Masan Group Clarifies False Reports on SK Group's Put Option Exercise

Ho Chi Minh City, 24 June 2024 – Masan Group Corporation (HOSE: MSN, “Masan” or the “Company”), today would like to address the recent news in South Korea on SK Group’s investment stake in Masan Group:

• According to the article, SK Group (“SK”) “has exercised a put option (the right to sell shares) to sell 9% of its stake in Masan Group”. To date, SK has not exercised the put option.

• The two companies are in the final stage for an orderly and market-based process for SK Group to reduce their stakes at Masan Group, targeting professional pre-identified investors who are familiar with MSN’s business operations, subject to optimal market conditions. This process is designed to protect and maximize the interests of the shareholders of both companies.