GREAT PLACE TO WORK® RECOGNIZES COTECCONS AS AN EXCELLENT WORKPLACE – PROVING THE POWER OF A PEOPLE-CENTRIC STRATEGY

Coteccons has officially been certified as a Great Place To Work® (GPTW) – one of the world’s most prestigious recognitions for workplace excellence, assessed based on rigorous criteria relating to corporate culture, internal trust, and employee experience. Notably, Coteccons is the first large-scale construction enterprise in Vietnam to achieve this certification.

Great Place To Work® – Built from the Hearts of Coteccons People

Great Place To Work® (GPTW) is the global authority on workplace culture, surveying nearly 20 million employees across 18,000 enterprises in 150 countries. GPTW evaluates “great workplaces” using the Trust Index™ Survey, which measures five dimensions: Credibility, Respect, Fairness, Pride, and Camaraderie. 

In Vietnam, only around 200 companies currently hold GPTW Certification – a remarkably small number compared to hundreds of thousands of active enterprises – highlighting the strictness, transparency, and global benchmarking of GPTW’s evaluation framework. 

According to the Trust Index™ Survey, 88% of Coteccons employees agreed that this is a great place to work, significantly exceeding the global benchmark of 59%. This result is a powerful testament to Coteccons’ long-term people-centric human resources strategy.

 Trust Index™ Survey Result 

This certification carries even greater significance amid the severe labor shortage in the construction industrywhere competition for talent is increasingly intenseMany companies face rising labor costs and the risk of workforce instability. In this contextCoteccons’ GPTW achievement is not only a milestone in human capital and culture developmentbut also a strategic advantage that helps the company attractretainand nurture talent sustainably. 

 People-centric leadership strategy – The foundation of a Great Place To Work 

At Coteccons, people are the starting point of every strategy and the purpose behind every development effort. Guided by the philosophy of “Selective Leadership”, Coteccons does not aim to become the biggest at all costs, but instead focuses on becoming the best in strategic areas where people feel respected, supported, and inspired to grow.

Coteccons is committed to becoming the world’s first truly people-centric construction company – a “Human-hearted Company. This philosophy is embedded deeply in the OWN IT culture, where every individual is empowered to take ownership, solve problems proactively, and develop leadership capabilities at every level. At Coteccons, “the right person, at the right place, with the right job” is not a slogan, but a belief that “ordinary individuals”, when placed in the right environment, can achieve extraordinary things. This is how Coteccons invests in human capital: by creating great people, not just searching for them.

This people first mindset has become the firm foundation enabling Coteccons to transform, adapt, and grow sustainably in a highly competitive and high-pressure industry. 

 Empowering Talent and Developing the Next Generation of Leaders 

One of the most transformative milestones in Coteccons’ restructuring journey is the PD Empowerment Modelwhich positions Project Directors (PDsas “mini CEOs” at job sites. 

PDs are entrusted with autonomy in management, operations, and decision-making, supported closely by the executive leadership team. This model has cultivated a new generation of young, capable, and decisive PDs who have successfully led large-scale projects and set new construction benchmarks for Coteccons. 

Complementing this empowerment is a continuous learning ecosystem, clear succession pathways, and a transparent evaluation system, enabling both on-site and office employees to visualize their career trajectories. Empowerment does not merely create strong leaders – it builds a confident, proactive, and united workforce. 

 “The Happy Coteccons: Caring for employee happiness and well-being 

At Coteccons, the journey from a “Human-hearted Company” to “The Happy Coteccons” is not merely a communication slogan, but a profound transformation in leadership mindset, corporate culture, and our approach to sustainable development. 

“The Happy Coteccons” focuses on employee engagementwellbeing, mental health,and work place friendliness – ensuring that people feel supported cared for, and motivated to perform at their best. 

Some highlights include10,000 cups of coffee delivered through the Happy Coffee Truck, 63 million safe working hours, 13,000 hours of safety training, 47,000 hours of professional training via internal programs, coaching and mentoring, more than 200 scholarships for workers’ children, and an intensive internship program with Vietnam National University Ho Chi Minh City. These reflect Coteccons’ strong commitment to investing in human capital.

Happy Coffee Truck – where every cup of coffee carries Coteccons’ care for its people

In addition to GPTW, numerous domestic and international recognitions further affirm the company’s people-first strategy: 

  • HR Asia Awards 2025: Best Companies to Work for in Asia & Most Caring Company 
  • Human Act Prize 2024: Honoring the “Build Tet” community initiative 
  • VBW10 – Top 10 Best Workplaces in the Construction Industry: Coteccons ranked No. 1 

These accolades demonstrate that Coteccons not only builds a great workplace but also creates a positive impact for the community and the broader construction ecosystem.

The joy of GPTW spreads from the office to construction sites – where Coteccons’ culture is nurtured and lived every day

Coteccons’ Great Place To Work® Certification is more than an honor – it is a recognition of the company’s unwavering commitment to putting people at the heart of everything. From empowering employees, developing new generations of leaders, improving well-being, to spreading human-centered values to communities and partners, Coteccons is shaping a workplace that is stronger, more human, and meaningfully different.

Coteccons remains committed to continuously elevating its workplace standards, enhancing benefits, safety, well-being, learning, and career development. The company aspires to be the top choice for talent, where every individual finds joy, value, and purpose in their work every day.

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Hanoi, December 26, 2025 – Coteccons Construction Joint Stock Company is honored to be recognized at the VALUE500 – VBE500 – VBW10 – MAE50 Announcement and Award Ceremony, a prestigious annual event jointly organized by Viet Research and Vietnam Investment Review (VIR). At the ceremony, Coteccons was proudly awarded across four key rankings: Top 10 Vietnam Value Creators – Construction Sector (VALUE10): Coteccons ranked No.1 in the industry, while also making a strong leap on the national VALUE500 ranking, rising 47 positions from 120/500 in 2024 to 73/500 nationwide.  Vietnam Top 500 Best Employers (VBE500): Coteccons advanced 19 places, from 54/500 in 2024 to 35/500 nationwide.  Vietnam Top 10 Best Workplaces – Construction Sector (VBW10): Coteccons maintained its No.1 position in the industry ranking.  Top 50 Most Attractive Employers 2025 (MAE50)  Mr. Pham Quang Vu – Board Member, representing Coteccons, receiving the VALUE10 award  Mr. Truong Thanh Hai – Workforce Planning & Deployment Manager, representing Coteccons, received the VBW10 and MAE50 awards Within the framework of Viet Research’s annual research and ranking programs, Coteccons’ presence across all four prestigious lists reflects a comprehensive recognition of its value creation capability, employer attractiveness, and workplace quality. Specifically, VALUE10 honors enterprises that serve as value pillars of the national economy based on business performance, innovation, and sustainable development; VBE500 recognizes leading employers through assessments of workforce scale, working environment, and employee satisfaction; VBW10 highlights industry leaders in  workplace quality;  while MAE50 identifies the most attractive employers based on brand appeal, innovation capability,  and long-term investment in people. Achieving high rankings simultaneously across all four lists demonstrates that Coteccons not only creates sustainable value in its business operations but also builds a credible, attractive, and widely recognized working environment for employees, candidates, and stakeholders. These achievements are especially meaningful in a global

Coteccons pursues sustainable development with governance as its spearhead, ensuring alignment from leadership mindset to on-site operations. This approach enabled the company to cut more than 237,000 tons of CO₂e during fiscal year 2025 (July 2024 – June 2025). Over the past year, the company used 48% green steel—equivalent to more than 300,169 tons—sourced from suppliers certified under LEED, EPD, and LCA standards. At the same time, Coteccons incorporated over 41.2 million XMCL bricks (non-fired bricks), accounting for 50% of the total bricks used during the year. Beyond materials, Coteccons invests in people and operational excellence. More than 200 employees were trained in greenhouse gas inventory to strengthen ESG implementation at construction sites. The company rolled out safety and welfare programs for workers, recording over 46.5 million safe working hours across 56 projects and providing more than 14,000 free health check-ups for laborers. Between 2022 and 2025, Coteccons also planted over 33,000 native trees to help restore upstream forests.

Ho Chi Minh City, December 19, 2025 – After more than a year of construction, the “Thuy Van Coastal Road Beautification Project, Vung Tau City” – “the face” of Bai Sau Beach – with a total public investment of over VND 1,068 billion, has been officially inaugurated. This large-scale coastal infrastructure project carries strong symbolic significance in developing public spaces, enhancing quality of life, and promoting sustainable tourism. Amid the national drive to develop modern infrastructure, Coteccons (HOSE: CTD) has left a notable mark by undertaking Package No. 12, valued at VND 485 billion, comprising two key components: the renovation and upgrading of technical infrastructure along 3.2 kilometers of Thuy Van Road, and the construction of Thuy Van Park covering an area of approximately 19.21 hectares. The project’s completion ahead of major holidays such as Christmas, New Year, and Lunar New Year plays an important role in attracting tourists and stimulating the marine-based economy of Ho Chi Minh City. Leaders of Ho Chi Minh City and delegates cut the ribbon at the project inauguration ceremony The Ministry of Construction has announced the commencement and inauguration of 234 key projects nationwide, with a combined investment value exceeding VND 3.4 quadrillion, spanning infrastructure, transportation, urban renewal, and public space development. These projects highlight the strong acceleration of public investment across the country, serving as a critical driver of socio-economic growth. In this context, Coteccons views its participation in infrastructure and public investment projects not only as a business opportunity but also

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