We are pleased to announce the proposed issue by MCSM of up to 25,000,000 European-style non-collateralised cash settled call warrants over ordinary shares of AXIATA by way of market making.

The AXIATA-C2C is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

The AXIATA-C2C is constituted by the Deed Poll dated 12 September 2025. The AXIATA-C2C is subject to the terms and conditions of the Base Prospectus dated 30 September 2025. The obligations of MCSM under AXIATA-C2C are guaranteed by Macquarie Financial Limited pursuant to the Guarantee Deed Poll dated 12 September 2025.

A summary of the principal terms of AXIATA-C2C is set out in the attachment.

This announcement is dated 18 March 2026.