We are pleased to announce the proposed issue by KIBB of up to 100,000,000 European style non-collateralised cash-settled put warrants over the HSI.

The HSI-PWPR is constituted by the Deed Poll dated 20 May 2025 executed by us, as supplemented from time to time. The HSI-PWPR is subject to the terms and conditions of the Base Prospectus dated 27 May 2025, the First Supplementary Base Prospectus dated 6 October 2025 and the Term Sheet dated 27 January 2026.

The HSI-PWPR will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 27 May 2025 and the First Supplementary Base Prospectus dated 6 October 2025..

A summary of principal terms of the HSI-PWPR is set out in Table 1.

This announcement is dated 27 January 2026.