Dear Shareholders, Partners, and Colleagues,

As Viet My Dong Nai (VMD JSC) approaches its 4th anniversary on April 5, 2025, I would like to take this opportunity to reflect on our journey, acknowledge our accomplishments, and share our vision for the future.

While four years may be a relatively short span in the life of a company, the progress we have made together has been truly significant. I am both proud and grateful to have witnessed the dedication, innovation, and resilience that have shaped our path thus far.

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1. Achievements and Milestones

Over the past four years, we have achieved significant milestones, which I am proud to share:

• Our production facilities have more than doubled in size—from 15,000 m² in 2021 to 39,000 m² as of August 2025.

• Our machinery count has also more than doubled, increasing from 50 units in 2021 to over 100 in 2025. These machines are recognized for their advanced technology and consistency across the industry.

• In collaboration with our business partners, we have successfully developed over 1,000 SKUs at our factory.

• More than 8,000 containers have been delivered to customers around the world.

• We have established and supported the launch of two brother companies specializing in cushion and wicker production, enhancing our supply chain and competitiveness.

And there are many more achievements that I cannot list here. Above all, these accomplishments reflect not only our hard work but also the unwavering support from each of you.

2. Commitment to Innovation

As we move forward, innovation remains our top priority. However, innovation isn’t limited to technology and engineering—it starts with mindset. It’s about being open to new ways of thinking, daring to take bold steps, and doing things differently than we have before. We are continuously exploring new opportunities, technologies, materials, and processes to enhance our products and services and move us closer to our mission.

3. Strategic Goals

In the short term, our goal is to increase capacity by 30% in FY2025/26 and deliver 2,500 containers to our customers—without compromising on delivery timelines or product quality.

Looking ahead, our long-term goal is for VMD JSC to become one of the Top 3 mid-to-high-end local aluminum outdoor OEM manufacturers in Vietnam, with a target revenue of USD 80 million by 2027/2028.

4. Emphasizing Sustainability and Responsibility

At VMD, sustainability and responsibility are not just slogans—they are deeply rooted in our actions and values. We make sure that our employees, partners, and community see and feel our commitments.

We are constantly improving our working environment, strengthening safety measures, enhancing meal quality, and ensuring full compliance with local regulations on social and environmental responsibility.

To our customers and partners, we are committed to honesty and loyalty, always prioritizing your interests.

One of the hallmarks of a successful enterprise is “sharing and caring.” We actively participate in local programs led by the government, which has earned VMD JSC recognition as a pioneer in corporate social responsibility in our region.

5. Thank You for Your Support

I would like to take this opportunity to express my heartfelt gratitude for your continued trust and support. Together, we will overcome challenges and embrace the opportunities that lie ahead.

In conclusion, I’m truly excited about what the future holds for VMD JSC. Let’s continue this journey together—striving for excellence and achieving even greater success.

Warm regards,