PHAT DAT AND MB BANK SIGN FINANCING AGREEMENT:
MB Bank will finance the entirety of Phat Dat's capital contribution to Lotte Eco Smart City Thu Thiem ProjectMB Bank will finance the entirety of Phat Dat's capital contribution to Lotte Eco Smart City Thu Thiem Project

HCMC, June 26, 2026 – As part of the signing ceremony for the Investment Cooperation Agreement for Lotte Eco Smart City Project between Phat Dat Real Estate Development Corporation (PDR: HOSE) and Lotte Group, Phat Dat Real Estate Development Corporation and Military Commercial Joint Stock Bank (MB Bank) signed a financing agreement.

Accordingly, MB Bank will finance the entirety of Phat Dat's capital contribution to Lotte Eco Smart City Thu Thiem Project. The agreement completes the financing structure for Phat Dat's investment in the Project while providing a solid foundation for the Company to fulfill its investment commitments in a timely manner.

The Lotte Eco Smart City Thu Thiem Project is being jointly developed by Lotte Group and Phat Dat, with a total investment value of approximately VND 60 trillion. Under the previously executed Investment Cooperation Agreement, Phat Dat will hold a 35% interest in the Project.

Securing financing for Phat Dat's entire equity contribution at an early stage not only ensures financial readiness but also enables the Company to optimize its capital structure for the investment while preserving financial capacity to support its upcoming business plans and project development activities.

The participation of MB Bank—one of Vietnam's leading joint stock commercial banks—reflects the confidence of a major financial institution in Phat Dat's execution capabilities, its ability to fulfill its investment commitments, and its long-term development strategy.
 

Speaking at the signing ceremony, Mr. Nguyen Van Dat, Chairman of the Board of Directors of Phat Dat, said: "MB Bank's financing provides Phat Dat with a solid foundation to fulfill its investment commitments proactively and on schedule. The support of a reputable financial institution not only strengthens the capital structure for this investment but also enables us to focus our resources on our long-term development plans."

The agreement between Phat Dat and MB Bank further reinforces the long-standing cooperation between the two parties in supporting the development of large-scale projects. It also enhances Phat Dat's financial capacity and strengthens the Company's ability to execute its key development projects in the years ahead.