Investors

Axiata refers to the announcement dated 8 January 2024 where it was announced that Boost Bank Berhad ("Boost Bank") (formerly known as Boost Berhad) received confirmation from Bank Negara Malaysia ("BNM") on the issuance of the physical digital banking licence to Boost Bank and for the said licence to take effect on 15 January 2024.

Axiata wishes to announce that Boost Bank has today launched its pioneering embedded digital bank application ("Embedded Digital Bank App") which is now officially open to the Malaysian public. A unique pioneering feature is that existing Premium Wallet customers on the Boost eWallet app can open a Boost Bank account via a seamless onboarding process. This positions Boost Bank at the forefront of embedded banking that effortlessly syncs with Malaysians' daily routines.

For information purposes, Axiata's indirect subsidiary, Boost Holdings Sdn Bhd and RHB Bank Berhad holds 60% and 40% respectively of the equity share capital of Boost Bank.

The joint press release on the launch as stated herein is attached.

This Announcement is dated 6 June 2024.