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ContentVision and mission

5 core values of TH Group

Message of the Founder

TH’s True Story

TH Group’s revolutions

TH Group’s milestones

Development Path for Agriculture in Viet Nam

Investment projects

Prizes and Certificates

Government’s supports

International supports

TH - For Vietnamese Stature

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Vision and MissionTH GROUP - A PATRIOTIC BUSINESS CORPORATION

Defining the Group’s interests in line with the country’s. Not aiming at maximizing profits but harmonizing interests.

Human are the masters of society as well as the driving force for the growth of each country, to which individuals’ intellectual, physical and spiritual wellbeing is critical. A country is reinforced only when its people are both physically and mentally developed. The development is brought about by many prerequisite factors, not limited to the essential nutrients found in rice, food and dairy products, but also sustainable health care regime. The investment into physical and mental stature makes great contribution to the improvement of people’s stature as well as the strategic sustainability of the nation.

TH Group’s investment projects are focused on the application of high technologies integrated with management science to produce agricultural products of high quality and productivity, for the sake of sustainable development and human health.

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From a desire to rise above

To a noble mission

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5 core values of TH Group

For “True Happiness”

For Public Health

Environmentally Friendly

Innovative thinking and harmony of interests

Truly Natural

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Mrs. Thai Huong has been well-known as a determined and kind woman who has successfully launched TH brand “True Happiness” based on the core value of “For Public Health”.

Mrs. Thai Huong is the trailblazer of Vietnam’s organic and clean agriculture. She is highly appreciated as the woman who started a revolution in Vietnamese agriculture by finding “the golden key” applying cutting-edge technologies in all aspects of her business. In 2008, she started a dairy farming and production project with a herd of 45,000 heads and this has been certified as the biggest high-tech dairy farm in Asia by the Asia Book of Record.

During the visit to Vietnam and TH in 2011, Israeli former President, H.E. Mr. Shimon Peres asserted that: “She (Mrs. Thai Huong) has inspired a milk revolution in Vietnam”. The US-based magazine Forbes has named her one of Asia’s most powerful businesswomen for several consecutive years for her contribution to dramatically changing the situation of Vietnam’s dairy industry. She is also the only businesswoman from Vietnam to be granted the Outstanding Award for Contribution to the Community in UAE’S Dubai, and the Award of Global Trade Ambassador (US) and Asia Responsible Enterprise Award. TH true MILK-branded products have been honored with many domestic Golden Awards and international prizes in the recent years.

In addition to dairies, under the leadership of Mrs. Thai Huong, many other projects for safe and natural, organic products or best health care services and education have been fruitfully carried out by TH Group. Mrs. Thai Huong always has a vision to help Vietnamese agriculture go global with world-class standards.

Mrs. Thai HuongThe Founder of TH Group

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Message of the FounderI was born in a typical Vietnamese family, in a land of great pride: the homeland of our Great President Ho Chi Minh. My father was a teacher who joined the patriotic war upon the call of the country. My mother and her children took care of each other, doing farm works together, and that was how we got through the hardships. Maybe those difficult times made my dignity and personality appurtenant to a noble mission. I always feel that I had a beautiful childhood. Those days did nurture my dreams and the burning ambition in my soul. I have been always happy with that.

Time has passed by, offering me more and more experiences about the world around which has great impact on my feelings and take wings for me to realize my dreams: “Make our people to be proud of their homeland”. Days by days, I have also seen the increasing prevalence of unsafe foods, cold-heartedness and greed. The incident that hit me to a daring decision was the 2008 Chinese milk scandal, in which melamine contaminated milk might have caused kidney damage to millions of children. I felt like my heart bleeding learning about that through the news. The following morning, I convened the BOD’s urgent meeting and concluded to produce fresh milk right in my homeland.

That was how TH true Milk was born.

Entering a messy and fierce market with more than 500 different brands of nontransparent and confusing information, we chose to apply a Blue Ocean Strategy to define and position the brand of TH as “True Happiness”.

All our dreams became true. Our safe and organic products, our best health care services, our dreamy school and beautiful stories for the children, all have been created to serve the community. We will take Vietnam’s agriculture to the world with strictest international standards. In order to make a brand everlasting, once it is developed and positioned, it must be maintained with the consistency and determination despite of whatever circumstances, and humanism would enlighten and lead the way for the brand.

On this occasion, I would like to send all of you a message: “I am Thai Huong. I was born from the Land, the Water and the Wind. I am as gentle as the Land, but also as powerful as the Water and the Wind. We should treasure the Mother Nature, who give us everything.”

Mrs. Thai Huong’s speech at the Global Summit of Women (Tokyo, Japan, May 2017)

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TH’s True StoryAll stories have a beginning. For TH, the story started with a desire to soar above namely “Vietnamese Stature”.

A desire to pave a new way for a profound mission.

President Ho Chi Minh, throughout his life, emphasized the point of view that health is the most valuable property of the human beings; it is also the precondition for the development of everyone. Human beings are the masters of the society as well as the driving force for the growth of a country, so the mental and physical development of individuals is very important. Therefore, at TH, we have a strong faith that our investments for the health benefits and education services have contributed to the improvement of the country’s next generations; these are the strategic investments for the national growth.

Consequently, we are always motivated by the question “How to improve Vietnamese stature and help the country to take a place among the world’s developed countries?” Every Vietnamese has this ambition in his heart. At TH, the desire has become a huge motivation to forge us to pave a completely new way for an honorable mission for the sake of the people, the society and the country of Viet Nam.

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For a better future

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Excellent project planningTH understands that nutrition regime, particularly milk, plays the most important role in physical and intellectual development of human. In developed countries around the world, drinking milk has become a daily necessity and a long-standing cultural tradition. They also pursue the trend to be back to the nature, towards green, clean, organic and sustainable living lifestyle. Meanwhile, in Vietnam, only few children take milk every day. The access to fresh, safe and natural food is not available for all. That’s why the ambition to improve Vietnamese Stature has urged TH to make its investment into hi-tech agriculture, aquaculture and forestry, with an emphasis on a closed process that will ensure products’ premium quality. TH is committed to becoming a world-class manufacturer of clean food “completely from the nature”, starting with our dairy farming and clean milk production branded “TH true MILK”.

Professional and well-organized execution To successfully realize our ambition, it is necessary to have a strategic vision, a detailed work plan and excellent execution.TH Group has applied a self-constraint process according to the international standards to produce fresh milk under the brand of “TH true MILK”, in accordance with the Group’s slogan “Fresh and clean milk is the only way”. TH Group has been developing its retail outlets named TH true mart, which are equipped with the most modern facilities and the best cold-chain for product preservation and sales. These are the convenience stores where TH supplies its fresh, premium and natural dairy products, vegetables, medicine, beverages, functional food to consumers. The stores also offer for sales the international famous branded consumer goods which are completely made of natural materials. With profound mission and professional execution, TH Group accompany Vietnam in its journey of renovation and development, to bring about a brighter future and prosperity for the country and the next generations.

TH Group is proud to be recognized as the first one:• Placing the first corner stone for the fresh milk industry in Viet Nam.

• Being a pioneer to clarify the origins of the raw materials on the packaging - the most important element for product quality.

• Being the first brand to be licensed to declare “fresh and pure milk” on products’ labels

• Being a pioneer to submit proposal requesting transparency of the diary market. TH requested that:

- Enterprises to clearly state the raw material origins on product labels.

- Competent authorities to do market review, audit, investigation and classification on the dairy products offered and to strictly deal with law or regulation violations.

• Having TH school MILK product being the first product on Vietnam market to meet the standards and requirements of fresh milk under the Ministry of Health’s decision numbered 5450/QD-BYT. TH School MILK’s effectiveness in improving nutritional status of children was certified by the Ministry of Health.

• Being the pioneer in the development of organic milk in Vietnam; being the first and only Vietnamese milk producer that has its dairy cows switched to organic farming.

• Being the first milk producer in Vietnam to successfully conduct breeding for A2 cows to produce A2 fresh milk and yogurt.

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TH Group’s revolutionsThe Fresh milk revolution

With the pioneering of TH Group, products made from fresh milk in Vietnam increased rapidly. There has been a shift in consumption, from milk powder (many nutrients lost through two heat treatments) to fresh milk (the natural nutrients are maintained). TH’s fight for the transparency of Vietnam’s dairy market has prompted other enterprises to compete in quality and dairy farming, which has resulted in the increase of fresh milk market-share to 39% by 2018 from 8% in 2008.

The Herbal revolution

TH Group is ranked among top 20% of companies in the world using natural herbs and fruits to produce beverages, contributing to changing the consumption habit from chemically synthesized beverages to natural ones.

The Nut milk revolution

The “TH true NUT” branded products are perfect combination of pure fresh milk and nutritional nuts and fruits. Products do not contain refined cane sugar but only natural sweetness from the date. This is to help adjust the consumption habit and taste of Vietnamese consumers who are regarded as consuming too much sugar. The date fruits provide natural sweetness with low fat content, which help in not causing sudden blood sugar increase and prevent non-communicable chronic diseases – the pandemic of the 21st century - such as cardiovascular, diabetes or obesity.

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TH SET THE GROUND FOR CLEAN AND FRESH MILK

INDUSTRY IN VIET NAM

TH accounts for over 40% of Vietnam fresh milk market share

JUSTIFYING THE CONSUMPTION HABIT, FROM HIGH SUGAR DRINKS TO FRUIT

SWEETNESS

JUSTIFYING THE CONSUMPTION HABITFROM CHEMOSYNTHETICS TO

COMPLETELY NATURAL DRINKS

THE HERBAL REVOLUTION

THE REVOLUTION OF NO-REFINED-SUGAR-ADDED NUT MILK

THE FRESH MILK REVOLUTION

2008 2018

92% 61%

Fresh milk Fresh milk

Powder/reconstituted

Milk

Powder/reconstituted

Milk

WILD

PASSION FIELD

CENTALLA FIEL

D

COCHIN

CHIN

ENSI

S) FI

ELD

GAC

(MO

MO

RDIC

A

“3 groups of revolutionary products introduced by TH have taken the lead for a new healthy consumption trend. The new things often have to face with skepticism and those who take lead have to deal with difficulties, but I always find happiness in breaking the ice because I know those are good products for the community.”

Mrs. Thai HuongThe Founder of TH Group

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Dairy international conference and launching of “Fortified UHT fresh milk” category

2012Launching of TOP KID Formula fresh milk for children aged 2-6

Launching of TH School Milk – fresh milk products for school children

2014

Inauguration of TH fresh milk plant (the 1st phase)

Launching of spoonable yogurt category - TH true Yogurt

2013

Opening the first TH true Mart

Launching the project “For Vietnamese Stature”

2011

Welcome “Moc”, the first heifer, to Vietnam

Welcome first lactation when “May”, the first calf, was born

Commercial launching for TH true MILK

2010

TH Group’s milestonesWith profound desire and ambition, TH Group took the first steps on the journey to realize their mission and vision.

Strengthened by an unrelenting faith in both the noble cause and the power of the solidarity, TH Group has strived for the society’s sustainable development and the happiness of people.

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Groundbreaking of hi-tech fruit processing and juice plant in Son La province

Inauguration of TH’s first dairy farm in Moscow region, Russian Federation

Launching premium nut-based milk TH true NUT

Launching fermented drink TH true MALT

Announcement on the successful classification and breeding of A2 dairy cows

Launching TH true ICE CREAM

2018

Announcement on the achievements of applying technology for high production dairy embryo

Launching UHT drinking yogurt TOPTEEN

Launching UHT TH true MILK Organic

Launching TH true Herbal drinks

Launching UHT TH true MILK TOPKID Organic

Groundbreaking of hi-tech dairy farming and production project in Ha Giang province.

Groundbreaking of hi-tech dairy farming and production project in Phu Yen province, Vietnam

2017

03 awards at Gulfood Dubai

18/5 Groundbreaking of the dairy complex in Moscow region - Russian Federation

October 18 Ground-breaking of the dairy complex in Kaluga region - Russian Federation

19/10 Being awarded “The best dairy farm in Vietnam” prize by Vietstock

10/12 Being awarded “Golden Cup” for organic dairy farm

19/12 Launching of TH true BUTTER and TH true Cheese

2016

Being certified as the Largest Centralized Hi-tech dairy farm in Asia by Asia Book of Records

Launching TH true MILK pasteurized category

“ASEAN Best Food” awards for School Milk – TOP KID

Launching TH true YOGURT Matcha and plain TH true YOGURT

Launching UHT drinking yogurt formula TOPTEEN

Won 3 Golden Prizes, 3 Silver Prizes and 1 Bronze Prize at WorldFood Exhibition at Moscow, Russia

Launching UHT drinking yogurt TH true YOGURT – TOP KID

2015

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TH’s Board of Leaders

DAIRY HERBAL FOODS WOOD SUGAR CANE PHARMA HEALTH CARE EDUCATION INSTITUTION VN STATUREFOUNDATION

STRATEGIC FOUNDATION:Vietnamese natural resources + Vietnamese Wisdom + the World Advanced technology (technical and management science…)

COMMITMENT:Creates products purely from nature for public health Manpower development, commitment to top quality, innovation and improvement with superior thinking

Bring life values to the community - Sustainable economic efficiency for investors,Improve living standards and health benefits of the Vietnamese people.

Define the interests of the Group in line with the country’s;

Not aim at maximizing profits but optimizing the interests

TH Group’s investmentprojects are focused on applying advanced technologies - integrated technical and management science to produce agricultural products, of which the quality and productivity are for the sake of sustainability and health benefits

- TH Milk Food (farm)

- TH Milk (plant)

- TH Food Chain

- Dalat Milk

- Material JSC

- Dairy projects in Ha Giang, Phu Yen…

- Dairy projects in Rusia

- TH Herbals JSC

- Nui Tien Pure water and fruit juice Project

- Son La fruit juice project

- Fresh Vegetable & Fruit JSC (FVF Nghe An, Thai Binh)

- Phu Yen Clean food project

May Forestry JSC Nghean Sugar Ltd. - Project of Medical and Health care complex in Ha Noi

- Golden Stream Project in Da Lat

Trust FARMA International JSC

TH School systemInternational Education., JSC

(TH School)

- TH Institute of Nutrition

- TH Institute of LiveStocks

- TH Institute of Organic Agriculture

- School Milk

- Nurture the talents

- Mothers and babies wellbeing

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TH’s Board of Leaders

“TH Group - where the faith makes success”TH Group is a collection of hearts and minds sharing the same faith, desire and enthusiasm. We are a world-class team of international and domestic leaders, with extensive knowledge of world-class technology and management science. That’s why TH Group have made a difference in bringing true happiness to the community as well as the prosperity to the Group”.

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Development Path for Vietnam’s Agriculture Vietnam’s agriculture development will go towards the path of high technology combined with organic production. TH is a pioneer to bring in high technologies to agriculture and apply US and EU organic farming standards.

In 2016, the term “4.0 technology” was first introduced in Viet Nam, but

TH had applied AI, microchips and other cutting-edge technologies in its

production since 2008.

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Domestic and international dairy experts on organic fields of TH farm

TH Group also pioneered in promoting a civilized thinking and way of doing for agriculture in Vietnam, especially for herbs,

vegetables, dairy farming which are strictly following the US and EU organic standards at its large scaled projects.

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Investment projects

TH FRESH AND CLEAN MILK

HERBAL PRODUCTS

HEALTHY BEVERAGE

VEGETABLES, FRUITS AND FOOD

EDUCATION – TH SCHOOL

TH HEALTH CARE

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BEING A PIONEER IN CREATING AN ECOLOGY OF ORGANIC AND SAFE FOODS FOR PUBLIC HEALTH

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USD 1.2 billion

By the end of 2015: 45.000 dairy cows and target of 137.000 dairy cows by 2020

37.000 ha

200 million liters/year (2017)500 million liters/year (by 2020)

TH Group has been well-known as the leading supplier of fresh and clean dairies in Vietnam

Đàn bò giống HF cao sản có phả hệ rõ ràng, đeo thẻ chip ở chân để theo dõi tình trạng sức khỏe của từng cá thể bò

Investment Scale

Land

Dairy processing factory

Herd scale

I. TH Fresh and clean milk production

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TH dairy map in VietnamIn Vietnam, TH Group has been developing dairy farms in the northern border provinces like Ha Giang, Tuyen Quang, Lang Son as well as other locations in Thanh Hoa, Phu Yen and Soc Trang.

With these projects, Mrs. Thai Huong - the Founder and Investment consultant of TH Group - aims to produce fresh, tasty and nutritious products to domestic and regional markets.

TH’s farms in the North will be export oriented, targeting the Chinese market with more than one billion consumers. TH has opened a branch in Guangzhou, China.

In addition to its own farms, TH also has plans to cooperate with local farmers to establish feed material zones for dairy cows to improve the local existing ineffective cultivation. TH’s dairy projects have created direct and indirect jobs for thousands of local workers.

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High technologyTo ensure the premium quality of natural and pure products, TH has imported advanced technologies from the world leading countries, especially Israel, for agriculture, aquaculture and forestry.

The comprehensive application of high tech, together with the direct execution and management by the native expats, has resulted in effective operation and outstanding deliverables.

In addition, TH has planned to apply high technologies from the other developed countries like the U.S, Germany, Australia, etc. in its future projects.

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The Largest Hi-tech Centralized Dairy Farm in Asia

TH Farm

The centralized dairy farming system at industrial scale is operated under the world’s most-modern herd management process. The cows are well-treated with music, daily bathing, purified drinking water, etc.

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With a desire to bring fresh, pure and nutritious dairy products to

Vietnamese consumers, TH recognizes the product quality assurance as

a prerequisite for production and development. By applying the world’s

hi-end technology to a closed production process (from raw materials

through preliminary treatment, processing, production and quality control

to finished products), TH Group’s products always keep the pureness,

freshness and full natural essence to the international quality standards,

give consumers excellent experience for health benefits.

Fresh milk production process at TH

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Tiên phong ứng dụng công nghệ cao trong nông nghiệp

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I. DAIRY FARMING

1

9

5

Cows are selected carefully from the world’s best genetic resources (New Zealand, Canada, Uruguay, etc.) with undisputed genealogy to avoid the inbreeding and genetic issues and ensure high milk quality.

From the milking parlors, the milk is shock-frozen in closed pipeline system to reduce its temperature to 2-4°C, then collected to chilled bulk tanks and transported to the factory by the chilled trucks.

Home Delivery provides distribution services to shorten and remove intermediaries in the process of transportation and distribution, to bring the safe and fresh products of full natural essence to consumers at the soonest and most convenience.

II. PRODUCTION

Cow breeding

2

TH has complete self-control over the feed supply to ensure the best nutrition for the cows. With the application of global leading technologies and the state-of-the-art agricultural machinery, TH Farm has optimized its cultivation and harvest of field crops to supply year-round feed materials such as maize, sorghum, Mombasa, Mulato, sunflower and legumes.

Feeding

With Afitag electronic chips (Afitag) attached on feet, TH’s cows are classified and fed with 12 to 15 ingredients. The feed rations are established by nutritionists and mixed by machines programed and controlled by a computer system at the feed center. The feed includes: (a) Silage or fermented forage (sunflower, maize or sorghums, Alfalfa grass, dried straws, etc.); (b) Concentrate feed; (c) Supplements added according to different formulations based on specific cow groups to ensure high quality milk for the health of consumers.

3

Silage Refined food Supplement foods

Nutrition

At TH farm, the cows enjoy the water treated and purified by Amiad advanced technology with auto-filtration screen AMF to eliminate micro impurities.

The world’s advanced standards and specifica-tions of cow sheds are applied at TH farm. Each shed is established on an area of 32-33 ha for 2,400 dairy cows, 3,200 heifers and calves. The sheds are designed in modern style and well-constructed at the highest standards, with steel frame, roof and cooling system to prevent heat stress and help cows more comfortable. The cows are also showered and dried with a cooling fan system before being milked.

4Water source Cow sheds

11

With the utmost desire to give full value from nature to consumers’ hands, TH Group has invested in and developed an international standard channel of distribution; it is a chain of stores named TH true Mart, where TH products are stored in the safest and best conditions.

TH true Mart Raw Milk Transportation

FRESH MILK PRODUCTION PROCESS

10

The TH’s clean and fresh milk plant applies the world’s leading technology and has become Southeast Asia’s largest milk processing factory, equipped with state-of-the-art equipment imported from the G7 and European countries. The operation system is run in accordance with ISO 22000 standards to meet the strictest qualifications of food safety.

The Plant

7Veterinary

6Herd Management

At TH farm, the herd management is conducted by AfiFarm program. With the chips Afitag at their feet, the cows’ health is closely monitored. This equipment also gives 4 days in advance alert of mastitis, the most common disease recorded for the dairy cows, so the unqualified and/or contaminated milk will be rejected.

TH’s cows are very comfortable in the roofed, ventilated and cooled shed. Daily bathing and music are provided to stimulate their natural lactation. The Vet center and the lab of international standards allow rapid diagnosis, disease prevention researches and effective treatments.

8Milking

Each fully automated milking parlor has capacity of 120 cows/shift, 3 milking times/day. The milking, collection and storage are closely and strictly monitored and managed to ensure the highest hygiene conditions. This prevents the milk from being contaminated by the microclimate or losing the natural pure taste.Moreover, the milking parlors at TH true Milk are programed towards the standards of quality, so that if the milk fails to meet the quality standards, the system will issue a warning message and recommend adjustments in the cows’ diet, then the unqualified milk will be separated from the system.

12III. DISTRIBUTION SYSTEM

Home Delivery

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I. DAIRY FARMING

1

9

5

Cows are selected carefully from the world’s best genetic resources (New Zealand, Canada, Uruguay, etc.) with undisputed genealogy to avoid the inbreeding and genetic issues and ensure high milk quality.

From the milking parlors, the milk is shock-frozen in closed pipeline system to reduce its temperature to 2-4°C, then collected to chilled bulk tanks and transported to the factory by the chilled trucks.

Home Delivery provides distribution services to shorten and remove intermediaries in the process of transportation and distribution, to bring the safe and fresh products of full natural essence to consumers at the soonest and most convenience.

II. PRODUCTION

Cow breeding

2

TH has complete self-control over the feed supply to ensure the best nutrition for the cows. With the application of global leading technologies and the state-of-the-art agricultural machinery, TH Farm has optimized its cultivation and harvest of field crops to supply year-round feed materials such as maize, sorghum, Mombasa, Mulato, sunflower and legumes.

Feeding

With Afitag electronic chips (Afitag) attached on feet, TH’s cows are classified and fed with 12 to 15 ingredients. The feed rations are established by nutritionists and mixed by machines programed and controlled by a computer system at the feed center. The feed includes: (a) Silage or fermented forage (sunflower, maize or sorghums, Alfalfa grass, dried straws, etc.); (b) Concentrate feed; (c) Supplements added according to different formulations based on specific cow groups to ensure high quality milk for the health of consumers.

3

Silage Refined food Supplement foods

Nutrition

At TH farm, the cows enjoy the water treated and purified by Amiad advanced technology with auto-filtration screen AMF to eliminate micro impurities.

The world’s advanced standards and specifica-tions of cow sheds are applied at TH farm. Each shed is established on an area of 32-33 ha for 2,400 dairy cows, 3,200 heifers and calves. The sheds are designed in modern style and well-constructed at the highest standards, with steel frame, roof and cooling system to prevent heat stress and help cows more comfortable. The cows are also showered and dried with a cooling fan system before being milked.

4Water source Cow sheds

11

With the utmost desire to give full value from nature to consumers’ hands, TH Group has invested in and developed an international standard channel of distribution; it is a chain of stores named TH true Mart, where TH products are stored in the safest and best conditions.

TH true Mart Raw Milk Transportation

FRESH MILK PRODUCTION PROCESS

10

The TH’s clean and fresh milk plant applies the world’s leading technology and has become Southeast Asia’s largest milk processing factory, equipped with state-of-the-art equipment imported from the G7 and European countries. The operation system is run in accordance with ISO 22000 standards to meet the strictest qualifications of food safety.

The Plant

7Veterinary

6Herd Management

At TH farm, the herd management is conducted by AfiFarm program. With the chips Afitag at their feet, the cows’ health is closely monitored. This equipment also gives 4 days in advance alert of mastitis, the most common disease recorded for the dairy cows, so the unqualified and/or contaminated milk will be rejected.

TH’s cows are very comfortable in the roofed, ventilated and cooled shed. Daily bathing and music are provided to stimulate their natural lactation. The Vet center and the lab of international standards allow rapid diagnosis, disease prevention researches and effective treatments.

8Milking

Each fully automated milking parlor has capacity of 120 cows/shift, 3 milking times/day. The milking, collection and storage are closely and strictly monitored and managed to ensure the highest hygiene conditions. This prevents the milk from being contaminated by the microclimate or losing the natural pure taste.Moreover, the milking parlors at TH true Milk are programed towards the standards of quality, so that if the milk fails to meet the quality standards, the system will issue a warning message and recommend adjustments in the cows’ diet, then the unqualified milk will be separated from the system.

12III. DISTRIBUTION SYSTEM

Home Delivery

“Fresh and pure milk is the only way”

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TH fresh Milk Plant is one of the most modern milk processing factories in the world with the largest scale in the Southeast Asia. It is an important link in the synchronous and closed production process of fresh milk. The products are diversified with many categories, flavors and packaging to meet the consumers’ demand.

TH Fresh Milk Plant

TH farm is established based on the world most advanced standards and specification. Each farm is 32-33ha large, for 2,400 milking cows, 3,200 heifers and young calves. The farm sheds were designed with galvanized steel frame, roofed and equipped with cooling systems to provide the most comfortable shelter for the cows.The cows are bathed and dried before milking to ensure their comfort during the hot and humid summer climate in Vietnam.

CLOSED PROCESS FROM FARM FACTORY DISTRIBUTION

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• 1st phase: Plant inauguration on July 7, 2013, with a capacity of 200,000 MT/year. The processing and packing lines are managed by the world’s most modern measurement and control technologies: Siemens, Danfoss, Grundfos. No chemical and artificial preservatives are added in any products of TH.

• Following phase (2013 - 2017): The plant is run in full capacity of over 500,000 MT/year, equivalent to 500 million liters/year

Open the 1st Hero (the 1st grade) store in Ha Noi

Open the 1st Hero (the 1st grade) store in HCMC

TH True Mart stores have then quickly put in place all over the country and become popular retail destinations where high-quality distribution and sale are performed to bring customers true values.

TH provides home delivery services to shorten and remove intermediaries in the process of transportation and distribution, to bring safe and fresh products of full natural essence to consumers at the soonest and most convenience.

TH true Mart – The chain stores for distribution

CLOSED PROCESS FROM FARM FACTORY DISTRIBUTION

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5 core values of TH’s products

For Public health

Truly natural

Fresh, tasty and nutritious

Environmentally Friendly

Innovative thinking and harmorny of interests

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Truly naturalCompletely made with pure and fresh milk from TH farm

The largest hi-tech centralized dairy farm in Asia*

* Certified by Asia Book of Record (ABOR) in February 2015

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TH true Milk - UHT Fresh Milk

TH applies closed process for fresh and pure milk production, from cow farming and herd management to transportation and distribution of the products, to ensure the natural goodness in each milk drop.

TH true MILK - Pasteurized

TH true MILK pasteurized is produced with ESL pasteurization technology of FR Germany. The filling process takes place in aseptic conditions to a special 6-layers packaging; thus, the products are safe and maintain full nutritional values and good taste for 30 days.

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TH SCHOOL MILK

- Being produced completely from TH farm’s fresh and pure milk, School - Milk products bring good taste and full natural nutrition to the consumers.

- With the micronutrients added according to the formula established by DSM - the world leading nutritional organization from Switzerland, the products help to improve height, boost vision and ability to concentrate of school children, thus help them develop both physical and mental strength.

- Product R&D is scientifically consulted and clinically tested by the National Nutrition Institute with the assistance of Dr. Frank Wieringa – a nutritionist from France’s Institute de Recherche pour le Développement (IRD).

- The products are certified by the National Nutrition Institute and Ministry of Health for improving nutritional status of school-age children.

TH true MILK A2

At TH farm, A2 dairy herd has been developed by genetic selection from a herd of undisputed genetic cows for natural A2 milk which contain beta-casein Protein A2. Then the raw A2 milk is processed and packed at TH dairy plant to make premium products that are good for health.

TH true MILK Organic

Following the principle of “Treasure the Mother Nature”, since 2017, TH Group has been implementing the project of organic milk production. In 4/2017, Control Union certified that the dairy farming and production at TH complied with the organic standards of EC 834/2007 and EC 889/2008. On 17/8/2017, TH true MILK Organic product was officially launched to Vietnam market.

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UHT drinking yogurtThe products made from fresh and pure milk, naturally fermented with tasty flavors of different fruits are nutritional drinks for active life everyday.

TOP TEEN UHT drinking yogurt The products are developed for teenagers, added with B vitamins (B1, B6, B12) essential to their physical and intellectual activities.

TH spoonable yogurtTH spoonable yogurt, which is naturally fermented and made completely from natural ingredients, has the nutrition and taste of pure and fresh milk.

Probiotic spoonable and drinking yogurtThese products are added with the probiotics exclusive to TH for digestive supports, immunity booster and health improvement.

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TOP KID UHT TH true MILK Purely made with organic milk from TH farm, the product is supplemented with vitamins and micro nutrients (DHA, Acid Folic, Calcium, Vitamin B1, B6, C, D) to support the brain development, height, immunity and digestion of the children. The special flavor - “cool as ice-cream” - is new an d attractive to kids.

TOP KID pasteurized spoonable yogurtCompletely made of TH farm’s fresh milk and natural ingredients, Topkid pasteurized spoonable yogurt has two flavors which children are keen on.

Thanks to natural fermentation technology, the product are easy to digest and absorb. The supplemental nutrients of calcium, Vitamin B6, B12 and folic acid are well-studied for children’s intelligence and height growth as well as their immunity and digestion.

TOP KID UHT drinking yogurtThe product is designed for kids, completely made of fresh milk and naturally fermented. TOPKID UHT drinking yogurt contains supplemental nutrients of Vitamin B6, B12 and folic acid, which are well-studied and formulated for children’s intelligence and height growth.

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Natural cheese - TH true CHEESE

Packaging of sticks block 100g (4 sticks x 25g): convenient for direct use or cooking, easy to bring along.

Natural unsalted butter - TH true BUTTER

Completely made with fat from pure and fresh milk of TH farm, TH true Butter is naturally fermented to bring to consumers good taste, ready for direct use or cooking.

TH true ICE CREAM

Completely made from pure and fresh milk of TH farm, TH true Ice cream gives consumers the experience of smooth and dense, typical taste and nutritional values of fresh milk. The product is produced completely from natural ingredients, including pure chocolate, natural vanilla and matcha without any added preservatives nor chemosynthetics. TH true ICE CREAM is not only delicious but also very healthy.

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TH true NUT mission

TH continued its success story by launching its nut milk products whichs are creative combination of fresh milk from TH farm and nutritive nuts and fruit such as walnuts, Macadamia, almond, chia, Gac, etc.

TH true NUT products do not contain refined sugar but only natural sweetness from fruits such as dates, monk fruits for better health benefits.

TH true NUT products

The category has been developed with four stock-keeping units (SKUs): walnut; macadamia; almond and nuts and gac fruit. The product formulas are developed based on creative and scientific combination of fresh milk from TH’s dairy farms and nutritious nuts; the products are naturally sweetened by date fruits for better health benefits.

— Truly natural: made with fresh and pure raw milk of TH farm, containing high proportion of protein and calcium which are perfect nutrition supplement for plant-based milk.

— Nutrition source from premium nuts is best for the heart, bone, brain and anti-aging effect, etc.

— No refined sugar but natural sweetness from Date fruit. Dates have been known as a low-fat natural sweetener suitable for diabetics (with doctor consultancy).

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2014: Da Lat milk became a member company of TH Group after being acquired

• Total farming land: 566 ha.

• Auto-pivot spreading on 120 ha.

• Cultivation, irrigation and harvesting by machines.

• Feed manufacturing: 12,000 DM tons/year.

• Total herd: more than 1,600 head.

• Utilities and other supporting systems are enough for the current herd, TMR, milking parlors, water supply and waste treatment.

• Dalat Milk has planned to increase the herd to 5,000 heads with approximate milk production of 70 tons/day in the next 3 years.

Da Lat Milk project

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• Dairy plant is in an area of 32ha, surrounded by beautiful greenery European architecture.

• Waste water treatment: 100 m3/day.

• Pasteurized production line: fully imported from the Netherlands, capacity of 80 tons/day.

• Filling machine: from Shikoku – Japan.

DISTRIBUTION:• Convenient stores and supermarkets.

• Famous beverage chains of Starbuck, Highland, Mc Donald’s, Gloria Jean’s, Tous Les Jours, etc.

• Restaurants, resorts, tourist destinations.

PRODUCTS:

Pasteurized fresh milk Spoonable yogurt Drinking yogurt Peach yogurt

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“My investment into Russia during the embargo period is decided as the common moral practice by a good-natured person, as an old Vietnamese idiom once indicated, “Gratitude is the sign of noble souls”. I still remember, during the war time, my country was supported by the Russian. This great assistance in terms of both material and human resources did contribute to Vietnamese National Liberation and has lightened up in me and many other Vietnamese people a profound gratitude towards Russia. I had always wished to visit your country once”.

Quoted from Mrs. Thai Huong’s speech in the Far East Economic forum on 6 Sept 2017

DAIRY PROJECT IN THE RUSSIAN FEDERATION

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PROJECT SCALE

USD2.7 billion

2016-2026

350.000 heads

5.900 tons/day,equivalent to 1.800.000 tons/year

140.000 ha

Scale

Production capacity

Centralized material zone

Time horizon

Total herd

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KALUGA REGIONLand: over 50,000ha in total, 11,000ha for the 1st phase.Total herd: 36,000 heads, including 18,000 milking cows.Total investment: USD285 millionMilk production: 197 million liters/year.

MOSCOW REGIONLand: over 50,000ha in total, 11,000ha for the 1st phase.Total herd: 36,000 heads, including 18,000 milking cows.Total investment: USD285 millionMilk production: 197 million liters/year.

TYUMEN REGIONLand: over 48,000ha in two districts of Sladkovo and SorokinoTotal herd: 25,000 heads, including 12,000 milking cows.Dairy factory is established with production capacity of 400 tons/dayTotal investment: 17 billion of rubles.

PRIMORSKY PROVINCELand: over 50,000ha in total, 30,000ha for the 1st phase.Total herd: 15,000 heads, including 7,200 milking cows.Total investment: 16 billion of rubles Milk production: 82 million liters/years.

REPUBLIC OF BASHKORTOSTANLand: over 50,000ha (officially granted 7,500ha in Buzdyaksky district, the dairy farm is planned for establishment in 2019).Total herd: 20,000 heads, including 11,000 milking cowsDairy factory is established with production capacity of 400 tons/day.Total investment: 16 billion of rubles.

SUB-PROJECTS OF TH DAIRY COMPLEX IN THE RUSSIAN FEDERATION

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KALUGA REGIONLand: over 50,000ha in total, 11,000ha for the 1st phase.Total herd: 36,000 heads, including 18,000 milking cows.Total investment: USD285 millionMilk production: 197 million liters/year.

MOSCOW REGIONLand: over 50,000ha in total, 11,000ha for the 1st phase.Total herd: 36,000 heads, including 18,000 milking cows.Total investment: USD285 millionMilk production: 197 million liters/year.

TYUMEN REGIONLand: over 48,000ha in two districts of Sladkovo and SorokinoTotal herd: 25,000 heads, including 12,000 milking cows.Dairy factory is established with production capacity of 400 tons/dayTotal investment: 17 billion of rubles.

PRIMORSKY PROVINCELand: over 50,000ha in total, 30,000ha for the 1st phase.Total herd: 15,000 heads, including 7,200 milking cows.Total investment: 16 billion of rubles Milk production: 82 million liters/years.

REPUBLIC OF BASHKORTOSTANLand: over 50,000ha (officially granted 7,500ha in Buzdyaksky district, the dairy farm is planned for establishment in 2019).Total herd: 20,000 heads, including 11,000 milking cowsDairy factory is established with production capacity of 400 tons/day.Total investment: 16 billion of rubles.

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201522/10

201623/3

201618/5

201711/1

2017T.9

201831/1

2015T.11

201616/5

201618/10

201715/3

2018T1

Mrs. Thai Huong signed MOU with H.E Andrey Vorobiev Iu, the Governor of Moscow Region to implement the dairy project in the region, under the witness of Vietnamese President H.E Mr. Truong Tan Sang.

Mrs. Thai Huong took part in International Dairy Forum in the Russian Federation.

Mrs. Thai Huong and H.E Anatoly Dmitriyevich Artamon-ov, the Governor of Kaluga region signed the commit-ment to implement dairy project in the region.

Groundbreaking for Kaluga farm.

Mrs. Thai Huong met with H.E Mr. Yuri Trutnet, Deputy Prime Minister cum Russina PM’s Envoy in the Far East, and other 7 Governors to discuss investment coopera-tion in the region.

1,100 high producing dairy cows imported from the US arrived at TH’s farm in Moscow.

Mrs. Thai Huong and H.E Anatoly Dmitriyevich Artamonov, the Governor of Kaluga region signed an MOU for implementation of Dairy Project in the region.

Groundbreaking for Moscow farm. At the event, Mrs. Thai Huong announced the total investment of USD2.7bil in 10 years for TH’s project of dairy farming and production complex in Russia.

Mrs. Thai Huong met H.E Mr. Mardanov Rustem, Prime Minister of Republic of Bashkortostan, to discuss cooperation opportunities. In April 2017 TH Group accepted the investment offer from Bashkortostan. On 4/10/2017, the two signed an MOU when they participated in Golden Autumn exhibition in Moscow.

At the Far East Economic Forum, TH Group signed the Agreement for dairy farming and production in the region. Mrs. Thai Huong attended the seminar chaired by Russian Federation’s President H.E. Mr. Vladimir Putin.

Inauguration of the 1st farm in Moscow Region.

TH’S INVESTMENT MILESTONES IN THE RUSSIAN FEDERATION

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On November 18-19, 2009, Mrs. Thai Huong on behalf of TH Group participated in the second International Dairy Forum at the Moscow Government House in the suburbs of Moscow, Russia as key main partner.

The forum was organized by the Moscow provincial government in cooperation with the Russian Federal Ministry of Agriculture and chaired by Russian Federation Deputy Prime Minister A. Dvorkovich, bringing together more than 1,500 delegates from 32 countries around the world, including dairy manufacturers, processors, experts and scientists.

Mrs. Thai Huong signed a cooperation agreement at the President’s Palace of Vietnam under the witness of President Truong Tan Sang.

A FAST TRACK PROCESSOn October 23, 2015, H.E. Mr. D.A. Stepanenko, the Minister of Agriculture and Food of Moscow Region, visited TH farm in Vietnam. He was impressed by the farm’s scale and the technical expertise of TH’s staff. “I believe when a similar project is established in Moscow, the team will ensure that TH’s dairy farms in Russia are well operated too.”

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TH Group signed a cooperation agreement with Kaluga (Russia)On 16th May 2016, in Moscow (The Russian Federation), under the witness of Vietnamese Prime Minister Nguyen Xuan Phuc and his counterpart Prime Minister Dmitry Medvedev, Mrs. Thai Huong and Mr. Anatoly Mmitriyevich Artamonov - Governor of Kaluga Region - signed a cooperation agreement to implement an investment project of hi-tech dairy farming and milk processing complex and greenhouse complex for vegetables and fruits production in this region.

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Groundbreaking Ceremony of Dairy farming and production complex of TH Group in Moscow Region (The Russian Federation).TH Group, in collaboration with the Moscow provincial government, organized the Groundbreaking Ceremony of the first phase of its project of dairy farming and production complex in Russia on May 18, 2016. The project in the Moscow region has total investment of USD500 million and is the first stage of the overall complex project of centralized and industrialized dairy farming and processing as well as several food projects with total capital of USD2.7 billion in the Russian Federation. This is the first investment project in hi-tech agriculture conducted by a Vietnamese company with the biggest investment capital in Russia up to now.

The ceremony was attended by Prime Minister Nguyen Xuan Phuc; Deputy Prime Minister, Minister of Foreign Affairs Pham Binh Minh; Minister of Agriculture of the Russian Federation Alexander Tkachev; Moscow Governor Andrey Vorobiev Iu, other leaders of the

two countries and representatives of 15 embassies in Russia.

On October 18th, 2016, the Groundbreaking Ceremony of TH’s dairy Farming and Processing factory Complex of was held in the village Efimtsevo of Ulyanov district, Kaluga. It was expected that the first TH farms in Kaluga would be completed by September 2018.

In Kaluga, TH Group planned to build a clean fresh milk processing factory with a capacity of 1,500 tons per day. The plant, processing raw milk from TH farms in Moscow and Kaluga, is a link in a closed production cycle “From grass to class” of TH in Russia.

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At the Far East Economic Forum, with the participation of more than 5,000 representatives from 60 countries worldwide, on 6/9/2017, Mrs. Thai Huong was honored to be selected among 15 foreign entrepreneurs to attend the meeting chaired by President Putin. She was one of the five foreign investors to deliver speech to the president.(She was the only businesswoman, in red dress, sitting at the opposite side to President Putin in the meeting.)

From 6th - 7th September 2017, TH Group participated in the “Eastern Economic Forum” in Vladivostok - Far East of the Russian Federation. TH Group signed Investment project of dairy farming and production in Primorye.

Project in Primorye province, Far East RussiaProject in BashkortostanOn March 15th, 2017, Russian Deputy Prime Minister Iury Trutnev had a working visit to TH Group. Subsequently, the Group sent a delegation of experts to explore the investment possibility in Primorye region.

In May 2017, Mrs. Thai Huong had talks with Bashkortostan President Rustem Khamitov and Prime Minister Rustem Mardanov on her visit to Russia. On October 4, 2014 the two sides signed a cooperation agreement.

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State-level support from Vietnam and Russia

“This is a major and critical project to practice the Free Trade Agreement between the Eurasian Economic Union and Vietnam this year. I am glad to see TH as a leading organization with Made-in-Vietnam products going global. We hope that, with high determination, TH will well control the cash flow, have a good and strict roadmap to success. I appreciate the enterprising spirit of Mrs. Thai Huong, who dares to invest in and to take Vietnamese products into Russian market ... “

Prime Minister Nguyen Xuan Phuc

On January 31st, in the Volokolamsk district of Moscow region, TH Group inaugurated its first dairy farm of the hi-tech Dairy farming and processing and some food projects Complex in the Russian Federation.

On 3/1/2018, TH Group welcomed the first high producing purebred HF cows imported from the US to the Group’s dairy farm in Ivanovskoe and Mikhailovskoe (Volokolamsk district, Moscow)

The inauguration ceremony of the first high milk producing farm in Moscow

“Thank you, a small but strong Vietnamese woman! I wish you forever young and beautiful, having energy enough to run the dairy project in Russia, making us always remember of a beautiful Vietnam. To me, unity is not only by words but also by actions, like what TH is doing in Moscow”.

Mr. Alexander Tkachev

- Minister of Agriculture of the Russian Federation.

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II. The Herbal pathway

Being determined to justify the food consumption habits in Vietnam and the world, TH has taken the lead to set up the foundation of the herbal industry in Vietnam by directing consumers to use healthy functional herbal beverage.

TH strives for creating an economy revolution under the forest canopy: collecting natural herbs and organically grown herbs under the forest canopy, facilitating economic development, reducing poverty for local people, protecting forests – the source of clean water for the whole community.

Products from TH Herbal project are developed based on the combination of Vietnam’s traditional herbal indigenous knowledge, natural resources and the world’s cutting-edge technology.

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TH Herbals’ milestones

2015

2017

9/2017

Launching Total Happiness Naturals drinks in the US market and they won "The readers’ Favorite New Products" in February 2015 by Beverage Industry magazine (USA).

2015Total Happiness Naturals won Silver Award at WorldFood Moscow 2015

Launching TH true Herbal drinks products in Viet Nam

TH True Herbal won Golden Prize at WorldFood Moscow 2017

Successfully developed TH true Herbal no-sugar herbal drinks

2018

12/2017TH True Herbal products won Golden Prize as The Best New product of ASEAN Best Food 2017

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A True StoryAs a myth from East Asia, traditional herbs have a history of thousands of years. The indigenous people here used to drink them naturally as we drink water every day. Now we share them with you in a wholesome natural beverage product named TH true Herbal - True Happiness. Enjoy the unique taste of natural products that bring health benefits and happiness!

NURSERY GARDEN/PRESERVATION

CULTIVATION EXTRACTION RESEARCH & DEVELOPMENT(THE NETHERLANDS &

GERMANY TECHNOLOGY)

PRODUCTION (JAPAN &GERMANY TECHNOLOGY)

MARKETING/DISTRIBUTION WORLDWIDE(THE USA, RUSSIA, CHINA, EUROPE, JAPAN, etc.)

Closed value chain from farm to customers,a process which was carefully and meticulously studied in every detail.

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With intellect and natural resources from Vietnam, in combination with the world‘s cutting-edge technologies, TH is a pioneer in laying the path way for the industry of healthy beverage which are completely natural, therefore gradually help justifying the Vietnamese consumption habit.

TH true Herbal beverage truly from natural herbs is really a gift from the Mother Nature.

SUPPORT HEALTH

- ENERGY FOR CREATIVITY

SUPPORT HEALTH – COOLING

AND REFRESHING

SUPPORT HEALTH

– VISION BOOST

Being called the “fruit from heaven”, Gac has been an important ingredient for Vietnamese glutinous rice for thousands of years because red color represents luck and success in the Oriental faith. Today, many scientific studies have proved that Gac is extremely rich in Beta-Carotene and Lycopene. Gac fruits contain 70 times more Lycopene than tomatoes and 10 times more Beta-Carotene than carrots and sweet potatoes. Therefore, Gac is not only well-known as “the miraculous medicine for eye” but also a source of natural antioxidants for all ages to help strengthen the immune system, prevent cancers and keep the body young.

NURSERY GARDEN/PRESERVATION

CULTIVATION EXTRACTION RESEARCH & DEVELOPMENT(THE NETHERLANDS &

GERMANY TECHNOLOGY)

PRODUCTION (JAPAN &GERMANY TECHNOLOGY)

MARKETING/DISTRIBUTION WORLDWIDE(THE USA, RUSSIA, CHINA, EUROPE, JAPAN, etc.)

Closed value chain from farm to customers,a process which was carefully and meticulously studied in every detail.

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III. HEALTHY BEVERAGE PATHWAYFollowing the revolutions of fresh milk and herbal

beverage, TH Group has continued its nutrition revolution

by taking lead in nut-based milk segment. TH’s nut-

based milk products are perfect combination of fresh

milk and nutritious nuts gifted by the nature such as

Walnut, Macadamia, Almond, Chia, Gac, etc.

Especially, the product does not contain refined sugar

but has a natural sweetness from date fruits which is

better for health of the whole family.

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TH true NUT categoryTH Group has been the first and leading enterprise in developing nut milk segment in Vietnam with TH true NUT products from macadamia and walnut – the two nutritious and popular-taste nuts. On March 17th, 2018, the premium nut milk products were launched to the market. After that, TH introduced Almond, Chia and Gac milk.

On March 21st, 2018 in Hanoi, TH Group organized the First International Conference on nut milk nutrition. The workshop brought together many national and international experts.

During the conference, TH true NUT products were appreciated as a complete and comprehensive source of nutrition to help prevent non-communicable chronic diseases of the 21st century such as cardiovascular, diabetes, high blood pressure, obesity, etc.

An overview of the First International Conference on nut milk nutrition

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The sweetness of date fruits is suitable for diabetes patients. TH true NUT contains fresh milk from the TH farm to make up for protein and calcium insufficiency in plant-based milk. With such, TH true NUT is the first nut milk product in Vietnam being supplemented with fresh milk, which is suitable for all ages.

With natural ingredients from clean and green farms all around the world, TH true NUT is a healthy and natural nutrition source for consumers.

Date fruits from the West Asia farms are the source of the natural sweetness in TH true NUT products

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Being inspired by a long-traditional beverage from Europe, with “golden ingredients” of barley and rye sprout seeds, TH Group conducted R&D for TH true MALT with a formula suitable for the taste of Vietnamese while maintaining nutritional values and the typical taste of the original drink.

On 18th May 2018, TH Group officially launched in Hanoi the product in packaging of 500ml bottle and 500ml can. Thanks to natural fermentation and production process, TH true MALT has the natural color of rye and barley with no artificial color added. The fermentation produces is very well controlled for natural gas and low alcohol content (less than 0.7%). The product provides natural nutrients derived from grain sprout extract (B vitamins, minerals, amino acids, etc.) which are good for health, digestion and help consumers feel good while dining.

TH true MALT represents TH’s determination to “bring the best from the world to Vietnamese consumers”.

Launching ceremony of TH true MALT in May 2018

Prime Minister Nguyen Xuan Phuc appreciated the product when it was exhibited at the Food and Hotel Expo

in Singapore

TH true MALT – The malt drink

Malt beverage - from fermented barley and rye sprout seeds

Truly natural

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Malt beverage - from fermented barley and rye sprout seeds

Truly natural

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Project of Nui Tien pure water and fruit juice productionProject of Nui Tien Pure water and fruit juice production has an investment of VND 1,777 billion on an area of 11.75 ha. The project’s products are pure water, fruit juice, aloe-vera jam, herbal beverage, rice milk made from natural ingredients. The plant uses advanced technology which is energy saving and environmentally friendly. The pure water production line’s maximum capacity is 600,000 liters per day (40,000 bottles per hour). The fruit juice production line’s maximum capacity is 36,000 bottles per hour.

On 1st August 2017, in Nghia Son Commune, Nghia Dan District, Nghe An Province, TH Group organized the Groundbreaking Ceremony of Nui Tien Pure Water and Fruit Juice Plant.

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The project of Son La hi-tech fruit juice and condensed juice plant

Son La hi-tech fruit and condensed juice factory is a highlight of the process of building a clean and organic food ecosystem, producing “truly natural” products under TH’s brands.

On 25th January 2018, in Van Ho District (Son La Province), TH Group in collaboration with the People’s Committee of Son La province organized the Commencement Ceremony of Son La fruit juice and condensed juice Plant with the investment of VND 1,200 billion. The plant’s first phase has a processing capacity of 30,000 tons of fruit per year, and will be among the top plants of having highest processing capacity in Vietnam. This will also be the first one producing orange and logan condensed juice.

TH Group has planned to cooperate with the key fruit growers in Van Ho, Moc Chau, Mai Son, Bac Yen and Phu Yen to establish fruit material zones. The cooperation is realized through local cooperatives, building production chains where TH Group provides farming and preliminary processing techniques to the farmers. With this model, the cooperative plays as a link in the value chain driven by the enterprise who develops production plan, set technical standards as well as product quality requirements.

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Fruits, vegetables and food projectFollowing the great success of TH true MILK project, TH Group expands its investment to agri-product manufacturing, among of which, hi-quality clean vegetables, fruits, rice and some agricultural specialties are the highlights.

TH Group continues applying advanced technology to boost up Vietnam’s agriculture. TH Group understands that hi-tech agriculture should not place its focus on the farmers but the entrepreneurs who have strong resources, excellent vision and tough determination. Investment into agriculture should be encouraged by attractive policies and incentives. The entrepreneurs themselves are the main drivers to take lead for the farmers to follow.

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TH will make Vietnamese proud about their homeland

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With the ambition to supply consumers with fresh, clean, nutritious and safe fruits and vegetables, FVF targets to be one of leading exporters of fresh agricultural products, helping to position Vietnamese vegetable brand on the global market. The Project on high-quality vegetable, fruit and rice cultivation invested by TH Group applies a strict management process from cultivation to distribution, “from farm to plate”, to keep the natural goodness in the products. The company not only makes considerable contribution to environment protection but also becomes a pioneer model in high-tech in agriculture.

FVF is also known as a pioneer of organic agriculture - a system that strives to provide consumers with clean, delicious and authentic foods by adopting organic cultivation. Therefore, the unique characteristic of the project is the “5 No” organic cultivation model: no chemical fertilizer, no plant growth excitation, no preservatives, and no genetically modified crop. The vegetable field is controlled under Integrated Pests Management program (i.e. healthy qualified seeds with high resistance to diseases are carefully selected, cultivation areas and water sources are clean; scientific cultivation method is used to closely monitor the development of plants; harvesting, rough-wrought, preservation, and distribution always follow strict procedures). A commitment of quality and clear origin is shown on every single product.

37 fresh and organic vegetables products of FVF are certified to meet the orrganic quality standards of Europe (EC 834/2007) and United States of America (USDA-NOP).

FVF fresh vegetable project

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PROJECT SCALE

- FVF Nghe An Farm:

Spreading across 500 ha with 25 ha of greenhouse, being the most outstanding farms applying hi-tech in large scale and meeting the requirements of US and EU organic standards.

- FVF Da Lat Farm:

With a total area of 600ha and favorable weather condition, good water resources, fertile soil, FVF Da Lat is expected to be the largest farm applied Global GAP and Organic USDA-EU standards in Vietnam.

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HI-TECH PRODUCTION MODEL

Having an industrial scale greenhouse system and open fields for vegetable and fruits plantation, the cultivation and management of FVF Farms are conducted professionally according to strict procedures to ensure premium quality and safety of the vegetables and fruits delivered to the consumers:

• The greenhouse system is well designed and constructed with weather-shield and insect resistant materials to provide good conditions for of crops.• Breeding is strictly controlled and only certified seeds are used.• Semi-hydroponics cultivation provides high production, eliminates risks from soil and minimizes environment pollution.• Irrigation is automatically controlled by computer system where water and fertilizers are mixed before being irrigated to crops. The system defines the nutrition needs of crops by seasons, plant development and other factors and calculate the proper mixture of water and fertilizers.• Product preliminary treatment: Automatic and modern line.• Advanced packaging and preservation technology, specific means of transportation help to secure quality of products.

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FVF PRODUCTSAfter being officially launched in 2013, the products branded FVF quickly gained customers’ trust all over the country with over 100 types of vegetables and fruits, serving thousands of meals in Vietnamese families daily.

FVF product categories:

• Leaf vegetables• Flower vegetables• Fruit vegetables• Herbs• Fruits• Rice and rice oil (to be introduced in 2018)

Many FVF products are new varieties or local specialties to fully satisfy consumers’ taste.

In December 2015, 37 products were granted the Organic certificates of EC 834-2007 and USDA-NOP.

In December 2016: FVF was titled “Organic brand for community health” by the Ministry of Agriculture and Rural Development.

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Since the M&A, TH Group - under the guidelines of the provincial and district leaders - has taken strategic steps to contribute to the restructure of the local economy, planning to develop material area, and applying world’s advanced technology in combination with local experiences and knowledge on land and climate to enhance agricultural productivity, improving incomes and living standards of local people and the economy of Phu Quy area.

In 2011, TH Group purchased the ownership of Nghe An Tate & Lyle Sugarcane Co., Ltd from a leading sugarcane corporation of the UK. This was the biggest M&A case in 2011 conducted by a domestic enterprise on a foreign company. The bidding process was conducted professionally and transparently with the participation of world leading companies in financial, audit and legal consultancy such as Rabobank, Rothschild Bank, Price Waterhouse Coopers, Freshfields, and Baker & McKenzie.

Nasu Sugar Project

• Establishment date: 03/02/1996• Total investment: USD90 million• Plant area: 60ha large• Pressing capacity: 9,000 tons/day, equivalent to 65,000-85,000 tons of sugar/year.• Applying advanced technology from EU

An overview of Nasu sugar plant Sugar cane material zone

• Quality control system: ISO 9001:2015• Food hygiene management: ISO 22000:2005• Material zone: about 14,500ha widespread over 8 districts and 2 towns of Nghe An province.• Cooperation contracts to buy cane from 21,000 farmers’ households.

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Phu Yen Food Project

TH FOODFACTORYCOMPLEX

FISH SAUCEFACTORY

SEASONING/SOUP

POWDERFACTORY

SEA FOODFACTORY

CHILLI SAUCEFACTORY

FISH SAUCE FACTORYCapacity: 20 million liters/year & to be increased to 40 million liters/year in the future.

SEAFOOD FACTORYCapacity: Tuna 12,000 cans/hour; Scout 12,000 cans/hour & future increase to 24,000 cans/hour for tuna; up to 24,000 cans/hour for scout.

SEASONING FACTORYCapacity: 10,000 tons/year & to be increased to 20,000 tons/year in the future.

CHILLI SAUCE FACTORYCapacity: 50,000 tons/year & to be doubled in the future.

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V. TH School Project

TH School is a school of the future, of the 21st millennium, which is signified by an amazing architecture and a beautiful story.

“Vietnamese children deserve a world-class education, a world-class learning environment and world-class resources. I will provide them.

Vietnamese children must always cherish and celebrate their native culture and identity. I will nurture that.

Vietnamese children will be global citizens; they must be able to succeed anywhere in the world and to play a part in Vietnam’s development and integration into the world.

I will do everything I can to help them succeed.”

Let’s build TH School with the heart of a mother, by inheriting a world-class education system and the essence of Vietnamese Studies.

Message from Mrs. Thai HuongThe Founder of TH School

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TH School nationwide system

TH School is built according to a totally different concept - a multi-level school for children from 2 years old to the end of high school. TH School follows the international curriculum has been successful in over 1,800 schools of 100 countries across the globe. The curriculum is supplemented by Vietnam courses (i.e. History, Geography and Literature) together with appropriate physical activities and a nutrition program developed for children at different ages by the National Nutrition Institute’s specialists and world leading nutritional experts.

Hence, besides fundamental changes in teaching and learning methods, TH School gives a new approach to improve students’ physical well-being, which means doing exercises and applying school nutrition program from pre-school level. Students of TH School will comprehensively develop in terms of physicality, mentality and spirituality. Studying with the world’s best educational curriculum and being granted international certificates in their home country of Vietnam, TH’s students can be fully prepared for their future.

At TH School, students can find the enjoyment when studying in a world-class educational environment where they can fully benefit from our core values: True happiness, Comprehensive development, Devotion - Gratitude - Human Development, Global thinking, and Proud of Our Own Culture and Traditions.

• Investor: International Education Investment Management JSC.• Financial consultant: BAC A BANK• Project scale - Phase 1 TH School at No. 4 to 6 Chua Boc, Hanoi- Area: 18,514 m2- Number of students: 2,000 ranging from 3 to 18 years old TH School Project at Hoa Lac Hi-tech zone- Area: 49.491 m2- Number of students: 3,000 aged 10 to 18

Phase 1: Two schools in Hanoi:TH School - Hoa Lac: secondary and high school (boarding school)TH School - Chua Boc: from pre-school to high school (day school)Phase 2: Schools in key areasOne school in each province or cityPhase 3: A school per provincePhase 4: TH School curriculum as mainstream curriculum in Vietnam

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The educational programs at TH School are carefully consulted by international experts. The students can totally follow a system of world-class curriculums in English:

• Kindergarten: International Primary Curriculum (IPC)• Primary: International Primary Curriculum (IPC)• Grade 6 - 8: International Middle Years Curriculum (IMYC)• Grade 9 - 10: International General Certificate of Secondary Education (IGCSE)- Grade 11 - 12: AS/ A level - Pearson Edexcel

All of the grades are eligible for International certificates which are recognized across the globe.

INTERNATIONAL CURRICULUM

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Facilities

Designed by globally reliable architectural firms, TH School is a green school in terms of architecture, operating solution, as well as ways of interaction with each student. Thus, students can truly experience a world-class educational system with state-to-the-art facilities and equipment.

School nutrition programAt TH School, school meals are designed according to the nutritional pyramid and the students’ diet is researched by TH Nutrition Institute in cooperation with the word leading nutritional experts. Safe food, provided by TH Group such as fresh TH true MILK, FVF organic vegetables and fruits, TH Herbals healthy drinks as well as other prestigious brands, is used to serve in school meals.

TH School operates meal inspectors independently, equipped with hi-end testing machines to ensure food quality. In addition, the nutritionists of TH School regularly give advice to parents. The School’s partner hospitals do periodical health check for students.

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Teachers and mentorsAt TH School, the international curriculum is entirely conveyed by foreign teachers who own rich experience and put whole heart into students. They are all educators from top education-performing countries like the US, the UK and Australia.

Vietnam courses and mentoring are hold by local teachers who graduate excellently and have good pedagogical knowledge. They are proficient at information technology and fluent in English. Loving children, they would be able to inspire students by their own activeness, enthusiasm and passion.

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VI. TH Healthcare Project

The project represents a new way of thinking in healthcare, considering early diagnosis and screening as one of the solutions of preventive medicine. From the perspective of the health sector, preventive medicine is the foundation of modern healthcare science. A successful operation/surgery can save a life, but the success of a preventative health strategy can save millions of lives. Along with that, the project has a new approach to treatment: Doctors not only cure patients to save lives, but also ensure the restoration of the patients’ lost functions, so that patients after treatment can integrate well back into normal life. That is the innovation thinking bringing happiness to patients.

The project is aimed to build up an example healthcare model, where customers are placed as the center of best services. Three important components of human being wellness are focused and promoted in this complex. They are: prevention, treatment and rehabilitation.

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Vision and mission

Providing comprehensive and superior health services, including full range of services from high-tech preventive medicine to the most advanced acute care services, and modern rehabilitation services. Offering nursing and wellness services that help improve health.

Being a solid foundation for the protection and improvement of Vietnamese people’s health through a comprehensive approach, by providing all-inclusive healthcare and medical services, applying and updating the world most advanced knowledge and technology, with the commitment to serving customers with respect and passion at the highest level.

MOU signing ceremony for project execution between TH Group and MedicDan Company Limited and Staromedic R.N International Company (Israel).

On March 21st, 2017, TH Group signed the memorandum of understanding to execute the project of “Hi-tech healthcare complex in Hanoi” under the witness of President of the State of Israel Reuven Ruvi Rivlin.

It was the second time TH Group had a reception with a National Head of State from Israel. At the ceremony, President Reuven Ruvi Rivlin did, without any hesitation, try TH true MILK product. “Now I fully understand why Mr. Shimon Peres (the former President) enjoyed TH true MILK that much. This glass of milk is astonishingly delicious.” shared the President.

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Hi-tech healthcare complex in Hanoi

On June 5-6, 2010, at Vietnam Investment Promotion Conference in Tokyo-Japan, TH Group signed a Memorandum of Understanding on Etablishing a Hi-tech Medical and Healthcare Complex in Hanoi with ITEC - a leading corporation in consulting, management and implementation of health projects in Japan. The event took place in the presence of Prime Minister Nguyen Xuan Phuc and senior leaders of the two countries.

The project was granted investment approval in an area of nearly 40ha on Vo Nguyen Giap road (Tien Duong commune, Dong Anh district, Hanoi) by Ha Noi People’s Committee.

TH Group signed MOU with ITEC

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Trust Farma Ltd Co., was established in 2007 as Farmapex. In 2014, the company was acquired by TH Group and renamed to Trust Farma in 2016. The company was certified GMP WHO in May 2012 and is being upgraded and assessed for GMP EU certification.

Functional Foods and Pharmaceuticals project of Trust Farma Ltd Company

Vision• To be a leading the supplier of European quality AB pharmaceuticals in Vietnam.• To establish a factory compliant to European GMP - from machinery equipment to process.• To be a leading company in the pharmaceutical industry, a top choice for investors.• To provide products and services of the highest quality and ethical standards are set as the top priority.

Injection line Sachet line Solid line

Development strategy• The factory is established and operated according to EU GMP standards.• Comprehensively improve business capacity.• Implement optimal solutions for human resource development.• Financial restructuring for transparency.

Advanced technology• Modern production line to ensure resource saving and efficient production management. • The company’s products are positioned to contribute to the replacement of imported pharmaceuticals in the domestic market then to export to Asia, Europe and the US.

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Gấc capsules product

Lyco-Prevent is a health-protecting functional food from PhytoGacTM, a trademark registered in the US and some Asian countries, containing high levels of Lycopene and Beta-Carotene extracted from Gac fruits thanks to OPTI technology. The product is packed in soft capsules to keep drug substance stable throughout the use period.

Lyco-Prevent helps protect liver, increase the body resistance, anti-aging, improve the vision and support the heart. PhytoGacTM is Lycopene and Beta-Carotene extract from organic Gac planted according to USDA-NOP and EU Organic - the world’s highest standards in agricultural safety for human and environment.

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Prizes and Certificates

In 2011, Viet Nam’s Business Institute rewarded TH Group as a “Reliable Supplier in Viet Nam 2011” and “Prestige Brand”. During following years, TH won the love and trust from consumers and local governments at different levels. TH Group was rewarded “Viet Nam’s High-Quality Product” prize for three consecutive years of 2012, 2013 and 2014, “Agriculture Enterprise applying High-tech” prize, granted the standards of “ISO 22000-2005 on Food Safety and Hygiene Management” and “ISO 9001-2008 on Quality management” by BVQI. In 2013, TH Group was rewarded the prize of “Trusted Brand” by National Quality Assurance Agency. Moreover, TH was honored as the “Noble Heart” for its contributions to the community and rewarded the “National Golden Quality Prize 2013”.

In February 2015, TH Farm was certified by Asia Book of Records as “The largest centralized hi-tech dairy farm in Asia” and awarded the 3rd-class Labor Order of by the Central Government.

Joining international contests and events, TH products won many big awards: “ASEAN Best Food Award” by the Association of Food Science and Technology ASEAN for three products; Gold, Silver and Bronze Prizes in the Russian Federation; Special prizes in UAE, Korea, The Philippines, etc.

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“Reliable supplier”granted by Vietnam Enterprise

Institute in Nov 2011

“Trusted Brand” in three consecutive years of 2011, 2012 and 2013,

granted by Vietnam Enterprise Institute

“Trusted Brand” in two consecutive years of 2011 and 2012,

granted by Ministry of Agriculture and Rural Development

Certified as “Vietnam High Quality goods” in two consecutive

years of 2012 and 2013 based on the votes by consumers

“Viet’s Brand 2013”granted by Vietnam Union of Science and

Technology Associations on Feb 2013

ISO 22000 on Food Safety and Hygiene Management and ISO 9001:2008

certified by Bureau Veritas

“Loved and Trusted products 2013”voted by consumers on Mar 2013

Prize “Enterprise for Integration and Development 2013” granted by Ministry

of Trade and Industry and VCCIon March 2013

“National Quality Golden Prize” certified by Ministry of Science and

Technology on Mar 2013

3rd Class Labor Order grantedby the State President

“Top 10 the Most Outstanding Enterprises” granted by Ministry

of Trade and Industry

“Top 20 the most Famous Brands”granted by the Intellectual

Property Institute

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Mr. Ngo Minh Hai, the 1st Deputy General Director of TH Group, receiving the certificate of “The Reliable Supplier” in 2011

Mrs. Thai Huong, Chairwoman of TH Group, receiving the 3rd class Labor Order in 2015

Mr. Mandal, CEO of TH fresh milk plant, receiving the prize of “National Golden Quality” in 2013

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On February 2015, TH farm was honored as the “Largest Hi-tech industrialized and centralized dairy farm in Asia” by Asia Book of Records.

This event marked a significant milestone and was an honor for the agriculture and dairy farming in Vietnam in general, to TH Group and TH true MILK brand in particular. Once again, the brand TH true MILK is strengthened in the international market.

On 25th June 2015, at the ASEAN Food Science and Technology conference organized in Manila, the Philippines, TH was awarded the prize “ASEAN Best food” for its products (TH UHT Calcium added fresh milk, TH School Milk and TH TOP KID).

Mrs. Thai Huong and other TH Group’s leaders receiving “ASEAN Best Food” prize in 2015

Mrs. Thai Huong and another leader of TH Group, receiving the certificate of “Largest Hi-tech Industrialized and Centralized diry farm in Asia”

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Signing MOU for Organic milk project at TH true Milk in Viet Nam

On December 2015, Control Union granted Organic Certificates to TH Herbals and FVF, two companies of TH Group for their 37 organic fresh vegetables and fruit and 5 organic herbs (used as raw materials for Total Happiness Naturals drinks sold in the US market).

TH Group has made a pioneer mark being the first enterprise in Vietnam to sign agreement to develop Organic dairy products under the brand TH true Milk according to the European and American standards.

December 10th, 2016: TH dairy farm was granted the golden cup of “Organic dairy farm for community health”.

On December 10th, 2016, during the 1st Ceremony to honor typical examples of Organic agriculture model held by the Vietnam’s organic agriculture association (VOAA), TH dairy farm was voted “Organic dairy farm for community health” by torganic agriculture experts, and became the only farm meeting all strict standards to win the cup.

On November 30, 2016, TH Group received the Vietnam National Brand Certificates for its brands of TH True MILK (fresh milk category), TH Topkid spoonable yogurt, TH School Milk; TH True Yogurt (drinking yogurt category).

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On 21st February 2016, at Gulfood Awards ceremony iof the 7th World Food Exhibition Gulfood Dubai organized by the World Trade Center at Dubai (UAE), TH Group – the owner of TH true Milk brand - was honored to get 3 of the 21 top awards. They are Gulfood Outstanding Achievement Award for Mrs. Thai Huong – Chairwoman of TH Group; Best Health Education Initiative Award for TH school MILK and Best New Frozen or Chilled Product Award for TH true Yogurt matcha (green tea).

The ceremony was attended by more than 1.000 leading policy makers, famous chefs, exhibition organizers, consumers and reporters. These are the prestigious awards to honor individuals and enterprises taking lead and winning outstanding achievements in food and beverage industry worldwide. TH was the first enterprise from Vietnam to win Gulfood awards.

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In September 2016, TH’s Topkid Chocolate pasteurized yogurt and Topkid UHT drinking yogurt (Strawberry and Banana – Barley flavors) won Gold Awards of “Product of the year 2016” at the WorldFood Exhibition Moscow 2016. The awarded products, being highly appreciated by the jury board for their taste and made of completely natural raw materials in a unique way, had proven the ceaseless innovative capability of TH Group.

On 14th September 2017, at WorldFood Moscow 2017, the herbal beverage products of TH true HERBAL won Golden Award, TH true MILK Organic won Best New Product Award.

On September 2015, TH true Milk made first participation to WorldFood Exhibition organized in Moscow, Russia and got great victory when 7 products put in the Tasting Contest all won prizes: 3 Golden Prizes, 3 Silver Prizes and 1 Bronze Prize.

PRIZES WON IN RUSSIA

TH won 7 international prizes: 3 Golden Prizes, 3 Silver Prizes and 1 Bronze Prize in the Tasting Contest at WorldFood Moscow, September 2015

Representative from TH receiving 2 Golden Prizes at WorldFood Moscow 2016

Representative from TH Group receiving “New Best Product Award” for TH true MILK Organic

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October 2016: Mrs. Thai Huong received Thanh Giong Award

Celebrating Vietnam Entrepreneurs Day 13/10, Vietnam Chamber of Commerce and Industry (VCCI) associating with Central Committee’s Commission for Emulation and Reward elected Mrs. Thai Huong - Chairwoman of TH Group – to be the Businesswoman of the Year - Thanh Giong Award. The Award was given by the Prime Minister - Mr. Nguyen Xuan Phuc to Mrs. Thai Huong. The Award was a tribute to business leaders having outstanding accomplishment in business and actively participate in social activities in 3 years (2013 - 2016). Mrs. Thai Huong was highly appreciated for her contribution to Vietnam dairy industry.

October 2016: TH proudly received Vietstock award of “Vietnam’s best dairy farm”

On 19th October 2016, TH Farm - a member of TH Group providing fresh raw milk for TH true MILK branded products - was granted Vietstock Award of “Vietnam’s best dairy farm”. The award was based on three criteria: advance technologies, Global Gap certification, and consumer favorite.

July 2016: Korean International Women’s Invention Exposition

UHT fresh milk Collagen added from TH Group was “doubly” awarded Golden prize and Special Prize for the outstanding creativeness. In addition, UHT fresh milk Calcium added from the Group also won Silver prize.

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Mrs. Thai Huong voted as one of the Top 50 Asian most Powerful Businesswomen by Forbes Magazine

Mrs. Thai Huong was acclaimed as “powerful dairy woman” of Vietnam after she had continuously been chosen as Asia Top 50 Most Powerful Businesswomen in 2015 and 2016 by Forbes. She was appreciated for the revolutionary achievements in Vietnam dairy market. She helped increase fresh milk segment market share to 34% at present from 8% in 2008 (when TH true MILK was founded). Forbes also recognized Mrs. Thai Huong’s contributions to Viet Nam’s agriculture when she determinedly realized her investment strategies of producing safe clean organic agricultural products, establishing agricultural markets, exporting Vietnam products globally.

February 2017: Mrs. Thai Huong listed in Vietnam Top 50 Most Influential Women by Forbes Vietnam

On 28th February, Forbes Vietnam released the list of the top 50 most influential women in Vietnam, Mrs. Thai Huong was a prominent businesswoman on this list who was remarked as the leading entrepreneur in the dairy industry.

Previously, in 2016, Forbes Vietnam also listed her as one of the Top 20 Most Influential Women in Business of Vietnam and highly appreciated her endeavor and persistence that helped to achieve her business success.

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March 5th, 2017: Mrs. Thai Huong received “Global Trade Ambassador of the Year” Award

The award was granted by Los Angeles International Businesswomen Association for her crucial role in the development and distribution of herbal drink products – bringing Vietnamese herbal brand to the US market.

ASEAN Business Women Award

On 5th March 2016, in Ha Noi, Mrs. Thai Huong was honored with “ASEAN Business Woman” award. This is an award co-organized by Vietnam Chamber of Commerce and Industry (VCCI), the Association of Southeast Asian Nations, and the Ministry of Labor, Invalids and Social Affairs (MOLISA).

Mrs. Thai Huong with prominent ASEAN business women

Mrs. Thai Huong honored with the Asian Entrepreneurship Award

On 19th December 2017, in Ho Chi Minh City, Mrs. Thai Huong was honored with the Asia Pacific Entrepreneurship Award for outstanding business leaders with excellent performance and innovation in Vietnam. When it came for business competency assessments and interviews with nominated entrepreneurs, Enterprise Asia representatives were impressed by her strength and determination.

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16th April 2017: TH true MILK won Green Product Award 2017

With the motto “be kind to mother Earth and mother Nature”, TH true MILK strives to improve its farming and production towards fresh and green conditions. The efforts were recognized by “Prestigious product for people’s health and Green product 2017” award, which was given by the Vietnam Food Science and Technology Association.

2nd April 2017: TH true MILK won National Quality Award

The award was given to TH Milk JSC, the entity operating TH’s fresh milk factory. TH true MILK has been well-known as the pioneer on the dairy market and the leading fresh milk supplier. This was the second time TH true MILK was honored with this award. In 2013, the Company took part in the National Quality Award Competition and won the gold prize after satisfying all strict requirements from the judging board.

April 2017: TH true MILK was given Vietnam Top Trade Services Award by the Ministry of Industry and Trade

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Mrs. Thai Huong received the “Responsible Business Leadership” Award in June 2018

On 1st June 2018, in Manila, Philippines, TH Group received the double awards of “Responsible Business Leadership” for Mrs. Thai Huong and “Health Promotion” award for the project of “Organic Milk Production and organic food product development”.

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Government’s supports

“TH has stepped in a new area. I think it is a necessary step that needs to be encouraged. We thank you for your efforts. We will always be by your side to share all challenges and difficulties and help you. The State’s policies are to support and to create the best condition for the investors. I also appreciate Nghe An government for their efforts to support the project. While the country is moving towards the industrialization and modernization, the agriculture should be modernized and professionalized accordingly”.

Former State President Nguyen Minh Trietstated during his visit to TH Group on April 4, 2010

During 9 years since its establishment, TH Group has been strongly supported and encouraged by the central and local governments as well as the consumers nationwide. The great supports do contribute to the excellent achievements of the Group.

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President Truong Tan Sang paid a working visit to TH dairy farm and TH fresh milk processing plant.

On 8th August 2015, Mr. Truong Tan Sang, Politburo Member, President of the Socialist Republic of Vietnam, paid a working visit to TH farm and milk factory in Nghia Dan, Nghe An.

The State President and his delegation visited high-tech agricultural production models of the Group. They visited grassland for planting sago; cow farms, and milk production modern lines. Having seen the most modern production model in the world of international quality at TH, State President highly appreciated the closed chain “From grass to glass” of the Group.

State President Truong Tan Sang affirmed that TH’s high-tech dairy project in Nghia Dan with the scale of up to 1.2 billion USD invested by Bac A Bank contributed not only to positive socio-economic changes in the western Nghe An, but also drastically change the milk market and bring Vietnam milk products to global market.

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“Being successful at such a fast pace with great determination, the leaders and all employees together with the expats at TH Group realized the utmost expectation that Uncle Ho (Late President Ho Chi Minh) had for our people and country”.

Former General Secretary of theParty Nong Duc Manh stated during his visit to TH Groupon May 19, 2011

“I highly appreciate the creative thinking which is in line with the guidelines of the Party and the State government in developing agriculture and rural areas. I hope all TH people will try your best, with great determination to make this a successful project. Nghe An local administrators as well the central government and ministries will wholeheartedly support this project so that it will be implemented as scheduled and planned, and successfully achieve its targets”.

Prime Minister Nguyen Tan Dungaddressed at the opening ceremony of TH Fresh milk plant on July 9, 2013

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“I am sure that the great success we have seen today is triggered from an immerse love for this homeland, our country and people. However, love only is not enough; there must be a strong will to overcome numerous obstacles and difficulties to pave the way to development. This is not only about a project but the development future of the region”.

Mr. Nguyen Sinh Hung,Chairman of National Assembly visited TH Group on November 30, 2011

At the launching ceremony of TH True MILK on 26th December 2010, Mr. Truong Vinh Trong, Member of the Politburo, former Deputy Prime Minister, highly appreciated the huge efforts of BAC A BANK and TH Group to dare to invest USD1.2 billion in agriculture to provide domestic consumers with fresh milk. TH true MILK products are the first corner stones for the development of a brand with international standard right here in Viet Nam.

Mr. Truong Vinh Trong,Member of the Politburo, former Deputy Prime Minister visited TH Group on 26th December 2010

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On the working visit at TH Group dated on 3rd June 2011, Deputy Prime Minister Nguyen Thien Nhan expressed his appreciation to the practical and long-term contribution of TH Farm to the improvement of the local living standard and economic development regionally and nationwide. He believed that it is a right for TH to go for a healthier, happier and fresher life for the whole country in the future.

Deputy Prime Minister Nguyen Thien Nhan stated during his visit at TH Group on 3rd June 2011

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“The Government always supports and will make suitable policies to encourage big enterprises like TH to become the central nucleus with positive influences on local socio-economic development and security.

I highly appreciate your application of the world cutting-edge technologies in a closed process in dairy farming and fresh milk production, here at TH Group. With such, it can be confirmed that the fresh milk of TH is of high quality and nutrition, satisfying the demand of food safety requirements”.

Mrs. Tong Thi PhongMember of the Politburo, Vice Chairman of the National Assembly visited TH Group on 14th May 2010; 21st February 2011 and 18th April 2013

“With this fruit processing plant in Son La province, Mrs. Thai Huong and TH Group have contributed to the implementation of our national policy supporting the border area, contributing to protecting the frontier region of our country”.

Mrs. Tong Thi Phong, Member of Politburo, Vice Chairman of the National Assembly at the Groundbreaking Ceremony of Son La Project, 1st January 2018

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“TH dairy projects have achieved remarkable successes so far; TH true Milk brand has gained consumers’ trust and love. More than 1,000 local youngsters have been employed by TH. Tax from the projects has also contributed to the local budget for the regional economic and social development. Phu Quy highland has a chance to become a model rural area. Therefore, it is worth to state that the successes achieved by TH are also the successes of the Party, the government and people in Nghe An province”.

Mr. Phan Dinh Trac, a member of the central Party, Deputy Director of the Central Home Affairs Department, former Party Secretary of Nghe An province visited TH Group on 15th May 2011 and 9th July 2013

The projects of TH Group have received strong supports from the local government. In Quy Hop - Tan Ky - Nghia Dan-Thai Hoa inter-town planning project for the period 2012-2030, vision to 2050 of Nghe An province, the investment projects by TH group are considered as the breakthrough. In 2012, the Standing Committee of the Provincial Party Committee had a meeting with TH Group, where its Chairwoman – Mrs. Thai Huong presented implementation plans, timelines, progress as well as the advantages and difficulties of the mentioned above projects. The leaders of Nghe An province directed and requested the related bodies to fully play their responsibility and closely coordinate with investors to realize these important socio-economic development plans.

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“Ten years ago, Nghia Dan was an empty land, and now it is seen with TH’s very well-planned and constructed farm. That is a heart-warming scenery. TH farm is a model for other businesses to follow. This achievement should be highly appreciated”.

Mr. Nguyen Thien Nhan - Member of the Politburo Chair of the Central Committee of the Vietnamese Fatherland Front visited TH farm in December 2016

Iinvesting in fresh milk production is a right decision. It plays an important role in improving physical growth of the Vietnamese. This project also takes the pioneering role in applying high-tech in agriculture in Vietnam. The project has already achieved tremendous success in a short time”.

Mr. Le Kha Phieu, Former General Secretary stated during his working visit at TH Group on 29th June 2012

“The Group has made a breakthrough. This model needs to be promoted so that Vietnamese people can enjoy high quality milk at reasonable price.”

Mr. Nguyen Quan, Minister of the Ministry of Science and Technology, stated during his work visit at TH Group on 25th June 2015

“The success of large scaled dairy production in an area of unfavorable natural conditions like the Western of Nghe An is an evidence of the successful application of high technology. TH true MILK project is a typical model for the revolution on dairy farming and milk production”.

Dr. Dang Kim Son, Director of the Institute of Policy and Strategy for Agricultural Development, Ministry of Agriculture and Rural Development

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With profound vision and right investment direction, TH Group has been successful in establishing the most modern farm of South East Asia on the difficult land of Nghe An, to contribute to the improvement of the local living standards, for sustainable development of the next generations and the country. The achievements are highly appreciated by international community as an example of the modernization and industrialization in developing countries like Viet Nam.

On 24th November 2011, TH Group was honored to receive Mr. Simon Peres, former Israeli President. The President remarked that TH’s dairy project has started a fresh milk revolution in Viet Nam and the region. Being impressed with the strategic vision as well as the ambition and efforts made by the Group, he expressed his belief on the success of TH true MILK, a project which Israeli government committed an investment of USD100 million in 10 years.

“I am very impressed with the strategic vision of the project, especially the energetic enthusiasm of TH Group’s Chairwoman. When I shook her hands, I felt strong energy from this small businesswoman, I do believe in the success of TH true MILK, the project that the Israeli government has committed to make an investment of $100 million in 10 years”.

International supports

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During the work visit at to TH Farm on 9th April 2012, Mr. Somsavat Langsavad, Deputy Prime Minister of Lao PDR, expressed his admiral to TH Group and asserted that the project was an example of the good realization of Vietnam’s agriculture policies.

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During the business trip to Vietnam on October 2013, Mr. Yair Shamir - Minister of Agriculture and Rural Development of Israel spent time for business discussion with Mrs. Thai Huong, General Director of Bac A Bank cum TH Group’s Chairwoman. The Israeli Minister appreciated the achievements of the industrial-scaled and centralized dairy cow farming and milk production project of TH Group. He asserted that: “I believe the cooperation between Israel and Vietnam in agriculture in general and the TH Group in particular will become more and more fruitful.”

“We’re really proud that the leading scientific and technical achievements of Israel were successfully deployed in Vietnam. The great success has been delivered thanks to the excellent combination of the world know-how with the sharp intelligence of Vietnamese partner, in this case, it is TH Group”

In November 2013, Mr. Gerry Ritz, Minister of Agriculture of Canada had a talk with Mrs. Thai Huong - TH Group’s Chairwoman - and other leaders of TH Group. At the meeting, the two sides agreed upon a plan to import 10,000 HF milk cows from Canada for TH Group farm in Nghia Dan District within 2014.

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Russian Prime Minister Mr. Dmitry Anatolyevich Medvedev expressed his encouragement for the project of Dairy and food complex deployed by TH Group in the Russian Federation in 2016.

Russian Deputy Prime Minister Mr. Iury Trutnev met with the TH Group on the sidelines of the 2017 Eastern Economic Forum

Mrs. Thai Huong, Chairwoman of TH Group, was the only woman, together with about 40 other investors, to attended the reception to Russian Presi-dent Vladimir Putin at 2017 Eastern Economic Forum.

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On 13th January 2016, in Hanoi, Ambassador of the Republic of Cuba H.E. Mr. Herminio Lóper Díaz paid a working visit to TH Group.

Israeli State President – H.E. Mr. Reuven Ruvi Rivlin - attended the MOU signing ceremony for the implementation of the High-Tech Healthcare complex Project in Ha Noi on 21st March 2017.

Deputy Prime Minister of the Socialist Republic of Viet Nam - Vuong Dinh Hue - and Mrs. Thai Huong welcomed Deputy Prime Minister of Slovakia – H.E. Mr. Slovakia Peter Pellegrini at Vietnam’s Northern Palace during the delegation’s visit in Hanoi.

“This is a very impressive farm and TH has done very pro-fessionally in accordance with international organic stand-ards. I see TH organic farm is at the same standard to the ones in our country Australia or any others in America, Eu-rope and Japan. “

Mr. Andre Leu President of The International Federation of Organic

Agriculture Movements (IFOAM) in his visit to TH’s organic dairy farm on April 2017

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Mdm. Thai Huong welcomed New Zealand Prime Minister - Jacinda Kate Laurell Ardern before a session at APEC 2017 Summit

Mdm. Thai Huong met with US President Donald Trump during APEC 2017 Summit

Mrs. Thai Huong attended and spoke at the APEC 2017 Summit in Da Nang (Vietnam)

“Many great men have come through this life and become rivers, streams, and the spirits of the nation. They are re-membered for doing good and kind things to the community. I also think that we should be kind and whole-hearted in anything we do. The light of the humanity in our brand will lead the way for us. With such, if we mission our brand “For Public Health” for all our products, then we should be successful in any circumstance”.

Quoted from Mrs. Thai Huong’s speech at the APEC Forum

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TH - For Vietnamese StatureProducing fresh milk “with the heart and kindness of the mother”, promoting the initiative of “Social Mother” in the School Milk Program, TH has help making milk accessible to more Vietnamese children. TH also pioneers in Education innovation with the ambition to provide Vietnamese children the world-class education, support them to become global citizens who still appreciate their native culture and identity. In addition, TH cares about and assists the disadvantaged through its various charity and voluntary activities.

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School Milk - For Vietnamese StatureFrom the passion of the Group’s top leader…

According to Mrs. Thai Huong, school milk is a critical solution to children’s healthcare and great contribution to the comprehensive development of next generations of the country.

The golden age group mentioned by Mrs. Thai Huong consists of children at pre-school and primary school age. A lot of researches show that about 54% of maximum height can be reached when a child is 3 years old, 32% at about 12 and the remaining 14% at 18. That’s why it is important to let the children, especially the pre- and primary school ones drink milk provided by School Milk project for their better physical and intellectual development.

Through the program “School Milk for Vietnamese Stature” with TH SCHOOL MILK, TH Group strongly communicate its message that “The National School milk program is successful only when the dairy products made from standardized fresh milk added with essential nutrients are available”.

The product TH School MILK has realized the passion of Mrs. Thai Huong, Chairwoman of TH Group’s: “We have to join hands in the unanimity with the hearts and minds of the mothers to produce the best quality milk for our children”

... to the glass of fresh milk for a golden generation…

TH Group, under the leadership of Mrs. Thai Huong, conducted researches and successfully developed TH SCHOOL MILK. The formula was scientifically consulted and clinically tested by the National Institute of Nutrition with the consultancy of Doctor Frank Wieringa – a nutritionist from the French National Institute of Nutrition.

TH SCHOOL MILK was used by 4,200 students in 15 kindergartens and primary schools in Nghe An. On evaluation of this program’s result, Associated Professor Nguyen Thi Lam - Vice Director of the National Institute of Nutrition shared: “The research findings made by the National Institute of Nutrition shows that adding one bottle of TH SCHOOL MILK to the kids’ daily diet helped improve their nutrition status regarding the indicators of both height and weight and decrease the micronutrients deficit”.

Since 2015 – 2016 school year up to now, TH Group has been co-operating with the Central Government to implement the school milk program in Nghe An province and then expand the program to other provinces.

The program has created a revolutionary improvement in the nutrition status of school-age children, ensuring social equity goals: funding students according to their family economic conditions to assure that all School children get the School milk. Successful implementation of the Program has contributed significantly to the Government’s implementation of the Master plan for physical development of the Vietnamese. This is also the achievement of manpower development, enhancing the competitiveness of Vietnam’s labor force.

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Kick-off Event “Join Hands For Vietnamese Stature” 2014

Mr. Vu Duc Dam, Deputy Prime Minister at the Kick-off Event “Join hands For Vietnamese Stature” 2014

Kick-off Event “Join hands For Vietnamese Stature”

Minister of Health – Mrs. Nguyen Thi Kim Tien at the Event “Join hands For Vietnamese Stature” 2014

In his speech to the event, Deputy Prime Minister Mr. Vu Duc Dam highlighted that “Let’s join hands for the children to be brought up with breast milk and high quality dairy products imbued with love, responsibility, confidence and pride as well. The sentiment and pride are seen not only through volunteer or charity activities but also through the brilliant examples in business and production of Vietnamese enterprises who promote Vietnamese business culture with the intelligence, creativeness and desire to rise up for a sustainable Vietnam”.

On 4th September 2014, the Ministry of Health, Ministry of Education and Training of Viet Nam in cooperation with TH Group kicked off the program “Join Hands for Vietnamese Stature” in Hanoi. It was an important event to call for various resources for the School Milk proposal - one of the six components of the project approved by the Prime Minister to improve the physical and stature of the Vietnamese in the period of 2011 - 2030.

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Implementing the School Milk program - For Vietnamese Stature, on 9th October 2015

“Studies show that children from 0 to 12 years of age grow up to 86% of their physical and mental potential, but for certain reasons, some mothers do not pay proper attention to nutrition for their children, including milk consumption” asserted Mdm. Thai Huong. “Being aware of the necessity of School Milk Program, TH Group has proposed supportive mechanisms and called for community’s involvement to implement the program immediately. We believe that mothers will understand that to enable milk consumption is to not let their kids miss the development opportunity at the golden ages. A day delayed for School Milk program means a day the children missing the opportunity”.

The Ministry of Education and Training, Ministry of Health, People’s Committee of Nghe An province and TH Group jointly organized the kick-off ceremony of school milk program - For Vietnamese Stature. The United Nations Food and Agriculture Organization (FAO) was one of the supporters of the event.

Deputy Minister of Education and Training Nguyen Thi Nghia awarded certificates of merit for education reform to Mrs. Thai Huong.

Member companies of TH Group donated to the School Milk program - For Vietnamese Stature.

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The live broadcasting program was aimed to kick off the implementation of Government Decision 1340/QD-TTg (dated on 8th July 2016) approving the School Milk Program to improve nutritional status, contributing to improving the stature and physical strength of kindergarten and primary students. This decision was a strong move of the Government in implementing the School Milk program.

The typical model mentioned in the live broadcast program is TH Group’s way of doing which focuses on three main issues: contributing to the development of school milk standards (conducting clinical research and producing fresh school milk - TH school MILK); proposing initiatives on supporting mechanisms so that poor/pro-poor students can drink school milk; proposing finance solutions through the school milk account for poor/pro-poor children to get the milk.

Also at the event, Mrs. Thai Huong proposed the idea of SOCIAL MOTHER. TH Group committed in 5 years (2016-2021) to support the cost of school milk products worth 200 billion VND through the account “School Milk for Vietnamese Stature”.

This program has proven to be nutritionally effective. In 2015-2016, the rate of height/weight malnutrition in kindergartens in Nghe An decreased by 2.07% on average. In the 2016-2017 school year, the height/weight malnutrition decrease rate in kindergartens increased from 2.39 to 2.78%, higher than the average decrease recorded in the out-of program-schools.

Live Broadcasting “School milk - For Vietnamese Stature” on 28th September 2016

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Letter to mothersThe wholehearted love from mothers for their babies is always the greatest. What a mother can do for her kids, she will do. In 9 months and 10 days, the babies grow up inside the mothers’ bodies, nurtured by their mothers’ nutrition. During the first months of their lives, the new-born are brought up by breasts. The toddles take their first steps towards their mothers. The first word a baby speaks out is “mom”, the first lesson they learn is from their mothers. Mothers always protect their children in their arms. They provide their children with tireless wings to fly them to shining horizons where the kids want to explore.

But sometimes, mothers accidentally miss their babies’ opportunities. What I want to mention is that many Vietnamese mothers do not understand that after weaning, the children have only about 10 years to significantly growth their physics and stature for their whole lifetime. Whether our children are tall, strong, and healthy or not, it depends on the nutrition they get during this golden period.

Many may not understand that Vietnamese daily meals lack up to 40% of calcium needed for the growing children, many children suffer from anemic, zinc, micronutrient deficiency due to inappropriate diet. The mother’s love is endless, but the limited understanding of nutrition or economic difficulties condition or many other reasons may make the mothers unintendedly unable to provide the best to their kids.

There is a solution that I want to present in the following, it is simply-called “School milk”.

Researches have shown that taking high-quality fresh milk daily can contribute significantly to nutritional needs and provide about 30% of the body’s required amount of zinc and iron. The Food and Agriculture Organization of the United Nations has confirmed fresh milk to be the most complete feed for growing children.

Mothers should also be noted that milk of clear origin, quality assurance, with micronutrient supplementation, being appropriate to physical conditions is the optimal solution.

Get your children drink milk to not miss the growth opportunity at the golden age. A day delayed of the School milk Program is a day the opportunity passes by.

With sincere wishes from the heart of a mother, I expect you the mothers to act for your children’s future, and for the stature of a whole generation of Vietnam.

Sincerely,Thai Huong

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Game show “CONQUER” - Vietnam’s Brainiest Kid

The contest is for the smartest and most determined secondary students of Vietnam.

TH Group always aims for community’s benefits with a wholehearted business philosophy. It always takes into account the responsibility to the society, particularly to young generation which is the future of the country and should be provided with the best resource to develop comprehensively. The mission “For Vietnamese Stature” has been the guideline of TH since its very early days. The mission is being realized through two main projects which TH has committed to and implemented since 2010; they are “Nurturing Talents” and “Glasses of School Milk”.

TH understands that the comprehensive development will enable Vietnamese children - the country’s future generation, to compete with children in more advanced countries in all aspects: physical, intellectual and spiritual development. This is also the motivation for TH Group to invest into education shows on television, starting with the how of “CONQUER” - Vietnam’s Brainiest Kid”.

This is the first step of the project “Nurturing Talents” for a sustainable and strategic education development. The project also initiates a new education concept - that is to form up personality and train successful life skills to teenagers through two main channels, TV and school. TH is ambitious to take the lead in developing and popularizing this modern and convincing education model.

Providing both study challenges and entertainment opportunities, Vietnam’s Brainiest Kid program is a promising and fascinating game show where students exchange knowledge and compete for the prize of The Smartest and Most Determined students of Vietnam”.

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For Vietnamese Stature FoundationMISSION AND VISIONFor Vietnamese Stature Foundation, established on 16 February 2014 under the Decision No. 1288/QD-BNV of MOHA, is a social-charity-non-profit fund aiming at improving the physical and mental strength of Vietnamese children for a prosperous Vietnam.

CORE VALUES • For Vietnamese stature • Community Connection • Humanity promotion and nurturing

THE FOUNDERS • TH Milk Food Joint Stock Company • TH Milk Joint Stock Company • TH Food Chain Joint Stock Company

LEADERSHIP

Mrs. Thai HuongChairwoman

Mrs. Tran Thi Nhu TrangDirector

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PROJECTS & ACTIVITIES

NETWORK CONNECTION• The Foundation is a member of national and international networks, such as the CSO Partnership for Development Effectiveness (CPDE), and the Working Group for Children Rights in Viet Nam.

• The Foundation has good relationships with central and local government agencies (the Ministry of Health, Ministry of Education and Training, Ministry of Labor, Invalids and Social Affairs, Committee for Ethnic Minority Affairs, Trade Union of Hanoi Industrial and Export Processing Zone, etc.) as well as other development organizations and businesses.

• The Foundation has successfully raised funds for the School Milk Program - for the Vietnamese stature through Global Giving website. It is the largest online fundraising portal in the world connecting individuals, corporates, institutional donors worldwide and projects that need supports.

• In 2017, the Foundation was awarded two prizes by the “Inspiring CSOs” Program: i) good transparency and accountability; ii) excellent model for development effectiveness. The program was co-organized by Irish Development Cooperation and Center for Sustainable Management Studies.

• 2014 – 2017: Being the partner of the School Milk Program in Nghe An

The Foundation adopts a mission to implement media campaigns to raise awareness among the community about nutritional rights of children; provide financial support for the disadvantaged children in the school milk program.

School Milk Program - For Vietnamese Stature

December 2017: Mrs. Tran Thi Nhu Trang - Director of the Foundation donated 202,000 glasses of school milk in Nghe An

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• 01/6/2017 - 31/5/2018: Nearly 117.000 glasses of school milk were donated to more than 800 students of To Quyen Kindergarten (Van Giang district, Hung Yen province).

• 22/10/2017: Family Day - For true happiness, attracting about 3,000 participants, successfull raising of nearly 1.5 billion VND for the program “School milk - For Vietnamese stature”.

• 26/9/2017 - 29/10/2017, For Vietnamese Stature foundation cooperated with the Management and Sustainable Development Institute (MSD) to launch the campaign “LOVE FROM NUTRITION”, aiming at raising community awareness and practice of adequate and proper meals. The campaign was designed with diverse and innovative media activities:

- “The Story of Kindergarten” writing contest: attracted more than 150 entries from all over the country.- “The Story of Kindergarten” drawing contest: More than 100 children aged 5 to 12 altogether created creative stories about nutrition from their point of view.- “I do not want to be food grinder” workshop: provide parents with knowledge and skills in nutrition care for children under 12.

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• 2016 and 2017: Mrs. Thai Huong – the Founder cum Chairwoman of Management Board and representatives of the Foundation - donated 900 million dong in total (300 million VND/time) to the Fund for Poor Patients of the Central Obstetric Hospital. The donation is available to poor pregnant women, patients and infants at hospital.

• 2017 to 2020: The project “Mother and baby - for Vietnamese stature” is implemented to enhance knowledge and skills of workers at industrial zones about nutrition, mental, physical and reproductive healthcare.The first phase of the project included a training course and 16 communication sessions in Thang Long Industrial Park, Hanoi, from July to December 2017, in collaboration with the Trade Unions of the industrial and export processing parks in Hanoi. In addition, the project also provides leaflets on nutritional care for infants and pregnant women, mental health care for pregnant women and little kids’ mothers, etc.

- “Love from Nutrition” Fanpage: attracted more than 400 parents and people interested in the rights and health of children.- “Love from Nutrition” festival: held at Dong Kinh Nghia Thuc Square - Hoan Kiem Lake, Hanoi, provided parents and children with a space for learning, playing and creativity. Parents had an opportunity to learn more about how to provide adequate and proper nutrition for their children; the children’s awareness were raised about their nutritional rights.

Health program for pregnant mothersTo raise awareness and skills for women at reproductive age, especially pregnant women - for physical and mental

development of the future children.

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“Nurturing young talents” ProgramSeeking for and supporting initiatives to promote children’s nutritional and study rights; granting scholarships for talented students to contribute to human resources development for the nation; partnering the game show “CONQUER - Vietnam’s

Brainiest Kid” broadcasted on VTV6 aand warding scholarships to the winners of the contest at TH school.

• The Foundation has granted VND69.8 billion of “For Vietnamese Stature” scholarships: Covering total fee for scholarship holders studying at TH School during 2016 - 2017 and 2017 - 2018 school years.

• Since September 2017: Partnering with the Centre for Social Initiatives Promotion (CSIP) and some other organizations to develope the format for the competition of “SOIN (Social Innovation) Challenge”. The purpose of SOIN Challenge is to find out and support initiatives that address social issues, especially those that promote children’s education and nutrition rights.SOIN Challenge 2017 was launched with the message “I create” and attracted 150 ideas focusing on the fields of nutrition/health, education, agriculture, environment and society.

• Joining hands to nurture a golden generation of the country by accompanying the growing up excellent contestants of the Brainiest Kids Game Show. During 2017 - 2018 school year, the Foundation and TH School granted VND1.5 billion for all of the game show’s prizes and awards.

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Voluntary & Charity activitiesIn addition to programs for children’s physical and mental improvement for a mighty Vietnam, For Vietnamese Stature

Foundation regularly carries out voluntary and charity activities.

• Be a partner and sponsor of”Tet for the poor” program (from 2014 to now).

• Be a partner and sponsor of the “Red Sunday – Blood Donation” program (from 2014 to now).

• Partnered with the Foundation of “Poor Students in Mountainous Areas” to build Tham Pung School in Pu Xi Commune, Tuan Giao District, Dien Bien Province and collaborated with Ho Chi Minh Communist Youth Union of North Asia Bank to established Tham Hang School in Muong Hung district, Nghe An province.

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ACTIVITIES FOR CONSUMERS’ RIGHTSWith the philosophy “Protecting consumers is to protect ourselves” and to enable consumers to make the best choices, TH has raised its voice to be the first enterprise to ask for the transparency of the dairy market in Vietnam. One of the decisive criteria for the product quality is the input materials which must be stated clearly and fully on the package like the way TH has been doing with all of the Group’s products.

On 27th November 2012, in Hanoi, TH Group in cooperation with Vietnam’s National Institute of Nutrition held an international seminar on milk and the launching ceremony of 3 UHT nutrients added products for adults. The seminar attracted more than 500 participants, including leaders of the Ministry of Industry and Trade, Ministry of Health, Ministry of Agriculture and Rural Development; nutritionists and dairy experts from international organizations such as WHO, FAO; the representatives from research institutes, consumers’ association, distributors and numerous press and media agencies.

On 28th November 2013, in Hanoi, the international seminar of “Hi-tech application and sustainable development for fresh milk production in Vietnam” was held by Institute of Policy and Strategy for Agriculture and Rural Development, the Association of hi-Tech Enterprises and the Embassy of Israel to Viet Nam. The Seminar was attended by representatives from international organizations and research institutes located in Vietnam.

The seminar discussed two main topics: 1) milk production and consumption trends in the world and Vietnam; 2) the application of high technologies in agriculture and dairy farming in Vietnam.

A lot of reports by international and local experts clearly pointed out the existing issues of Vietnam’s dairy industry in comparison with other countries’, particularly the import deficit due to the shortage of fresh raw milk. At the seminar, Mrs. Thai Huong shared that: “Milk is a special product which should be treated as a strategic agricultural commodity, even though this commodity occupies small share of the GDP, it delivers critical influence on the development of human. I am determined to pursue the fresh milk cause not because of the profit, but for the development of the country, for Vietnamese Stature”. She also requested the functional authorities to step in the revolution and take strong actions to boost up the sustainable growth of Vietnam’s agriculture in general and the dairy industry in particular.

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Women Club of “Perfect Beauty”

The Club named “Women with Perfect Beauty – For Vietnamese Stature” was born to connect women nationwide to join hands in social activities, to create material and spiritual values for common interests of the community, FOR VIETNAMESE STATURE. With that philosophy, the Club supports activities to unveil hidden beauty and good-nature of women, so that they are really happy and able to contribute to the country’s development.

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Phong Phan Pagoda was established

nearly 300 years ago in the town of Xuan

An, Nghi Xuan district, Ha Tinh province.

Phap Dien Pagoda in Hong Thai village,

Lac Hong commune, Van Lam district,

Hưng Yên province.

Quan Am pagoda in Xuan Canh

villages, Xuan Canh commune, Dong

Anh district, Hanoi.

Ba Da Pagoda was built in

1056, located on the bank of

Hoan Kiem (the Sword Lake).

Bang Pagoda locates in Bang

A, Hoang Liet Ward, Hoang

Mai District, Ha Noi.

Van Nien Pagoda is in Ve

Ho Village, Xuan La Ward,

Tay Ho district, Hanoi.

Nom Pagoda is in Nom

village, Dai Dong commune,

Hung Yen province.

SOCIAL ACTIVITIES

Bearing in mind the Buddhist philosophy of “Good citizens, good religious fellow”, BAC A BANK and TH Group have donated to restore many ancient pagodas in Hanoi, Nghe An and Ha Tinh as they are the spiritual destinations for Buddhists where they practice their religion. The restoration contributed to social security and protection of invaluable cultural assets of the country. The pagodas are not only the places for community to incline to the good, to pray for the national prosperity and peace, but also a “school” to provide retreats to teach the youth how to listen and improve themselves. As the result, the kindness, happiness, and peace will be promoted widely in the society.

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Mrs. Thai Huong and Mr. Gil Inbar – former CEO of TH Milk Food JSC, presenting scholarships “For Vietnamese Stature” to excellent students.

SOCIAL ACTIVITIES

During its development, TH Group has been consulted based on a profound vision by BAC A BANK. With the business philosophy of defining the organization’s benefits in line with the country’s, not seeking for maximum profits but optimize the benefits so in all activities to bring about practical benefits to the community, been consistent to pave the way for the sustainable development of Vietnam.

Mr. Phan Dinh Trac, a Member of the Central Party, Deputy Director of Central Home Affairs Department, former Provincial Party Secretary of Nghe An, Mrs. Thai Huong and the other provincial leaders launched the campaign of “Learning and Living up to the Greatness of President Ho Chi Minh”.

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Thanks to the donation of Bac A Bank and TH Group, Chu Van An Secondary School now is spacious and well-equipped with 3-storey buildings and a large volleyball yard.

To wing up educational dream of outstanding students, since 2011, TH Group has delivered For Vietnamese Stature scholarships to 10 best university students with direct support of 1 million VND/month for each throughout their university years.

SCHOLARSHIP PROGRAMS – SCHOOL BUILDING FOR VIETNAM’S INTELLECT

Intellect and health are the most precious assets of human beings. BAC A BANK and TH Group have shared the desires and joint efforts for better educational environment for the next generation of Vietnam

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BAC A BANK and TH Group also conducted charity activities together with Vinh University’s Home Club with timely financial and spiritual supports, which not only released the economic burdens but also encouraged and inspired students to overcome their difficulties. As the result, they are more confident to be better and more dynamic students. Some were sent for internship in Israel, some were recruited to work at Vinh University.

To express gratitude to officials and soldiers at Truong Sa Islands, BAC A BANK and TH Group in cooperation with Thanh Nien (the Youth) Newspaper granted 250 scholarships to children of the officials and soldiers living in the Spratly Islands. Each scholarship valued 5,000,000 VND.

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In addition, TH Group has been delivering thousands of glasses of milk to children who are suffering fatal diseases at E Hospital, HCMC Tumor Hospital, Children’s Hospital 2, SOS Children Village, the orphans, the poor, and the disadvantaged.

From 2012 to 2016, TH committed to sponsor the surgery cost of 5 billion VND for more than 100 children born with heart defects. It is estimated that TH spent around 1 billion VND each year for 30 cases. The program is conducted in cooperation with Children Protection Fund of Nghe An.

NUTRITION AND MEDICAL CARE SPONSORSHIP FOR PUBLIC HEALTH

TH Group has collaborated with many social organizations to deliver millions of cups of milk to children facing mal-nutrition to help improve their health, study ability, and to make them more confident, physically and mentally stronger right at the first stages of their lives.

TH Group always takes into consideration the interests of the country. Since the fresh milk products of TH true MILK was launched to the market, TH Group has been performing its social responsibility by giving more than 10 million glasses of fresh milk to support social welfare activities nationwide.

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Message from the Founder of TH Group on Sustainable Development

We have overcome the very first challenging steps of development to bring true values when we started offering fresh, clean milk under TH True MILK brand to consumers, bearing in our mind and shining in our hearts the five product core values “For Public Health”, “Truly Natural”, “Fresh Tasty - Nutritious”, “Environmentally Friendly” and “Innovative thinking and harmony of interests”.

The brand “TH True Happiness” speaks for itself, reflecting the spirit of giving and serving uncondi-tionally to provide an invaluable help for communities, or as my statement says, “Treasure the Mother Nature, who gives you everything”. We have gained remarkable achievements by offering glasses of milk made with the Mother’s heart, bringing opportunities to enjoy fresh and clean milk to millions of children through the initiative of “Social Mothers” in the School Milk Program. We have pioneered in education renovation by the True Story of TH School with the strong desire that Vietnamese children could receive excellent international-class education, and become global citizens treasuring our national culture and identities. These activities are such a good reminder of our honored mission with the society. This is our pride, dignity and integrity, with which we can contribute to the blossom and prosperity of the nation. Next generations must likewise take serious actions to continue our mission and journey.

It is my strong expectation that, no matter what positions you are in and where you work, you, as TH members, could share the same feeling and thought with me, confronting the tough challenges and taking the great pride on the journey of “Sustainability”. For we all know ultimately it is the vital path for development. I would like to spread the message that “Sustainability” serves as the guiding light for TH operations and businesses towards everlasting prosperity, being globally recognized and acknowledged with six Sustainability pillars, including (1) Nutrition and Health, (2) Environment, (3) People, (4) Education, (5) Community, and (6) Animal Welfare.

We are making relentless effort on this journey, towards a strong and prosperous nation of Viet Nam, towards a better world, and for the sake of our future generations, leaving behind a legacy that wears the shining golden star and the fragrance of the nature’s beauty.

Hanoi, July 5, 2018

Thai HuongFounder of TH Group

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TH hy vọng trong một ngày không xa, những người con nước Việt có thể

kiêu hãnh nói với bạn bè trên thế giới: “Tôi là người Việt Nam, chúng tôi

tự phát triển, tự chủ trên đất nước Việt Nam, và tự biết mình phải làm gì

để đưa đất nước mình hòa nhập với các cường quốc năm châu trên mọi

phương diện, với một TẦM VÓC VIỆT lớn mạnh hơn!”

“Hopefully one day not too far, the Vietnamese people will tell their friends

around the world proudly: “I am Vietnamese, we ourselves know what we

must do to help our country stride towards a bright futures along with

other strong countries from the five continents, with a stronger VIETNAM-

ESE STATURE!”

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From the desire to soar above to the national pride

GROUP THOpera Business Center

60 Ly Thai To, Hoan Kiem, Ha Noi

Hotline: 1800 54 54 40 | www.thmilk.vn