On behalf of the Board of Directors of BMB (“Board”), Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that the Company proposes the following:

(i) to undertake a bonus issue of up to 269,834,150 Bonus Shares on the basis of one (1) Bonus Share for every two (2) existing BMB Shares held on an entitlement date to be determined later (“Entitlement Date”); and

(ii) to establish and implement a new employees’ share grant plan (“ESGP”) of up to four percent (4%) of the issued share capital of the Company (excluding treasury shares) at any point in time for the award of new BMB Shares (“ESGP Shares”) to any executive director and/or key employee of BMB and its subsidiaries (“BMB Group”) excluding dormant subsidiaries (“Participating BMB Group”), who fulfill the criteria for eligibility (“Eligible Employees”) which will be stipulated in the by-laws governing the ESGP (“By-Laws”).

Please refer to the attachment for further details.

This Announcement is dated 27 November 2017.