We are pleased to announce the proposed issue by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in PBBANK

The PBBANK-C56 is constituted by the Deed Poll dated 5 May 2020 executed by us, as supplemented from time to time. The PBBANK-C56 is subject to the terms and conditions of the Base Prospectus dated 14 May 2020, the First Supplementary Base Prospectus dated 24 June 2020, the Second Supplementary Base Prospectus dated 17 July 2020 and the Third Supplementary Base Prospectus dated 20 October 2020 and the Term Sheet for the PBBANK-C56 dated 20 October 2020.

The PBBANK-C56 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the PBBANK-C56 is set out in the attachment.

This announcement is dated 20 October 2020.