HAUS Da Lat appoints Mr. Michael Sheren as Chairman, reinforcing governance and ESG commitments while advancing a landmark luxury development in Da Lat.

The developer of the HAUS Da Lat real estate project has appointed Mr.
Michael Sheren as Chairman of its Board of Directors, marking a significant
step in strengthening corporate governance and reinforcing the brand’s
long-term commitment to ESG principles from the outset.

Mr. Sheren, a British national, is widely recognized as a global leader in
green finance, governance, and public policy. He currently serves as Vice Chair
of the Banking Environment Initiative, is a Fellow at the Cambridge University
Institute for Sustainability Leadership, and a Senior Advisor to the UNDP
Sustainable Finance Hub.

Prior to these roles, Mr. Sheren was a member of the World Economic Forum’s
Expert Group on Sustainable Governance. He also served as a Senior Advisor at
the Bank of England, where he provided strategic counsel and independent
challenge to senior management on risk, governance, and operational matters
within the financial system, particularly regarding climate change and
sustainability standards.

In his climate-related work, he has been deeply involved in efforts to
“green” the global financial system. He co-chaired the G20 Sustainable Finance
Study Group; served as a UK delegate to the Network for Greening the Financial
System (NGFS); contributed to digital green bond initiatives within the Bank
for International Settlements (BIS) Innovation Hub; and was a co-founder of the
Bank of England’s Fintech Accelerator.

With more than 25 years of experience in international capital markets, Mr.
Sheren specializes in the structuring, distribution, and trading of private
equity, commercial real estate, and structured debt for leading financial
institutions in New York and London. This background provides a strategic
advantage in bridging traditional finance with the ESG standards shaping the
industry’s future.

Mr. Sheren holds master’s degrees from Harvard University, the London School
of Economics and Political Science (LSE), and New York University (NYU), as
well as a bachelor’s degree from George Washington University.

In his capacity as Chairman of HAUS Da Lat, Mr. Sheren said he will work
alongside the developer and the HAUS brand to strengthen the governance
foundation, advance green finance initiatives, promote sustainable development,
and implement the planned ESG roadmap.

The One Destination is a pioneer in developing ESG-oriented real estate
models in Vietnam, with a nationwide portfolio of large-scale projects and land
holdings, including HAUS Da Lat on the shores of Xuan Huong Lake, a cultural
and heritage landmark of Da Lat.

The project features 68 freehold Sky Villas and Sky Mansions, a commercial
center, and the five-star InterContinental HAUS Da Lat resort complex.
Construction of the various components is underway, with HAUS Residences
scheduled for delivery in late 2027.

Lam Dong provincial authorities expect HAUS Da Lat to help place Da Lat and
Lam Dong on the global tourism map, supported by collaborations with
world-leading brands: architectural and landscape design firm Kengo Kuma and
Associates (KKAA); Isometrix Lighting Design; 1508 London, interior
designers for high-end residences; Chiva-Som, a leading wellness and therapy
brand; and Copper Beech, an operational consultant behind private residential
projects for world leaders, billionaires, and royalty.

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