We are pleased to announce the proposed issue by KIBB of up to 50,000,000 European style non-collateralised cash-settled call warrants over the ordinary shares of MAXIS.

The MAXIS-C18 is constituted by the Deed Poll dated 9 May 2019 executed by us, as supplemented from time to time. The MAXIS-C18 is subject to terms and conditions of the Base Prospectus dated 14 May 2019 and the Term Sheet dated 29 April 2020.

The MAXIS-C18 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 14 May 2019.

A summary of principal terms of the MAXIS-C18 is set out in Table 1.

This announcement is dated 29 April 2020.