ANNUAL REPORT 2024
TOGETHER IN BELIEF, LEADING IN INNOVATION
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ASEAN Corporate Governance Scorecard
A Rights and Equitable Treatment of Shareholders
A.2 Right to participate effectively in and vote in general shareholder meetings and should be informed of the rules, including voting procedures, that govern general shareholder meetings.
A.2.4
Does the company disclose the voting procedures used before the start of meeting?
Prior to convening the GMS, the organizing committee consistently submitted the working regulations of the meeting for approval by the GMS. Additionally, the Company consistently published guidance materials for shareholders to participate in the meeting and cast votes through the software system provided by the platform supplier. The minutes of the 2024 AGM recorded the questions and recommendations raised by shareholders, along with the responses provided by the Presidium.
Fully complied
Partially complied
Not complied
LEVEL 1
A.2.5
Do the minutes of the most recent AGM record that the shareholders were given the opportunity to ask questions and the questions raised by shareholders and answers given recorded?
An Cuong's implementation
Notes/ Ongoing Inititative
No.
Criteria
Evaluation Criteria for 2024
2023 2024
A.2.6
Does the company disclose the voting results including approving, dissenting, and abstaining votes for all resolutions/each agenda item for the most recent AGM?
The minutes of ballot counting and the minutes of the 2024 AGM disclosed the number of votes in favor, against, and abstained for each issue presented or submitted for voting at the meeting.
A Rights and Equitable Treatment of Shareholders
A.1
Basic Shareholder Rights
The No. 01-2024/NQ-GAC-ĐHCĐ dated 06/05/2024, approved the dividend payment for the year 2023 and the dividend payment plan for the year 2024. The BOD based its actions on the plan approved by the GMS and executed the dividend distribution in accordance with the provisions of the law and the Company’s Charter, ensuring timeliness and fairness among shareholders. The Company did not offer Script dividend. Resolution of the GMS
A.1.1
Does the company pay (interim and final/annual) dividends in an equitable and timely manner; that is, all shareholders are treated equally and paid within 30 days after being (i) declared for interim dividends and (ii) approved by shareholders at general meetings for final dividends? In case the company has offered Scrip dividend, did the company paid the dividend within 60 days.
A.2.7
Does the company disclose the list of board members who attended the most recent AGM?
At the 2024 AGM, the Company announced that all Members of the BOD were in attendance, and this information was duly recorded in the minutes of the GMS.
A.2.8
Does the company disclose that all board members and the CEO (if he is not a board member) attended the most recent AGM?
At the 2024 AGM, the Company announced that all Board members and the General Director were in attendance, and their participation was duly recorded in the minutes of the GMS.
A.2.9
Does the company allow voting in absentia?
Shareholders may cast their votes through authorized representatives, submit ballots remotely in writing, or vote via the electronic system implemented by the Company in accordance with Clause 2, Article 13 of the Company's Charter. At the 2024 AGM, the Company applied electronic voting, ensuring that all resolutions presented at the meeting were passed successfully. Shareholders exercised their voting rights proportional to the number of shares they held, with each common share corresponding to one vote. The Company nominated personnel for the Voting Committee, which was approved by the GMS. For online AGM, the Company utilized voting software provided by a third-party vendor specializing in online meeting solutions.
Right to participate effectively in and vote in general shareholder meetings and should be informed of the rules, including voting procedures, that govern general shareholder meetings.
A.2
Shareholders held the right to attend and vote at the GMS to approve the remuneration of the BOD. Documents pertaining to the remuneration of the BOD were disclosed to shareholders prior to the meeting. Shareholders held the right to participate in the nomination process for members of the BOD by reviewing the resumes of candidates nominated by the Company, which were made available on the website. Additionally, shareholders had the right to nominate candidates for the BOD in accordance with Clause 2, Article 25 of the Company's Charter and Article 115 of the Enterprise Law. Shareholders elected each member of the BOD either by casting election ballots or submitting ballots during written consultation periods. For every occasion when the election of BOD members was presented to the GMS, the BOD formulated election regulations and submitted these regulations to the GMS for approval prior to the election process.
A.2.1
Do shareholders have the opportunity, evidenced by an agenda item, to approve remuneration (fees, allowances, benefit-in-kind and other emoluments) or any increases in remuneration for the non-executive directors/commissioners? Does the company provide non-controlling shareholders a right to nominate candidates for board of directors/commissioners?
A.2.10
Did the company vote by poll (as opposed to by show of hands) for all resolutions at the most recent AGM?
A.2.2
A.2.11
Does the company disclose that it has appointed an independent party (scrutineers/inspectors) to count and/or validate the votes at the AGM?
A.2.3
Does the company allow shareholders to elect directors/commissioners individually?
A.2.12
Does the company make publicly available by the next working day the result of the votes taken during the most recent AGM/EGM for all resolutions?
The Company disclosed voting results for all matters approved by the GMS [24-hour disclosure obligations].
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