We are pleased to announce the proposed issue by MCSM of up to 40,000,000 European-style non-collateralised cash settled call warrants over ordinary shares of PCHEM by way of market making.

The PCHEM-C1T is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

The PCHEM-C1T is constituted by the Deed Poll dated 13 September 2024. The PCHEM-C1T is subject to the terms and conditions of the Base Prospectus dated 30 September 2024. The obligations of MCSM under PCHEM-C1T are guaranteed by Macquarie Financial Limited pursuant to the Guarantee Deed Poll dated 13 September 2024.

A summary of the principal terms of PCHEM-C1T is set out in the attachment.

This announcement is dated 14 August 2025.