Novaland Completes the Issuance of 184 Million Debt-Convertible Shares for Shareholders Related to Mr. Bui Thanh Nhon and International Bondholders

On December 31, 2025, Novaland’s Board of Directors finalized the issuance of 163,658,391 shares to convert debts to NovaGroup and Diamond Properties, valuing over 2.577 trillion VND in total. This measure aims to maintain company operations amid financial difficulties. In addition, 20,750,394 shares were issued to four foreign investors to convert 133 bonds valued at 747 billion VND. After the two issuance rounds, the total number of shares increased to 184,408,785, enabling Novaland to reduce its debt by over 3.324 trillion VND, while its charter capital rose to 22.320 trillion VND. The large shareholders’ ownership ratio reached over 40%, ensuring compliance with legal regulations.