UNICONS MEMBERS’ COUNCIL – COTECCONS MEMBER COMPANY APPOINTS NEW GENERAL DIRECTOR

Unicons Investment Construction Limited Company (Unicons) Members’ Council has approved the appointment of Mr. Tran Van Lam as General Director, beginning January 31, 2023.

Mr. Tran Van Lam is a key person that has been with Coteccons from its establishment. He has approximately 20 years of construction experience, having held numerous important positions such as project manager and project director for both Coteccons and Unicons. Mr. Tran Van Lam was officially appointed as Unicons’ Deputy General Director in June 2021.

As a member of the Board of Directors, he spread his assertive working style, strong personality, and positive thinking to the staff and earned the faith and confidence of investors and partners. On January 31, 2023, he was officially appointed general director of Unicons Investment Construction Limited Company.

(Mr. Chris Senekki – President of Unicons, Coteccons Deputy General Director congratulates Mr. Tran Van Lam)

Mr. Tran Van Lam shared: “First of all, I would like to thank all Coteccons and Unicons people. We uphold freedom, creativity, and transparency, along with the “OWN IT” spirit. These values will bring the company to its best version. “I will always try my best to work with all employees with all my heart and soul, determined to bring the Coteccons and Unicons forward.”

“This is a very important milestone for Unicons in particular and Coteccons in general,” said Mr. Bolat Duisenov, Chairman of the Coteccons Board of Directors. “I feel that Mr. Tran Van Lam’s great determination and working ethics of discipline, directness, and fairness are requirements for his success as General Director of Unicons.”

(The Board of Directors of Coteccons, the Members’ Council of Unicons awarded the decision to appoint Mr. Tran Van Lam)

The appointment of Mr. Tran Van Lam as General Director of Unicons and the promotion of the culture of empowerment demonstrate the agreement of the Coteccons Board of Directors, the Unicons Board of Directors, and the Executive Board for the two companies to continue to strongly promote four distinct and distinct values that have created prestige and brand in the Vietnamese market. (Inside Coteccons)

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On July 20th 2024, the Board of Directors of Coteccons Construction Joint Stock Company (Stock code: CTD) has issued a Resolution approving the resignation of Ms. Cao Thi Mai Le from the position of Chief Accountant of the Company from August 15, 2024 and appointing Ms. Tran Thi Thanh Van – Currently Deputy Manager of Finance and Accounting Department to be the Person in charge of Accounting. Ms. Thanh Van has more than 08 years working at Coteccons, experiences various positions in the Finance and Accounting Division and she is among our leadership succession pipline.  The company recognizes the valuable contribution of Ms. Mai Le and her team in taking the 1st step launching the Digital Solutions for Cost management and Construction efficiency, Project management, setting a solid foundation for development.  “As Finance and accounting is one of the important pillars of the enterprise, the Finance and Accounting department always adheres to transparency and integrity in reporting, reflecting the operations and effective implementation of strategies to serve the interests of shareholders, customers and employees of the company. That is also the values that I myself pursue and practice at Coteccons during my tenant, especially in the transition period, I believe that 2025 will be the hinge year for CTD continous growth toward the vision of being an Industry Leader” Ms. Cao Thi Mai Le shares.  Mr. Bolat Duisenov, Chairman of the Board of Coteccons said: “Ms. Mai Le has left a remarkable achievement in promoting the application of transparency standards

Despite the prevailing downturn in the construction market due to the real estate sector’s struggles, Coteccons has made impressive strides with the 1Q2024 business results standing out as a significant bright spot. Notably, in May alone, the company commenced two major FDI construction projects, Pandora and Logos BN 2. Quoted from Market commentary – May 2024 from KIM Vietnam Fund Management Company Limited (KIM Vietnam): “[…] Coteccons Construction JSC (HOSE: CTD), one of the leading contractors, also performed nicely and contributed to the growth of the sector this month. In the context of construction and real estate gradually recovering thanks to supportive policies and economic stimulus, CTD has secured significant contracts from FDI enterprises that have proven their competitive ability and construction capacity. Vietnam becoming an attractive destination for FDI would bring more value to contracts for CTD in the future.” “[…] At sector level, we are optimistic about the outlook of the Industrial sector, particularly the aviation and the construction sub-sectors where leading companies such as ACV, HVN, and CTD have posted robust earnings results in 1Q2024.” On May 28, 2024, Korean Fund – KIM Vietnam officially became a major shareholder by purchasing 200,000 CTD shares. This acquisition increased their total holdings in Coteccons to 5.04 million shares, equivalent to 5.05% of the company’s capital. For detailed Market commentary – May 2024 from KIM Vietnam Fund Management Company Limited, please see: https://koreainvestment.com.vn/en/research/market-monthly-commentary-may-2024  (Eng) https://koreainvestment.com.vn/en/research/diem-tin-thi-truong-052024 (Vie)

On May 20, 2023, Coteccons organized a training program on business conduct policy, a specialized training course on Vietnam’s anti-corruption regulations and compliance with the US Foreign Corrupt Practices Act (FCPA), and an information security policy. The program is open to all employees of Coteccons and Unicons who are working in the back office and on construction sites across the country. Mr. Nguyen Hoang Lam, Director of Technical & Compliance Division, spent time in the first section discussing “Coteccons’ business conduct policy,” “Policy against sexual harassment,” and “Equality and anti-discrimination policy.” Coteccons is devoted to conducting business honestly and responsibly, and it aims to create a trustworthy and secure working environment, providing equal opportunity for all employees, regardless of race, sex, religion, age, marital status, disability, veteran status, or other factors.  Ms. Nguyen Thi Thanh Tra and Mr. Esko Cate, VILAF, followed, both of whom have substantial experience in compliance and anti-corruption concerns. Employees of Coteccons and Unicons got a thorough understanding of Vietnam’s anti-corruption policies as well as compliance with the US Foreign Corrupt Practices Act (FCPA) during the training session. It not only gives theory but also interactive and includes case studies, assisting employees in understanding how to recognize and prevent potential incidents of corruption. “Today, businesses in the United States have a need to move and expand their market through Asian countries in general, and especially Vietnam in particular. And they are excited about working together, collaborating with trustworthy partners, and following the same core principles. And

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