We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the LCTITAN Shares.

LCTITAN-CH is constituted by the Deed Poll dated 9 December 2020 executed by us for the Structured Warrants, as supplemented from time to time. LCTITAN-CH is subject to the terms and conditions of the Base Prospectus dated 15 December 2020, the First Supplementary Base Prospectus dated 9 March 2021, the Second Supplementary Base Prospectus dated 5 August 2021 and the Term Sheet dated 11 October 2021.

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