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FOREIGN INVESTMENT AGENCY - MINISTRY OF PLANNING AND INVESTMENT

INVESTMENT PROMOTION CENTER FOR CENTRAL VIETNAM

Universal Alloy Corporation

Universal Alloy Corporation Vietnam
                     Co.,Ltd

April 09th, 2020

Dear Director of IPCC,

Central Vietnam has become an attractive investment destination for both domestic and foreign investors. After extensive due diligence for operating locations across Southeast Asia, and thanks to the support and introduction from Investment Promotion Center for Central Vietnam (IPCC), UAC Vietnam had a chance to learn more about Central Vietnam and finally chose Danang as our investment destination. Danang in specific and Central Vietnam in general excelled in UAC’s selection in the following areas:

• Investment support and transparency from authorities at all levels such as People’s Party, People’s Committee, DHTP and support Departments. Danang &

Central Vietnam conform to the strictest international standards for labor, safety systems, and the environment, meeting the requirements of highly regulated aerospace businesses like UAC.

• Support facilities ecosystem’s variety in Central Vietnam helped UACV connect with world class universities and qualified labor resources to fulfill employees recruiting plan.

• Work ethic – UACV has found employees to be very quality focused which is essential in the aerospace industry.

• Global logistics from strategic seaports of Central Vietnam, with Danang as an example allows UACV to easily reach a global aerospace industry.

Yours faithfully!

Dr. Jon KEVIN Loebbaka,

Chief Operating Officer – Responsibility for UAC’s European and Asian Operations.

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