August 2019

SSI SECURITIES CORPORATIONCorporate Presentation

CORPORATE OVERVIEW

SSI SECURITIES CORPORATION

EstablishmentCharter CapitalListing

Current Market CapSubsidiary

Dec 1999VND 5,100.64 billion (~ USD 211.7 million) HNX in Dec 2006, switched to HOSE in Oct 2007Bloomberg ticker: SSI VN VND 11,889 billion (~ USD 520 million)SSI Asset Management Co. Ltd. (100% owned by SSI)

Securities Services Investment Banking Treasury

Equity Fixed Income instruments

Brokerage Custody

Structured Financial Products

Research & Advisory

Equity Fixed Income instruments

Equitization/ IPO

Listing

Capital Restructuring

& Raising

Under-writing

Private & Public

Offering

M&A

Active Investment

PassiveInvestment

Principal Investment

2

Treasury Fund Management

AccountManagement

Value-added services coordinating with Securities

Services and Treasury

Asset Management

MARKET LEADING POSITION

3

Market ShareLargest brokerage

marketshare in consecutive

5 years

Total Assets ranked 1st among

peers

FY2018 – USD 1

bi l l ion ~ twice as

large as the second

largest company

Total Equityranked 1st among

peers

FY2018 – USD 370

mil lion ~ three times

as large as the second

largest company

VN30 listThe only securit ies

brokerage firm

selected in top 30

companies in the stock

market

Awards Best Securit ies House

in VN by Asiamoney

Best Investment Bank

in VN by Finance Asia

Asset Management

company of the year

by The Asset

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MILESTONES

2014-2017 2018 - 2019

▪ 12/1999: SSI was establishedwith charter capital of VND 6billion with its head officebased in Ho Chi Minh City

▪ 07/2002: SSI established itsfirst branch in Hanoi,expanding its networks toNorthern areas.

2009-20132004-20081999-2003

▪ 08/2007: SSI AssetManagement (SSIAM), asubsidiary of SSI, wasfounded.

▪ 10/2007: SSI stock waslisted on HNX in 2006 thenswitched to HOSE

▪ 06/2008: Daiwa becameStrategic Shareholder of SSI

▪ 07/2009: SSIAM becamethe first company to have alicense to invest outside ofVietnam

▪ 03/2013: Charter capitalwas raised to VND 3,537billion

▪ 09/2015: SSI became thefirst company that officiallylift its limit of foreignownership up to 100%

▪ 05/2017: SSI was grantedwith securities trading licenseby SSC for trading derivativesand providing clearingservices and settlement ofderivatives trading

▪ 12/2018: Company’s name changed to SSI Securities Corporation

▪ 01/2019: Charter capital was raised to VND 5,100.6 billion

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Ticker: SSI

Exchange: HOSE

Market capitalization: (as of 31 July 2019)

VND11,889 billion

Number of common share: 510,063,684

Number of outstanding share:

509,170,274

52-week high: VND33,600

52-week low: VND23,200

EPS: VND2,168

STOCK INFORMATION

Stock price & Trading volume

Shareholder structure

6

VND 3,997 billion

Up 31% YoY

2018 HIGHLIGHTS

Consolidated Revenue

Total Asset VND 23,825.6 billion

Up 27% YoY

Client 153,000 accounts

Up 16% YoY

Company Size 1,026 emloyees

at 14 locations

FINANCIAL POSITION

Unit: billion VND

7

43%

21%

33%

1% 2%

1H2019 Consolidated Revenue Structure

Securities Services Principal Investment Treasury

SSI AM IB and Others

SECURITIES SERVICES

2018 HighlightsNo.1 in terms of brokerage market share for consecutive 5 years

Impressive growth: revenue up 42.6% YoY, profit up16.2% YoY

Margin balance size topped the market – highest level reached over

US$350 million

StrategyDiversify product offerings to tailor for all customer segments

Invest in innovative technology & solutions

Expand retail distribution. Improve broker performance through coaching as

well as performance management programs

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Brokerage market share (HOSE & HNX) Number of New Accounts

-

5,000

10,000

15,000

20,000

25,000

30,000

35,000

2012 2013 2014 2015 2016 2017 2018

Institutional

Retail

28,634

12.96%

0%

5%

10%

15%

20%

25%

1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19

SSI

HSC

VND

VCSC

SHS

MBS

SECURITIES SERVICES

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▪ Top 3 best traders in Vietnam(#1,#2,#3) 5 years in a row –voted by internaiotnal investors▪ Biggest trading team of themarket with 12 dealers▪ The most experienced tradingteam since Vietnam market opened▪ Diversified execution channels:BBG, iFix, DMA...

▪ Top 3 best sales reps in Vietnam(#1,#2,#3) 5 years in a row –voted by international investors

▪ Dedicated sales team with in-depth local knowledge and wideoffshore network.

▪ In charge of landmark IPO andM&A deals in the history ofVietnam: HDB ($280M), VRE($700M), VHM ($1.6B).

▪ Host sector & industry-focusedevents & arrange:

✓ More than 500 corporate meetingsper year

✓ Monthly themed sector tours✓ Yearly investor seminars✓ Onshore/offshore roadshows for

corporates in top financial markets▪ Maintain the largest network with

onshore/offshore investors andcorporates with 500 corporates,covers 90% of total market cap.

EQUITY TRADING INSTITUTIONAL SALES CORPORATE ACCESS

Leading Institutional Brokerage Team

SECURITIES SERVICES

Institutional Client Services

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Full coverage of all big IPOs, 70 companies - equal to 70% total

market cap

Watch over 100 listed and OTC companies

Large research team with in-depth local knowledge

➢ Close ties with local firms, local experts and the Government

Bodies

➢ Strict compliance with CFA code of ethics

➢ Broad industry coverage

Transportation Oil & Gas IT Electricity

Infrastructure

Consumer Goods & Services

Real Estate Pharmaceutical

Fisheries

Fertilizer

SteelFixed income & Banking

70%

SECURITIES SERVICES

Major Awards

11

2013 – 2018

#1 “Best Execution in Vietnam”

#1 “Best Local Brokerage in Vietnam”

#1 “Best for Overall Country Research in Vietnam”

2018 Highlights#1 “Best Sales Trader”

#1 “Best Sales Person”

#1 “Best Overall Sales Services”

#1 “Best for Roadshows & Company Visits”

#1 “Best for Events and/or Conferences”

#1 “Best Domestic Investment Bank”

#1 “Best Domestic Equity House”

#1 “Most improved brokerage over the last 12 months”

#1 “Most Independent Research Brokerage”

2015 – 2018 “Best Institutional Broker in Vietnam”

2019“Best Retail Broker in Vietnam”

2008 – 2011, 2014 – 2016, 2019“Best Broker in Vietnam”

INVESTMENT BANKING

SSI provide investment banking services as following:

Equitization/ IPO

Listing advisory

Capital raising services (ECM / DCM)

Financial Restructuring

Mergers & Acquisitions (M&A)

Business Valuation

Strategy: Strive to maintain the market leader position through:

Focus on providing full solution services

Corporate financial restructuring

Cross border M&A

Capital raising – equity growth capital

Capital raising – debt advisory

M&A

International Partners Major Clients

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Major deals

13

INVESTMENT BANKING

Tienphong Commercial JS Bank (TPB)

Deal size: USD 94 milPrivate placement & listing

No Va Land Investment Group Corporation (NVL)

Deal size: USD 120 milPrivate Offering

The PAN Group (PAN)

Deal size: USD 35 milPrivate Placement

VinHomes (VHM)

Deal size: USD 1.35 bilSecondary offering & listing

Vietnam National Petroleum Group (PLX)

Deal size: USD 48 milTreasury share offering

HDBank(HDB)

Deal size: USD 300 milShare offering

Vincom Retail(VRE)

Deal size: USD 742 milIPO

Vietnam Dairy Products JSC. (VNM)

Deal size: USD 400 milDivestment Advisory

INVESTMENT BANKING

2015, 2018, 2019 “Best ECM House in Vietnam”

2010, 2011, 2014, 2016, 2018, 2019 “Best Investment Bank”

2017 “Best Private Equity Deal in Asia Pacific “ for VRE deal

2011 – 2014 “Best Investment Bank”

2017 “Best Equity Advisor”

2017 “Best Regional Private Equity Deal “ for VRE deal

2018 “Best corporate and institutional adviser – Domestic”

2018 “Best IPO: Vinhomes US$1.35 billion IPO”

2012 – 2015 “The Member Securities Company with Best Consulting Service”

Major Awards

14

PRINCIPAL INVESTMENT

15

Strategy• Strong risk adjusted return

• Strong performance across investment strategies

• Focus more on value creation.

Revenue

Unit: Billion VND

735.39

861.98 933.98

1060.8 1092.9

0

200

400

600

800

1,000

1,200

2014 2015 2016 2017 2018

2018 Highlights• Investment value: VND 3,514 billion

(market price as of 31/12/2018)

• Successful divestments from some investments resulted in

expected profits

• Profit margin of passive portfolio surpassed VN-index

TREASURY

Strategy:

Keep the company’s capital intact & diversify its structure

Prudently and accurately manage the cash flow, guarantee the safety for investors’ asset, ensure liquidity for the whole system

Seek for investment opportunities in the Bond Market

Revenue

Unit: Billion VND

16

261.36 266.62

365.97

487.4

759.1

0

100

200

300

400

500

600

700

800

2014 2015 2016 2017 20180%

100%

200%

300%

400%

500%

600%

1 2 3 4 5 6 7 8 9 10 11 12

Financial safetyratio 2018

TREASURY

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Partnership with a large number of well-known financial institutions

SSI ASSET MANAGEMENT

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SSIAM

➢ 100%-owned by SSI Securities Corp. (SSI)

➢ Established firm with 10 years of experience in providing investment management services in Vietnam to foreign andlocal institutional and individual clients.

➢ Investment team of 15 highly competent fund managers and analysts on the ground with deep knowledge in localmarket and international experience in asset management.

SSI ASSET MANAGEMENT

SSIAM’s Total AUM

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Institutional Managed Account, 29%

Private Wealth Management, 5.1%

Data as of 31/07/2019

US$ 234.36 millionasset under

management

Fund Management,65.9%

SSI Asset Management (SSIAM) provides investment

management services and offers investment products

primarily through separately managed accounts, mutual

funds, and private equity funds to a diverse set of

institutional and individual clients

SSIAM also offers wealth advisory services, including

portfolio management and financial planning.

Strategy:

Diversify investment products to serve a broader client

base

Provide customized financial investment solutions to

institutional and high net worth clients

154.33

68.05

11.98

SSI ASSET MANAGEMENT

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SSI Sustainable Competitive Advantage Fund (SSI-SCA)

SSIAM VNX50 ETF Andbanc Investments SIF - Vietnam Active Value Portfolio (as of 31 Jul)

SSI Bond Fund (SSI-BF)

80

100

120

140

160

180

200

220

09/2014 07/2015 05/2016 03/2017 01/2018 11/2018

VN-Index SSI-SCA

07/2019

82.71%

99

101

103

105

107

109

111

113

115

08/2017 12/2017 04/2018 08/2018 12/2018 04/2019 07/2019

14.71%

70

100

130

160

11-2014 11-2015 11-2016 11-2017 11-2018

NAV/CCQ Trading Index

07-2019

Share Class/Index NAV/ShareReturn (%) –calculated in USD

MTD YTD Since Inception*

A1 (USD) 111.79 -2.45% -2.00% 11.79%

A1D (USD)* 103.37 -2.45% -2.00% 3.37%

B1 (GBP) 132.6 1.41% 1.95% 32.60%

B1D (GBP)* 122.64 1.41% 1.95% 22.64%

C1 (EUR) 109.28 -0.23% 0.63% 9.28%

VN-Index 4.78% 10.96% 69.42%

SSI ASSET MANAGEMENT

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2015 – 2016 – 2017 – 2018 “Best Fund Management Company”

2014 - 2015“Best Investment Management Company”

Major Awards

2012 & 2014 – 2016 – 2017 – 2018 “Best Fund Management Company”

2012 – 2016 “CEO of the year” to Ms. Le Le Hang – CEO (SSIAM)

2012, 2013, 2016“Best Fund Management Company”

OUR FOCUS

Exceptional Client Franchise

Operating With Principles

Maximizing Long-termShareholder’s Values

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EXCEPTIONAL CLIENT FRANCHISE

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OPERATING WITH PRINCIPLES

Strong Capital & Liquidity

Risk Control & Management

Commitment to expense control

VND 7,981 bil

VND 5,192 bil

300%

8.9%

2013 2018

Significantly Improved Financial

Profile

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VND 23,825.6 bil

VND 9,155.6 bil

480%

14.23%

Total Asset

Equity

Financial Safety

ROE

SUSTAINABILITY & RESPONSIBILITY

To achieve our financial targets and create value for Our Clients, Investors, Partners, and Society we focus on:

Clients, Culture, Employees, Partners, Capital & Risk Management, Corporate Responsibility

Culture

Employees

PartnersCapital &

Risk Management

CorporateResponsibility

Clients

Always put our clients’ need first. Beingconsistent and reliable long-term partners.We continuously enhance customers’satisfaction by providing best qualityproducts/ services that meet specific demandand deliver optimal outcome.

“We strive to better the communities in whichwe work”

SSI builds a comprehensive risk managementsystem including human resources, riskmanagement processes and supporting toolsthat aims to reduce the negative impacts oncash flow and profit of the Company

SSI developed a unique corporate culture:where we focus on transparency and long-term value. Encouraging the team to beinnovative and deliver best in classservices.

Employees are treated as the most valuableasset of the company. We continue toattract, develop, and retain talents

We always focus on developing &maintaining long-term partnership in order togrowth together. Partnership & Valuecreation differentiate us apart

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OUR PEOPLE

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NGUYEN DUY HUNG (Mr.)Founder, Chairman cum CEO

With decades of experience in securities andinvestment industry, Mr. Hung is a nationallyrecognized business leader and pioneer in Vietnam.He is also the founder and Chairman of The PANGroup, the top regional agricultural and food company.Mr. Hung holds a Bachelor’s degree from Hanoi LawUniversity and a Bachelor’s in Economics from theUniversity of Ho Chi Minh.

NGUYEN HONG NAM (Mr.)BOD Member cum Deputy CEO

Mr. Nam has been a successful leader in many businessareas. Mr. Nam received his master degree from Lugansk –Ukraine University

NGUYEN THI THANH HA (Ms.)CFO

Ms. Ha has over 10-year working experience intreasury and credit areas for international organizationsin Vietnam such as the branch of ING Baring and VIDPublic bank.She holds her master degree in Banking and Financefrom Vietnam National Economics University.

DOAN NGOC LY LY (Ms.)COO

Ms. Ly joined SSI in 2010 and was promoted to COOsince 2015. She has made a huge contribution to theoverall improvement of SSI system.Ms. Ly graduated from Benedictine University, with a Master Degree of Human Resources Management/Personnel Administration.

OUR PEOPLE

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NGUYEN DUY LINH (Mr.)Deputy Managing Director, Retail Brokerage

Mr. Linh has over 10 years in securities market and a widerange of financial knowledge.He holds a BA from Banking University in Viet Nam and MBAof Solvey Business in Brussels.

NGUYEN DUC HUNG LINH (Mr.)Director, Head of Retail Research & InvestmentAdvisory, Retail Brokerage

Mr. Linh has experienced in various fields. Prior tojoining SSI, he worked for British Petroleum Singaporeas Market analyst and for M/s Mark & Dennis as legalexecutive.He holds MBA Degree in Nanyang TechnologicalUniversity - NTU (Singapore), and Bachelor’s degree inLaw issued by Hanoi University of Laws.

BUI THE TAN (Mr.)Managing Director, Retail Brokerage

Mr. Tan has broad knowledge on banking and stockexchange. He is one of the first few people earnedsecurities trading license in Vietnam.He holds a BA in Finance & Banking.

DO THI THANH THUY (Ms.)Deputy Managing Director, Retail Brokerage

Prior to working for SSI, Ms. Thuy has more than 7 years ofexperience working in rsearch and business development.She has played many important roles in financial institutionssuch as Asia Commercial Bank, Thang Long Securities.

Ms. Thuy holds Masters degree from the University of Paris I- Panthéon- Sorbonne.

OUR PEOPLE

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CAO THI NGOC QUYNH (Ms.)Deputy Managing Director, Institutional Brokerage

Ms. Quynh joined SSI since 2016 with 5+ yearexperience working with 200+ global institutional fundsand 400+ Vietnamese corporates.She graduated from Goteborg University, Sweden with aMaster degree in International Business and Trade.

MAI HOANG KHANH MINH (Mr.)Managing Director, Institutional Brokerage

Mr. Minh has a broad knowledge and is well-educated in finance and banking.He holds Master degree in Applicable Finance ofMonash University, Australia

HOANG VIET PHUONG (Ms.)Deputy Managing Director, Institutional Brokerage

During 2013-2017, Ms. Phuong was named BestCountry Analyst and Best Strategist – Vietnam.

After graduation from Hanoi Foreign TradeUniversity, Ms She obtained the MSc InformationManagement and Finance from University ofWestminster, UK.

MICHAEL JOSEPH LYNCH (Mr.)Managing Director, Institutional Brokerage

Mr Michael Joseph Lynch has been appointed asManaging Director – Institutional Brokerage at SSI since09/2018.Before joining SSI, Mr Michael had 20+ years ofexperience in sales and played many important roles inbig institutions such as CLSA, Morgan Stanley and CIMB.

OUR PEOPLE

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NGUYEN VU THUY HUONG (Ms.)Managing Director, Treasury/ Principal Investment

Ms. Huong has more than 15 years of workingexperience in Vietnamese capital market from itsestablishment, participating in equitization projects,listing consultancy, large-scale restructuring in a numberof industries.With her strong knowledge in treasury field as well asdeep understanding of the legal framework, Ms. Huongalways strives to research, innovate and collaborate withother business units to develop pioneer structuredproducts. Under her management, the asset of SSI andclients also has been managed greatly under thepressure of capital needs of the company as well asrequirement on financial support from the stock market.Ms. Huong holds a Master’s Degree in CorporateFinance from the National Economics University and aMaster’s Degree in Applied Finance from MacquarieUniversity, Australia.

NGUYEN NGOC ANH (Ms.)Managing Director, Investment Banking

Ms. Anh has substantial experience and knowledgeof investment projects valuation and other aspects ofcorporate finance. She has participated in a numberof equity and debt capital markets transactions forleading companies.She holds a master degree in finance at theUniversity of Wollongong in 2004 and an MBA fromthe University of North Alabama in 2012.

OUR PEOPLE

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TO THUY LINH (Ms.)COO, SSI Asset Management

Ms. Linh is in charge of Business Development, ProductDevelopment, Operations, Legal and Compliance, HumanResources, and IT. Prior to that, she was Director ofProduct Development of SSIAM.She holds Bachelor of Commerce Degree, majoring inFinance and Accounting, from the University of Sydney,and Master of Commerce, majoring in Banking, from theUniversity of New South Wales, Australia. Ms. Linh isalso a member of Beta Gamma Sigma program, USA.

NGUYEN PHAN DUNG (Mr.)Deputy CEO, SSI Asset Management

Mr. Dung has many years of experiences in finance andinvestment. Prior to SSIAM in 2007, he worked with ABNAMRO, CBOT and InterCall in Chicago.He holds a BA in Economics from Knox College, and aMBA from Loyola University, USA.

LE THI LE HANG (Ms.)CEO, SSI Asset Management

Ms. Hang Le has many years of working experiencein SSI Asset Management and at W.P. Stewart, aNew York–based asset management firm. She hasbeen awarded as “CEO of the Year” in Vietnam byAsia Asset Management for five consecutive years2012 – 2016.She holds a Master in Finance and BA in Accountingfrom American University, USA

CONTACT SSI

INVESTOR RELATIONS

Address: 1C Ngo Quyen street, Hoan Kiem district, Ha Noi, Vietnam

Tel: +84 (24) 39366321

Fax: +84 (24) 39366311

Email: investorrelation@ssi.com.vn

Website: https://www.ssi.com.vn/en/investor-relation

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