We are pleased to announce the proposed issue by MCSM of up to 50,000,000 European-style non-collateralised cash settled call warrants over ordinary shares of PBBANK by way of market making.

The PBBANK-C2E is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

The PBBANK-C2E is constituted by the Deed Poll dated 12 September 2025. The PBBANK-C2E is subject to the terms and conditions of the Base Prospectus dated 30 September 2025. The obligations of MCSM under PBBANK-C2E are guaranteed by Macquarie Financial Limited pursuant to the Guarantee Deed Poll dated 12 September 2025.

A summary of the principal terms of PBBANK-C2E is set out in the attachment.

This announcement is dated 11 November 2025.