I.

OPERATING MODEL, ORGANIZATION STRUCTURE

- General meeting of shareholders: the supreme body with the highest competence of
Phu Tai JSC.
- Board of Directors (BOD): there are 08 members, including the Chairman, 01
Vice Chairman and 06 members of the Board of Directors (there are 02 independent
members of the Board of Directors)
- Board of Management (BOM): has 04 members, 01 General Director (General
Director) and 03 Deputy General Director (General Director) in charge of different
fields.
- The company agency has 03 professional departments: Planning - Business
Department, Finance - Accounting Department, Human Resources - Administration
Department; The Audit Committee, Internal Audit Board and Secretariat assist the
Board of Directors and the Board of Directors.

The company has 14 subsidiaries and 16 subsidiaries:

• Stone industry
 - 12 affiliated member units: Enterprise 380, Nhon Hoa Building Materials
Manufacturing Enterprise, Binh Dinh Paving Stone Processing Factory, Binh Dinh
Quarrying Enterprise, Long My Stone Processing Factory, Basalt and Granite
Processing Factory in Dak Nong Province,…
- 10 subsidiaries: Tuan Dat Mineral Co., Ltd., Phu Yen Building Materials Joint
Stock Company, Thanh Chau Phu Yen Granite Co., Ltd., Granite Production Company
Limited (Granida), Son Phat Trading & Production Co., Ltd.,…
• Wood industry:

- 02 affiliated member units: Thang Loi Enterprise, Ho Chi Minh City Branch.
- 03 subsidiaries: Phu Tai Dong Nai Co., Ltd., Vina G7 Joint Stock Company, Phu
Tai Binh Dinh Wood Co., Ltd.
• Automobile industry: 02 subsidiaries: Toyota Binh Dinh Co., Ltd., Toyota Da
Nang Co., Ltd.
• Real estate industry: 01 subsidiary: Phu Tai Real Estate Company Limited.

II. BUSSINESS PLAN

1. Characteristics of the situation:

- The company has gradually perfected the organizational model of the system
creating independence, autonomy, and transparency of responsibility in
management and operation of business activities.

- The epidemic in the world has not ended, especially the negative impact of the war
between Russia and Ukraine will adversely affect global trade. The forecast
indicates a continued unfavorable financial market trend, likely impacting the real
estate, stone industry, and the company's automobile demand."
- The declining recovery rate of quarries increases the cost of allocating resource
taxes and mine rights grants in cost, reducing the efficiency of the natural stone
industry. The cost of raw materials, fuels, materials, supplies and energy
maintained an upward
 trend, reducing production efficiency.
2. Targets of the business plan:

Revenue: VND 7,000 billion

Earnings before tax: VND 400 billion = 80% year over year.

• Implementation solution:
Stone industry:

• In-depth production restructuring, product portfolio diversification should be

combined with prioritizing all resources to be focused on investment and market
and customer development.
• Making investment to expand exploitation scale

• Further developing project market segment

Wood industry:

• Making investments to boost demand stimulus plans, subsequently

expanding new markets in addition to maintaining the traditional market size.
• Following the policy of focusing on in-depth development

• Concentrating resources to exploit the items

Automobile industry:
• Enhancing competitiveness through the implementation of appropriate and
flexible sales policies and improving service quality
Real estates:

• Further investing to develop and improve the quality of market activities in a

professional manner, catching up with the tastes of consumers.
• Speeding up the construction progress as planned.

• Expanding scale and seeking for partners to implement