We are pleased to announce the proposed issue by KIBB of up to 35,000,000 European style non-collateralised cash-settled put warrants over the HSI.

The HSI-HB1 is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The HSI-HB1 is subject to terms and conditions of the Base Prospectus dated 21 May 2021, the First Supplementary Base Prospectus dated 3 September 2021 and the Term Sheet dated 14 December 2021.

The HSI-HB1 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 21 May 2021 and the First Supplementary Base Prospectus dated 3 September 2021.

A summary of principal terms of the HSI-HB1 is set out in Table 1.

This announcement is dated 14 December 2021.