VinaCapital Vietnam Opportunity Fund Limited

(the "Company" or "VOF")

LEI Number: 2138007UD8FBBVAX9469

Retirement of Thuy Bich Dam from the Board

Thuy Dam has retired from her position as Director of the Company with effect from 18 April 2023. Thuy has been a Director of VOF for nine years since 2014 and her retirement is in compliance with best corporate governance practice. She has been an important contributor to VOF, providing the Board with insight and representation in all matters Vietnamese. The Board has valued her contribution greatly and she will be missed at both a business and a personal level. The Board would like to wish her all the best in her future endeavours.

Thuy played an important role in the identification of a replacement Vietnamese director, and this work culminated in the appointment of Hai Thanh Trinh as a Director of VOF on 30 June 2022. Thuy has acted as a mentor to Hai since his appointment and the Board is pleased that he is now well settled into his role.

Enquiries:

1.   References to VOF or the Company in this announcement shall mean VinaCapital Vietnam Opportunity Fund Limited, a non-cellular company incorporated in the Bailiwick of Guernsey under The Companies (Guernsey) Law, 2008, with registered number 61765. It is authorised by the Guernsey Financial Services Commission (reference number 2268242) as a registered closed-ended investment scheme under The Protection of Investors (Bailiwick of Guernsey) Law, 2020 and in compliance with the Registered Collective Investment Scheme Rules, as amended.

2.     The registered office address of the Company is East Wing, Trafalgar Court, Les Banques, St Peter Port, Guernsey, Channel Islands, GY1 3PP.

3.     This announcement may contain inside information as stipulated under the Market Abuse Regulations (MAR).