Reference is made to our announcements dated 13 October 2021 in relation to the offering of 35,000,000 European-style non-collateralised cash-settled put warrants over the HSI (“Existing Issue”) and 23 March 2022 in relation to the proposed further issue of up to 35,000,000 European-style non-collateralised cash-settled put warrants over the HSI (“Further Issue”).

The purpose of the Further Issue is to facilitate the market making process of the Existing Issue. The Further Issue will form part of the Existing Issue and the terms and conditions of the Further Issue will be identical with the Existing Issue.

The HSI-HM7 is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The HSI-HM7 is subject to terms and conditions of the Base Prospectus dated 21 May 2021, the First Supplementary Base Prospectus dated 3 September 2021, the Second Supplementary Base Prospectus dated 14 February 2022, the Existing Issue Term Sheet dated 13 October 2021 and the Further Issue Term Sheet dated 30 March 2022.

The HSI-HM7 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 21 May 2021, the First Supplementary Base Prospectus dated 3 September 2021 and the Second Supplementary Base Prospectus dated 14 February 2022.

A summary of principal terms of the HSI-HM7 is set out in Table 1.

This announcement is dated 30 March 2022.