For immediate release

VietNam Holding Limited

('VNH' or the 'Company')

Share Buyback and Cancellation

VietNam Holding Limited announces that on 20 May 2022, it purchased 57,319 ordinary shares of par value $1 each ("Ordinary Shares") in the Company at an average price of 303.92 pence per Ordinary Share.

All Ordinary Shares repurchased by the Company under VNH's share repurchase programme are to be cancelled upon repurchase. In total, since the last Annual General Meeting the Company has repurchased and cancelled 408,588 Ordinary Shares.

Following the above purchase and cancellation, VNH has 29,296,900 Ordinary Shares with voting rights in issue and no shares held as Treasury Shares.

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.