Investors

We refer to the announcements dated 21 August 2023 and 23 August 2023 in relation to the Proposed LTIP. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.

On behalf of the Board, AmInvestment Bank wishes to announce that Bursa Securities had vide its letter dated 29 August 2023 approved the listing and quotation of such number of new Axiata Shares, representing up to 3.0% of the total number of issued Axiata Shares (excluding treasury shares) to be issued pursuant to the Proposed LTIP on the Main Market of Bursa Securities.

The approval by Bursa Securities is subject to the following conditions:

1. AmInvestment Bank and Axiata must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed LTIP;
2. AmInvestment Bank is required to submit a confirmation to Bursa Securities of full compliance of the Proposed LTIP pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed LTIP; and
3. Axiata is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the Proposed LTIP as at the end of each quarter together with a detailed computation of listing fees payable.

This Announcement is dated 29 August 2023.