External broker reports(aggregated public sources), Rong Viet Securities

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Equity Bottom-Up

<ul><li>MWG’s Q2-2026 results beat our estimates by 15%, with net revenue of VND 48,751 bn (+29.5% YoY) and NPAT-MI of VND 3,303 bn (+100.4% YoY), driven by strong margin expansion across both key chains.</li><li>Benefiting from a low-cost inventory advantage, TGDD &amp; DMX margins were lifted by higher selling prices amid the global ICT demand shock (RAM and chip shortages).</li><li>Meanwhile, BHX delivered better-than-expected margin expansion as it penetrated deeper into rural Northern and Central Vietnam with smaller-format stores focused primarily on dry goods (higher margins than fresh produce).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

MWG’s Q2-2026 results beat our estimates by 15%, with net revenue of VND 48,751 bn (+29.5% YoY) and NPAT-MI of VND 3,303 bn (+100.4% YoY), driven by strong margin expansion across both key chains.Benefiting from a low-cost inventory advantage, TGDD &amp; DMX margins were lifted by higher selling prices amid the global ICT demand shock (RAM and chip shortages).Meanwhile, BHX delivered better-than-expected margin expansion as it penetrated deeper into rural Northern and Central Vietnam with smaller-format stores focused primarily on dry goods (higher margins than fresh produce).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

MWG - “Roses” paved the way for a record-breaking profit milestone

<ul><li>MWG’s Q2-2026 results beat our estimates by 15%, with net revenue of VND 48,751 bn (+29.5% YoY) and NPAT-MI of VND 3,303 bn (+100.4% YoY), driven by strong margin expansion across both key chains.</li><li>Benefiting from a low-cost inventory advantage, TGDD &amp; DMX margins were lifted by higher selling prices amid the global ICT demand shock (RAM and chip shortages).</li><li>Meanwhile, BHX delivered better-than-expected margin expansion as it penetrated deeper into rural Northern and Central Vietnam with smaller-format stores focused primarily on dry goods (higher margins than fresh produce). </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

MWG’s Q2-2026 results beat our estimates by 15%, with net revenue of VND 48,751 bn (+29.5% YoY) and NPAT-MI of VND 3,303 bn (+100.4% YoY), driven by strong margin expansion across both key chains.Benefiting from a low-cost inventory advantage, TGDD &amp; DMX margins were lifted by higher selling prices amid the global ICT demand shock (RAM and chip shortages).Meanwhile, BHX delivered better-than-expected margin expansion as it penetrated deeper into rural Northern and Central Vietnam with smaller-format stores focused primarily on dry goods (higher margins than fresh produce). Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

MWG - “Roses” Paved the Way Fora Record-Breaking Annual Profitilestone

External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Mirae Asset Securities Co.,Ltd. provides comprehensive wealth management services. The Company offers fixed income securities brokerage, securities dealing, equity underwriting, and other services. Mirae Asset Securities also deals with mergers and acquisitions, foreign currency, and financial derivatives

<ul><li>MWG recorded strong results in 1H26, with revenue and net profit increasing 29.1% and 88.4% YoY, respectively, on solid growth across both ICT-CE and Bach Hoa Xanh (BHX).</li><li>In detail: • DMX accounted for most of the earnings growth.</li><li>Revenue increased 27.4% YoY, while gross margin rose to 19.8% (+2.2ppts YoY), mainly due to a higher contribution from high-value products, supported by financing programs. </li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

MWG recorded strong results in 1H26, with revenue and net profit increasing 29.1% and 88.4% YoY, respectively, on solid growth across both ICT-CE and Bach Hoa Xanh (BHX).In detail: • DMX accounted for most of the earnings growth.Revenue increased 27.4% YoY, while gross margin rose to 19.8% (+2.2ppts YoY), mainly due to a higher contribution from high-value products, supported by financing programs. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Mobile World Investment Corporation (MWG VN) - Entering Cruised Phase (With Predictable Turbulence)

Thematic (Sector/Industry)

<ul><li>On Oct 19, the Ho Chi Minh City Stock Exchange (HSX) will officially announce the results of the semi-annual review of the VNDiamond Index, with the revised basket taking effect on Nov 02, 2026.</li><li>Accordingly, Oct 30 will be the final trading day for ETFs tracking the index to complete their portfolio rebalancing.</li><li>In this review, KDH – previously placed on the watchlist for removal, due to its failure to satisfy the minimum foreign holding threshold of 65% (Section 3.7) – may be completely removed from the index, as it continues to fall short of this requirement.</li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

On Oct 19, the Ho Chi Minh City Stock Exchange (HSX) will officially announce the results of the semi-annual review of the VNDiamond Index, with the revised basket taking effect on Nov 02, 2026.Accordingly, Oct 30 will be the final trading day for ETFs tracking the index to complete their portfolio rebalancing.In this review, KDH – previously placed on the watchlist for removal, due to its failure to satisfy the minimum foreign holding threshold of 65% (Section 3.7) – may be completely removed from the index, as it continues to fall short of this requirement.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

<ul><li>MWG’s Q1-2026 results significantly exceeded analyst expectations by 15%, with net revenue reaching VND 46,462 bn (+28.6% YoY) and NPAT-MI of VND 2,715 bn (+75.6% YoY).</li><li>The outperformance was primarily driven by strong margin expansion across both core chains.</li><li>TGDD &amp; DMX benefited from low-cost inventory, enabling them to achieve higher selling prices amid global RAM and chip shortages. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

MWG’s Q1-2026 results significantly exceeded analyst expectations by 15%, with net revenue reaching VND 46,462 bn (+28.6% YoY) and NPAT-MI of VND 2,715 bn (+75.6% YoY).The outperformance was primarily driven by strong margin expansion across both core chains.TGDD &amp; DMX benefited from low-cost inventory, enabling them to achieve higher selling prices amid global RAM and chip shortages. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

MWG - On Track to Set Another Record Quarterly Profit

Vietnam

Mobile World Investment Corporation is a Vietnamese publicly listed retailer specializing in mobile devices, consumer electronics, and household appliances through its Thegioididong.com and Dien May Xanh chains. The company also operates the grocery chain Bach Hoa Xanh and An Khang pharmacies. Mobile World Investment Corporation was founded in 2004 and is headquartered in Thu Dau Mot, Vietnam.

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Mobile World (MWG VN)

MWG - “Roses” paved the way for a record-breaking profit milestone

MWG’s Q2-2026 results beat our estimates by 15%, with net revenue of VND 48,751 bn (+29.5% YoY) and NPAT-MI of VND 3,303 bn (+100.4% YoY)...

Rong Viet Securities

MWG - “Roses” Paved the Way Fora Record-Breaking Annual Profitilestone

MWG’s Q2-2026 results beat our estimates by 15%, with net revenue of VND 48,751 bn (+29.5% YoY) and NPAT-MI of VND 3,303 bn (+100.4% YoY)

Rong Viet Securities

Mobile World Investment Corporation (MWG VN) - Entering Cruised Phase (With Predictable Turbulence)

MWG recorded strong results in 1H26, with revenue and net profit increasing 29.1% and 88.4% YoY, respectively, on solid growth across both ICT-CE...

Mirae Asset Securities

Forecast – HoSE Indexes review in 4Q26

On Oct 19, the Ho Chi Minh City Stock Exchange (HSX) will officially announce the results of the semi-annual review of the VNDiamond Index, with...

Mirae Asset Securities

MWG - On Track to Set Another Record Quarterly Profit

MWG’s Q1-2026 results significantly exceeded analyst expectations by 15%, with net revenue reaching VND 46,462 bn (+28.6% YoY) and NPAT-MI of VND...

Rong Viet Securities

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