“Urgent Board Meeting Held at SMC to Elect New Members to the Board of Directors and Supervisory Board”

The Ho Chi Minh City Stock Exchange-listed SMC Investment and Trading Joint Stock Company (HOSE: SMC) has released documents for its upcoming Extraordinary General Meeting of Shareholders, scheduled for the morning of September 25th.

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SMC, a well-known steel manufacturer and distributor in Southern Vietnam, has faced challenges since 2022 due to difficult-to-recover debts and a weak real estate market. As of the close of the August 27, 2025, trading session, SMC’s stock price was 71% lower than its peak nearly four years ago.

According to a document released on August 27, the Board of Directors will propose to the shareholders the election of two additional members to the Board of Directors and two members to the Supervisory Board for the 2021-2025 term.

List of candidates for SMC’s Board of Directors and Supervisory Board for the 2021-2025 term

Source: SMC’s Extraordinary General Meeting Documents

Mr. Pham Hoang Anh has a background in finance and has worked in investment banking at MBS Securities and OCB Bank. He is currently the Vice President at ConnectLog Vietnam, a company specializing in cold storage.

Mr. Hoang Trung Dung is the Vice Chairman of Haiduong Road and Bridge Joint Stock Company and also the Head of Investment Advisory at Bao Viet Securities.

The candidates for the Supervisory Board include Mr. Nguyen Quang Trung, CEO of ConnectLong Vietnam, and Ms. Thai Thi Van Anh, Director of KTC Audit Company.

SMC shareholders can submit additional nominations and applications to the Company before 4:00 PM on September 20, 2025.

Thừa Vân

– 6:00 PM, August 27, 2025

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