In response to unverified information circulating in the market, Saigon-Hanoi Commercial Joint Stock Bank (SHB) affirms that its business operations continue uninterrupted, safely and stably. Financial plans and governance and management activities are being implemented in full compliance with applicable laws. The Bank is proactively strengthening its financial capacity, diversifying funding sources, and enhancing governance quality to support its long-term development strategy while safeguarding the legitimate rights and interests of customers, shareholders, investors and other stakeholders.

With a clear development orientation, SHB continues to proactively adapt to market developments, maintain prudential banking ratios, and fully comply with information disclosure requirements.

CAPITAL INCREASE IMPLEMENTED IN ACCORDANCE WITH REGULATIONS; PROCEDURES EXPECTED TO BE COMPLETED IN OCTOBER 2026

SHB has implemented its charter capital increase plans as approved by the General Meeting of Shareholders, ensuring full compliance with all legal procedures, conditions and requirements, including those stipulated in Circular No. 50/2025/TT-NHNN regarding dossiers and procedures for approval of certain changes relating to commercial banks and foreign bank branches.

Accordingly, SHB’s plan to increase charter capital to VND 53,442 billion was approved by the State Bank of Vietnam based on the plan adopted by the General Meeting of Shareholders. SHB subsequently completed the share offering/issuance procedures and obtained confirmation of the offering results from the State Securities Commission. These documents were duly disclosed in accordance with the law.

The additional shares have been registered with the Vietnam Securities Depository and Clearing Corporation and credited to shareholders’ securities accounts.

SHB has submitted a complete application dossier to the State Bank of Vietnam requesting amendment of the charter capital amount stated in the Bank’s Establishment and Operation License in accordance with Circular No. 50/2025/TT-NHNN. The State Bank is currently reviewing the application. Once the capital increase is officially recognized, SHB will promptly complete the procedures for additional listing and disclose the official trading date of the newly issued shares.

As of June 30, 2026, SHB’s book value per share (BVPS) reached VND 16,360 per share, significantly higher than the current market price. The difference between book value and market price is one of the factors investors may consider when assessing the valuation of SHB shares, together with the Bank’s financial strength, business performance and long-term growth potential.

SHB understands shareholders’ interest in the timeline for completing post-offering procedures, particularly the period between payment for shares and the commencement of trading. The Bank is actively completing all tasks within its responsibility while closely coordinating with regulators and relevant parties to expedite the process in compliance with regulations and in protection of shareholders’ legitimate interests.

The charter capital increase is an important measure to strengthen financial capacity, increase equity capital, improve compliance with prudential ratios, and create additional room for credit growth, technology investment, digital transformation and business expansion. Throughout implementation, SHB seeks to balance growth objectives, capital efficiency, risk management and sustainable development requirements.

EXPANDING INTERNATIONAL COOPERATION AND REINFORCING FINANCIAL STRENGTH AND MARKET REPUTATION

Alongside strengthening its capital base, SHB is actively expanding cooperation with international financial institutions and diversifying medium- and long-term funding channels, thereby enhancing funding stability and preparing resources for its sustainable development strategy.

In October 2026, SHB plans to launch an international bond offering and arrange an international syndicated loan. Earlier, on September 18, 2026, the Bank announced a Board Resolution approving the registration dossier for the international bond offering and related procedures with the State Securities Commission. On October 6, 2026, the Commission issued Official Letter No. 9903/UBCK/QLCB approving SHB’s registration dossier for offering bonds in the international market.

Accessing international capital markets requires banks to satisfy legal documentation, financial transparency, risk management and due diligence requirements imposed by partners and investors. The preparation and execution of these transactions reflect SHB’s proactive integration strategy, partnership expansion and commitment to meeting international financial market standards.

Through the development of international funding channels, SHB aims to strengthen its medium- and long-term funding structure, enhance resource management flexibility, and improve its ability to support business growth. Funding plans are evaluated based on capital needs, market conditions, funding costs and operational safety requirements, while ensuring compliance with Vietnamese law and transaction-specific conditions.

SHB will continue disclosing information relating to fundraising plans in accordance with regulations, ensuring transparency and maintaining proactive funding management for safe, efficient and sustainable growth.

MAINTAINING SAFETY RATIOS ABOVE REGULATORY REQUIREMENTS

SHB consistently focuses on maintaining a sound financial foundation, stable liquidity and a robust risk management framework in compliance with prudential limits and ratios prescribed by the State Bank of Vietnam. Beyond regulatory compliance, the Bank proactively enhances capital governance, liquidity management and risk control capabilities in line with appropriate international standards and practices.

As of June 30, 2026, SHB’s consolidated capital adequacy ratio (CAR) was 11.81%, exceeding the minimum requirement of 8%. Its liquidity reserve ratio was 17.05%, above the minimum 10%, while the loan-to-deposit ratio (LDR) stood at 80.6%, below the maximum threshold of 85%. These indicators demonstrate the Bank’s capital strength and liquidity management capacity and provide a safety buffer for operations and payment obligations.

SHB discloses its capital adequacy ratio information on its official website in accordance with State Bank regulations. On September 30, 2026, the Bank published information regarding its capital adequacy ratio as of June 30, 2026, including qualitative and quantitative disclosures on capital, risk-weighted assets and capital adequacy. Such transparency enables shareholders, investors, customers and other stakeholders to access, monitor and verify the Bank’s prudential indicators.

Together with maintaining safety ratios above regulatory thresholds, SHB continues improving its internal governance system, data quality, technological capabilities and risk measurement and monitoring tools. The Bank is also proactively reviewing balance sheet management, funding and liquidity management practices and preparing to meet upcoming regulatory requirements.

SHB believes growth must go hand in hand with safety, efficiency and sound governance. Maintaining strong prudential indicators, transparent disclosure and proactive enhancement of risk management capabilities are key factors ensuring stable and continuous operations while supporting long-term sustainable development.

TRANSPARENT DISCLOSURE AND PROTECTION OF THE LEGITIMATE RIGHTS AND INTERESTS OF STAKEHOLDERS

SHB affirms that banking operations continue normally, continuously and stably. Deposit mobilization, lending, domestic and international payments and other banking services are being implemented as planned. The Bank manages funding sources, balances cash flows, monitors liquidity and supervises prudential indicators to ensure operational readiness and meet customer transaction needs.

“SHB sincerely appreciates the trust and support of our shareholders and understands their interest in the Bank’s operations and capital increase plans. SHB remains committed to transparency, full legal compliance, safe and stable operations, and creating sustainable value for shareholders and customers,” said CEO Ngo Thu Ha.

SHB advises customers, shareholders, investors and other stakeholders to exercise caution regarding information from unclear or unverified sources, as well as speculative assessments relating to the Bank’s operations. Stakeholders are encouraged to refer to official SHB disclosure channels, competent authorities and reliable information sources for objective and comprehensive assessment and decision-making.

SHB highly values transparency and accountability in information disclosure and is committed to providing accurate and timely information in accordance with the law. The Bank will continue coordinating with regulators to complete relevant procedures, maintain safe and stable operations, enhance financial strength and governance effectiveness, and protect the legitimate interests of customers, shareholders, investors, partners and other stakeholders.

With a long-term development orientation, SHB remains committed to prudent governance, legal compliance and transparency; strengthening its financial foundation, improving operational quality and creating sustainable value for customers, shareholders, investors and the broader economy.