HVN: Right issue

+ Right code: MIRHVN251
+ ISIN code: VNMIRHVN2515
(Effective date of code allocation: 07/08/2025; effective date of code cancellation: 11/09/2025)
+ Planned quantity of issued shares: 900,000,000 shares
+ Issue price: 10,000 VND
+ Execution rate: 1:0.406431705 (shareholders are entitled to 1 right for each share that they own and to buy 406,431,705 new shares for every 1,000,000,000 rights).
 - Principle of rounding, handling fractional shares and unsubscribed shares (if any):
+  Principle of rounding: The additionally issued shares will be rounded down to the whole number
+ Principle of handling fractional shares and unsubscribed shares (if any):
The number of undistributed shares (remaining shares) includes:
v The number of remaining shares due to shareholders not exercising their rights or not paying for the purchase;
v The number of fractional shares arising from rounding down when calculating the number of shares purchased by shareholders according to the execution rate;
v The number of shares that are different between the total number of shares registered for offering (900,000,000 shares) and the total number of shares offered according to the ratio (1: 0.406431705).
The remaining shares are authorized by the General Meeting to the Board of Directors (BOD) to consider and decide to continue offering to other investors or the BOD decides to end the offering. In case the BOD decides to continue offering to investors: The offering parties are domestic institutional or individual investors; the offering price is not lower than the offering price to existing shareholders and the offering conditions are not more favorable than that offered to existing shareholders.
The remaining shares distributed by the BOD to other parties will be restricted from transfer within 1 year from the date of closing the offering.
BOD's Resolution on selecting the purchaser of the remaining shares will be announced on Vietnam Airlines' website within 24 hours for shareholders' information.
Distribution of the remaining shares to other investors must satisfy the conditions under the Enterprise Law, the Securities Law, Decree No. 155/2020/ND-CP issued by the Government on 31/12/2020 detailing implementation of a number of articles of the Securities Law and related legal regulations, including but not limited to the following conditions:
v Comply with the provisions of Clause 2, Article 195 of the Enterprise Law 2020: "A subsidiary is not allowed to invest in buying shares or contributing capital to the parent company. Subsidiaries of the same parent company are not allowed to simultaneously contribute capital or buy shares to cross-own each other."
v Ensure the conditions for offering as prescribed in Article 42 of Decree No. 155/2020/ND-CP.
Example: Shareholder A who owns 1,000 shares is entitled to buy 406.431705  shares. According to the rouding principle, Shareholder A will entitled to buy 406 shares. The 0.431705 fractional shares will be decided by the BOD.
- Regulations on rights transfer:
+ Time period for right transfer: from 07/08/2025 to 03/09/2025.
+ Purchase right can be transferred once only.
+ Existing shareholders are allowed to transfer their  purchase rights to domestic institutions and individuals (shareholders are allowed to divide their rights to transfer to different people according to agreement).
- Regulations on subscription:
+ Time period for subscription and payment: from 07/08/2025 to 08/09/2025.
+ Subscribed shares are freely transferable.
- Place for implementation:
+ The holders whose shares have been deposited have to make transfer of purchase right, subscription and payment at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will make right transfer, subscription and payment at Joint Stock Commercial Bank for Foreign Trade of Vietnam Securities Company (VCBS) authorized by VNA.
- Information on blockade account for subscription:
+ Account holder: Vietnam Airlines Joint Stock Company
+ Account number: 9990006868
+ Account opening place: SEABank 
- Information on VSDC's account for cash transferring:
+ Account number: 1220173177
+ Account name: Viet Nam Securities Depository and Clearing Corporation
+ At the bank: Bank for Investment and Development of Vietnam – Ha  Thanh Branch.
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC