AN CUONG ANNUAL REPORTS 2024

ANNUAL REPORT 2024

TOGETHER IN BELIEF, LEADING IN INNOVATION

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Human Resources Structure

An Cuong's workforce predominantly comprised young professionals, with 80% of employees under the age of 40. The workforce demonstrated extensive expertise and specialized knowledge, combined with enthusiasm, resilience, and a capacity to effectively integrate advanced technologies. This blend of professional acumen, industry resilience, and youthful energy served as a crucial driver for the Company’s sustainable growth and operational achievements.

In terms of human resource structure, the manufacturing division remained the most labor-intensive segment within the organization, accounting for over 55% of the Company’s total workforce. Despite notable growth in production output and revenue during the year, the division’s workforce was reduced by 30 employees compared to 2023. This reduction primarily stemmed from strategic production optimization initiatives. Furthermore, this division experienced the largest workforce reduction within the Company during 2024.

HR ASIA BEST COMPANIES TO WORK FOR IN ASIA 2024

In 2024, An Cuong was honored for the third consecutive year by Asia HR Magazine as one of the Best Companies to Work for in Asia 2024 . This prestigious award reaffirmed the Company’s unwavering commitment to cultivating an ideal working environment, characterized by exceptional HR policies, competitive benefit packages, and vibrant internal activities.

Throughout 2024, An Cuong undertook consistent efforts to review and refine the labor policies, ensuring their effective implementation to safeguard employee safety, health, and welfare.

Over the past three decades, An Cuong has journeyed boldly, scaling new heights and breaking barriers through the united efforts and relentless passion of our workforce. Every milestone achieved along this path has been a testament to the Company’s unwavering resolve, celebrated with prestigious accolades and distinguished recognitions that affirm its excellence in quality and innovation. These achievements are far more than mere results—they symbolize the vibrant energy, unwavering dedication, and profound unity that define the An Cuong family.

An Cuong has always been a place where individuals are empowered to learn, grow, and excel, shaping a unique culture that reflects the Company’s distinct identity. Beyond pursuing growth, An Cuong remains unwavering in its vision to establish a workplace that is safe, supportive, and filled with inspiration. It is a place where creativity flourishes, ideas are born, and every member has the chance to shine their brightest, reaching heights once thought impossible.

Key initiatives executed and regularly monitored included:

Offering childcare allowances of VND 100,000 per child per month, applicable to both parents with children under 72 months of age

Conducting regular training and inspections on workplace hygiene and occupational safety.

Recruiting employees in full compliance with State regulations on legal working age

Developing fire prevention and firefighting plans, and organizing periodic training sessions

Ensuring full and timely monthly salary payments

Ensuring that specialized roles, such as forklift drivers, truck drivers, and maintenance personnel, held proper certifications to meet job requirements

Providing a six-month maternity leaveinaccordancewithregulations

Strictly enforcing anti-corruption and anti-bribery policies

Conducting annual inspections and assessments of workplace environmental factors.

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