Further to the announcements made on 5 December 2019 and 22 December 2020, RHB Bank wishes to announce that RHB Asset Management Limited (“RHBAM”) and RHB Capital Hong Kong Limited (“RHBCHK”), the indirect wholly-owned subsidiaries of RHB Bank, have been dissolved on 15 October 2021 pursuant to The Companies (Winding Up and Miscellaneous Provisions) Ordinance of Hong Kong. Arising therefrom, RHBAM and RHBCHK are no longer the indirect wholly-owned subsidiaries of RHB Bank.

The dissolution of RHBAM and RHBCHK will not have any material effect on the earnings and net assets of RHB Bank for the financial year ending 31 December 2021.

This announcement is dated 15 October 2021.