Reference is made to our announcements dated 14 September 2023 in relation to the offering of 35,000,000 European-style non-collateralised cash-settled call warrants over the HSI (“Existing Issue”) and 28 November 2023 in relation to the proposed further issue of up to 50,000,000 European-style non-collateralised cash-settled call warrants over the HSI (“Further Issue”).

The purpose of the Further Issue is to facilitate the market making process of the Existing Issue. The Further Issue will form part of the Existing Issue and the terms and conditions of the Further Issue will be identical with the Existing Issue.

The HSI-CRZ is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The HSI-CRZ is subject to terms and conditions of the Base Prospectus dated 25 May 2023, the Existing Issue Term Sheet dated 14 September 2023 and the Further Issue Term Sheet dated 5 December 2023.

The HSI-CRZ will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 25 May 2023.

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

This announcement is dated 5 December 2023