We refer to our announcement dated 20 October 2014 in relation to the establishment of a CP Programme and a MTN Programme which have tenures of up to 7 years and 20 years respectively from the date of the first issuance from each of the respective programmes, with a combined aggregate nominal value of RM1.5 billion ("CP/MTN Programmes").

The Board of Directors of Tan Chong Motor Holdings Berhad wishes to announce that following the full redemption of the notes which were outstanding under the MTN Programme with a nominal value of RM500 million on 24 November 2021, the Company has terminated the CP/MTN Programmes.

This announcement is dated 1 December 2021.