The 2026 Annual General Meeting of Shareholders (AGM) of GELEX Group (HoSE: GEX) will take place on April 1 at Fairmont Hanoi, drawing strong interest from the investment community. The event stands out not only for its highest dividend and bonus share plan in years, but also for a series of key decisions set to shape the Group’s next phase of growth.

Highest dividend and share issuance in recent years

GELEX plans to distribute a total dividend of 33% for 2025, including 25% in shares and 8% in cash. The cash portion was partially advanced on September 11, 2025, amounting to nearly VND 722 billion paid to shareholders.

In addition, the Group proposes a 20% bonus share issuance from equity. If approved, the combined value of dividends and bonus shares will reach 53%, the highest payout level GELEX has seen in recent years.

This is not merely about shareholder returns. It reflects a stable operating cash flow and a clear strategy to expand its capital base. Following the issuance, GELEX’s charter capital is expected to increase from VND 9,023 billion to VND 13,084 billion, creating a stronger foundation for larger investment opportunities ahead.

Notably, GELEX also plans to maintain a 10% cash dividend for 2026.

Election of the new Board of Directors for 2026–2031

Few companies in Vietnam have undergone as strong a transformation as GELEX over the past five years. From a traditional electrical equipment manufacturer, the Group has evolved into a diversified investment holding company with a well-structured portfolio.

Between 2021 and 2026, GELEX successfully listed two sub-holdings, GELEX Electric (GEE) and GELEX Infrastructure (GEL), on the HoSE, while sustaining stable, high-quality growth. Consolidated net revenue and profit before tax recorded compound annual growth rates of 8.4% and 22.5%, respectively, while EBITDA grew at 17.8% per year.

The fact that profit and EBITDA growth outpaced revenue highlights a shift toward deeper value creation, improving operational efficiency and value creation. Total assets grew at an average rate of 4.7% annually despite divestments from certain renewable energy projects, while leverage and liquidity ratios remained within safe levels, aligned with international standards.

As GELEX enters a new growth cycle with higher market expectations, its performance will be measured not only by past achievements, but by its governance and execution capabilities. In this context, the Group has built a stronger organizational structure, ready to manage risks, optimize capital allocation, and sustain long-term, resilient growth.

Other notable agenda items

According to AGM documents, GELEX’s next-phase strategy will focus on four core pillars: high-tech industry, real estate, infrastructure, and finance.

The Group also plans to relocate its headquarters to 27–29 Ly Thai To Street, Hoan Kiem District. More than a change of address, this marks a repositioning of GELEX’s corporate image after a decade at 52 Le Dai Hanh, reflecting its transition from an industrial manufacturer to a strategic investment group engaged in key sectors of the economy.

While many businesses continue to navigate ongoing market restructuring, GELEX enters 2026 with greater scale, a more structured organization, and a clearer strategic direction.

The 2026 AGM, therefore, is not just a routine annual meeting, but the starting point of a new growth cycle, aligned with GELEX’s vision toward 2030: to become Vietnam’s leading investment group and a symbol of Growth – Efficiency – Sustainability.

PR DEPARTMENT