We are pleased to announce the proposed issue by MCSM of up to 31,000,000 European-style non-collateralised cash settled put warrants over ordinary shares of BYD by way of market making.

The BYD-H3 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

The BYD-H3 is constituted by the Deed Poll dated 25 October 2021. The BYD-H3 is subject to the terms and conditions of the Base Prospectus dated 29 October 2021. The obligations of MCSM under BYD-H3 are guaranteed by Macquarie Financial Holdings Pty Limited pursuant to the Guarantee Deed Poll dated 25 October 2021.

A summary of the principal terms of BYD-H3 is set out in the attachment.

This announcement is dated 09 November 2021.