Page 98 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

Lan Chi Mart stores are medium to large supermarkets that bring a variety of unique product options and local
items to rural communities in the north of Vietnam, all under one roof. Central Retail locates Lan Chi Mart stores
near local communities and residential clusters in rural areas, bringing modern retail settings to the community
and ensuring that customers are able to find items that they would have otherwise had to travel far to obtain, and
for good value. In addition to grocery offerings, Lan Chi Mart provides a variety of soft goods which are a large
contributor to overall sales, and which Central Retail believes is a testament to the confidence consumers have in its
brand. Central Retail has also introduced small food stalls in its stores, usually serving international food, to introduce
new cultures and experiences to its customers. Lan Chi Mart opened as a small enterprise selling merchandise on
the outskirts of Hanoi in 1995, expanded into supermarkets in 2007, was acquired by Central Retail through a joint
venture in 2015, and has since expanded to 10 provinces throughout Vietnam as of 31 December 2021.

The following table presents an overview of Lan Chi Mart, Tops market Vietnam, and Big C / GO! as of the dates
presented.
As of 31 December Retail brands

2019 2020 2021
Total number of stores (stores)

Lan Chi Mart / go! /
Supermarket 25 24 32
Tops market
Hypermarket (1) 37 41 37 Big C / GO!
Total net selling space (sq.m.)

Lan Chi Mart / go! /
Supermarket 47,031 45,031 61,683
Tops market
Hypermarket 179,247 192,978 194,262 Big C / GO!
Average net selling space per location (sq.m.)

Lan Chi Mart / go! /
Supermarket 1,881 1,876 1,928
Tops market
Hypermarket 4,845 4,707 5,250 Big C / GO!

(1) Rebranding Big C Hypermarket to Tops market Vietnam in 2021

98 Annual Report 2021 (Form 56-1 One-Report)