According to this Decision, June 1, 2026 will be the record date for finalizing the list of shareholders, and the collection of shareholders’ written opinions is expected to take place in June 2026.

The principal matter in need of shareholders’ approval is the Company’s investment proposal with a value of 35% to under 50% of the total asset value recorded in the Company’s latest financial statements. Other matters (if any) falling within the authority of the General Meeting of Shareholders as stipulated by law and the Company’s Charter may also be submitted for approval.

The Board of Directors delegates Mr. Nguyen Van Dat – Chairman of the Board of Directors and/or Mr. Bui Quang Anh Vu – Chief Executive Officer with full authority to decide and carry out all necessary tasks and procedures for organizing the collection of shareholders’ written opinions in compliance with law and the Company’s Charter.

The collection of shareholders’ written opinions is a necessary step to ensure that significant corporate matters are reviewed and approved properly by the competent authority, while also demonstrating transparency in corporate governance and safeguarding shareholders’ rights in the Company’s decision-making process.

Read the full Information Disclosure.

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Zenia Tower under the La Pura project officially topped out on May 7th, 20 days earlier than the commitment made to customers. Real estate business communities and many homebuyers have responded very positively to this news. Currently, the real estate and construction sectors continue to face multiple pressures, particularly cash flow, construction progress, and legal procedures. Therefore, the fact that a large-scale project such as La Pura has exceeded its planned schedule further demonstrates Phat Dat’s strong operational capability in its role as project developer.

The topping-out ceremony for Zenia Tower under La Pura project took place on May 7th – 20 days ahead of the schedule committed to customers.

In outlining its business strategy following the restructuring phase, Phat Dat’s management has consistently emphasized, since last year, its philosophy of developing real estate products for genuine housing demand. This is considered the core of Phat Dat’s new strategic mindset, reflecting its efforts to capture current market preferences and purchasing power. Through this approach, the Company aims to optimally meet customer demand while securing sustainable growth opportunities amid the increasingly rigorous selection of the real estate sector.

La Pura may be regarded as Phat Dat’s earliest proof of this strategic direction. Following the market-wide downturn, Phat Dat returned to La Pura as the project developer and has brought entirely new vitality to the project.

Overall construction progress of La Pura project.

Based on in-depth analysis of Ho Chi Minh City’s development trend toward becoming a mega-city, Phat Dat identified housing demand and opportunities in surrounding satellite areas, particularly young urban zones in the former Binh Duong province. Accordingly, eastern Ho Chi Minh City is expected to become a prominent choice for younger urban residents. In the past, homebuyers often prioritized central locations as symbols of asset value. Today, however, many customers place greater emphasis on quality of life, connectivity, and the overall urban living experience.

Eastern Ho Chi Minh City is also an area with rapidly developing transport infrastructure and continuous investment. Its convenient connectivity in multiple directions, particularly the fast access to central Ho Chi Minh City and Dong Nai, together with the strong development of technology, education, commercial, and service hubs, is gradually transforming this area into a new urban structure, characterized by young and modern urban communities. The area is designed not only for residence, but also for integrated living and working experiences.

La Pura has been developed by Phat Dat to directly address these customer demands. In addition to its location advantage, the project clearly reflects a new approach to residential development, accurately capturing the preferences and purchasing power of young owner-occupiers who prioritize everyday living experiences, convenience, connectivity, and urban lifestyle values rather than viewing housing solely as an asset for accumulation.

As a result, since the launch of Zenia Tower in mid-2025, La Pura has become one of the most attractive projects in the Ho Chi Minh City market and a major catalyst for the strong revival of the eastern HCMC. According to information released by the Company, the Zenia subdivision has achieved an absorption rate of approximately 95% of total inventory, while around 92% of units in the Risa subdivision were sold within just two hours of launch, and the Lusso Saigon subdivision achieved a 100% absorption rate.

The launch event for the Zenia subdivision drew significant market attention.

These figures clearly reflect the synergistic effect arising from Phat Dat’s product development strategy and actual market demand.

The ahead-of-schedule topping-out of Zenia Tower demonstrates Phat Dat’s capability and determination in fulfilling its commitments to customers, further strengthening La Pura’s credibility in terms of delivery capability and legal certainty. These are factors that customers place particular emphasis on in the current market environment.

For Phat Dat, La Pura also represents a different corporate image following its restructuring phase. In the past, Phat Dat was known primarily for its land bank advantages and large-scale projects, customers are now beginning to recognize its capabilities in product development, project execution and management. The financial statements have also recorded significant contributions from the development of La Pura project to total revenue.

In the current context of the real estate industry, such capabilities cannot be developed easily within a short period of time. The market is also witnessing a major shift in the way businesses are evaluated. Large-scale plans and ambitious statements no longer inspire customer trust as they once did. Instead, the market now evaluates companies based on actual execution capability, construction progress, and product quality.

Therefore, the ahead-of-schedule topping-out of Zenia Tower is not merely a conventional construction milestone. It also signals that Phat Dat is gradually transforming itself from a company known for its land bank into a project developer capable of organizing and delivering projects in line with its strategy of serving genuine housing demand.

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The May 2026 Internal Newsletter focuses on the following:

• Highlights of the 2026 Annual General Meeting of Shareholders, including important strategic directions for the next phase of development.

Phat Dat’s 2026 Annual General Meeting of Shareholders was held under the theme “Driven by core strengths.”

• Q1 2026 business results recorded positive financial signals, with profit after tax exceeding VND 137 billion, up 2.7 times year-on-year, according to the Q1 2026 consolidated financial statements.
• Chairman of the Board Nguyen Van Dat completed the purchase of 3,000,000 PDR shares in April, further reinforcing confidence in the Company’s long-term growth prospects.
• The Company further enhanced its market credibility by maintaining its position in the “Top 10 Reputable Real Estate Developers” for six consecutive years.

Phat Dat named among “Top 10 Reputable Real Estate Developers” for six consecutive years.

Business and investment activities achieved important milestones:

• La Pura Project: Zenia Tower officially topped out on May 7, 2026, more than 20 days ahead of the schedule committed to customers.

Topping-out ceremony of Zenia Tower under La Pura project.

• PDR focuses on the branded residences segment through Lusso Saigon Tower under La Pura project, developed under an “All-in-One” model, while also positioning itself to capitalize on the infrastructure expansion trend in Central Vietnam through Quy Nhon Iconic project.

Quy Nhon Iconic project is being developed as an integrated urban model featuring a modern and synchronized amenities system.

ESG – Sustainable development through the smallest actions:

• At PDR, sustainable development goes beyond slogans and has been deeply integrated into the Company’s operational system.
• The campaign “Green Mode: ON” is promoting positive habits among PDR’s employees.

Through these activities and achievements, PDR continues to demonstrate consistency in its development strategy while steadily strengthening its market position through execution capability, operational efficiency, and adaptability to the increasingly demanding standards of the real estate industry.

Read the full Newsletter here.

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Zenia Tower officially topped out on May 7, 2026, more than 20 days ahead of the schedule committed to customers.

Located on the frontage of National Highway 13 in Binh Hoa Ward, HCMC, Zenia Tower comprises two towers with 39 above-ground floors and three basement levels, on a total land area of 3,395.57m².

As the first subdivision to be developed, Zenia shapes the identity of the overall La Pura project, in line with the vision of creating a modern, balanced, and experience-oriented living environment for residents.

The topping-out of Zenia Tower 20 days ahead of the committed schedule was made possible through the close coordination among all project partners amid ongoing market challenges.

Representing the Developer, Mr. Nguyen Khac Sinh – Deputy Chief Executive Officer of Phat Dat – acknowledged the contributions of and expressed appreciation to SG-KL as the owner, Central as the main contractor, Artelia as the supervision consultant, Big Four as the strategic consultant, together with partners and distribution agencies throughout the implementation process.

Mr. Nguyen Thien Thuat – Project Director and representative of Central, the main contractor – delivered remarks at the event, recognizing the tireless efforts of engineers and workers who worked day and night to overcome numerous challenges and contribute to the successful construction of Zenia Tower.

Representatives of Phat Dat and Central conducted the symbolic “golden steel beam placement” ceremony on the rooftop of the tower.

Zenia Tower was officially launched for sale on June 8, 2025 and achieved an absorption rate of up to 95% of the total inventory of the subdivision, reflecting the project’s strong appeal in the market.

The project implementation parties reaffirmed their commitment to ensuring the timely completion of the entire La Pura project in order to meet the trust and expectations of customers and partners.

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In Q1/2026, PDR’s total revenue and income reached over VND 1,011 billion, including net revenue from sales and services, financial income, and other income. Total accounting profit before tax exceeded VND 390 billion, while profit after tax reached more than VND 137 billion, over 2.7 times higher than in Q1/2025.

Alongside business results, PDR’s financial position continued to improve. As of March 31, 2026, total consolidated assets exceeded VND 26,600 billion, while equity reached over VND 12,556 billion. The company maintained a large asset base and recorded improvements in its capital structure, with liabilities decreasing compared to the end of the previous year.

Amid the gradual recovery of the real estate market, these results demonstrate PDR’s continued commitment to a prudent financial management strategy, portfolio optimization, and preparation of resources for business plans in the upcoming quarters of 2026.

See details in the Consolidated Financial Statements for Q1/2026.

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