxable profit (or tax loss).

          Deferred income tax assets are recognized for all deductible temporary differences, carryforward of unused tax losses, and unused tax credits, to the extent that it is probable that taxable profit will be available in the future against which these deductible temporary differences, tax losses, and unused tan credits can be utilized, except when the deferred tax asset arises from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither accounting profit nor taxable profit (or tax loss).

          
          
          

          The carrying amount of deferred income tax assets is reviewed at the end of the fiscal year and reduced to the extent that it is no longer probable that sufficient taxable profit will be available to allow the benefit of part or alI of that deferred income tax asset to be utilized. Unrecognized deferred income tax assets are reassessed at the end of the fiscal year and are recognized to the extent that it has become probable that future taxable profit will allow the deferred income tax asset to be recovered.

          Deferred income tax assets and liabilities are measured at the tax rates expected to apply to the fiscal year when the asset is realized or the liability is settled, based on the tax rates and tax laws that have been enacted or substantively enacted as of the end of the fiscal year.

          D.•ferred income tan is recognized in the income statement except where the tax arises from an item recognized directly

          in equity, in which case the deferred income tax is also recognized directly in equity.
          
          

          The Company offsets deferred income tax assets and liabilities only v'hen it has a legally enforceable right to offset current income tax assets against current income tax liabilities and the deferred income tax assets and liabilities relate to income taxes levied by the same taxation authority or the Company intends to settle on a net basis, or to realize the assets and settle the liabilities simultaneously in each future period when significant amounts of deferred income tax liabilities or deferred income tax assets are expected to be settled or recovered.

       7. Prepaid Expenses

          Prepaid expenses include short-term or long-term prepaid expenses in the balance sheet and are allocated over the prepaid period or the period during which the corresponding economic benefits are generated from these expenses.

       8. Borrowing Costs

          Borrowing costs include interest expenses and other costs directly related to the Company's borrowings and are recognized as expenses in the year they are incurred.

       9. Payables and Accrued Expensés

          Payables and accrued expenses are recognized for amounts to be paid in the future for goods and services received, regardless of whether the Company has received an invoice from the supplier.

       10. Unearned Revenue

    Unearned revenue refers to revenue received in advance for one or more accounting periods from asset leasing. Revenue for each accounting period is determined by dividing the total amount received for asset leasing by the number of periods for which the advance payment was made.

    4›1l Equity

    Charter capital is recognized at the actual contributed amount.

    Principles of Net Profit Distribution

    Net profit after corporate income tax (excluding exchange rate gains from revaluation of balances at the end of the fiscal year) may be distributed to shareholders after approval by the General Meeting of Shareholders and after setting aside reserves in accordance with the Company's Charter and the regulations of Viemamese law.

    i ne company appropriates me ronowing reserves mom net proirt arter corporate income tax naseo on me recommendation of the Board of Directors and approval by shareholders at the Annual General Meeting of

    •hnrehn1ders-

    Financial Reserve Fund

    This fund is set aside to protect the Company's regular business activities against risks or business losses, or to provide for unexpected losses or damages caused by objective factors or force majeure events, such as fires, economic and financial instability domestically or internationally.

    Development Investment Fund

    This fund is established for the purpose of expanding business activities or investing in the Company's in-depth projects.

    Reward and welfare fund

    This fund is established to reward, incentivize, and provide material benefits, enhance common welfare, and improve the material and spiritual well-being of employees and support social activities.

    Reserve Fund for Charter Capital Supplementation

    This fund is established to reserve additional charter capital for the Company.

    1. Revenue Reco nilioa

       Revenue is recognized when the Company is likely to receive economic benefits that can be reliably measured. Revenue is determined at the fair value of the amounts received or receivable after deducting trade discounts, saies returns, and sales allowances. The following specific recognition conditions must also be satisfied:

       Sales of Goods

       
       
       

       Revenue from the sale of goods is recognized when the significant risks and rewards of ownership of the goods have been transferred to the buyer, typically coinciding with the delivery of goods.

       Provision of5ervice.s

       Revenue from the provision of services is recognized when the services have been rendered.

       Interest

       Revenue is recognized on an accrual basis (taking into account the effective yield on the related asset) unless the i collectability of interest is uncertain.

       Rental Inrome

       Income from operating leases is recognized in profit or loss on a straight-line basis over the lease term.

       Dividends

       lacoaie is recognized when the Company's right to receive papnent is established.

    2. Revenue Deductions

       Revenue deductions include sales discounts, sales returns, and trade discounts.

    3. Cost of Goods Soifi (COGS)

       Cost of goods sold is recognized in accordance with the matching principle and the prudence principle, immediately

       recording any abnormal costs of inventor.

    4. Financial Expenses

       Funeral expenses are fully recognized, including interest expenses and foreign exchange gains and losses.

    5. Selling and Administrative Expenses

       Selling and administrative expenses incurred during the period are fully recognized.

    6. Tax

       Current Income Tax

       Current income tax assets and liabilities for the current and prior years are determined at the amounts expected to be recovered from or paid to the tax authorities, based on the tax rates and tax laws enacted or substantively enacted as of the end of the reporting period.

       Current income tax is recognized in profit or loss, except to the extent that it relates to an item recognized directly in equity. In such cases, the current income tax is also recognized directly in equity.

       The Company offsets current income tax assets and current income tax liabilities only if it has a legally enforceable right to ofi°set the recognized amounts and intends to settle on a net basis or to realize the assets and settle the liabilities simultaneously.

       9

       QI 2025

       5.	CASH AND CASH EQUIVALENTS	31/03/2025 VND		01/01/2025 VND
       	Cash	1.795.722		323.366
       	Bank Deposits	I.548.50J.060		1.091.281. 152
       	Cash Equivalents (*)	2.489.533.082		2.470.698.037
       		4.039.83â.864		3.562.302.555
       	* Cash equivalents represent short-term deposits with original maturities of three	months or less
       End of period as of 31/03/2025
       		AND	Total	Term		Interest rate
       Southeast Asia Commercial Joint Sloek Bank -		2.489.533.082	2.489.533.082	month		3,05%year
       Saigon Branch
       Total		2.489.533.082	2.489.533.082
       6. SHOitT-TERM FINANCIAL INVESTMENTS
       7. ACCOUNTS RECEIVABLE			31/03/2025			01/01/2025
       		AccoUots ffl08JY8bl e	Provision	Accounts receivable		Provision
       a) Receivables from Customers		193.642.056.076	(80.185.482.732)	i 46.470.630.474		(80.185.482.732)
       Third Parties		191.704.320.523	(80.185.482.732)	145.618.866.521		(80.t85.4 82.732)
       - Khanh Tay Do Co., Ltd		77.000.000. 00	(I 1.366 779.492)	Z.000.000. 000		(II.366.77y.492) --
       - APC HOLDINGS Joint Siock Company		67. 886.636.382		59.378.512.882
       - Haieco Group Co., Lld		24.100. 000. 060	(24.109.000.000)	24.100.000.000		i'24.100.000.000,)
       - Golden Paddy SG Joint Stock Company			¿21.0J#.100.000y	23.054.500.000		(23.054.SEO. 000)'
       - Dung Ky Trading Company timi'ted			(/P.92#.000.000}	19.924.0£0.000	(19.924.000.000) ''	'
       - Other Customers		39.739. ld4.141	L/. 740.203. 240)	2. Idl.â33.6J9	bJ. 346.203.2409 '	*
       Related Parties		1.937. 735.553		851.'763.953
       - Other Customers		J.93 Z.735.553		8Si.7â3, P33
       ti) Short-Henri4 dvaaces to Suppliers		59.486.308.J59	(36.169.390.000)	59.330.988.266	(36.169.390.000)
       Third Parties		36.816.518,768	(36.169.390.000)	36.898.363.483	(36.169.390.000)
       - 1.ours Rice Long An Co., ltd		36.169.390.000	{36.169.390.000)	36.769.390.000	(36.169.390. 0009
       - Other Customers		647.12d.768		728.973.483
       Related Parties		22.669.789.691		22.432.624.783
       - Subsidiary		22.195.459.d74		22.195.459.d74
       - Company related Io an insider				2J 7.764. 909
       Other receivables
       c) Receivables from Short-Term Eoans		1.700.000.000		3.280.000.000

       • Third parties

       • Le Phuc Khang Manulacturing Trading LLC

       • Angimex High-Tech Agriculture Services

       One Member LLC

       1. sha.ono.

          /. Z0d.000. 000

          - 3.280.000.000

          /. 700.000.000

          /.J80.000.600

          d) Other receivables Third parties

          • VAT on Contributed Assets

          • Advances Io Exployees

          • VAT Deductible %r Finance Leases A warmsg Recogy idiom

          • LIC F/tong Mrat Insui-ance Company Oiher sli ort-term receivables

    Related party

    compare y

    9.712.675.540

    9.707.536.730

    J.363. 63d. jd§

    
    
    

    1. II 7.969.223

    
    
    
    
    
    

    (407.947.368)

    (407.947.368)

    (407.947.366)

    9.786.560.0t 1

    9.786.560.011

    5.3dJ. 6d6.364

    yjy y y 4p3

    I. I l7.989.223

    1.879.394.000

    6s0.1127.931

    (407.947.368)

    (407.947.368)

    (407.947.36d)

    Q1 2025

    e) Doubtful Debts		2025
    	Original cost	Not yet provisioned for	Provision	Overdue period
    	VND	VND
    Short-Term Receivables from Customers	d5.d/8. f03. 24D	J. fJJ. *20. JOd
    Shot-t-Temi Advances to Suppliers	36.169.390. 030		(16.169.390. 000)	Tu I den 3 nd
    Other Short-Term Receivables	478.947.368	7/.000.000	(40? 947.3éd)	Ter I dén 3 nd
    	122.467.040.608	5.704.220.508	(116.762.820.100)
    		2024

    	Original cost VND	Not yet provisioned for VND	Provision VND		Thiri gian qul bgn
    Shori-Term Receivables from Customers	6J.878.703. 240	5.633. 220. 5H8	(R0.185.482. 732)		Tu 1 dén 3 mm
    Shon-Term Advances to Suppliers	36. 169.390. 000		(36. 169. 390.0011		Tit 1 den 3 mm
    Other Short-Terri Receivables	4Z8.9 Z.368	71. if00.000	é407.947.1<1		T'u I dén 3 n'Sm
    	122.467.040.608	5.704.220.508	(116.762.820.100)
    		31/03/2025			01/01/2025
    Total short-term receivables		147.778.219.975			102.105.358.651
    g. INVENTORIES		31/03/2025			01/01/2025
    		VND			VND
    	dia gec	Dir pliong	G*g goc		Dir ph6ng
    Raw Materials, Materials	386.056.083	(351.575.352)	386.056.083		(351.575.352)
    Tools and Equipment	4.855.186.890	(4.721.722.080)	4.895.459.580		(4.721.722.080)
    Finished Goods	3.139.223	(32.559.619)	33.911.530		(32.559.61 9)
    	5.244.382.196	(5.105.857.051)	5.315.427.193		(5.105.857.051)
    9. OTHER CURRENT ASSETS		31/03/2025			01/01/2025
    		VND			VND '.
    Short-temi prepaid expenses:		41.130.337			60.103.336 '
    		523.337 40.is07. 00			2.393.336 58.MO.00t
    Deductible VAT		2.070.141.818			2.306.027.539
    		2.111.272.155			2.366.130.875 I
    10. LONG-TERM CC£I VABLES		31/03/2025			01/01/2025 ''

    • Tools ynd e gutpment issued for use

    • Of/ier

    )

    i 0.1 Long-term receivables	VND		VND
    a. L00g-ter•m advances to suppliers	93.040.016.890		193.040.016.890
    Third Parties	193.040.016.890		193.040.016.850
    - H‹yn£ ii Nuy rJ'	179.04tI.OH.d!f		179.040.016.8!tIt
    - Lu ! tiah Si ReJated Parties	14. 000. 000. 000		J4.OOH.000. 000
    b. Pledged, zoortgaged, deposifed, or bet Fund	1.000.000		1.000.000
    Orfier	1.000. 0iJI1		?00O000
    			19.1D4l£1GN90
    0.2 long-term Work-in-progress Assets
    Construction in progress - Container and Comveyor System at Lori g Xuyen r«w y and D P› «‹ rectory	t. I 7.000.000 ) j y (j()(j F(jg		1.1 I J. 00lj.000 /. If ?.ñu0.000
    	1.117.OOO.OOO		1.117.001000

    No I Ago Gia Tu Street Long Xuyen City, An Giang Province

    NOTES TO THE FINANCIAL STATEMENTS

    (fssued under Circular No. 20072014/TT-BTC dated December 12, 2014, by the Minis try of Finance)

11. TANG IBLE FIXED ASSETS

ORIGINAL COST

Buildings and

Machinery and equipment Transportation vehicies

VND VND

Adrninisbative Tools

and Equipment

VND

Total

As of 01/0 I/2025 Purchases during the period Completed construction

Other increases Equity contribution Disposal and sale Other decreases

80.517.796.622

170.000.000

139.865.904.257

(3.757.569.000)

5.526.614.594

(506.216.455)

I 6.207.339. 987 74?. I i 7.655.460

170.000.000

(4.263.785.455)

As of 3 I/03/2025

28.112.086.3T3

40.481.097.018

28.236.545

77.573.226367

t1:ai have been fully depreciated bi+i are still in tree as of March 31, 2025 was 96.335. 925.430 VND (as ofDeeeinber 31,

- the oi-igiiial cost of fixed assets Hiat he x'e been fi*lly de preoiyted but oi-e slill iii use ‹ts of March 31, 2025 wcs 261.375.0N0 VND (as of DecemL'er 31, 2024.' 26J. â /5.000 VND)

AN GIANG IMPORT-EXPORT COMPANY

No I Ngo Gia Tu Street, Long Xuyen City, An Giang Province

NOTES TO THE FINANCIAL STATEMENTS

Form B 09a - DN

(Issued under Circular No. 200/20 14/TT-BTC

fiated December 12, 2014, by the Ministry of F inance)

1. LONG-TERM FINANCIAL INVESTMENTS

   Investments in Subsidiary

   Investments in Joint Ventures and Associates Other long-term investments

   1. Deta ils of investments in Subsidiary

      (a)

      (b)

      
      
      

      31/03/2025

      VND

      Original cost

      401.919.608.849

      149.733.838.000

      323.950.000

      551.977.396.849

      31/03/2025

      Provision

      (234.704.285.068)

      (78.399.379.676)

      (19.950.000)

      (313.123.614.744)

      01/01/2025

      VND

      Original cost

      502.270.043.246

      104.576.l48.000

      6.455.750.000

      613.301.941.246

      01/01/2025

      Provision (281.437.889.187)

      (57.369.257.822)

      (19.950.000)

      (338.827.097.009)

      
      
      

      • Aiigimex Food Processi'k g One Member

        Limited Liability Conipany

      • Aiigim ex Food Coiripany Limited

      Oivnership

      Business Sector Percentage

      
      
      

      Food

      Original cost

      401.919.608.849

      Ownership

      'rovision ypm#g@te

      (234.704.283.068) /00, I)0"Xv

      / 00,00%

      Original cost

      401.919.608.849

      190.339.434.397

      Provision

      (234. 704. 285.068)

      
      
      

   2. Details of Investments in Joint Ventures and Associates

      Ow nersfiip

      401.919.608.8d9

      31/03/2025

      VND

      Original cost

      (234.704.285.068)

      Ownership

      502.270.043.2d6

      01/01/2025

      
      
      

      Original cost

      (281.437.889.187)

      Provision

      • Go!den Paddy Joint Stock Company

      • Angimex Food Joiat Stock Company

      • Lou in Angimex Traditi g LLC - Rice

        • Angimex - Kitoku LLC

        • Angiinex Ffrrioiis £Z C

      Business Sector Percentage

      Rice 29,3S°X

      Food 45,00"xv

      
      
      
      on
      and 3.*,96°X‹
      
      
      
      
      

      Motocycles and

      32.500. 060. 000

      45.157.690.000

      9.800. 000. 000

      2.951.148.000

      59.325.002.t00

      P r Ov SIOn P rcentage

      (32.500.000.0P02 29,55° «

      (•"1.0s0.121.854)

      (9.800.000.000) 49,0F°Z

      
      
      
      
      
      
      
      
      

      13. LI69.237.822

      32.500. POP. 000

      9.B00.000.000

      2.951.148.000

      59.325.0H0.0011

      (32.390.000. 009}

      /9.800. 00E.009)

      (15. 06P. ."5 f.8-*2)

      spare parts

   3. Details of other long-tems investments

Ownersfi if

149.733.838.000

31/03/2025

VND

(78.399.379.676)

104.576.148.000

01/01/2025

VND

(57.369.2S7.822)

• Dong Tliap Agricultural Developinen I Services LLC - DASCO

• Tan My Huiig Agriculhiral Cooperative

  Original cost

  304.000.000

  / 2.930.000

  Provision

  (J2.950.000)

  Original cost

  304.000.096

  19.950. 000

  Provtston

  (19.950.0002

  
  
  
  
  
  

• Saigon Air Giaag Tradiiig LLC

dU37.800000

323.950.000

(19.950.000)

6.455.750.000

t19.950.000)

15

(1) (*) Short-term bank loans

The short-term loans are used to meet the Company's working capital requirements. The details are as follows:

Joint Stock Commercial Bank for Investment and Development of Vietnam -

End of period as of31/03/2025

VND USD Toial Term

9.510.000.000 10.309.865 272.937.360.615 4 months

from

Interest rate

5.0%/year for USD loan;

Long-term loans due for repayment classified as short-term. The details are as follows:

End o(period as of3I703/2025

16

NOTES TO THE FINANCIAL STATEMENTS

Q1 2025

17

AN GIANG IMPORT-EXPORT COMPANY

No 1 Ngo Gia Tu Street, Long Xuyen City, An Giang Province

NOTES TO THE FINANCIAL STATEMENTS

Qt2025

Form No. B 09a - DN

(Issued under Circular No, 200/2014/TT-BTC dated December 12, 2014, by the Ministry of Finance)

23. REVENUE FROM SALE OF GOODS AND REDENPING OF SERVICES

From 01/01/2025 to 31/03/2025

VND

From 01/01/2024 to 31/03/2024

VND

Revenue

18

AN GIANG IMPORT-EXPORT COMPANY

No I Ngo Gia Tu Street, Long Xuyen City, An Giang Province

NOTES TO THE FINANCIAL STATEMENTS

Form No. B 098 - DN

(Issued under Circular No. 200/2014/TT-BTC dated December 12, 2014, by the Ministry of Finance)

19

AN GIANG IMPORT-EXPORT COMPANY

No 1 Ngo Gia Tu Street, Long Xuyen City, An Giang Province

NOTES TO THE FINANCIAL STATEMENTS

Form No. B 09a - DN

(Issued under Circular No. 200/2014/IT-BTC dated December 12, 2014, by the Ministry of Finance)

(*) The corporate income tax expense for the financial year is estimated based on taxable income and may be subject to adjustments depending on the tax authorities' audit,

Loss carried forward

The company is allowed to carr)' forward t losses to offset against profits in the following years, within a 5-year period from the year in which the loss was incurred.

(*) The tax loss has not yet been settled by the local tax authority as of the date of this financial statem ent.

33. OPERATING SEGMENTS BY BUSINESS AND GEOGRAPHICAL AREA

Segment Reporting - By business segment

In 2025 and 2024, the Company's principal business activity was trading agricultural products. Revenue and cost of sales from othet activities accounted for an insignificant proportion of the total revenue front sales and services rendered, as well as the total cost of goods sold and services provided.

(b) Segment reporting - By geographic area

Quarter 1 2025

Domestic VND

Quarter 1 2024

Foreign VND

Net revenue Cost of sales Gross profit

17.734.426.943

I 8.595.224.591

(860.797.648)

7.763.922.000

6.874.29$.000

885.624.000

20

Q1 2025

3d. TRANSACTIONS WITH RELATED PARTIES

The details of the principal related pattiet and their relationships are as follows:

Company name

• Angimex - Kitoku Co., Ltd

• Golden Paddy Joint Stock Company

• Louis Angimex Trading Co., Ltd

• Af1@imeX F0Od 20i rtt fO6k /OmQafl y $*d

• Angimex Furious Co., Ltd

• Angimex Food Processing One Member Co., Ltd

• Angimex Dinli Thanh One Member Co., Ltd

• Dong Thap Food Processing One Member Co., Ltd

• An Tniong An JSP

• GKM Holdings JSC

(•) No longer a subsidiary as ofMarcb 12, 2025

Board of Directors 1 Mr. Le Tien Thinh

Affiliate Company

2.J80.000. 000

Appointment Date 29/12/2022

Termination Date

21

Ql 2025

* According to the minutes ot the Annual General Meeting of Shareholders No. 124/BB-DHDCD dated June 29, 2023, the Company established an Audit Committee under the Board of Directors to replace the Supervisory Board, which was dismissed on June 29, 2023. Executive Board and other management personnel

1. Mr. Luong Due Tann

2. Mr. Huynh Thanh Tung

3. Mr. Bui Viet Dung

4. Ms. Nguyen Thi Thu Hoa

S Mr. Tran Thi Cam Clam

Chief Executive Officer (CEO) Chief Executive Offa°ei (CEO) Vice CDO

Vice CEO

Chief Accountant

18/10/2024

04/03/2022

22/03/2022

17/03/2023

22/06/2017

18/10/2024

06/12/2024

25/09/2024

STT

Name

Remuneration of Board of Directors members

Salaries of the Executive Board and other

management persollnfll

2 Mr. Huynh Thanh Tung

Ch+c danh

Chief Executive Officer (CEO) Chief Executive Officer (CEO)

From 01/01/2025 From 01/01/2024 to I 1/03/2025 to 3 /03/2024

47.500.000

47.500.000 -

2!2.600.000

168.700.000

3 Mrs. Tran Tai Com Chem

PRf PARER

Chief Accountant

CHIEF ACCOUNTANT

PRAN THI CAM CHAM

105.540.000 83.980.Q00

318.140.000 252.680.009

An Giang, April . ..• ,2(t2'!5

CHJ$£ EXECUTIVE OFFICER ' i

LUON G DUC RAM

22