We are pleased to announce that XIAOMI-C29 has expired at 9.00 a.m. on 29 July 2024 ("Expiry Date") and the Holders shall be entitled to the Cash Settlement Amount (per XIAOMI-C29) (if the said amount is greater than zero).

The Settlement Price has been determined at HKD16.6560 being the arithmetic mean of the closing price of XIAOMI Shares on the Stock Exchange of Hong Kong for the five (5) scheduled market days prior to and including the market day before the Expiry Date.

The Cash Settlement Amount shall be converted to RM prior to payment, using the prevailing rate of exchange being HKD/MYR0.5939 on the Exercise Date at or about 5.00 p.m. Malaysia time ("Settlement Exchange Rate").

Cash Settlement Amount :

= {(Settlement Price - Exercise Price) / Exercise Ratio} x Settlement Exchange Rate x Number of XIAOMI-C29 exercised - 0.30%

= {(HKD16.6560 - HKD16.0000) / 12 } x 0.5939 x Number of XIAOMI-C29 exercised - 0.30%

= RM0.0325 x Number of XIAOMI-C29 exercised - 0.30%

Payment of the Cash Settlement Amount shall be made via the eDividend or Cash Redemption Payment Service by Bursa Malaysia Depository into the bank account of the Holders as provided in the Record of Depositors within seven (7) Market Days following the Expiry Date. Bank cheques shall be issued in favour of the Holders whose bank account information is not available in the Record of Depositors.

This announcement is dated 29 July 2024.