Issuance Of Senior Islamic Medium Term Notes ("SENIOR SUKUK WAKALAH") Of RM800.0 Million In Nominal Value Pursuant To An Islamic Notes Issuance Programme Of Up To An Aggregate Limit Of RM5.0 Billion In Nominal Value For The Issuance Of Senior Sukuk Wakalah And/Or Subordinated Perpetual Islamic Notes ("PERPETUAL SUKUK WAKALAH") Based On The Shariah Principle Of Wakalah Bi Al-Istithmar ("SUKUK WAKALAH PROGRAMME")

MAHB is pleased to announce that the Company has, on 27 April 2022, successfully issued the Senior Sukuk Wakalah in aggregate of RM800.0 million in nominal value (“Sukuk Issuance”) from its Sukuk Wakalah Programme, with the following salient terms:

The Senior Sukuk Wakalah issued under the Sukuk Wakalah Programme was assigned a credit rating of “AAA” with a stable outlook by RAM Rating Services Berhad and the proceeds from the Sukuk Issuance shall be utilised by the MAHB group of companies for working capital requirements, capital expenditure, general investments, general corporate purposes, refinancing of existing borrowings/financings and/or defrayment of fees and expenses under the Sukuk Wakalah Programme, all of which shall be Shariah-compliant.

The Sukuk Issuance represents MAHB's second issuance under its Sukuk Wakalah Programme since the last issuance in December 2021. With the recent opening of Malaysian international borders, MAHB managed to tap on prospects of market recovery and garnered respectable demand for its Senior Sukuk Wakalah with a final bid-to-cover ratio of more than 3.5 times the final issue size. On the back of this, MAHB had also successfully tightened the final price of the Senior Sukuk Wakalah substantially from the initial price guidance which represents the lowest ever spread over Malaysian Government Securities ("MGS") for a 5-year Sukuk issuance by MAHB under the Sukuk Wakalah Programme. Similar to the previous Sukuk issuance in December 2021, the Senior Sukuk Wakalah was also subsequently upsized from the initial target issue size of RM500.0 million to RM800.0 million.

HSBC Amanah Malaysia Berhad, Maybank Investment Bank Berhad and RHB Investment Bank Berhad are the Joint Lead Managers for the Sukuk Issuance.

This announcement is dated 27 April 2022.

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