Vingroup : VINFAST CELEBRATES THE 2023 VINFAST IRONMAN® WORLD CHAMPIONSHIP AND CONTINUED PARTNERSHIP

• Inaugural VinFast IRONMAN World Championship held in Nice, France, on September 10th, 2023.

• VinFast continues as the Title partner and Exclusive Electric Vehicle Partner for a further two years.

Nice, September 11, 2023 - VinFast (NASDAQ: VFS), Vietnam's first global electric vehicle (EV) brand, will continue as the Title Partner to the IRONMAN® World Championship for a further two years. The partnership continues to the end of 2025, post the inaugural VinFast IRONMAN® Men's World Championship held on September 10 in Nice, France.

In addition to the role of Title Partner, VinFast continues to be the Exclusive EV partner for IRONMAN® and IRONMAN® 70.3® series in North America, Europe, and Asia for the next two years.

At the 2023 VinFast IRONMAN® World Championship, Men's race, co-hosted in Nice, France on Sep 10, the VinFast VF 8 was displayed at the event venue, giving thousands of attendees and athletes their opportunity to get a first-hand look at this all-electric SUV.

"The IRONMAN Group is delighted to celebrate the finale of our Men's World Championship with our trusted partner, VinFast. Its support has enabled us to once again deliver a spectacular series of qualifying events across North America, Europe, and Asia this year, and also our World Championship in Nice," said Andrew Messick, President and Chief Executive Officer for The IRONMAN Group. "Much like the spirit of IRONMAN and our athletes, we value the way VinFast pushes the boundaries forward through their smart and eco-friendly electric vehicles to create a sustainable future for all."

For the first time, Nice, France will be the dual host of the IRONMAN® World Championship for men's professional and age-group athletes. The female professional and age-group athletes will race in Kailua-Kona on 14 October and will rotate each year. The athletes will start from the Mediterranean, alongside the famous Promenade des Anglais to the spectacular Pre-Alps.

Madame Thuy Le, Global CEO of VinFast shared: "VinFast proudly joins hands with IRONMAN to inspire thousands of athletes and spectators across Europe and the globe. The partnership underlines VinFast's commitment to be the best in all our operations. At VinFast, we believe that the determination and relentless efforts to improve every day will enable the drive to push beyond the limits of what others."

VinFast has rung the opening bell to commence trading of its shares and warrant on the Nasdaq GlobalMarket, under the ticker symbol "VFS" and "VFSWW". The company has established a network of more than 120 VinFast Stores globally and is continuing to expand its retail and service network worldwide. In July of this year, VinFast broke ground at its electric vehicle manufacturing site in North Carolina. The manufacturing facility is expected to commence production in 2025, with an expected production capacity of 150,000 vehicles per year in the initial phase.

The 2024 VinFast IRONMAN® Men's World Championship will take place in Kailua-Kona, Hawaii, where the 2023 VinFast IRONMAN® Women's World Championship is due to take place on October 14. VinFast became the Naming Rights Partner of the IRONMAN® U.S. Series in 2022, and North America from 2023, as well as the Title Partner for the IRONMAN® World Championship since 2022 and the IRONMAN® 70.3® World Championship from 2023.

***

ABOUT VINFAST

VinFast - a member of Vingroup - envisioned to drive the movement of global smart electric vehicle revolution. Established in 2017, VinFast owns a globally scalable state-of-the-art automotive manufacturing complex that boasts up to 90% automation in Hai Phong, Vietnam.

Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.eu/.

ABOUT THE IRONMAN GROUP

The IRONMAN Group operates a global portfolio of events that includes the IRONMAN® Triathlon Series, the IRONMAN® 70.3® Triathlon Series, the IRONMAN® Virtual Racing™ (VR™) Series, 5150™ Triathlon Series, the Rock 'n' Roll® Running Series, the Rock 'n' Roll Virtual Running™ Series, IRONKIDS®, World Triathlon Championship Series, premier running events including the Standard Chartered Singapore Marathon™ and City2Surf®, UTMB® World Series events including Tarawera Ultra and Ultra-Trail Australia™, Epic Series™ mountain bike races including the Absa Cape Epic®, road cycling events including Haute Route®, and other multisport races. The IRONMAN Group is the largest operator of mass participation sports in the world and provides more than a million participants annually the benefits of endurance sports through the company's vast offerings. Since the inception of the iconic IRONMAN® brand and its first event in 1978, athletes have proven that ANYTHING IS POSSIBLE® by crossing finish lines around the world. Beginning as a single race, The IRONMAN Group has grown to become a global sensation with hundreds of events across 55+ countries. The IRONMAN Group is owned by Advance, a private, family-owned business. For more information, visit www.ironman.com/about-ironman-group.