VIMID Announces Public Offering of Shares to Existing Shareholders

Pursuant to the Certificate of Registration for Public Offering No. 206/GCN-UBCK issued by the Chairperson of the State Securities Commission of Vietnam on June 8, 2026, Vietnam Machine Investment Development Joint Stock Company (VIMID – HOSE: VVS) announces a public offering of shares to its existing shareholders.

Key Dates for Shareholders

Shareholders are advised to take note of the following important dates:

• Record date for share subscription rights: June 22, 2026
• Subscription period: June 25, 2026 – July 16, 2026
• Rights transfer period: June 25, 2026 – July 10, 2026
• Payment period for subscribed shares: June 25, 2026 – July 16, 2026
  Subscription ratio: 1:1
• Offering price: VND 25,000 per share
• Number of shares offered: 21,525,000 shares

To stay informed and ensure their rights throughout the subscription process, shareholders are encouraged to follow official announcements published on the Company’s Investor Relations page.

Strengthening Resources for Long-Term Growth

The approval of this public offering reflects VIMID’s commitment to transparency in corporate governance and information disclosure. For existing shareholders, the offering presents an opportunity to continue partnering with the Company and sharing confidence in its growth strategy and long-term prospects.

Under the plan approved by the General Meeting of Shareholders, the offering is expected to raise approximately VND 538.1 billion. The additional capital will strengthen the Company’s financial position and support its future development plans.

Among these initiatives, VMASS Manufacturing and Assembly Plant Project has been identified as one of VIMID’s key strategic projects. The project is expected to enhance supply chain autonomy, increase local value creation, expand market presence, and gradually elevate the profile of Vietnamese commercial vehicle manufacturing in international markets. 

At the same time, VIMID continues to maintain strong business momentum. According to the financial results of the first quarter of this year, the Company recorded revenue of VND 2.760 billion, up 142.9% year-on-year. Profit before tax reached VND 208 billion, an increase of 538.7%, while profit after tax rose 539% to VND 166.5 billion.

These results reflect the effectiveness of VIMID’s development strategy, management capabilities, and brand strength, while also highlighting the growth potential of the commercial vehicle market as demand for fleet investment, vehicle replacement, and transportation capacity expansion continues to increase.

In recent years, VIMID has consistently enhanced its product and service quality while expanding its nationwide network of 3S service stations. Alongside maintaining its position as Vietnam’s leading medium- and heavy-duty truck distributor by market share, the Company continues to accelerate digital transformation and invest in comprehensive green transportation solutions, in pursuit of its vision: “To become a leading commercial vehicle industrial group applying artificial intelligence, robotics, and clean energy in Vietnam and the region.”

Built on a strong foundation established over many years and supported by well-structured investment strategies, VIMID remains committed to transparent, sustainable, and efficient growth while continuously creating value for shareholders, customers, partners, and the wider community.

Detailed information regarding the rights transfer period, subscription procedures, and other related matters has been fully disclosed through VIMID’s official communication channels in accordance with applicable securities laws and regulations.