COTECCONS ANNOUNCES DECISION TO PARTICIPATE IN GIA BINH INTERNATIONAL AIRPORT PROJECT AND UPDATES PUBLIC BOND ISSUANCE DOCUMENTATION FOR 2025

December 5, 2025

PRESS RELEASE

COTECCONS ANNOUNCES INTENTION TO PARTICIPATE IN GIA BINH INTERNATIONAL AIRPORT PROJECT AND UPDATES PUBLIC BOND ISSUANCE DOCUMENTATION FOR 2025

Ho Chi Minh City, December 5, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) has announced three significant resolutions related to its strategy to participate in a key national infrastructure project and the ongoing process of finalizing documentation for its 2025 public bond issuance.

Coteccons Approved to Enter into Contracts with Consortium for Gia Binh International Airport Project

The Board of Directors of Coteccons issued Resolution No. 28A/2025/NQ-HĐQT dated December 5, 2025, approving the Company’s intention to sign contracts with the Consortium of General Contractors for the execution of critical packages and components of the Gia Binh International Airport Project.

Gia Binh International Airport is a national priority project, expected to become one of Vietnam’s largest airports, designed to meet ICAO’s 4F standards. Given its complexity and scale, the project requires contractors with extensive experience, deep knowledge of international standards, and proven capability in delivering mega projects in Vietnam.

Coteccons Updates Progress on Adjusting 2025 Public Bond Offering Documentation

The Board of Directors also approved Resolutions No. 26 and 27 dated December 5, 2025, concerning adjustments to certain details in the documentation for the 2025 public bond offering.

Previously, Coteccons submitted its bond issuance dossier to the State Securities Commission and disclosed information on October 13, 2025, in compliance with regulations. The Company is currently refining, adjusting, and supplementing information as guided by the regulatory authority.

These adjustments aim to ensure the issuance documentation is complete, transparent, compliant with risk management standards, and aligned with prevailing legal requirements, thereby facilitating the upcoming public offering process.

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