ANNUAL REPORT 2024
TOGETHER IN BELIEF, LEADING IN INNOVATION
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Supervisory Board's working plan for 2025
Evaluation Results of the Interim and Annual Financial Statements
The BOD and the BOM closely collaborated with the SB in fulfilling their assigned functions and duties. They ensured the provision of relevant information and documents and created favorable conditions for the SB to effectively perform its tasks. Regarding key policies and new solutions on specific issues introduced by the BOD and the BOM, such as diversifying debt recovery methods, providing debt extensions for customers, and applying AI in business operations, the SB collaborated in research and offered feedback to ensure the dual objectives of achieving business targets while maintaining compliance with legal regulations, the Company's Charter, and the resolutions of the GMS. Assessment of Coordination among the SB, the BOD, and the BOM The Interim and annual financial statements for 2024 were prepared based on the selection of appropriate accounting policies. Adjustments to tax obligations from previous years were thoroughly evaluated using up-to-date information, ensuring accuracy and objectivity. These adjustments upheld the principle of consistency and were conducted with reasonable assessments and estimates in compliance with Vietnamese accounting standards and regulations. Additionally, they steadily aligned with international accounting standards. financial statements for 2024 were audited by Ernst & Young Vietnam Limited, one of the three firms approved at the 2024 AGM. The reports received an unqualified opinion, providing a true and fair view on material aspects, and were disclosed in accordance with the provisions of applicable laws. The separate and consolidated
In 2025, the Supervisory Board will prioritize the following activities: Continue to execute the functions and responsibilities of the SB in strict accordance with prevailing legal frameworks, the Company's Charter, and the SB's Working Regulations. Closely monitor the implementation of the resolutions passed by the GMS to ensure the alignment and balance of interests among all stakeholders. Collaborate closely with the Legal, Compliance, and Internal Audit departments in the implementation of risk control processes and checkpoints. Organize specialized initiatives focused on specific topics, including: (i) Enhancing oversight of production and business activities within the export segment, which is one of the revenue drivers for the Company; (ii) Strategically allocating resources and optimizing cost-efficiency measures; (iii) Managing risks associated with the application of AI in the Company's operations. Enhance professional training and technology application skills for the SB member.
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