Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Maxis had today, made the offer of a performance share award under the LTIP ("Offer") involving 12,189,400 ordinary shares in Maxis ("Maxis Shares") to the eligible employees of Maxis and its subsidiaries.
Details of the Offer are as follows:-
1. Date of the Offer: 1 July 2026
2. Number of Maxis Shares offered pursuant to the Offer: 12,189,400 Maxis Shares
3. Closing price of Maxis Shares on date of the Offer: RM3.42
4. Number of Maxis Shares offered to each Director under the Offer: Nil
5. Vesting period of Maxis Shares under the Offer: 36 months (3 years)
Note:-
Subject to the terms and conditions of the by-laws governing the LTIP established on 3 July 2023 and the terms of the letter constituting the Offer, selected employees who have accepted the Offer shall be entitled to receive new Maxis Shares to be issued pursuant to the Offer upon meeting the applicable vesting conditions. The vesting conditions comprise, amongst others, the performance targets for the period between 1 January 2026 and 31 December 2028. The Maxis Shares under the Offer shall vest on 2 July 2029, subject to the meeting of such performance targets and any other applicable vesting conditions.
This announcement is dated 1 July 2026.