Go for excellence – building the foundation for IMV’s future

Dear Management Team and IMV Colleagues,

As we conclude our review of 2025, I would like to sincerely thank everyone for your dedication and effort over the past year. What IMV has achieved in 2025 represents a major step forward in our transformation journey.

Since my visit to Ho Chi Minh City six months ago, I have seen real, visible, and measurable improvements across the company. These improvements did not happen overnight, and they did not happen by accident. They are the result of discipline, execution, and teamwork from all levels of the organization.

We began with the fundamentals. By implementing 6S, we established cleanliness, order, and discipline as the basic foundation of our workplace. Today, our office reflects international standards. Visitors praise our environment, employees work in a clean and professional setting, and IMV’s corporate image has been significantly enhanced.

We then strengthened our management discipline by introducing a reward and punishment policy. This created fairness, accountability, and motivation, encouraging employees to focus on performance, responsibility, and results.

To improve communication and knowledge sharing, we launched the IMV internal home page. This platform allows employees to access information quickly and share what they have learned, discovered, and achieved. It supports transparency, learning culture, and engagement across the company.

Externally, we upgraded the IMV website, improving design and content to strengthen our branding. With regular updates planned every six months, IMV will continue to present a modern, professional, and dynamic image to the market.

From an organizational perspective, we made an important strategic move by separating the office leasing and maintenance functions and establishing the Asset & Business Development (ABD). This division maximizes asset utilization, improves maintenance services, and actively seeks new business opportunities. At the same time, we clearly defined IMV’s short-term and long-term goals, mission, and vision, aiming to become one of the top 50 group companies in Vietnam within 20 years.

To ensure sustainable execution, we prepared for the full implementation of KPI and SOP in 2026. Every employee and every division will clearly understand their responsibilities, performance expectations, and work standards. This is how we standardize the system and reduce dependency on individuals.

We also pushed forward office automation and AI adoption, replacing manual work with smarter, faster, and more accurate processes.

On the financial and operational control side, we began implementing SAP B1 software enabling transparent and timely reporting of profit and loss, as well as sales performance – from salesman to division and customer level. Starting in 2026, these reports will be available within one day after month-end, supporting faster and better decision-making.

In human resources, we fully utilized our HR systems to produce monthly workforce reports and talent analysis. We also planned the recruitment of new university graduates to build a strong talent pipeline and gradually replace underperforming or toxic employees.

Looking ahead, we made clear structural plans for 2026. The factory will become an independent profit center, and warehousing will gradually develop into a logistics company, supported by better logistics software. These steps will turn IMV into a group with multiple business pillars.

To support people development and consistency, we also completed a new employee onboarding manual, ensuring faster integration, clearer expectations, and stronger alignment with IMV culture and systems.

In addition, we invested directly in employee welfare. The M Floor renovation design has been completed and will be finished in July this year, this project aims to provide a better, cleaner, and more comfortable eating environment, improve employee benefits, strengthen employer branding, and encourage our people to deliver quality work with pride.

Finally, as we move into 2026, we have defined a clear cultural direction for IMV. Our company slogan for 2026 is:

“For Excellence”

This slogan represents our expectation that everything we do – every task, every process, every decision – should be done with excellence. We want excellence in attitude, execution, quality, and results. This mindset will define IMV’s culture and differentiate us in the years ahead.

Colleagues,

2025 was not just a year of improvement – it was a year of foundation building. The transformation of IMV has begun, but this is only the beginning.

With discipline, systems, technology, strong people, and a shared commitment For Excellence, I am confident that IMV will continue to grow stronger and move steadily toward its long-term vision.

Thank you all for your hard work, dedication, and belief in IMV’s future.

Wishing everyone a Happy Lunar New Year in advance!

Best regards,

Chairman.