We are pleased to announce the proposed issue by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in FRONTKN.

The FRONTKN-C26 is constituted by the Deed Poll dated 18 April 2022 executed by us, as supplemented from time to time. The FRONTKN-C26 is subject to the terms and conditions of the Base Prospectus dated 22 April 2022, the First Supplementary Base Prospectus dated 3 June 2022, the Second Supplementary Base Prospectus dated 19 July 2022, the Third Supplementary Base Prospectus dated 6 September 2022, the Fourth Supplementary Base Prospectus dated 15 December 2022 and the Term Sheet for the FRONTKN-C26 dated 2 March 2023.

The FRONTKN-C26 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the FRONTKN-C26 is set out in the attachment.

This announcement is dated 2 March 2023.