1

PERFORMANCE REPORT

IN 5M2020

Revenue and profit before taxes (PBT) for the first 05 months of 2020 respectively reached VND 11,199 billion and VND 1,993 billion, up 12.4% and 16.0%, equivalent to 98% and 102% guidance. Profit after tax posted VND 1,655 billion, up 15.6%. PBT margin increased to 17.8% from 17.3% in 5M2019. Summary of YTD consolidated financial performance

Unit: billion VND

Items 5M2019 5M2020 YoY

change vs. YTD

guidance Net revenue 9,961 11,199 12.4% 98% Profit before tax (PBT) 1,719 1,993 16.0% 102% Profit after tax (PAT) 1,432 1,655 15.6% 101% PAT attributed to parent company’s shareholders

1,151 1,325 15.1% 101%

Basic EPS (VND) 1,703 1,950 14.5% 102% Table 1 – Summary of financial performance in 5M2020

Technology Sector contributed 55% to revenue and 40% to PBT. Telecom Sector is accounted for 40% revenue and 39% PBT. Revenue from global market makes up 43% of the total revenue.

55%40%

5%

Revenue by sector

Technology Telecom Education, Investments, Others

11,199 43%57%

Revenue by market

Global Market Domestic Market

11,199

“Revenue and profit before taxes

(PBT) for the first 05 months of 2020

respectively reached VND 11,199

billion and VND 1,993 billion, up

12.4% and 16.0%”

2

PERFORMANCE REPORT

IN 5M2020

Technology sector: The revenue and PBT of technology sector posted VND 6,160 billion and VND 805 billion, up 14.1% and 14.8%, equivalent to 100% and 101% target.

Global IT services: Continuing to be a major service line, Global IT Services recorded the

growth rates of 20.5% and 22.8% respectively for revenue and PBT. Especially, Digital

transformation services contributed VND 1,517 billion to the revenue, up 70% y-o-y. The

majority of digital transformation revenue came from products and services related to

Connected Vehicle, Cloud, Mobile, and AI / Data Analytics.

3

PERFORMANCE REPORT

IN 5M2020

Amid the uncertainty

regarding the global

pandemic, FPT strives

to maintain the level of

services across different

markets, especially in

countries with more

stablized situation in

APAC and EU. In

general, the growth

rates for 5M2020 in

each market are: APAC

53%, EU 20%, US 18%

and Japan 15%.

Domestic IT Services: Still affected by COVID-19, the accumulated revenue and PBT of

Domestic IT Services are still low compared to 2019’s. FPT’s strategy is to offer better

services and product mixes to clients during the pandemic as well as roll out Made by FPT

products.

608

746(+22.8%)

5M2020 5M2020

PBT - Global IT Services

3,983

4,802 (+20.5%)

5M2020 5M2020

Revenue - Global IT Services

53%

23%

9%

15%

Revenue by market

JAPAN US EU APAC

4,802

731

+53%

430

+20%

1,118

+18%

2,524

+15%

4

PERFORMANCE REPORT

IN 5M2020

FPT has just signed the consulting and implementation contract for an ERP system of EVN

HCM. Accordingly, in 06 months, FPT plans to implement Salary Management, Accounting –

Finance, Investment Management, Interest Management. Moreover, FPT will consult and

support the Salary Management system for 25 units of EVN HCM. After the successful project

of FMIS/MMIS with FPT in 2017, EVN HCM partners with FPT to expand further the ERP

system.

I

FPT implements the remaining components of ERP system for EVN HCM to manage the

system more effectively

9359 (-37%)

5M2020 5M2020

PBT - Domestic IT Services

1,416 1,358 (-4.1%)

5M2020 5M2020

Revenue - Domestic IT Services

5

PERFORMANCE REPORT

IN 5M2020

Telecom sector: Revenue and PBT reached VND 4,475 billion and VND 769 billion respectively, up 10.8% and 21.9% equivalent to 95% and 98% targets.

Telecom services: Telecom services’ revenue and PBT respectively posted VND 4,303 billion

and VND 693 billion, up 12.4% and 31.3% thanks to the increase in number of users and

better cost management. Revenue and PBT of Broadband services increased by 10% and 35%

y-o-y respectively.

Online advertising: Due to negative impact of COVID-19 on marketing budget of local

corporate clients, revenue and PBT of online advertising decreased 19.0% and 25.8%. FPT is

targeting new clients with better product offerings during the pandemic.

528

693(+31.3%)

5M2020 5M2020

PBT - Telecom Services

3,827

4,303(+12.4%)

5M2020 5M2020

Revenue - Telecom Services

103

76 (-25.8%)

5M2020 5M2020

PBT - Online Advertising

212

172 (-19%)

5M2020 5M2020

Revenue - Online Advertising

6

PERFORMANCE REPORT

IN 5M2020

Education sector: May 2020 recorded 1,125 new enrolled students, up 89% y-o-y, the majority of which is in Polytechnic and global affiliate programs. The total number of students by 31/05/2020 was 45,3030, up 38%.

594

1,125 (+89%)

5M2020 5M2020

New student enrollment

32,834

45,303 (+38%)

31/05/2019 31/05/2020

Total number of students

7

PERFORMANCE REPORT

IN 5M2020

Financial performance by sector

SEGMENTS

REVENUE PROFIT BEFORE TAX

5M2020 5M2020 YoY

change % YTD

guidance 5M2020 5M2020

YoY change

% YTD guidance

Global IT services 3,983 4,802 20.5% 99% 608 746 22.8% 100%

Domestic IT services 1,416 1,358 -4.1% 104% 93 59 -37.0% 124%

Subtotal Technology 5,400 6,160 14.1% 100% 701 805 14.8% 101%

Telecom services 3,827 4,303 12.4% 97% 528 693 31.3% 104%

Online advertising 212 172 -19.0% 72% 103 76 -25.8% 65%

Subtotal Telecom 4,039 4,475 10.8% 95% 631 769 21.9% 98%

Education, investments & Other 523 564 7.8% 93% 387 419 8.3% 112%

Total 9,961 11,199 12.4% 98% 1,719 1,993 16.0% 102%

Contact details:

Investor relations department

Email: ir@fpt.com.vn

Disclaimer

This document has been prepared by FPT Corporation and its subsidiaries for the purpose of setting out certain information in respect of FPT’s business activities in the period stated. This document may contain forward-looking statements that reflect management’s current view with respect to the future development of FPT Corporation, as well as its subsidiaries. The outlook is based on estimates and expectations that we have made on the basis of all the information we have at this point in time. In addition, such forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially.