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[BUSINESS] · Vietnam · 2 sources

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PC1 Group to execute early buyback of 900 billion VND bond series

PC1 Group (PC1) has announced plans to conduct an early redemption of its entire bond series, code PC1H2227002. The company has set August 19, 2026, as the final registration date for bondholders.

PC1 intends to repurchase 9,000 bonds at a price of over 103.1 million VND per bond, totaling approximately 928.1 billion VND. The registration period for bondholders to sell back to the issuer will take place from August 25 to August 26, 2026, with the final payment scheduled for September 10, 2026. This move follows a decision by the State Securities Commission of Vietnam regarding remedial measures.

In addition to the bond buyback, the company reported several leadership and shareholder changes. Independent Board Member Le Thanh Luong sold his entire 80,000-share stake, reducing his ownership to 0%. Regarding management, Le Van Dung was appointed General Director and legal representative on July 30, 2026, replacing Vu Anh Duong, who was removed due to being detained by investigative authorities. Furthermore, Hoang Manh Vu was appointed Deputy General Director effective August 10, 2026.

Entities

Hoang Manh Vu · Le Thanh Luong · Lê Văn Dũng · PC1 Group · State Securities Commission of Vietnam