We wish to announce that HLB has on 26 June 2026 issued RM640.0 million in nominal value of Tier 2 subordinated notes ("HLB Sub-Notes"), pursuant to its multi-currency Tier 2 subordinated notes programme ("HLB T2 Programme").

Proceeds from the HLB Sub-Notes shall be utilised, without limitation, for HLB's working capital, general banking and other corporate purposes, and the refinancing of any existing borrowings incurred, subordinated debt issued by HLB and/or any existing subordinated notes issued under the HLB T2 Programme.

Some of the salient terms of the HLB Sub-Notes are as follows:

Aggregate nominal value: Tranche 7 Series 1: RM350.0 million

                                          Tranche 7 Series 2: RM290.0 million

Tenure:  Tranche 7 Series 1: Ten (10) years, non-callable 5-years       

              Tranche 7 Series 2: Twelve (12) years, non-callable 7-years

Coupon rate: Tranche 7 Series 1: 3.90% per annum

                      Tranche 7 Series 2: 4.00% per annum

Coupon payment period: 6 months

Call Date: Tranche 7 Series 1: 26 June 2031 and every coupon payment date thereafter

                 Tranche 7 Series 2: 27 June 2033 and every coupon payment date thereafter

Rating: AA1 by RAM Rating Services Berhad

For further details on the issuance, please refer to the Principal Terms and Conditions which is available on HLB's website.

This announcement is dated 26 June 2026.