Along with positive business results, 2024 also marks a turning point in LPBank's digital transformation journey. The successful deployment of the Core Banking T24 system - recognized as the fastest in Asia - not only upgrades the core technology platform but also paves the way for a series of modern digital financial services. Products such as LPBank Biz and keyless switchboard... have helped the Bank significantly enhance customer experience. This is an important premise for LPBank to consolidate its position in the era of comprehensive digitalization of the financial industry.

The congress also approved the 2025 business plan with many ambitious growth targets. Total assets are expected to reach VND 525,890 billion, up 3.5% over the same period, pre-tax profit is targeted at VND 14,868 billion, corresponding to a growth rate of 22.2% compared to the actual achievement in 2024.

Regarding the medium and long-term strategy, Mr. Ho Nam Tien - Standing Vice Chairman of the Board of Directors - said that LPBank aims to become the leading retail bank in rural and urban areas of type 2, and at the same time be in the Top 5 in priority banking services in large cities. For rural areas, LPBank aims to provide financial products and services that meet the needs of customers in these areas, contributing to promoting socio-economic development. In urban areas, the Bank focuses on improving its competitiveness to become one of the top choices of customers with high-quality and diverse services.

Another strategic content also approved by the Congress is the establishment of the LLC. A clear strategy, consistent message and impressive results are the highlights of the 2025 Annual General Meeting of Shareholders (AGM) of Loc Phat Bank (LPBank), which took place in an open but no less fierce atmosphere. Witnessing the determination of the Bank's Board of Directors, especially the frank, concise and hopeful sharing from Mr. Nguyen Duc Thuy - Chairman of the Board of Directors.

The Board of Directors' report at the General Meeting showed that LPBank had a breakthrough year in 2024 in many aspects. Notably, the Bank's profit grew significantly compared to the growth rate of total assets and credit, clearly reflecting the quality of sustainable growth. Operating expenses were

LPBank Asset Management and Exploitation Company (LPBank AMC). According to Mr. Bui Thai Ha - Vice Chairman of the Board of Directors, AMC will play an important role in handling bad debts, and at the same time become a flexible tool to exploit assets and enhance the financial capacity of the bank. "AMC is not only a tool to reduce the burden on the Bank but also a strategic lever to help LPBank strengthen its competitive position and expand its operations in the long term", Mr. Ha emphasized.

LPBank's dividend policy has always been one of the factors that attracts special attention from shareholders, and at the 2025 Annual General Meeting of Shareholders, this policy continues to affirm the Bank's efforts in sharing business results with shareholders. According to the resolution passed at the General Meeting, LPBank will pay cash dividends at 25% - one of the highest rates on the market today.

This is not only a worthy reward for the shareholders' support over the past time, but also a demonstration of LPBank's effective development strategy and strict financial management. This dividend policy also contributes to building strong confidence for investors, especially in the context of the banking industry continuing to face fluctuations in the economic and social environment.

Mr. Nguyen Duc Thuy - Chairman of the Board of Directors - affirmed: “LPBank always wants to bring maximum benefits to customers, shareholders and partners. We want to pay the highest annual dividend possible. However, due to the unpredictable developments of the world and Vietnam's economic situation, we will submit to the General Meeting of Shareholders to pay dividends based on actual annual business results. The Board of Directors also hopes that customers, shareholders and partners will continue to support and accompany the Bank to complete all set goals, as a basis for dividend payment.”

With attractive dividends and a sustainable development strategy, LPBank not only strengthens the trust of current shareholders but also opens up opportunities to attract new investors, thereby creating more momentum for the Bank's development in the coming years.

With a clear strategy, consistent message and ambitious goals, LPBank is affirming its position as one of the leading banks, not only in terms of business efficiency but also in terms of strategic vision in the digital age. With a modern technology platform, an expanding network and a customer-centric strategy, LPBank is firmly on the journey to become a leading retail bank, providing optimal financial solutions, accompanying the sustainable development of customers, partners, shareholders and the community.

LBP