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 KOSSAN, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

KOSSAN-C50 is constituted by the Deed Poll dated 24 August 2022 executed by us, as supplemented from time to time. The KOSSAN-C50 is subject to the terms and conditions of the Base Prospectus dated 29 August 2022 and the Term Sheet for the KOSSAN-C50 dated 13 September 2022.

A summary of the principal terms of the KOSSAN-C50 is set out in Table 1.

This announcement is dated 13 September 2022.