Company Announcements

VinaCapital Vietnam Opportunity Fund Limited

(the "Company" or "VOF")

LEI Number: 2138007UD8FBBVAX9469

Results of AGM - 2 December 2021

The Directors of the Company are pleased to announce the results of voting at the annual general meeting of the Company held at 11:00 AM (UK Time) on 2 December 2021 at the offices of Aztec Group, East Wing, Trafalgar Court, Les Banques, St Peter Port, Guernsey, GY1 3PP (the "AGM").

A summary of the results is provided below.

All resolutions proposed at the AGM were passed.

Voting was conducted by a show of hands and inclusive of votes received by the Company by way of proxy, either by post, web voting or via CREST, by no later than 11:00 AM (UK Time) on 30 November 2021.

Total votes of 83,481,696 were cast at the AGM, representing 45.83% of the total issued share capital of the Company as at 2 December 2021 (immediately prior to convening the AGM).

The text of the resolutions is paraphrased, the full text of each resolution is available in the notice and agenda of the AGM.

A copy of this announcement will be available on the Company's website at https://vof.vinacapital.com/ and, in accordance with Listing Rules, the full text of the special resolutions passed at the AGM has been submitted to the National Storage Mechanism.

Further information is available on the Company's website at: https://vof.vinacapital.com/

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, 1987 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.

4.     The total voting rights of the Company immediately prior to convening the AGM were 182,136,675.

5.     Pursuant the Companies (Guernsey) Law, 2008, resolutions of the members are passed on a show of hands if passed by members who vote in person and by persons who vote as duly appointed proxies of members entitled to vote. Accordingly, this means that resolutions are passed by the requisite majority of votes cast at the AGM, not as a majority of the total voting rights.

6.     A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" and "against" a particular resolution.

7.     Ordinary resolutions are passed if more than 50% of votes are cast in favour of the resolution.

8.     Special resolutions are passed if more than 75% of votes are cast in favour of the resolution.

9.     Pursuant to the articles of the Company, an Extraordinary resolution is passed if more than 75% of votes are cast in favour of the resolution.

10.   Total percentages voted may not add to 100% in all cases due to roundings.