With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of HENGYUAN, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

HENGYUANC32 is constituted by the Deed Poll dated 13 August 2021 executed by us, as supplemented from time to time. The HENGYUANC32 is subject to the terms and conditions of the Base Prospectus dated 24 August 2021, First Supplementary Base Prospectus dated 25 October 2021, Second Supplementary Base Prospectus dated 20 January 2022, Third Supplementary Base Prospectus dated 21 March 2022 and the Term Sheet for the HENGYUANC32 dated 02 June 2022.

A summary of the principal terms of the HENGYUANC32 is set out in Table 1.

This announcement is dated 02 June 2022.