ANNUAL REPORT 2024
TOGETHER IN BELIEF, LEADING IN INNOVATION
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C
Disclosure and Transparency
D Responsibilities of the Board
Board Duties and Responsibilities
Timely filing/release of annual/financial reports
C.8
D.1
Information is fully provided and updated on the Company's website under the Investor Relations/Corporate Documents section. Information is disclosed in the Interim/Annual Corporate Governance Reports and the Annual Report. Clause 17, Article 30 of the Company's Charter lists the types of decisions that require approval from Board members. Regulated in Article 27 of the Company's Charter, Article 4 of the Internal Corporate Governance Regulations, and Chapter II of the Board of Directors’ Operational Regulations. Declaration in the 2024 Annual Report (General Information section). Regulated in Article 27 and Article 30 of the Company's Charter and reflected in the 2024 Annual Report (Report of the Board of Directors section). Regulated in Article 27 and Article 30 of the Company's Charter and reflected in the 2024 Annual Report (Report of the Board of Directors section).
Does the company disclose its corporate governance policy / board charter?
D.1.1
C.8.2
Is the annual report released within 120 days from the financial year end?
The Company consistently complies with regulations on the disclosure of annual report within the required deadlines.
Are the types of decisions requiring board of directors/commissioners' approval disclosed ?
D.1.2
Is the true and fairness/fair representation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company?
The annual financial statements are affirmed for their truthfulness and fairness by Members of the BOD and the General Director.
C.8.3
Are the roles and responsibilities of the board of directors/commissioners clearly stated ?
D.1.3
Company website
C.9
Does the company have an updated vision and mission statement?
D.1.4
C.9.1
Financial statements/reports (latest quarterly)
Information is fully provided and periodically updated on the Company's website under the Investor Relations/Financial Statements and IR report sections.
Does the board of directors play a leading role in the process of developing and reviewing the company's strategy at least annually? Does the board of directors have a process to review, monitor and oversee the implementation of the corporate strategy?
D.1.5
Materials provided in briefings to analysts and media
Information is fully provided and periodically updated on the Company’s website in bilingual formats (Vietnamese-English), including but not limited to the following documents: financial statements, annual reports, governance reports, IR reports, company/product/activity introductions, etc. Information is fully provided and periodically updated on the Company’s website under the Investor Relations/Financial Statements and IR section. Investors/Shareholders can view online or download these documents. Information is sent directly to the email or contact address provided by the shareholder. Additionally, announcements, invitations, and meeting materials are published on the Company's website under the Investor Relations/Information Disclosure/General Meeting of Shareholders section. Information is disclosed and posted on the Company’s website in full and on time, in accordance with legal regulations. Shareholders and investors can access the Company’s website under the section Investor Relations/Information Disclosure/General Meeting of Shareholders. Information is provided, posted, and regularly updated on the Company’s website under the Investor Relations/Corporate Documents section. Key information includes: Company Charter, Prospectus, and Corporate Governance Regulations.
C.9.2
D.1.6
D.2 Board structure
C.9.3
Downloadable annual report
D.2.1
Are the details of the code of ethics or conduct disclosed?
The Company has developed and issued a Code of Conduct and Corporate Culture, which has been widely communicated to all employees, staff members, and relevant stakeholders for compliance.
Notice of AGM and/or EGM
C.9.4
The Company has informed all members of the BOD, the BOM, and employees to comply with the Code of Conduct and Corporate Culture.
D.2.2
Are senior management and employees required to comply with the code/s? all directors/commissioners,
The implementation and supervision of compliance have been specifically outlined in the Code of Conduct and Corporate Culture.
D.2.3
Does the company have a process to implement and monitor compliance with the code/s of ethics or conduct?
C.9.5 Minutes of AGM and/or EGM
Independent members of the BODs comprise one-third of its total members, in compliance with Article 26 of the Company's Charter and Clause 4, Article 276 of Decree 155/2020/ND-CP. Regulated in Article 26 of the Company’s Charter, the term limit for independent members of the BOD is no more than 2 consecutive terms (each term being no longer than 5 years). The Company does not stipulate these conditions; however, laws have regulations in place, and the Company strictly complies with legal requirements. The Company also adheres to information disclosure regarding Board members holding concurrent directorship positions at other companies.
D.2.4 Do independent directors/commissioners make up at least 50% of the board of directors/commissioners?
Company's constitution (company's by-laws, memorandum and articles of association)
C.9.6
D.2.5
Does the company have a term limit of nine years or less or 2 terms of five years1 each for its independent directors/ commissioners?
D.2.6 Has the company set a limit of five board seats that an individual independent/non-executive director/commissioner may hold simultaneously?
C.10 Investor relations
C.10.1
Does the company disclose the contact details (e.g. telephone, fax, and email) of the officer / office responsible for investor relations?
Information is fully provided and disclosed through multiple channels/documents such as the Company's website, Annual Reports, quarterly IR Reports, and other materials sent to investors/shareholders.
The company does not have this case.
D.2.7
Does the company have any executive directors who serve on more than two boards of listed companies outside of the group?
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