PHAT DAT REAL ESTATE

DEVELOPMENT CORPORATION

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No.: 302/2021/PD-TC

"Re: Explanation on the income statement for the first half of 2021 - Reviewed Interim Consolidated Financial Statements"

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

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HCMC. 12th August 2021

To: - THE STATE SECURITIES COMMISSION

- HO CHI MINH STOCK EXCHANGE (HOSE)

On 12th August 2021, Phat Dat Real Estate Development Corporation (Stock Code: PDR) disclosed information of the Interim Consolidated Financial Statements for the six-month period ended 30th June 2021. In these financial statements, profit after tax of the first half of 2021 is 1.8 times compared to the same period in 2020. Details are as follows:

    • Profit after tax of the first half of 2021: 502,053,900,833 VND
    • Profit after tax of the first half of 2020: 278,951,370,371 VND With the following explanations:
  2. In the six-month period ended 30th June 2020, Phat Dat Corporation's profits were mainly recorded from the transfer and handover of a number of land lots in Zone 2 - Nhon Hoi Ecotourism City in Binh Dinh Province.
  3. In the six-month period ended 30th June 2021, the Company accelerated the construction of infrastructure and transferred to Customers land lots of the low-rise section in Zone 9 - Nhon Hoi Ecotourism City in Binh Dinh Province.

  4. Meanwhile, the Company transferred a part of the high-rise section in Zone 4 - Nhon Hoi Ecotourism City in Binh Dinh Province.
    Thus, the Company's profit after tax for the first half of 2021 increased by 80% compared to the same period of 2020 primarily due to the revenue recorded from the transferred land lots in Zone 9 and the partial transfer of the high-rise section in Zone 4 - Nhon Hoi Ecotourism City in Binh Dinh Province.

Respectfully.

Phat Dat Real Estate Development Corporation

Chief Executive Officer

Recipients:

-

As stated above;

(Signed and sealed)

-

Company archives

BUI QUANG ANH VU

[NOTICE: This document is a translation of the Vietnamese language original for convenience purposes only, and in

the event of any discrepancy, the Vietnamese language original shall prevail.]

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Phat Dat Real Estate Development Corp. published this content on 12 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2021 03:03:03 UTC.