Report for the year of 2012 Finance, Accounting and Investment 1

Contents Achievements Financial markets Challenging Missions & Actions 2

Achievements 3

Cathay Life’s assets (in billion) % 4

Revenues (in billion) billion 231 billion 185 billion 107 billion billion (estimated) A year of changes for a strong development in the future. -19% 5

Gross premiums written (in billion) -29% 6

Investment asset available for sale (in billion) % 7

2012 Investment portfolio 66% Government Bonds at yield 14.7% 32% VND Time deposits at rate 10.9% 2% USD Time deposits at rate 2.4% Investment returns of VND 130 billion (estimated) As of 30 th Nov 8

Operating results (in billion) Start improving for a better result in near future. 9

Financial markets 10

11 Vietnam economic reviews The economy growths slowly this year. GDP hopes grow 5.5% in Inflation rate this year was well- controlled at under 2 digits but it’s on the uptrend since Sep12 11

12 Vietnam economic reviews (cont) VND remains unchanged at 20,828 per one USD during 2012 thanks to the narrow down of national trade deficit (export and import). 12

13 Vietnam economic reviews (cont) Vietnam’s banking system is restructuring. Five (5) small banks were merged in the past and this trend is still going on. State Bank of Vietnam eased monetary policies with 6% cutting of time deposit rate from 14% to 8% 13

International financial market EU - Debt crisis USA - Slowly recovery with high unemployment rate China - Slow growth due to weak demand of domestic consumption 14

challenging 15

Premium collections High renewal premium is a remarkable indicator in our development. 16

Controllable expenses (in billion) 37%54%44%47%46%38% It is required each department has to be more responsibilities in expense control. Revenues 17

Missions & Actions 18

Top missions  Maximizing company benefits from the investment transactions.  Efficient controlling company expense.  Producing the reliable financial statements.  Ensuring Cathay Life to comply with the regulations. 19

1 2 Invest to Vietnam stock market 4 Launching the investment system Apply new accounting system for Life insurance industry Action plans Working on the on-line payment system. 3 20

Thanks for your attention ! 21

Happy new year 2013 !!! Happy new year 2013 !!! 22