Navigating Leadership Transitions at NRC

The National Regulatory Commission (NRC) has officially notified the Hanoi Stock Exchange (HNX) regarding significant changes in the senior leadership of the Corporation.

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NRC Corporation (Stock Code: NRC) has officially notified the Hanoi Stock Exchange (HNX) regarding significant changes in its leadership structure.

Effective October 25, 2025, Ms. Han Thi Quynh Thi has stepped down from her roles as a Board Member and Chairman of the Audit Committee, as per her personal request.

Subsequently, Ms. Thi has been appointed as Deputy General Director of the company, starting October 27, 2025.

Previously, the corporation received Ms. Thi’s resignation letter, where she mentioned her appointment as an Independent Board Member on April 25, 2023, followed by her role as Chairman of the Audit Committee on April 26, 2023.

To better align with the company’s strategic business direction and her personal career goals, Ms. Thi requested the approval of the General Meeting of Shareholders (GMS) and the Board of Directors (BOD) for her resignation as a Board Member of NRC Corporation.

In related news, Mr. Tran Dai Duong has been appointed as a Board Member and Chairman of the Audit Committee, effective October 27, 2025.

Additionally, the Extraordinary GMS of NRC approved the investment plan for The Welltone Luxury Residence project (located in Con Tan Lap, Xuong Huan Ward, Nha Trang City), as outlined in Proposal No. 13/2025/TT-HĐQT dated October 25, 2025, with a maximum investment value of 1,000 billion VND.

Shareholders also approved a transaction contract between NRC and VHR Investment Joint Stock Company (an affiliate of the company’s insider) with a maximum contract value of 1,000 billion VND.

Furthermore, the Extraordinary GMS approved a capital increase plan of nearly 926 billion VND through a private placement of shares to professional securities investors (limited to 20 investors).

Specifically, NRC plans to issue approximately 92.6 million shares at an offering price of 10,000 VND per share. The proceeds from this issuance are intended for the following purposes:

Source: NRC

The implementation is scheduled for Q4/2025 – Q2/2026, following the State Securities Commission’s (SSC) confirmation of receiving complete documentation from the company.

The shares will be subject to a one-year transfer restriction from the end of the offering period, except for transfers between professional securities investors or as per court rulings, arbitration decisions, or legal inheritance.

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