We are pleased to announce the proposed issue by MCSM of up to 50,000,000 European-style non-collateralised cash settled call warrants over ordinary shares of SNS by way of market making.

The SNS-CM is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

The SNS-CM is constituted by the Deed Poll dated 13 September 2024. The SNS-CM is subject to the terms and conditions of the Base Prospectus dated 30 September 2024. The obligations of MCSM under SNS-CM are guaranteed by Macquarie Financial Limited pursuant to the Guarantee Deed Poll dated 13 September 2024.

A summary of the principal terms of SNS-CM is set out in the attachment.

This announcement is dated 24 September 2025.