IJC discloses information on documents for Annual General Meeting of Shareholders 2026

BECAMEX INFRASTRUCTURE DEVELOPMENT JOINT STOCK COMPANY

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THE SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

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Tp.Hồ Chí Minh, March 19th ,2026

DISCLOSURE OF INFORMATION

To: - The State Securities Commission;

- Ho Chi Minh City Stock Exchange.

1. Name of organization: Becamex Infrastructure Development Joint Stock Company

   • Stock code: IJC

   • Address: No. 230 Binh Duong Avenue, Phu Hoa Ward, Thu Dau Mot City, Binh Duong Province, Vietnam

   • Tel. 0274 3848789 E-mail: info@becamexijc.com

2. Spokesman: Trinh Thanh Hung. Position: Chief Executive Officer

3. Information disclosure type: Periodic □ Extraordinary □ On demand

4. Content of information disclosure:

   Becamex Infrastructure Development Joint Stock Company discloses information on documents for Annual General Meeting of Shareholders 2026.

5. This information was published on the Company's website on March 19th, 2026 at the link https://www.becamexijc.com/Quanhecodong.

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

   To:

   Organization representative

   Legal Representative

   TRINH THANH HUNG

   Chief Executive Officer

   
   
   

   • As above;

   • Archives: Office of BOD

Attached documents:

Documents for Annual General Meeting of Shareholders 2026

DRAFT

2026 ANNUAL GENERAL MEETING OF SHAREHOLDERS

OF BECAMEX INFRASTRUCTURE DEVELOPMENT JOINT STOCK COMPANY

Time: 8:00 AM, Thursday, 09 April 2026

Venue: Becamex Hotel -Binh Duong New City.

No. B2, Hung Vuong Street, Binh Duong Ward, Ho Chi Minh City

Ho Chi Minh City, 09 April 2026

ON BEHALF OF THE BOARD OF DIRECTORS

CHAIRMAN

DO QUANG NGON

DRAFT

BECAMEX INFRASTRUCTURE DEVELOPMENT JOINT STOCK COMPANY

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

REGULATION

2026 ANNUAL GENERAL MEETING OF SHAREHOLDERS BECAMEX INFRASTRUCTURE DEVELOPMENT JOINT STOCK COMPANY

Article 1. Scope of application

CHAPTER I GENERAL RULES

This Regulation applies to the organization of 2026 Annual General Meeting of Shareholders ( hereinafter referred to as "the General Meeting") of Becamex Infrastructure Development Joint Stock Company.

Article 2. This Regulation specifies the rights and obligations of shareholders, parties attending the General Meeting, conditions and procedures for conducting the General Meeting.

Article 3. Shareholders and attending parties are responsible for complying with the provisions of this Regulation.

CHAPTER II

RIGHTS AND OBLIGATIONS OF PARTIES ATTENDING THE GENERAL MEETING

Article 4. Rights and obligations of shareholders attending the General Meeting

1. Conditions for attending the General Meeting

   All shareholders holding shares of the Company according to the list closed on 10 March 2026 or duly authorized representatives.

2. Rights and obligations of shareholders when attending the General Meeting:

   1. Shareholders or authorized representatives attending the General Meeting (hereinafter referred to as "the shareholders") need to present the following documents:

      − Meeting invitation

      − Citizen identification card or passport

      − Power of attorney (in case of being authorized to attend the General Meeting)

      After presenting the above documents to the Organizing Committee, the shareholders attending the General Meeting will receive voting cards, voting forms regarding the contents of reports and statements, meeting documents, ballot (if any) and question forms.

   2. The shareholders are allowed to authorize representatives in writing to attend and vote at the General Meeting on their behalf. The authorized representatives are not allowed to re-authorize another person to attend the General Meeting.

   3. The shareholders attending the General Meeting, who want to express their opinions, must register to speak by submitting question forms of the Organizing Committee. The Question Form is distributed to each shareholder on the opening day of the General Meeting (when completing the procedures for attending the General Meeting). The shareholders submit their Question Forms at the Secretariat's desk for 15 minutes before the commencement of the General Meeting's discussion. The Chairman of the General Meeting will arrange the shareholders' opinion expression at the General Meeting on the basis of their order of registration. Any opinions raised later will be recorded by the Chairman of the General Meeting and answered directly at the General Meeting if there is enough time, otherwise they will be answered directly in writing and sent with a report on the results of the General Meeting to the shareholders' registered addresses. The shareholders attending the General Meeting shall speak briefly and focus on the key contents which are appropriate for the approved agenda of the General Meeting. The Chairman will arrange the shareholders' opinion expression on the basis of their order of registration and at the same time answer their questions. The Chairman of the General Meeting has the right to remind or suggest the shareholders to focus on the key contents to be discussed to save time and ensure the quality of discussion.

Article 5. Rights and obligations of the Chairman

1. Chairing the General Meeting in accordance with the agenda and regulations approved by the General Meeting according to the principle of democratic centralism and majority-based decision.

2. Guiding the General Meeting's discussion and vote on issues in the agenda and related issues throughout the General Meeting.

3. Taking necessary measures to chair the meeting in a reasonably and orderly manner in accordance with the approved agenda and reflect the wishes of the majority of shareholders attending the General Meeting.

4. The Chairman can postpone the General Meeting with a sufficient number of registered attendees as prescribed to another time or change the meeting location in the following cases:

   • The meeting location does not have enough convenient seats for all attendees;

   • The media at the meeting location does not ensure the shareholders' attendance, discussion and voting;

   • There are attendees obstructing, disturbing and threatening the meeting from being conducted fairly and legally.

5. Resolving other issues that arise during the General Meeting.

Article 6. Rights and obligations of the Secretariat

1. Fully and honestly recording all the contents of the General Meeting and the issues approved or noted by the shareholders at the General Meeting.

2. Using a tape recorder to complete the Minutes fully and honestly according to the order of the meeting.

3. Composing the Meeting Minutes and the Resolution on the issues approved at the General Meeting.

4. All contents of the General Meeting of Shareholders shall be recorded by the Secretariat in the Meeting Minutes. The Minutes will be completed honestly and fully according to the progress of the General Meeting, which is the basis for the Secretariat

to summarize reports of the General Meeting and notify each shareholder as prescribed in the Company's Charter.

Article 7. Rights and obligations of the Vote Counting Committee

1. The Chairman introduces the Vote Counting Committee and organizes the collection of opinions for approval at the General Meeting.

2. The Vote Counting Committee is responsible for providing guidance on how to vote and how to use the votes and conducting the vote counting for each content and informing the Chairman and the Secretariat of the results.

3. Conducting the vote counting in accordance with the Regulations on the additional election of a Supervisory Board member for the term (2022-2027).

4. Being responsible for the accuracy and honesty of the announced vote counting results.

CHAPTER III CONDUCTING THE GENERAL MEETING

Article 8. Conditions for conducting the General Meeting

The meeting is conducted when the number of attending shareholders represents more than 50% of the total votes according to the list of shareholders closed on 10 March 2026.

Article 9. Order of the General Meeting

1. The attending shareholders must sit in the correct position or area as prescribed by the General Meeting's Organizing Committee when entering the hall.

2. The shareholders are responsible for attending the meeting from the beginning until the end of the General Meeting. In case any shareholder, for personal reasons, must leave the meeting before the end of the General Meeting, is responsible for contacting the Organizing Committee to return the voting forms containing that shareholder's opinions on the contents of the reports and statements of the General Meeting.

Article 10. Voting method

1. Principles

   All contents of the General Meeting shall be approved by public voting of all attending shareholders. Each shareholder is provided with a voting card with the Company's seal, which shows the shareholder's full name, shareholder code, number of shares entitled to vote.

2. Voting method

The shareholders vote (approval, disapproval, abstain) on an issue by voting directly at the General Meeting and record their voting opinions on the voting forms distributed to the shareholders when registering to attend the General Meeting and submit them to the Organizing Committee when the General Meeting ends.

When voting to approve an issue, the shareholders show their approval by raising their voting cards. The members of the Vote Counting Committee will mark the shareholder code and the corresponding number of votes of each approving shareholder.

Similarly, under the guidance of the Chairman, the shareholders, who show their disapproval or have no opinion, will raise their voting cards in turn.

The voting for the additional election of a member of the Company's Supervisory Board shall be conducted in accordance with the Regulations on the additional election of a member of the Supervisory Board for the term (2022-2027).

Article 11. Approval of the Resolution of the General Meeting

1. The Resolutions on the following contents shall be approved if they are approved by the shareholders representing at least 65% of the total votes of all attending shareholders, except for the cases specified in Clauses 3, 4, 6, Article 148 of the Law on Enterprises.

   1. Types of shares and total number of shares of each type;

   2. Changes in industry, profession and business activities;

   3. Change in the Company's management and organizational structure;

   4. Investment project or sale of assets with the value equal to or greater than 35% of the total asset value recorded in the Company's most recent Financial Statements;

   5. Reorganization, business dissolution;

   6. Company's operation extension;

2. The Resolutions shall be approved when they are approved by the shareholders holding more than 50% of the total votes of all attending shareholders, except for the cases specified in Clause 1 of this Article and Clauses 3, 4 and 6, Article 148 of the Law on Enterprises.

   In the election of Supervisory Board members, if the number of candidates is less than or equal to the number of positions to be filled, the election of Supervisory Board members may be conducted either by cumulative voting as mentioned above or by voting (agree, disagree, or abstain). The approval ratio under the voting method shall be implemented in accordance with Clause 2, Article 21 of the Company's Charter.

3. The Resolutions of the General Meeting of Shareholders, which are approved by 100% of the total number of voting shares, are legal and effective even if the order and procedures for convening the meeting and for approving that resolution violate the provisions of the Law on Enterprises and the Company's Charter.

CHAPTER IV

CLOSING OF GENERAL MEETING

Article 12. Resolution and Minutes of the General Meeting

1. The Minutes and Resolution of the General Meeting shall be completed before the closing of the meeting. The Secretariat will approve the Resolution of the General Meeting of Shareholders before the closing of the meeting. Instead of the General Meeting of Shareholders approving the minutes before the closing of the meeting, according to the plan of the Organizing Committee, the General Meeting shall approve the Resolution before the closing of the meeting.

2. The Minutes and Resolution of the General Meeting are disclosed on the Company's website within 24 hours from the closing of the General Meeting and stored at the Company's head office.

   Article 13. Terms enforcement

   This Regulation including 4 Chapters and 13 Articles is made public before the General Meeting and takes effect immediately after being voted and approved by the General Meeting.

   ON BEHALF OF THE GENERAL MEETING OF SHAREHOLDERS CHAIRMAN

   DO QUANG NGON

   DRAFT

   REPORT OF THE BOARD OF DIRECTORS

   To: The General Meeting of Shareholders of Becamex Infrastructure Development Joint Stock Company

   The Board of Directors ("BOD") of Shareholders of Becamex Infrastructure Development Joint Stock Company ("the Company/IJC") respectfully reports to the General Meeting of Shareholders ("GMS") on the results of the BOD's performance in 2025 and the BOD's plan for 2026 as follows:

   1. RESULTS OF THE BOD'S PERFORMANCE IN 2025

      1. Achievement of Business Performance Targets in 2025

         The year 2025 closed with remarkable growth in Vietnam's economy, despite the volatile international context: strategic competition between major countries, geopolitical conflicts, trade wars and the complex developments of climate change. However, with decisive and timely guidance from the Government and the coordinated implementation of proactive fiscal and monetary policies, GDP growth in 2025 exceeded 8%, inflation was controlled, and major balances were maintained at stable levels. In addition, the trio of the Land Law, Housing Law, and Real Estate Business Law, which officially took effect in August 2024, has also removed legal bottlenecks and stabilized investor sentiment through transparent regulations on ownership rights.

         To capitalize on the aforementioned opportunities and effectively implement the 2025 business plan, the BOD has directed the Board of Management (BOM) to proactively and flexibly monitor market developments to implement a range of synchronized solutions regarding human resources, maximize competitive advantages, promote the digital transformation strategy, and effectively control investment capital with the determination to achieve the targets of the 2025 GMS with the following results:

         - Consolidated total revenue for 2025 was VND 1,799 billion, achieving 86% of the plan, total expenses were VND 1,091 billion, achieving 70% of the plan. Profit before tax was VND 708 billion, achieving 137% of the plan, and profit after tax was VND 597 billion, achieving 139% of the plan. As of 31 December 2025, total assets were VND 10,333 billion, an increase of 32% year on year, and Owner's equity was VND 7,992 billion, an increase of 56% against 2024.

         - The Parent Company's total revenue in 2025 was VND 1,441 billion, achieving 81% of the plan, total expenses were VND 878 billion, achieving 66% of the plan. Profit before tax was VND 563 billion, achieving 124% of the plan, and profit after tax was VND 459 billion, achieving 123% of the plan.

      2. Activities of the BOD in 2025:

         1. BOD Personnel Structure

            • The BOD of Becamex Infrastructure Development Joint Stock Company has a total of 05 members with the following structure: 01 executive member, 01 independent member, and 03 non-executive members. The organizational structure of the BOD ensures compliance with the Company's Articles of Association and legal regulations on the

              number, standards and conditions of BOD members, as well as regulations on the number of independent BOD members. Details of specific BOD members is as follows:

              No.	BOD Member	Position	Date of commencement as BOD member
              1	Mr. Do Quang Ngon	Chairman	15 April 2022
              2.	Mr. Quang Van Viet Cuong	Vice Chairman	15 April 2022
              3.	Mr. Tran Thien The	BOD Member	15 April 2022
              4.	Ms. Vo Thi Huyen Trang	BOD Member	15 April 2022
              5.	Ms. Le Thi Xuan Dieu	Independent BOD Member	07 April 2023

         2. BOD meetings, resolutions, and decisions

            • In 2025, in accordance with the provisions of the Enterprise Law, the Company's Articles of Association, and the Regulations on the Operations of the BOD, the Company's BOD held one annual GMS for 2025; 64 BOD meetings to focus on resolving matters within the BOD's authority and key issues related to the Company's development direction; while supervising, directing, and supporting the Executive Board in implementing the 2025 business tasks and plans in accordance with the Resolutions issued by the GMS and the BOD.

              (A summary of the BOD's Resolutions and Decisions for 2025 has been published in the 2025 Corporate Governance Report)

         3. Activities of the independent BOD member and the results of independent member's evaluation of the BOD's performance

            • Details regarding the activities of independent BOD member and the results of independent member's evaluations of the BOD's performance are presented in detail in the 2025 Report of Independent BOD Members.

         4. Report on the evaluation of transactions between the Company and related parties.

            • In 2025, the Company entered into and executed contracts and transactions between the Company and Related Parties. These contracts and transactions were all valued at less than 10% of the Company's total assets as recorded in the most recent Financial Statements.

            • The procedures for approving transactions between the Company and Related Parties were strictly implemented in accordance with the provisions of the Enterprise Law, the Securities Law, the Articles of Association and internal governance regulations of the Company.

              - The list of the Company's Related Parties and transactions between the Company and Related Parties approved by the BOD has been published in the 2025 Corporate Governance Report and the 2025 Audited Financial Statements.

         5. Results of oversight of the Chief Executive Officer and management personnel:

            In 2025, the BOD conducted inspections and supervision of the activities of the BOM in managing production and business operations and implementing the Resolutions of the GMS and the BOD, specifically as follows:

            • Monitoring the implementation of the GMS's Resolutions, the BOD's Resolutions and Decisions in 2025 in accordance with the scope, authority, and responsibilities stipulated in the Company's Articles of Association.

            • Through meetings, the BOD provided timely guidance and strategic direction to help the BOM implement business activities effectively, supporting and facilitating the implementation of tasks.

            • Monitoring and controlling transactions between the Company and related parties.

            • Reviewing and strengthening corporate governance activities, internal audit activities, and risk control.

         6. Activities of the Internal Audit Committee

            • In 2025, under the direction of the BOD, the Internal Audit Committee inspected the Company's departments and affiliates for compliance with the Company's policies, regulations and procedures; assessed the adequacy and effectiveness of the Company's internal control system in preventing, detecting and promptly addressing risks, focusing on a number of key areas such as: toll collection management, real estate debt management, inventories, etc. As a result, in 2025, the Internal Audit Committee did not record any significant risks or violations in the audited activities. All errors were promptly corrected by the departments after receiving feedback from the Internal Audit Committee, helping to improve and enhance post-audit effectiveness.

         7. Results of implementing the 2025 Annual GMS's Resolution:

            1. Implementation of the 2025 Business Performance Targets:

               Detailed information on the implementation of the 2025 business performance targets is provided in Section 1 of Part I of the Report.

            2. Implementation of the profit distribution and dividend payment plan for 2024 and 2025:

               • The BOD directed the appropriation for funds and completion of dividend payments for 2024 to shareholders, with the payment date being 08 October 2025 at a rate of 5% of the charter capital, corresponding to a payment amount of VND 188,874,192,000.

               • The profit distribution and dividend payment for 2025: The BOD prepared and submitted to the GMS a profit distribution plan for 2025 in Proposal No. 06/TTr-HĐQT dated 09 April 2026.

            3. Payment of remuneration to the BOD, the Supervisory Board, and the Company Secretary for 2024 and 2025:

               Remuneration payment for the BOD, Supervisory Board and Company Secretary in 2024: In 2025, the Company paid remuneration to members of the BOD, the Supervisory Board and the Company Secretary for 2024 in accordance with Resolution No. 01/NQ-ĐHĐCĐ dated 10 April 2025, which is: 0.5% x the Parent Company's profit after tax for 2024 (0.5% x VND 243,608,556,298), corresponding to the rounded amount of VND 1,218,000,000. Of which, the remuneration paid to the BOD is: VND 835,200,000, distributed to each BOD member in accordance with Resolution No. 12/NQ-HĐQT dated 18 April 2025, specifically:

               • 01 Chairman: VND 261,000,000 per year

               • 01 Vice Chairman: VND 208,800,000 per year

               • 03 BOD Members: 121,800,000 VND per year

               • Remuneration payments to the BOD, Supervisory Board and Company Secretary in 2025: The BOD prepared and submitted to the GMS a profit distribution plan for 2025 in Proposal No. 07/TTr-HĐQT dated 09 April 2026

            4. Report on changes to the plan of using capital and funds raised from the additional public offering of shares to existing shareholders in 2025

               The BOD prepared a detailed report to the GMS on the changes to the plan of using capital and funds raised from the additional public offering of shares to existing shareholders in 2025 in Proposal No. 03/TTr-HĐQT dated 09 April 2025.

            5. Implementation of the GMS's authorization to select the auditing firm for the 2025 Financial Statements:

            - The BOD issued Resolution No. 29/NQ-HĐQT dated 05 June 2025 on the selection of A&C Auditing and Consulting Co., Ltd. as the auditor of the Company's Financial Statements for the 2025.

   2. BOD's OPERATION PLAN FOR 2026

• Moving into 2026, Vietnam's economy is expected to continue its positive growth momentum thanks to supportive policies and efforts to improve the business environment.

• Leveraging its advantage of being located within the industrial ecosystem of Binh Duong (currently part of Ho Chi Minh City's northern region), after the merger, IJC has a golden opportunity to take the lead in the wave of investment shifts, as it not only owns a fund of houses and land but also plays a key role in completing the transport network connecting industrial parks, thereby increasing asset value and creating a unique competitive advantage in the region.

• IJC has set a goal of strongly shifting its revenue structure, focusing on the field of key transport infrastructure construction to create sustainable stability. The strong shift towards construction in the coming period is an effective defense against the sensitivity of interest rates to infrastructure projects and long-term BOT projects, while diversifying revenue streams to protect safe profit margins.

• Based on an analysis and assessment of the domestic economic situation and IJC's operational capacity in 2025, the BOD has agreed to set the following targets for the 2026 to be presented to the GMS:

To achieve the above objectives, the BOD directs and supervises the Company's Chief Executive Officer to implement the following measures:

• Direct the organization to implement strategic objectives and solutions to fulfil the 2026 targets assigned by the GMS.

• Promote the implementation of cooperation projects between the Company and Becamex Group; associates: Becamex Binh Phuoc, Ho Chi Minh City - Thu Dau Mot - Chon Thanh Expressway Joint Stock Company, Ho Chi Minh City Ring Road 4 Joint Stock Company and affiliates to promote business growth and improve operational efficiency.

• Continue to carry out investment activities and implement projects in which the Company is participating in investment or capital contribution; strengthen investor relations.

• Strengthen project management and financial management in all areas of operation to ensure adequate funding for projects and improve investment efficiency.

• Continue to improve the internal governance system, enhance management capabilities and corporate governance efficiency.

• Apply artificial intelligence technology and accelerate digital transformation in management to optimize costs and improve labor productivity.

The above is the content of the Report of the BOD for 2025 and the BOD's Operation Plan for 2026. We respectfully submit this for the GMS's consideration and approval.

Yours sincerely,

ON BEHALF OF THE BOARD OF DIRECTORS CHAIRMAN

DO QUANG NGON

Page 5

BECAMEX INFRASTRUCTURE DEVELOPMENT JOINT STOCK COMPANY

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

Ho Chi Minh City, 09 April 2026

REPORT OF THE INDEPENDENT MEMBER OF THE BOARD OF DIRECTORS BECAMEX INFRASTRUCTURE DEVELOPMENT JOINT STOCK COMPANY

To: The 2026 Annual General Meeting of Shareholders

Pursuant to Clause 3, Article 277 of Decree No. 155/2020/ND-CP dated 31 December 2020 of the Government, as amended and supplemented by Clause 80, Article 1 of Decree No. 245/2025/NĐ-CP of the Government dated 11 September 2025, each independent member of the Board of Directors of a listed company must prepare an evaluation report on the operations of the Board of Directors in 2025 as follows:

1. Board of Directors Membership Structure

   In 2025, the Board of Directors ("BOD") of Becamex Infrastructure Development Joint Stock Company ("Becamex IJC") consists of 05 members with the following structure: 01 executive member, 03 non-executive members and 01 independent member. This structure fully complies with the provisions of the Company's Articles of Association and the law on the number, standards and conditions of BOD members, and the provisions on the ratio of independent BOD members.

   The Company's governance structure ensures the separation between the management and supervisory functions of the BOD and the executive functions of the Executive Board, in line with corporate governance practices.

2. Overall assessment of the BOD operations

In 2025, the BOD held 64 regular and extraordinary meetings (details are updated in the 2025 Corporate Governance Report). BOD members fully participated in meetings, discussions, debates and independent voting on matters within the BOD authority, based on ensuring the legitimate interests of the Company and its shareholders.

BOD resolutions were discussed and adopted by majority vote, in accordance with legal regulations and the Company's Articles of Association; meeting minutes were prepared and stored in full as prescribed.

The BOD has implemented the contents of the Resolution of the 2025 Annual General Meeting of Shareholders, while strengthening the monitoring and assessment of risks for contracts and transactions with related parties to ensure

compliance with the law and the Company's internal governance regulations.

After the resolutions were issued, the BOD monitored and supervised their implementation; regularly updated progress, evaluated implementation effectiveness, and promptly directed adjustments when necessary.

Through the electronic office system (E-Office), the BOD supervises the activities of the Chief Executive Officer in organizing the implementation of resolutions of the General Meeting of Shareholders and the BOD, while monitoring compliance with the Company's regulations and applicable laws.

During the year, the BOD fully performed its functions, rights and obligations in accordance with the law, the Company's Articles of Association and internal regulations on corporate governance.

The above is the Report of the Independent BOD Member for the year 2025, respectfully submitted to the General Meeting of Shareholders for consideration and approval.

Yours sincerely,

Independent BOD Member

Le Thi Xuan Dieu

2

Becamex Infrastructure Development Joint Stock Company

In 2025, amid global economic and political volatility, thanks to the decisive involvement of the entire political system and the business community, our country's economy achieved a growth rate of 8.02%, meeting the target of 8% or higher set out in the Government's 2025 socio-economic development plan. In addition, fiscal policy was expanded, focused, and harmoniously coordinated with monetary policy and other macroeconomic policies to stabilize the macro-economy, control inflation, ensure major balances, and promote growth.

Global economic and political fluctuations have had a significant impact on the economy. Liquidity in the real estate market remains low, affecting the Company's business operations. In 2025, with the timely guidance of the Board of Directors and the efforts of the Executive Board and the staff, the Company successfully increased its charter capital, contributing to increased financial capacity and proactive capital sources to expand the scale of production and business. The business results of Becamex Infrastructure Development Joint Stock Company in 2025 are as follows:

1. INCOME STATEMENT OF THE COMPANY FOR THE YEAR 2025
   1. Business results of the Parent Company in 2025

      Unit: billion VND

      Indicator	Actual performan ce of 2024	Plan for 2025	Actual performanc e of 2025	% Actual performa nce of 2025/Plan for 2025	% increase/decrea se Actual performance of 2025/ Actual performance of 2024
      Total revenue	788	1,787	1,441	81%	83%
      Total expenses	494	1,333	878	66%	78%
      Pre-tax profit	294	454	563	124%	91%
      After-tax profit	244	373	459	123%	88%
      Dividend payment	5%/charter capital	5%/charter capital (*)	5%/charter capital (*)

      Source: Audited Financial Statements of the Parent Company for the fiscal year 2025

      (*) Charter capital after the issuance of additional shares in 2025: VND 6,295,806,400,000.

      The Parent Company's total revenue in 2025 reached VND 1,441 billion, achieving 81% of the plan, an increase of 83% compared to 2024. The Parent Company's pre-tax and after-tax profits reached VND 563 billion and VND 459 billion, respectively, achieving 124% and 123% of the plan, an increase of 91% and 88% year on year.

   2. Business results of subsidiaries in 2025

      Unit: billion VND

      Indicator	BHI			IJC Construction			WTC
      	Plan	Imple mentat ion	%TH/ KH	Plan	Imple menta tion	%TH/ KH	Plan	Imple menta tion	%TH/ KH
      Total revenue	222	212	95%	116	65	56%	23	24.8	108%
      Total expenses	196	181	92%	111	61	55%	21.4	16.9	79%
      Pre-tax profit	26	31	119%	5	4	80%	1.6	7.9	494%
      After-tax profit	21	26	124%	4	3.2	80%	1.3	6.3	485%

      Source: Audited Financial Statements of subsidiaries for the fiscal year 2025

      In February 2026, Becamex Trade Company Limited (BTI) was renamed to IJC Construction One Member Limited Company.

   3. Consolidated business results for 2025

      Unit: billion VND

      Indicator	Actual performan ce of 2024	Plan for 2025	Actual performanc e of 2025	% Actual performanc e of 2025/Plan for 2025	% increase/decre ase Actual performance of 2025/ Actual performance of 2024
      Total revenue	1,170	2,086	1,799	86%	54%
      + Revenue from tolls	309	309	332	107%	7%
      + Revenue from sales of real estate	323	990	974	98%	202%
      + Revenue from construction contracts	-	400	-	-	-

      + Other revenues	538	387	493	127%	(8%)
      Total expenses	755	1,569	1,091	70%	45%
      Profit before tax	415	517	708	137%	71%
      Profit after tax	354	429	597	139%	69%

      Source: Audited Consolidated Financial Statements for 2025

      The Company's consolidated total revenue in 2025 reached VND 1,799 billion, achieving 86% of the plan and increasing by 54% compared to 2024. Consolidated pre-tax and after-tax profits reached VND 708 billion and VND 597 billion, achieving 137% and 139% of the plan, an increase of 71% and 69% respectively compared to the previous year.

   4. Revenue structure

      In 2025, the Company's revenue structure was as follows:

      Unit: billion VND

      2024 Year 2025 Increase/decrease

      Item

      Value

      Propor Value tion

      Propor tion

      Valu e

      Proporti on

      Revenue from tolls	309	26%	332	19%	23	7%
      Revenue from sales of real estate	323	28%	974	54%	651	202%

      -	-	-	-	-	-
      538	46%	493	27%	(45)	(8%)
      1,170	100%	1,799	100%	629	54%

      Revenue from construction contracts

      Other revenues

      Total revenue

      Source: Audited Consolidated Financial Statements for 2025

      In 2025, the real estate business segment was the Company's principal business activity, contributing 54% of total revenue, as real estate revenue in 2025 increased by 202% compared to the actual performance of 2024. Revenue from tolls accounted for 19% and other business activities accounted for 27% of the Company's revenue structure.

      • Real estate business

        In 2025, real estate business revenue reached VND 974 billion, achieving 98% of the plan, an increase of 202% compared to 2024. During the year, real estate

        business revenue was recorded from the following projects: Sunflower I Villa Area, Sunflower II Villa Area, IJC Hoa Loi Residential Area project and other projects.

      • Tolls

        Revenue from toll collection in 2025 reached VND 332 billion, achieving 107% of the plan, an increase of 7% compared to 2024. The total traffic volume passing through the two toll stations reached 23,160,986 vehicles, an increase of 6% compared to 2024.

      • Construction

        In 2025, no revenue from construction was generated as planned due to the fact that the construction of the Ho Chi Minh City - Thu Dau Mot - Chon Thanh expressway has not been accepted as scheduled. Unearned revenues are expected to be recognized in 2026.

      • Other business activities

      Other business activities include revenue from sales of investment properties, restaurants, hotels, financial income, profit from Becamex Binh Phuoc Infrastructure Development Joint Stock Company, and revenue from provisions of services. During the year, total revenues from other business activities reached VND 493 billion, achieving 127% of the plan, a decrease of 8% compared to 2024.

   5. Gross profit structure

      Unit: billion VND

      2024 2025 Increase/decrea se

      	Value Propor tion	Valu e	Proport ion	Valu e	Proporti on
      Gross profit from tolls 232		51%	249	31%	17	7%
      Gross profit from sales of real 96		21%	457	56%	361	376%
      Other gross profit 130		28%	109	13%	(21)	(16%)
      Total gross profit 458		100%	815	100%	357	78%

      Item

      estate

      Source: Audited Consolidated Financial Statements for 2025

      In 2025, gross profit from sales of real estate reached VND 457 billion, an increase of VND 361 billion, corresponding to a 376% increase compared to 2024. Gross profit from tolls reached VND 249 billion, an increase of VND 17 billion, corresponding to a 7% increase compared to 2024. Gross profit from other activities reached VND 109 billion, a decrease of VND 21 billion, corresponding to a 16% decrease compared to 2024.

      Overall, in 2025, due to a significant increase in revenue from real estate compared to 2024, the Company's total gross profit reached VND 815 billion, an increase of VND 357 billion, corresponding to a 78% increase compared to 2024.

   6. Key financial indicators

      Indicator	Unit	2024	2025	Increase/d ecrease
      Liquidity ratio
      Short-term liquidity	Time	2.15	6.32	4.17
      Quick ratio	Time	0.39	2,45	2,06
      Capital structure indicators
      Debt-to-Asset Ratio	%	34.32	21.95	(12.37)
      Debt-to-Equity Ratio	%	52.24	28.13	(24.11)
      Operating capacity indicators
      Inventory turnover	turn	0.17	0.21	0.04
      Total asset turnover	turnover	0.14	0.18	0.04
      Profitability indicators
      Net Profit Margin	%	34.71	37.18	2.47
      Return on equity (ROE)	%	6.87	7.41	0.54
      Return on Assets (ROA)	%	4.52	5.78	1.26

      Source: Audited Consolidated Financial Statements for 2025

      • Liquidity indicators

        Short-term liquidity increased from 2.15 times to 6.32; the short-term debt coverage ratio exceeding 1 indicates that the Company is fully capable of settling its current liabilities. The improvement in quick ratio compared to the previous year demonstrates that the Company's liquidity remains stable and gradually improving . The significant fluctuations in liquidity ratios compared to the previous year are due to the fact that, in addition to the cash received from its business activities, there is also cash raised from the issuance of shares to increase the Company's charter capital, which will be disbursed according to the capital contribution schedule of the enterprises.

      • Capital structure indicators

        In 2025, all capital structure indicators decreased compared to 2024. Specifically, the Debt-to-Asset Ratio decreased from 34.32% to 21.95%, and the Debt-to-Equity Ratio decreased from 52.24% to 28.13% due to the completion of the charter capital increase, the restructuring of balances, and the intensification of efforts to collect accounts receivable and settle customer accounts payable. The decrease in capital structure indicators compared to the previous year reflects a positive shift in the Company's financial situation, helping the Company reduce financial pressure and decrease the proportion of debt in its capital structure.

      • Operating capacity indicators

        In 2025, inventory turnover and total asset turnover increased slightly compared to 2024, reaching 0.21 times, as net revenue from sales of goods and provisions of services in 2025 increased by VND 586 billion, corresponding to a 57% increase compared to 2024.

      • Profitability indicators

      The Net Profit Margin increased from 34.71% to 37.18%. The Return on equity (ROE) increased from 6.87% to 7.41%, and the Return on Assets (ROA) increased from 4.52% to 5.78%. This was due to a significant increase in revenue from the Company's principal business activity which is the real estate sector, coupled with cost reductions, including financial expenses, etc.

   7. Investment Implementation Status for 2025

      Unit: billion VND

      No.

      Company/Project Name

      Total investment capital contributed by Becamex IJC

      Investment plan for 2025

      Actual investment for 2025

      A	Contributing capital to enterprises	2,537	1,235	585
      1	Becamex Binh Phuoc Infrastructure Development Joint Stock Company	715	715	517
      2	Ho Chi Minh City - Thu Dau Mot -Chon Thanh Expressway Joint Stock Company	530	225	20
      3	Ho Chi Minh City Ring Road 4 Joint Stock Company	1,268	295	36
      4	Becamex Hospitality Company Limited	24	-	12
      B	Upgrading and expending Highway 13	1,477	500	19
      C	Investing in the Company's real estate projects	14,249	668	840
      1	Sunflower Villa Area Project	1,265	165	67
      2	Sunflower Villa Area Project (Expansion)	3,000	120	35
      3	Prince Town Project (Expansion)	1,400	60	2
      4	IJC Aroma Apartment Project	1,580	50	6
      5	Hoa Loi Residential Area Project (Expansion) (E2, 7, 10, 11, 14)	2,027	273	553
      6	Hoa Loi IJC Residential Area Project	1,800	-	9
      7	Hamlet 5C Bau Bang Residential Area Project	1,377	-	22
      8	Hoa Loi Resettlement Project (Blocks A, B, C)	1,811	-	41
      9	Green City Project (Hoa Loi Resettlement Area - Lot G)		-	105
      	Total	18,263	2,403	1,444

2. BUSINESS PLAN FOR 2026

   In 2026, the Government aims to focus on maintaining macroeconomic stability, controlling inflation, ensuring major economic balances, and creating a foundation for higher growth in subsequent years.

   The real estate market continues to face numerous challenges, including the implementation of new laws on land, housing and real estate business. In addition, against the backdrop of tight credit controls, real estate lending rates in the first months of 2026 have risen significantly. Based on the analysis of the aforementioned opportunities and challenges, the Executive Board has developed the 2026 Business Plan as follows:

   1. Parent Company's Business Plan for 2026:

      Unit: billion VND

      Indicator	Actual performance of 2025	Plan for 2026	% increase/decrease Plan for 2026/ Actual performance of 2025
      Total revenue	1,441	2,179	51%
      Total expenses	878	1.596	82%
      Profit before tax	563	583	4%
      Profit after tax	459	475	3%
      Dividend payment	5%/charter capital	At the rate of 5% of charter capital or more.

      At the Parent Company, the total revenue plan for 2026 is VND 2,179 billion, an increase of 51% compared to the previous year. Pre-tax and after-tax profits are expected to be VND 583 billion and VND 475 billion, representing increases of 4% and 3%, respectively compared to 2025..

   2. Business plans of subsidiaries for 2026

      Unit: billion VND

      Indicator	BHI			IJC Construction
      	Actual performance of 2025	Plan for 2026	% of Plan for 2026/Actual performance of 2025	Actual performanc e of 2025	Plan for 2026	% of Plan for 2026/Actual performance of 2025
      Total revenue	212	219	103	65	338	520
      Total expenses	181	210	116	61	325	533
      Profit before tax	31	9	29	4	13	325
      Profit after tax	26	7.6	29	3.2	10.2	319

      In 2026, Becamex IJC will transfer WTC Binh Duong One Member Company Limited to WTC Becamex One Member Company Limited (currently undergoing transfer procedures).

      Becamex Hospitality Company Limited (BHI) has set a revenue target of VND 219 billion, an increase of 3% compared to 2025, and after-tax profit of VND 7.6 billion, a decrease of 71% compared to 2025. IJC Construction One Member Limited Company has set a revenue target of VND 338 billion, an increase of 420% compared to 2025, and after-tax profit of VND 10.2 billion, an increase of 219% compared to 2025.
   3. Consolidated business plan for 2026:

      Unit: billion VND

      Indicator	Actual performance of 2025	Plan for 2026	% increase/decrease Plan for 2026/ Actual performance of 2025
      Total revenue	1,799	2,454	36%
      + Revenue from tolls	332	338	2%
      + Revenue from sales of real estate	974	1,054	8%
      + Revenue from construction contracts	-	682
      + Other revenues	493	380	(22%)
      Total expenses	1,091	1,801	65%
      Profit before tax	708	653	(8%)
      Profit after tax	597	541	(9%)

      In 2026, Becamex IJC's consolidated total revenue plan is VND 2,454 billion, an increase of 36% compared to the previous year. Pre-tax and post-tax profits are VND 653 billion and VND 541 billion, respectively, an decrease of 8% and 9% compared to the previous year.

      The business operation plan for each business field in 2026 is as follows:

      • Revenue from sales of real estate is VND 1,054 billion, an increase of 8% compared to the actual performance of 2025, with projected after-tax profit of VND 230 billion, an increase of 1% compared to 2025.

        The projects expected to be launched for business in the year mainly include: Green City project, IJC Hoa Loi Residential Area project, Hoa Loi Resettlement project, Hamlet 5C Bau Bang project, IJC Aroma Apartment project, Sunflower II Villa Area project, etc.

      • Revenue from tolls is expected to be VND 338 billion, an increase of 2% compared to 2025. Post-tax profit is expected to be VND 169 billion, an increase of 1% compared to 2025.

      • Revenue from construction activities is VND 682 billion, expected to be recognized from the Ho Chi Minh City - Thu Dau Mot - Chon Thanh Expressway project, the Ho Chi Minh City Ring Road 4 section from Thu Bien Bridge to Saigon River (Phase 1), and the construction of projects by Becamex Binh Phuoc.

      • Other operating revenue (property leasing, revenue from sales of investment properties, financial income, interest income from associates, etc.) amounted to VND 380 billion, a decrease of 22% compared to 2025.

   4. Investment plan for 2026:

      Unit: billion VND

      No.	BUSINESS/PROJECT	AMOUNT
      A	Contributing capital to enterprises	1,981
      1	Ho Chi Minh City Ring Road 4 Joint Stock Company	1,078
      2	Ho Chi Minh City - Thu Dau Mot - Chon Thanh Expressway Joint Stock Company	510
      3	Becamex Binh Phuoc Infrastructure Development Joint Stock Company	363
      4	IJC Construction One Member Limited Company	30
      B	Upgrading and expending Highway 13 (expansion)	362
      C	Investing in the construction of civil and transport infrastructure projects	798
      1	Construction of the Ho Chi Minh City - Thu Dau Mot -Chon Thanh Expressway Project	470
      2	Construction of the Ho Chi Minh City Ring Road 4 Project	157
      3	Construction of projects of Becamex Binh Phuoc	171
      D	Investing in the Company's real estate projects	1.267
      1	IJC Aroma Apartment Project (Blocks C, D, E)	200
      2	Hamlet 5C Bau Bang Residential Area Project	158
      3	Hoa Loi Resettlement Project (Blocks A, C)	166
      4	Sunflower II Villa Area Project	173
      5	Sunflower I Villa Area Project	54
      6	Green City Project (Hoa Loi Resettlement Area - Lot G)	346
      7	Prince Town I Project	13
      8	IJC Urban Area Project	157
      	TOTAL	4.408

   5. Human Resource Development Plan:

• Focus on providing digital skills training for employees to enhance their digital capabilities and keep them updated with new technologies. At the same time,

  improve educational qualifications and professional skills to meet job requirements.

• Implement appropriate compensation and benefits policies and create a professional working environment to attract highly qualified talent, thereby improving workforce quality.

• Enhance leadership and management skills of executives and managers to ensure a capable and competent workforce.6. Implementation solutions:

  Real estate business:

• Position products appropriately for each customer segment in order to clearly identify target customers and offer products that match market demand at each point in time.

• Expand sales channels and develop sales policies that are aligned with market conditions.

• Implement synchronized development of infrastructure and project amenities, while ensuring effective post-sales operations and management.

  Toll collection:

• Finalize legal documentation, complete construction investment, and commence operations for the Highway Upgrading and Expansion Project (expansion).

• Closely integrate management, inspection, and reconciliation with the application of modern technology to prevent revenue leakage and optimize resources.

  Other activities:

• Apply modern science and technology to production, business, and management activities with the aim of optimizing workflows and improving efficiency.

• Control expenses to optimize financial resources and structure capital sources appropriately to ensure efficient use of funds.

The above is the content of the Report of the Chief Executive Officer on the 2025 business results and the 2026 business plan. Respectfully submitted to the General Meeting of Shareholders for consideration and approval.

Yours sincerely,

BECAMEX INFRASTRUCTURE DEVELOPMENT JOINT STOCK COMPANY

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

Ho Chi Minh City, Marth 19th, 2026

Pursuant to the Enterprise Law No. 59/2020/QH14 passed by the National Assembly of the Socialist Republic of Vietnam on 17 June 2020;

Pursuant to the rights and obligations of the Supervisory Board (SB) as stipulated in the Articles of Association of Becamex Infrastructure Development Joint Stock Company ("the Company" or "IJC") and the current Regulations on the Operations of the SB;

Pursuant to the 2025 Financial Statements of Becamex Infrastructure Development Joint Stock Company, audited by A&C Auditing and Consulting Co., Ltd.;

The SB hereby reports to the Company's General Meeting of Shareholders (GMS) on the performance and results of the SB in 2025 as follows:

1. Operations of the SB

   The SB of Becamex Infrastructure Development Joint Stock Company for the period 2024-2027 (term 2022-2027) comprises the following members:

   • Mr. Nguyen Hai Hoang Head of the Board

   • Ms. Le Thi Thuy Duong Member

   • Ms. Mai Thi Huynh Mai Member

     In 2025, the SB convened and carried out the following key tasks:

   • Evaluating the Company's production and business results and the SB's activities during the year and reporting to the 2025 Annual GMS for approval;

   • Supervising the BOD and the Executive Board in implementing the production and business plan, increasing the charter capital and distributing profits in accordance with the plan approved by the GMS;

   • Assessing the results of the implementation of the business plan and the financial situation for the first six months of 2025 of IJC and member units with capital contributions from the Company, such as Becamex Hospitality Company Limited (BHI), IJC Construction One Member Limited Company, WTC Binh Duong One Member Company Limited and Becamex Binh Phuoc Infrastructure Development Joint Stock Company (Becamex Binh Phuoc);

   • Regularly reviewing related-party transactions and the Company's compliance with information disclosure requirements in accordance with current regulations.

   Assessment: SB Members have diligently performed their duties of monitoring the

   Company's operations in accordance with the Articles of Association and current regulations.

2. Results of monitoring the Company's operational and financial situation

   1. Regarding the 2025 business results:

      - Parent Company's figures:

      Unit: billion VND

      Key indicators	Actual performance of 2024	2025		Plan for 2025/ Performance of 2025	Growth compared to performance of 2024
      		Plan	Performance
      Total revenue	788	1,787	1,441	81%	+83%
      Total expenses	494	1,333	878	66%	+78%
      Pre-tax profit	294	454	563	124%	+91%
      After-tax profit	244	373	459	123%	+89%

      - Consolidated figures

      Source: IJC's audited separate Financial Statements for 2025

      Unit: billion VND

      Key indicators	Actual performance of 2024	2025		Plan for 2025/ Performance of 2025	Growth compared to performance of 2024
      		Plan	Performance
      Total revenue	1,171	2,086	1,799	86%	+54%
      Total expenses	756	1,569	1,091	70%	+44%
      Pre-tax profit	415	517	708	137%	+71%
      After-tax profit	354	429	597	139%	+69%

      Source: IJC's audited Consolidated Financial Statements for 2025 Vietnam's economy grew by 8.02% in 2025, a bright spot amid a global landscape facing numerous challenges due to trade tensions and tariffs. On the positive side, the US continued to reduce interest rates, easing pressure on Vietnam's monetary policy. Domestically, the Government implemented flexible macroeconomic management, stabilized borrowing rates, reduced and extended certain taxes to support business production and operations, and stimulated consumption and investment. Notably, the implementation of the policy to consolidate provinces and cities will create room for development in the medium and long term, including in the real estate and transport infrastructure sectors of IJC. Additionally, several important laws were revised in 2025, such as the Land Law, the Investment Law, and the Law on the Management and Investment of State Capital in Enterprises (Law No. 68), which are anticipated to resolve difficulties and enhance the autonomy and self-reliance of businesses in

      investment and development.

      IJC's business operations in 2025 will focus on four key areas: residential property development, traffic toll collection, capital investment in companies, and commercial services. According to consolidated data, the residential property segment contributed 61% to the structure last year, with net revenue reaching VND 980 billion, a threefold increase compared to 2024, playing a key role in the Company's growth thanks to the promotion of sales for projects in Binh Duong New City such as the Hoa Loi Residential Area and Sunflower II Villa Area. Toll collection activities for Highway 13 project contributed the second largest share of revenue at 21%. In 2025, this activity generated VND 332 billion in revenue, a 7% increase compared to 2024. Activities such as investment real estate, restaurant and hotel services, commerce and

      exhibitions consolidated from subsidiaries contributed 18% to the structure with revenue with nearly VND 295 billion, down 19% compared to 2024.

      In terms of efficiency, the real estate business segment will lead the Company's overall profit growth in 2025 thanks to positive sales revenue growth and an expanded gross profit margin from 31% in 2024 to an average of 47% in 2025. The efficiency of the tool collection segment in 2025 remained stable compared to the same period.

      Regarding capital investment activities in companies, in 2025, IJC increased its investment value in Becamex Binh Phuoc to VND 1,201 billion and increased its ownership in this company from 31.77% to 40.33% of the charter capital. Following the completion of the transaction, IJC recognized a gain arising from the change in ownership ratio at the associate of VND 72 billion. Additionally, during the year, the Company also participated in contributing capital to two companies investing in key transportation projects in Ho Chi Minh City: Ho Chi Minh City -Thu Dau Mot - Chon Thanh Expressway Joint Stock Company (owning 20% of the charter capital) and Ho Chi Minh City Ring Road 4 Joint Stock Company (owning 36% of the charter capital). In terms of efficiency, the investment in Becamex Binh Phuoc still contributed significantly to IJC's profits from joint ventures and affiliates, with a value of nearly VND 85 billion, down 30% compared to 2024.

      Regarding cost management, selling expenses increased 3.8 times compared to 2024 to VND 125 billion due to increased real estate brokerage commissions in line with revenue. Financial expenses in 2025 increased by 25% compared to 2024 due to increased interest on late dividend payments. General and administrative expenses increased slightly by 9% compared to 2024. Overall, the above expenses increased mainly due to the Company's boosting of production and business activities. Specifically, the ratio of financial, selling and administrative expenses to revenue in 2025 was controlled at 17%, a negligible change compared to 2024.

      Overall, Becamex IJC's consolidated total revenue in 2025 reached VND 1,799 billion, a 54% increase compared to 2024, achieving 86% of the assigned plan due to the construction segment not generating revenue. Consolidated after-tax profit reached VND 597 billion, a 69% increase compared to 2024, achieving 139% of the plan assigned by the GMS.

   2. Regarding the financial situation

HĐQT-BBH-26030003