No.: ...... /21/TB-HC                                                                          Hồ Chí Minh City, July 19^th  2021

ANNOUNCEMENT

 (Rev: Using Digital Signature of Phu Hung Assurance Coporation)

To: Customers, Partners and related Parties

        Phu Hung Assurance Corporation (“Phu Hung”) would like to express our sincere thanks to the valued customers and partners for cooperating and using our company's services during the past time.

In the reality of the complicated status of the Covid-19 epidemic, along with the current trend of the 4.0 technology revolution, the demand for online transactions is increasing, Phu Hung is pleased to announce the new application of digital signatures in transactions with customers and partners to ensure the safety of customers, partners, information security as well as reduce transaction time, specifically as follows:

1. Documents using Phu Hung’s digital signature.

Phu Hung's digital signature is used when issuing insurance documents to all Phu Hung's Customers (including but not limited to documents such as: Insurance Premium Offer, Insurance Policy Summary, Notice of insurance premium collection, Certificate of insurance, Terms of amendment and supplement to the Insurance Policy, other notices and documents related to the Insurance Policy) and/or when Phu Hung signs contracts, transactions with partners and/or when Phu Hung issues other documents and documents on behalf of Phu Hung, etc. (hereinafter referred to as “Document”).

2. Qualified form/type of documents with digital signature of Phu Hung.

All Phu Hung’s documents issued with digital signatures will be qualified/recognized as PDF files in clear color.

3. Legal value of digital signature of Phu Hung.

Clauses 1 and 2, Article 8 of Decree No. 130/2018/ND-CP dated September 27^th, 2018 of the Government on the legal value of digital signatures have the following regulations:

“Article 8. Legal value of digital signatures

1. In the case when the law regulates a document with signature, the requirement for a data message is considered verified if the data message is signed with a digital signature and that digital signature is guaranteed to be secure as prescribed in Article 9 of this Decree.
2. In the case when the law regulates a document with stamp from organizations, the requirement for a data message is considered verified if the data message is signed by the digital signature of the enterprises, organizations and the digital signatures are guaranteed to be secure according to the regulations of Article 9 of this Decree.”

(Underlined part should be emphasized)

Implementing the above regulations, in order to use digital signatures, Phu Hung has purchased and used a public digital signature service legally provided by Vi Na Digital Signature Joint Stock Company (Vina-CA) and has been granted a Certificate of using Vina-CA digital certificate (Copy of this certificate is attached to this Announcement).

Thus, Documents signed by digital signatures of Phu Hung would have the same legal validity as Documents signed by hardcopy-stamped signature (signed directly by hand) and stamped with Phu Hung's seal as usual.

4. Legal value of signature-scanned copy of General Director and seal-scanned copy of Phu Hung in all Documents.

In each Document, Phu Hung would also uses a signature-scanned copy of the General Director and the seal-scanned copy of Phu Hung. Phu Hung would confirm that the use of this s signature-scanned and seal-scanned copy is only for visual meaning for customers and partners, and does not change the legal value of Phu Hung's digital signatures.

5. Recognizing digital signatures issued by Phu Hung.

Customers, partners are kindly requested to refer to the Guidelines for checking information related to digital signatures attached to this Announcement.

6. Validity of the signed signature and stamped seal in the usual way.

The use of Phu Hung's digital signature in issuing Documents does not change or affect the legal validity of the signed and stamped signature in the usual way (often referred as the “hardcopy stamping / raw chopping and signing”) by an authorized person of Phu Hung.

7. Validity for application.

The use of digital signature of Phu Hung would be applied from July 21, 2021.

By this Announcement, Phu Hung kindly hopes that customers and partners will have experiments on more convenience in the transaction process with Phu Hung.

For further information, please feel free to contact Phu Hung at: 028.5413 5966 - 0899 888 018 for assistances.

Sincerely,

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